AUDNZD, go long after the break on the 1H Frame
AUDNZD might be ready for a reversal on a zone of resistance. AUD has been bullish for quite long now and the indicators start to show divergence. The reversal zone has been serving as Support or Resistance in July 2014, May 2015, end of January 2016. We might want to wait for an optimal entry point and then let the market decide how this will go - possibly with...
AUDNZD might be ready for a reversal on a zone of resistance. AUD has been bullish for quite long now and the indicators start to show divergence. The reversal zone has been serving as Support or Resistance in July 2014, May 2015, end of January 2016. We might want to wait for an optimal entry point and then let the market decide how this will go - possibly with...
AUDNZD has formed an inverted head and shoulders, and has broken the resistance neckline in a strong bullish candle. The gap has been closed, and the first candle of this week is very bullish. It will not be a straight shot to the low teens for this pair, but it should get there by the end of the month.
AUDNZD has a major resistance at the 1.0750 area, and it has broken a support trendline after testing 1.0750. You can also say that a triple top has formed on the chart, with a slightly strange support (neckline), but nothing in the forex market is like they say it is in the textbooks.
Long AUDNZD as Wave 3 has started. Who wants to ride the wave and add positions on pull backs/
AUDNZD SELLING OPPORTUNITY ABCD PATTERN
AUDNZD double Bollinger Band bearish set-up. H4 supply zone entry.
AUDNZD Possible Long Term Direction Analysis
AUDNZD is started a new impulse wave 3. Target wave 3 will be complete at 1.0860 area
- AUDNZD Breakout on Descending TL. - Making HH,HL on lower timeframes. - Waiting for CTR to be broken to enter Long. - I do believe we can hit 1.06400
AudNzd Trend Break - Above 200 ema on daily chart ;)
AUDNZD 4h, probably down to 1.0250 soon, may first go up to retest resistance trendline. It could go up once again, but with the bearish momentum I think a short is more reasonable. Either way, we will know within a day's worth of 4h candles, either a bounce from the support or a support breakout.
AUDNZD POSSIBLE BULLISH PATTERN AFTER .618 TOUCHED STILL WAITING
AUDNZD has retested the 1.075 resistance zone. It has formed a Double Top just like the previous time. Price is now at the neckline of the double top. When markets open, price may gap up and then go down to fill the gap. A bearish movement down to the area of the first shoulder will then most likely occur. From there, it may complete the Head and Shoulders, but...