The AUDNZD time cycles have been quite accurate, if the current cycles and movement continues, we should be in for an excellent buy opportunity starting from Monday next week around the 1.055 area.
Expecting AUD weakness to carry the AUDNZD further down. What prize action around this area of support. The price could drive down, most often will break through, support turns to resistance and then the price cary down to the target.
A rough idea on how I expect AUDNZD to move. look for setups and follow the waves..
Price is clearly in an upmove in the recent weeks after finding good suuprt at the lower parallel of the median line and what we may see at the moment is that it broke above the skiding parallel acting as resistance. Moving to the lower timeframes we see that price is in a coorection forming a bullish flag. Buying the breakout and aiming for the median line is how...
Working with fibonacci levels Touched 78.6 level. Need go up
Potential Bullish BAT pattern on AUDNZD
We will wait for the break to establish which direction AUDNZD is going, we will keep up to date with any developments.
AUDNZD had a triple bottom. Buy the pullback now.
1W 4H Bullish candle off strong resistance zone. HOWEVER, there is a high probably that AUDNZD will retest that zone. This is a more aggressive entry point. Because of that, I plan on scaling in. I have a very small long position open and a larger limited order (but still only a partial position) placed at 1.0642. I'll pick my moments until i am fully...
Quarterly plans and S/R for AUDNZD based on Count Wave & Fibos
Last week my AUDNZD didn't work well but i still expect a big upmove in the upcoming weeks.. Price is moving into a wedge pattern while MACD bullish divergence shows this downmove is about to end. So we should wait for price to break above this pattern, and go long when a buy setup completes..
Original long entry plan never developed. AUDNZD pulled back to support and this set up has nice risk/reward. It's just a quicker trade than original plan and i'm using the 1H chart versus 1D.
Good day traders, AUDNZD is not able to resume bullish trend so bias is bearish. I´m entering short with a first target of 1.05 to move stop to B/E I´m considering to share my Tradingview trading journal but it seems not working properly yet in updating balance / equity. Would you be interested ? You can subscribe to my mailing list for FX Alerts :...
This one might play out nicely, even if it's only for a minor retrace. The box and diagonals were cloned from the data in my original AUDNZD posts. See the referenced posts for the original.
AUDNZD - LONG - DAILY Possible Long setup using Ichimoku daily cloud break and a trendline break as confirmations. Also a RSI TL break. Price is above Weekly and daily cloud. SL is under the cloud. ( RED Trend lines are not confirmed) Took half a position of my trade now, will take the other half after today's daily candle closes above the blue trendline,...
AUDNZD is breaking down an ascending triangle. I favour the continuation of the correction , with a SL above 1.1250 on a daily close. Target the next support line @ 1.1115 You can subscribe to my mailing list : eepurl.com