I am going to buy now and I have following signals.
1. Parallel channel buy signal: Could be valid, but consider channel strength, market trend, and confirmation signals.
2. Positive sentiment: Encouraging, but check data source, sentiment strength, and other factors.
Remember: Do your research, diversify, and consult a financial advisor before investing.
Good...
Lower vortex broken in the weekly timeframe and now testing the broken support. This is going down. SL triggers if a weekly candle closes within the triangle, a big fat green one. Otherwise I hold.
1988,1995&2004 bottomed support had been broken plenty of times since 2015 & 2020 double multiple dip the same area since then and bottomed confirmed from the same zone we were at right now.
Will AUDNZD start the bullrun this year since over 30 years ago? If the bands keep pressure the buys then mostly like will skyrocket to break above 1.7320 area to stay...
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with bullish divergence the pair has broken the downward trend and is now entering in bullish phase by making a bullish flag pattern which is a good sign for its upward trend
The distortion From price A to the valley connecting B the rsi valley connected B’ from A’ on the rsi channel support that broken the support or the macro range historical support and SC from into an elongated XY test , pushing the rsi into the range of C’ at the diagonal support of the price’s triangle..
AUDNZD is making lower lows, indicating a bearish trend.
It is currently near the resistance, 50% fibo, and psychological level at 1.07000.
The market created a kill zone: the major trend is bearish, resistance level, fibo.
We expect a trend continuation trade potentially retesting the support level.
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Share your opinion in the comments and...
AUDNZD chart currently shows the formation of AB=CD patterns , indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bullish divergence, confirming a bullish trend. Both indicators collectively suggest that the trend has shifted to an uptrend.
In technical analysis, an AB=CD pattern is a harmonic pattern used to identify potential reversal...
📈 Overview:
AUDNZD, previously bearish, now displays bullish divergence with the formation of the first higher low and higher high on the 1-hour timeframe. Market sentiment at 94% long adds strength to the reversal signal.
📊 Technical Analysis:
Bullish divergence, coupled with higher lows and higher highs, indicates a potential trend reversal.
📉 Market...
Will analyse markets and possible entries every day for 10 days. Send your pairs or questions
☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the way to...
Hello,Traders!
AUD-NZD broke the long
Term rising support line
Then went down and is
Now going up to retest
The broken support
From where I will be
Expecting a further
Move down
Sell!
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