AUDNZD Stable Uptrend Trend Continuation Trade
1. Weekly Uptrend
2. Strong bullish momentum candles
3. No important news in upcoming days
4. Price above 200 MA
5. Price above 2 MA's
6. Structure HH-HL-HH-HL
7. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit.
8. R:R min. 1,5:1, max. 6,4:1
9. Exit on structure break/strong reverse momentum...
H4 Bias Bullish
H1 Bias Bullish
Price retrace back to H4 broken resistance level. at the level, price was rejected.
a new high was formed with a 4 strong bullish candle closing above a M15 resistance level.
Price also broke the bearish channel trendline.
Set long trade targeting swing high.
Ozzie CPi up same as previous post
Return to Previous Level Pattern
Only 11 pips in it but even that's hard enough to extract
I thought this was an easy game : )
Traders are Short 97%
Coming into area of Low Volume so should slice through
Lets See
Price Flow Strategy
FLOW (Monthly/Weekly/Daily): Flat
flow(4hr/1hr): up
i-Flow: The intention is balance the sell in my opinion
entry(15min/5min): Always Set Stop Loss
Disclaimer: Follow your plan and risk management. this might or might not work
Tip: Be patient and le the trade show before you act.
✅AUD_NZD is trading in a
Strong uptrend and the
Pair has crosses a key
Horizontal level of 1.0942
And went further up
Which reinforces our
Bullish bias and makes us
Expect a further move up
LONG🚀
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AUDNZD is marginally bullish on its 1D technical outlook (RSI = 58.715, MACD = 0.003, ADX = 36.182) as it started pulling back after the price got rejected at the top of the June-initiated Channel Down. All same RSI based pullbacks hit at least the 0.618 Fibonacci level and declined by at least -2.62%. Under those conditions, we are short on AUDNZD, targeting the...
BUY AUDNZD for uptrend continuation
STOP LOSS : 1.0865
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDNZD is moving within the descending channel between the trend lines.
The chart instantly bounced lower after reaching the dynamic resistance level.
The price formed a bearish takeover.
We think that the price will correct from the resistance before continuing the momentum.
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Share your opinion in the comments and support the idea with a...
ICT PURGE AND REVERT STRATRGY ON AUDNZD, its a strategy that i have used personally for the past two years taught on youtube by ict micheal huddleson himself. if you would like more plese let me know
Hey everyone!
We have a new trade for the challenge!:D
In today's trading session, I noticed that AUDNZD is showing strong signs of a reversal, specially considering that we just rejected a few days ago a quite old resistance that comes way back from October 2023. After which the market is making a retracement that sent the Stochastic in H4to the overbought...
I have noticed Bearish divergence on daily RSI when price is making higher highs RSI making lower lows. It is looking solid supply zone on weekly and daily time frame, i believe price must retest the previous high Mountain for the break the supply zone and we are targeting that.
thank you for reading.
Lately on AUDNZD we have been witnessing a bullish movement which was a scheme to take out the previous yearly high, and we have reversed back into the range and we are hoping for a bearish movent
AUDNZD Stable Uptrend Trend Continuation Trade
1. Weekly Uptrend
2. Strong bullish momentum candles
3. Important news coming on Thursday (Balance of Trade for AUD)
4. Price above 200 MA
5. Price above 2 MA's
6. Structure HH-HL-HH-HL
7. 2% Risk - 4 x 0,5% with different stop loss placements, same take profit.
8. R:R min. 2,55:1, max. 10,4:1
9. Exit on structure...
FX:AUDNZD
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