The price now is nearing the resistance. Based on Fibo, the best is near 1.05514. Risk and reward depend on your strategy. Good luck
Hello, This pair could go long so observe the price action.
Hello traders this is my 1:4 RR Trade if you like the idea please support me and follow me hope you having a great time :D
Price has crossed my KAMA baseline, but has yet to cross Kijen. It appears to still be held down by the resistance level but price seems to be forming a hammer candlestick on the daily. I expect price to move BULLISH with higher volume to the upside to break out of the structure. RVI values also seem to be making higher highs through the weeks demanding more...
---> THIS IS A NAKED TRADING - NO INDICATORS <--- High probability Sell trade idea, for the downtrending general movement. The stop loss cover the previous low and the take profit is at 1:2.5, which is an easy target but you can easily extend if it breaks the support. PROFIT MANAGEMENT/TRADING PLAN: At 1:1 - Take 50% Parochial Profits & move to Break Even At 1:2...
DEC 2ND Trade Idea Risk Management: 0.01 Lot Per $100 in your account MAXIMUM! Daily Stop Loss = Results today (+/-) no drawdown Big Stop Loss = Give trades space to move, protect account I am SELLING AUDNZD 113 PIPS ENTRY @ 1.04901 TAKE PROFIT = 1.03760 STOP LOSS = 1.05482 IF TWIN TRADING CUT LOT SIZE IN 1/2 MOVE SL TO BREAK EVEN AT 10-15 PIPS PROFIT
Hello traders , this is 1:5 RR trade If you like the idea please support me hope you having a great time :D
Possibility of an inverse head and shoulders pattern on the AUSTRALIAN DOLLAR / NEW ZEALAND DOLLAR. Waiting for the right shoulder and a breach of 1.0570 is a good opportunity to buy towards the target 1.0748
Sell AUDNZD 1.05401 (RR 2.96) SL 1.0580 (-40) TP 1.0519 (21) TP2 1.0492 (48) TP3 Open (116 max)
AUD_NZD went Up nicely from the support Just as I predicted in my analysis Now, the pair reached the broken support That turned into resistance I think the pair might still go a bit higher Because the resistance is a wide area But then I expect the pair to fall And retest new horizontal support Short! Like and subscribe to never miss a new idea!
Buy 5 lots now! It will spike up!
Perfect spot to buy now !! from support !! going higher 100 pips