When we look at the chart we can see that the price is closing into a resistance zone. What I want to do now is trade here and go short for a small trade. Looking to only risk about 0.5% as this is a great risk reward trade but we can also see that in the past the price did already break this zone and went up. If that does happen now than we can just wait and see...
1.087 would be my target level. 1.11 stop out level
This chart shows a bearish trend as it make a Rising Edge as it has Divergence . Entry Point(sell stop):1.09750 Stop Loss:1.10275 Lot Size:1.47 Lots TP1:1.0922 TP2:1.0870
I am going bullish for AUD/NZD, Price has sweep my liquidity zone
Good Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up. Long now for a good 1 to 2 RR. May -1 so far JAN (6R) FEB (1R) March (-7) April(-1)
✅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🚀 ✅Like and subscribe to never miss a new idea!✅
Hello friends In the AUD NZD currency pair, we are witnessing the formation of a complete Elliott pattern, with all the waves completed in fine detail. Due to the breakdown of the downtrend line, we are waiting for a pullback to it and a price drop. You can enter a sell position within these limits. The first target is 1.0864 and the second target is 10.833. To...
🕵️♂️ Let's dive into this forex currency pair, which is the exchange rate between the Australian Dollar and the New Zealand Dollar, and examine the latest entry points. ⏰ In the weekly timeframe, the exchange rate of these two currencies is currently in a range, experiencing fluctuations and reacting to the resistance and ceiling of the box, which is at point...
AUDNZD is making higher highs and higher lows. it is in bullish trend. now it is making rising wedge pattern and creating divergence
Hello traders, I just want to draw your attention to this pair. I do want to see a drop in price to the FVG after price runs the CRT or swing high. Keep this pair on your radar. Cheers, Jabari
Potential selling opportunity for AUDNZD. The market is currently showing some sort of resistance at current zone. We could possibly see see sellers coming in based on what price action is telling. Feel free to share your views
Hello,Traders! AUD-NZD broke the rising Support line then went down And is now making a bullish Correction but we are Bearish biased so we Will be expecting A local move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
AUDNZD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry - 1.1015 Stop - 1.1049 Take - 1.0959 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Technical Confluences for Trade: - Stochastics are in Overbought Conditions on H1 & H4 time-frame - Price action is close to a Supply Zone (Blue Area) & has Resistance Trendlines around - Aiming for the 38.2% Fibo retracement to TP Fundamental Confluences for Trade: - Nothing much can dictate the movement of this FX pair as they are heavily trade-related. Any...
AUDNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
AUDNZD bearish idea, right now price in a bullish trend as it's printing higher highs and higher lows, there is RSI divergence so possibly there is a chance of pullback, our entry plan at the break of last higher low, stop loss and target price mentioned on chart.
Possible buy on AUD/NZD, Today's BIAS FOR AUD/NZD is a buy for me, going long because of the extended liquidity sweep.
We may see a bearish pattern forming on the AUD/NZD pair Strong resistance areas appear on the daily frame Therefore, we start looking for operations to sell at these levels