AUDNZD - 1H - Rising Wedge - Short PositionIn this chart we have observe it is an Uptrend with HH & HL. then we spotted a Bearish Divergence in the RSI. with that we see the price is start shrinking creating a Rising wedge. which lead us to take a short entryShortby shahrukhshafiq224
AUDNZD Bottom and China's Relief RallyThesis: Speculators were overly positive regarding NZD's prospects for raising rates. In the end, the RBNZ maintained rates and were dovish. On top of this, China stock market is at peak pessimism with a relief rally currently in play. This should affect both AUD and NZD currencies, but especially, AUD; hence, I am holding out that AUD will strengthen against NZD in the medium-term for about two quarters. Technicals: There is no definite trend; however, there is definite support. Monthly: Monthly Support Monthly cloud support Note: Monthly chart has been flat since 2015. The price broke above the cloud in 2022 and has retraced to historical support and cloud support Feb 2024. This presents a potential good buying opportunity. Monthly chart: Weekly: Weekly engulfing at monthly average range support and weekly average range support w/ d3v: Daily: Some signs of life with short-term and Longer-term Daily uRd Close above the kijun with a DQ Daily chart: Other Factors: China at peak pessimism with a relief rally in play: Comment: I have decided to get in early at the potential bottom since it is at strong monthly support. There is no trend and there hasn't been a trend since 2015; and, I highly I doubt that this will be the start of one. I anticipate that this will be just a local bottom that may last a quarter.Longby RocketmanUpdated 222
Double Top AUDNZDDouble Top on the hourly chart. Investors can short trade after the break or place small trades, as double tops may have limited profit potential. How to identify a double top: Look for an Upswing: The price movement should be clearly in an uptrend prior to the creation of a double top. This indicates that the price has been making continuously higher highs and higher lows. Find the Initial Peak: Determine the uptrend's first peak. The price has now risen to its maximum level before beginning to fall. Find the Trough: Following the initial peak, the price will briefly fall. Find the valley or trough that develops following the initial peak. Find the Second Peak: The price will then rise once more in an effort to hit a new high. But this second rally will fall short of the first peak's height and begin to collapse once more. Verify the Pattern: To verify a double top pattern, make sure the decline that follows the second peak is lower than the trough that follows the first peak. This demonstrates that the previous resistance level was not successfully overcome by the price. Draw the Neckline. Connect the low points of the two troughs with a horizontal line. This is the neckline, which denotes a level of support. It serves as an essential pattern reference. Verify Double Top Pattern: To verify the double-top pattern, watch for a price break below the neckline. Breaking below the neckline might be interpreted as a sell signal because it portends a potential trend reversal. All points relevant hereShortby CryptoCurse3
AUDNZD BullishAUDNZD is making series of higher highs and higher lows, DOW theory, and through the bullish counterattack pattern we can assume that it made its new higher low and going to make a new higher high. Longby Saad_Amjid1
AUDNZD Bearish Robbery Short PlanHola LOOTERS, This is our master plan to Heist Bearish side of AUD/NZD Market. Guys U can enter at any points, Our target is Green Zone that is Explosive Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place.Shortby Thief_TraderUpdated 3
AUDNZDThe price seems making Higher Lows but RSI indicator shows indication of Bullish Divergence. Shall the price travel above $1.0600? Longby ERUDITE_88Updated 3
AUDNZD Will Move Higher! Long! Take a look at our analysis for AUDNZD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.087. The above observations make me that the market will inevitably achieve 1.092 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProviderUpdated 111
AUDNZDIf the Shark Harmonic Pattern wants to act normal, the price should be reach to TP Shark as DeepCrab did few days ago.Shortby Daragolbon2
AUDNZD:🔴Is it Bearish...?!🔴 Well, as you can see, the price took the liquidity and hit the important higher time frame resistant, so we expect a bearish move. Also, we can see the price generated a lot of sell-side liquidity that can be defined as targets. Now, the price has created a bearish FVG, we can enter a sell position in this zone, but as always we need LTF confirmation. 💡Wait for the update! 🗓️28/03/2024 🔎 DYOR 💌It is my honor to share your comments with me💌Shortby VahidTradingCR337
AUDNZD: Bullish TrendAUDNZD is in bullish trend, continuously printing HH's and HL's. Currently the formation of hammer on hourly time frame is anticipating the continuation of bull trend. Longby matifakbar0
AUDNZD Technical Analysis and Trade IdeaThe AUDNZD demonstrates persistent bullish momentum with a robust upward trend visible on the daily timeframe. Consider a long entry upon a Fibonacci retracement, aiming for previous swing highs. Disclaimer: This analysis is for educational purposes and should not be considered financial advice.Long01:14by tradingwithanthonyUpdated 5
AUDNZD-4H-POTENTIAL REVERSALI am re-entring again in this trade, technical and fundamentals are also supporting this setup cot index of AXY Index is at the top and ZXY comes from the top so AXY is neutral and ZXY is reversing with commercial flip data technical pointer and bias is also bullish I am re-entering this trade with a doubling my riskShortby AamirZahirali6
AUDNZD SELLCould this be a possible selling opportunity for AUDNZD? Based on what price action is showing, there seems to be a reversal chart pattern on the 4HR. The market needs to retrace after the previous weeks bull run. Let's see how this will play outShortby WiLLProsperForex4
AUDNZD - Trading session no.211.00 am end of my session (around 30mins) -missed one trade -took one bad trade -took one good -there couldve been another trade that I didnt take (felt smth was off) today was break even, couldve been a +2 pip day by GRBmlr2
AUDNZD, Major impluse. AUDNZD / 1D Hello Traders, welcome back to another market breakdown. AUDNZD has been trading in a trading range on a higher time frame. The price seems to be forming a trading range. I'm expecting a second leg up after the pull-back phase. Trade safely, Trader Leo.Longby Leo-btm334
AUDNZD LONG PROJECTIONS....We have a break of structure (resistance) to the upside and a pull back to fib levels with the formation of a bullish pinbar indicating the presence of buyers pushing the market upward. Risk for this @ 0.5% of my capital. #AUDNZDby oghenechovweojoh0
AUD/NZD next wave down(~500 pip)(3/26/2024)Hello Traders it looks like AUD/NZD is starting a new wave dive down into 1.035. The first correction wave A has been established then the price has made a horizontal triangle as wave B, by breaking down the horizontal triangle AUD/NZD has made a new wave down as C. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)Shortby fortunamarkets11
AUD NZD Long Idea Long structure 2x marked support where I will monitor the price action reaction Trend Line upLongby teriforexpremium0
AUDNZD WILL FALL SELLManage SL during news time, intraday trade tp and sl mentioned not a financial adviceShortby ArehmanB6
AUDNZD - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern. Strong bullish momentum. Until the strong support zone holds I expect the price to move higher further after pullbacks.Longby VladimirRibakov2
AUD-NZD Bullish Bias! Buy! Hello,Traders! AUD-NZD is trading in an Uptrend and the pair broke the Key horizontal level of 1.0882 And went further up so we Will be expecting a bullish continuation Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals337
AUDNZD-1H-BEARISH REVERSALAUDNZD Seems bullish and the trend is now getting a little size ways if it breaks lower high it could change its trend and the potential reversal could happen nextShortby AamirZahiraliUpdated 4412
OPPORTUNITY FOR BUY AUDNZDWe have these indicators for BUY opportunity: - Reflection from Upper Trend Line - Support from Strong zone (3 x low: Year + 6M + 1M) - Low volume to continue the current direction - Return to Down Trend Line We define 3 goals: TP 1 = 40 pips TP 2 = 100 pips TP 3 = 200 pips SL = -200 pips Longby FXstrongUpdated 446