Aud-nzd
AUDNZD Supply And Demand Analysis-Price reacting off of daily/4hr supply.
-Price broke 4hr upward trend line and removed pivot point demand
-1hr RBD (rally Base Drop) supply zone.
-Waiting for pullback into supply for short.
AUDNZD on a retracement move 🦐AUDNZD on the 4h chart is moving at the top of the trend in an ascending channel.
The price after the attempt to break the upper trendline melted below for a test of the lower support trendline over a daily static support area.
How can we approach this scenario?
We will wait for the break of the confluence zone and after that, we will check for the application of the Plancton Academy rules to set a nice short order for our usual risk-reward ratio.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUD/NZD ShortFeb 16
A perfect sell setup for the pair. as the Russia ,Ukrain uncentainty ways on hi beta currencies , we expect it to have a very negative impact on the AUD and thus pressure the pair. The market structure has a perfect WXY pattern that makes the pair very attractive for the coming even. good trade manangement required.
AUDNZD Sell signal and invalidationThis is an update to the latest long-term buy signal I gave on AUDNZD on November 01 2021, when the price was approaching the bottom of its multi-year Channel Down:
Now that the pair is approaching our target and the top (Lower Highs trend-line) of the Channel Down, it is time to turn bearish. The short-term target is the 0.382 Fibonacci retracement level at 1.05350. If on the other hand the price breaks above 1.08500, this trade is invalidated and instead the pair will most likely turn bullish towards the 1.10450 Resistance.
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AUDNZD on bullish momentum! | 8th Feb 2022Prices are on bullish momentum and abiding to our ascending trendline. We see the potential for a bounce from our buy entry at 1.06997 in line with 61.8 Fibonacci extension and 78.6% Fibonacci retracement towards our Take Profit at 1.07583 in line with 61.8% Fibonacci retracement. RSI is at levels where bounces previously occurs.
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AUDNZD bullish bounce | 7th Feb 2022 Price is reacting on the ascending channel, signifying an overall bulllish momentum. We can expect price to bounce at the pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 78.6% Fibonacci projection. Our bullish bounce is further supported by the stochastic indicator where the %K is at the support line.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
500 PIPS AUDNZD SHORT!AUDNZD SHORT
Why are we entering?
- Price is approaching a structure level & trendline
- Price is approaching our 0.618 fib level
What are we waiting for to happen?
- Rejection of structure level
- Trendline touch
- Rejection of our 0.618 fib level
Entry 1.081
SAFE Entry: Rejection of trendline, structure level, fib level
Risk Entry 1: Early break of RISK trendline
Once entered, where will our Stoploss be?
- Above the trendline & structure level (above 1.084) 30 pips
Where do we take profits?
- First TP - Previous structure level : 1.061 (200 pips)
- Final TP - Channel support / Previous low : 1.031 (500pips)
Check out my other ideas below!
AUDNZD on a bull flag? 🦐AUDNZD on the 4h chart is trading below a weekly resistance.
The price is consolidating in a bull flag and according to Plancton's strategy IF the market will break above and satisfy the academy condition we will set a nice long order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Anticipating AUDNZD Lower Range BreachThis trade is a bit anticipatory of price breaching to the downside for the week ahead. Over on the 1-hour time frame, the chart does look a bit more chaotic. However, it'll make more sense once you look at this price action in conjunction with the daily time frame.
A divergence signal appeared with AUDNZDH4 time frame.
Structure: Uptrend.
A divergence signal and a double top reversal pattern appeared.
Wait for the price to break the Key level at 1.058000 and appear a retest signal, then you can find selling opportunities.
The profit target is the 1.04800 price zone.
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Wish you all have a good trading day!
AUDNZD on a retracement move 🦐AUDNZD after the long bullish impulse reached the daily resistance.
The price is moving in an ascending channel in a choppy trading move.
According to Plancton's strategy IF the market will break below and the ACADEMY rules will be satisfied we will set a nice short order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
AUDNZD Short IdeaAUDNZD has been in an uptrend since hitting the support area of 1.306. Since then AUDNZD has been setting higher lows but it just reached the key level of 1.0695. This level has witnessed some sell-off prior to this uptrend and it appears the same is happening now. The price has been unable to surpass this recent high which is my short-term bias is Short. The target of this trade is 650 points near the confluence zone of 1.0502. The stop-loss area for this trade is located just above the recent high.
AUDNZD on a retracement move 🦐AUDNZD after the long bullish impulse reached the daily resistance.
The price is moving in an ascending channel in a choppy trading move.
According to Plancton's strategy IF the market will break below and the ACADEMY rules will be satisfied we will set a nice short order.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.