AUDNZD - Setting up for a move lowerPrice has recently made a lower high and has broken the ascending trendline on the 4hr.
Safe entry: On break of the zone marked and a retest with TP -27
Aud-nzd
AUDNZD ANALYSISAUDNZD broke major uptrendline
Below SMA 100
MACD shows bearish momentum
It's expected to target first HVN at level 1.0698
then finally target key level at 1.0647
AUDNZD: BUYPrice is currently at an all-time low area. We are expecting more Bulls than Bears on AUDNZD.
If you start on the Daily time frame, you will see a clear bottom, neckline, double bottom; a clear indication for a BUY.
We are looking for a higher high, and have labeled a next entry level for Bulls at 1.08087 .
AUD to AdvanceThis pair should provide further upside in my opinion.
1st target is 1.08
A break above this level with a retest and I will be looking for 1.1 on the next move.
Don't buy at market open, wait for a clear entry.
AUDNZD: is that the END of the TREND CORRECTION?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/NZD
⚪ Technical Analysis :
Since the 1st December 2020, the price has been moving with a strong bullish impulse, going up for about 420 pips, reaching the level at about 1.08500.
On that level, the price got a quick rejection, falling down breaking through the S/R zone at about 1.07000, and it is currently reaching the an interesting support zone at about 1.05700, that perfectly match with the 0.61% of Fibonacci retracement.
🔴 Conclusion :
This is absolutely a nice trend correction of its previous bullish impulse, and I'm confident to see the price bouncing on the support zone at 1.05700 before moving up again with a new bullish momevent.
I'll be waiting for the price to reach the support zone before planning my long position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUD NZD BUY (AUSTRALIAN DOLLAR - NEW ZEALAND DOLLAR)Hi there. Price is forming a reversal pattern to change its direction.
Watch strong price action at the current levels for buy.
AUDNZD on a channel break ?🦐AUDNZD after the bullish run is now breaking the ascending channel.
If the price will break below the support structure, according to Plancton' strategy we can 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 Uptrend Likely to ResumeSee Signposts for key price action details.
This pair has been trending higher until it recently corrected.
Price is stabilizing at the 1.068 level with very little indication that it's capable of breaking lower.
AUDNZD: A possible strong IMPULSE!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/NZD
⚪ Technical Analysis :
Since the beginning of December 2020, the price has been following a clear uptrend, after it got a strong impulse on the level at about 1.04200, that moved the price up in an ascending channel.
Once the price reached the level at about 1.08500, it got a rejection, falling down until the level 1.06830.
This level is an interesting support zone and it also matches with the dynamic trendline of its channel.
🔴 Conclusion :
I think that the level 1.6870 is really an interesting area, the price previously got a consolidation over there and it's now re-testing the same level.
I'm confident to see a new positive impulse and once I will eventually confirm it, I'll plan my long position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDNZDthis pair can give hundreds of pips to the forex traders in this position there is a powerful resistance which is also a retracement of fib too and can hold the chart and push it down up to 300-400 pips
its checked on 1hr - 2hr - 4hr with advanced price action just be aware you can enter after the pullback to the resistance completed not right now there would be less profitable
AUD/NZD - LongPossible long oppotunity on AUD/NZD.
Price has broken out of its ascending channel has returned to an area of support at the 1.0720 level.
If we see strong bullish rejection at the 1.0720 level I believe we could see bullish momentum to re-test the support of the ascending channel at the 0.0820 level, where I would take profits.
💡Don't miss the great sell opportunity in AUDNZDTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0810).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 1.0760
TP2= @ 1.0720
TP3= @ 1.0680
TP4= @ 1.0630
TP5= @ 1.0565
SL: Break Above R2
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Now, It's your turn !
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ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in AUDNZDTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0810).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 1.0760
TP2= @ 1.0720
TP3= @ 1.0680
TP4= @ 1.0630
TP5= @ 1.0565
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
ridethepig | AUDNZD Market Commentary 20.01.2021📌 ridethepig | AUDNZD Market Commentary 20.01.2021
This chart illustrates the remaining crumbs in AUDNZD which is worth further study. The position from the previous diagrams continues and we are set for taking the next main target at 1.089x/1.090x.
Now, buyers have overcome their difficulties in development, the base is optimally protected from AUD inflows via the commodity side. Happy to continue holding AUD against the bird, and is a nice way to express a dovish view on NZD.
Thanks as usual for keeping the feedback coming 👍 or 👎
AUDNZD - Last trade idea for this yr! 🎁Yes, this is my last trade idea for this yr...!
AUDNZD, Hit my target perfectly this week - 200 EMA. Great way to end this week!
It's getting to end of the yr now, keep that in mind whilst trading.
Technical view, daily time-frame:
Broke out of smaller inner channel hit the 161.8 Fib Area, as well as inverse H&S Reached target so we could fade, now we could go towards the support area of: 1.07419 Or we could go to the next Fib retracement area of 2.618 areas : 1.07610 - 1.07800.
Now how do you approach this trade you might be thinking: You can add an alert or limit orders on how you approach this trade, really does depend on your trade plan - Go to a lower time-frame for greater R/R.
Guys keep an eye on GBPUSD and check my latest post on that - If I find anything interesting on that I will be posting it privately on the various groups I am part of.
It's has been an unusual great year for me - I know it hasn't been easy for many people out there - but don't give up especially don't give up on becoming a great trader - it's the best career to ever have! I will be back the first week of next yr with plenty of great high conviction trading set ups! And if you guys have any requests - Private message me, I have really enjoyed the great comments and private messages I have received I am very grateful- thank you!
🎄 Happy Holidays & Have a great yr ahead- Ready to conquer 2021 with great trades! 🎁
All the best,
Trade Journal
AUDNZD ShortHey Traders,
Shorting AUDNZD. There are a number of technical reasons, combined with the fundamental factor of new COVID-19 cases being found around Australia bringing a possible second lockdown and state border closures. The northern beaches of Sydney have already entered a lockdown.
AUDNZD will move higher? 🦐AUDNZD is moving within a range between 2 structures.
The price formed a slightly declining channel.
According to Plancton's strategy if the conditions will be satisfied 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
AUDNZD back on track 🦐AUDNZD after the triple top at 1.07100 broke the ascending channel and retraced until the 0.382 fib level.
The price from there starts a new impulse and went back at the resistance area.
If the market will break above, according to Plancton's strategy we can consider 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.
Leave a comment that is helpful or encouraging. Let's master the markets together
AUD NZD Long Trade PlanAUD NZD bounced off 4 hour zone area
Now we rise after retrace 4 hour elliot wave
