Aud-nzd
AUDNZD LONG POSITION 2:1AUDNZD Recently broke out of a channel that was moving for a very very long period. Now that it broke, price is coming towards a long term support zone in which it is being rejected so we are granted with a 2:1 RR position.
I personally still think there could be some more downward pressure so remember, react and not predict.
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Nube#27AUDNZD sell@1.03826
SL@1.03962
TP@1.0321
Looking forward to some bearish movement on Aussie-Kiwi for the rest of the month.
Q3-2019 has established a pretty significant downtrend on this pair, which does not show signs of weakening.
Taking advantage of the ~1% bullish impulse of the last weeks, we have some space to look forward to cover by selling, until retest of the lows, hoping that the overall bearish trend resumes.
If the trade is activated, it should start to be managed from the 0.618 blue level, maybe protecting the trade from losses.
0.786 purple line could be a nice place to look for partial or total close.
AUDNZD buy signal op [130pips]Long time AUD is be weak ws NZD, now i expecting AUD to break trend line and new medium trend for this pair.
ENTRY: 1.04050
TP: 1.04400
TP2: 1.04800
TP3: 1.05300
SL: 1.03900
Chart time frame - 1D
Time for reaching TP - 1-5D
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AUDNZD - Divergence while hitting the top of a channelHey everyone, as we can see we are at the top of the channel that we have and we are expecting the drop to the bottom of the channel on the daily time frame. We have a clear divergence leading to the downside as clear indicator that we should be correct. Good luck to everyone and follow me for more ideas like this!
ridethepig | AUDNZD Finding A Floor?Here AUDNZD would be worth thinking about increasing long exposure in order to follow up the coming RBNZ intervention / AUD outperformance leg. However, this plan to attack the highs is currently impossible, because AUD markets are still pricing a move from RBA in Feb. The correct manoeuvre, despite all counters will come from the AUD side:
NZD is well blockaded in the 2020 map:
AUD on the other hand has catching up to do:
I often consider the lows as the stem game for my new philosophy in the swing. As can be viewed here, bears are constantly trying to force its opponent to surrender the lows. This sort of tendency, which toys with the idea of what is happening is cooking what I call a surprise strategy. The move will come from AUD data overshooting and taking RBA off Feb off the table, this will close the cycle in monetary policy and mark the official transition into the next chapter of economics.
We are trading the second leg in the swing:
GL all those in AUDNZD, thanks as usual for keeping the likes and comments rolling in. Feel free to post your charts and ideas in the comments.
AUDNZD bullish 150pips We have a nice setup going long here if we see a good candle closure above the trend line formed by the two previous spikes! i would like to see the daily candle closing above 1.0320! On the other hand, if price breaks below the trend line, we could see a nice rally all the way to 1.0200 ! That would be very interesting aswell! Now we wait!
What you thik?? Let me know in the comments!!
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Prepare your longs for AUD/NZD by ThinkingAntsOk4H CHART EXPLANATION:
As explained below on the Daily Chart, there is a strong upside potential here. However, in the 4H chart, we can observe that there is a Descending Trendline. To get a better scenario, we will wait for a breakot of this trendline to take short positions on this pair.
DAILY CHART ANALYSIS:
AUD/NZD starting to move up Price is staying on the range we marked up yesterday, creating some bullish divergence
We have to see how the price reacts if gets out of the range and get to touch the 200 Ema
If that happens there are two possible scenarios, one where we get to break the 200 Ema and then stop on the 800 Ema
And another one is that we cannot break the 200 Ema and come back inside the range we marked up on the chart
TDI is getting in position to go long
Now set your alarms and wait to see what happens
Do not try to predict
Trade what you see not what you want to see