Aud-nzd
What a nice pair to trade! AUDNZD non-failure swing on its way?A chart tells thousand words. The pair completed a pullback to the longer-term trendline and formed a fresh lower low on the daily chart. Some traders may find this enough to enter with a short position, but I like to have some additional confirmation. A lower low doesn't necessarily mean a lower high, since the price can still go to the upside and create a higher high instead. That's why I would like for a non-failure swing, which would be a new lower high as shown on the chart. A short trigger would be the break below the recent lower low (shown on chart). Notice that a fresh lower high would imply a head and shoulders pattern.
AUDNZD BEARISH CONTINUATION SETUP - Wave 5.Hi Traders,
The AUDNZD has broken out of the bullish ABC zigzag corrective chart pattern within a larger downtrend.
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The pullback which retested the broken descending trend line, 38.2 Fib and resistance level is most likely part of Minor Wave 4 "blue," which could indicate a continuation of the downtrend.
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The first target is support level @ 1.0378 and main target is Fibonacci Extension 0.618 @ 1.0244.
Best Trading,
Veejahbee.
FOREX: AUDNZD - SWING - 22. JAN. 2018WELCOME TO DACAPITAL-TRADING!
CHFJPY FOREX BREAKDOWN 22 JANUARY 2018
1 HOUR
Bearish reaction to 1.06670 into our buy zone
4 HOUR
Overall bullish waving market with several pullbacks, similar now!
DAILY
Bearish market with a pullback to the upside now...
LEVELS
BUY AUDNZD
ENTRY @ 1.05870
SL @ 1.05460 (40 Pips)
TP @ 1.06370 (50 Pips)
RR: 1.20, normal swing trade!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
AUDNZD +140 potential shortThe Monthly and Daily time frames are Bearish.
This pair has trading in a tight range since January 17
Would like to see the Kejun Sen flatten or better yet
step down and that will happen if the pair respects the
Resistance level.
The Optimal time to start look for this trade to trigger
would be after 1am as the Cloud will have thinned out
making it easier to break through.
Entry = 1.0645
Stop =1.0665
1st PT = 1.0505
2nd PT = 1.0356
Risk = 20 pips
Reward 1st PT = 140 pips
Reward 2nd PT = 289 pips
RRR 1st PT = 7-1
RRR 2nd PT = 14.4 - 1
AUDNZD Approaching Support, Protential BounceAUDNZD is approaching its support at 1.0602 (100% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal overlap support) where it could potentially bounce to its resistance at 15.34 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, Horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.
EURCAD Bounced Off Support, Potential For A Further RiseEURCAD bounced off support at 1.5095 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing low support) where it could potentially rise further to its resistance at 1.5304 (38.2% Fibonacci retracement , horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 1.8% where a further rise could occur.
EURCAD Testing Support, Potential BounceEURCAD is testing its support at 1.5094 (61.8% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.5225 (23.6% Fibonacci retracement , horizontal swing high resistance).
Stochastic (21, 5, 3) is approaching its support at 5.3% where a corresponding bounce could occur.
XAUUSD Approaching Resistance, Potential ReversalXAUUSD is approaching its resistance at 1312.17 (61.8% Fibonacci extension , 76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse down to its support at 1282.40 (23.6% Fibonacci retracement , horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
AUDUSD Approaching Resistance, Potential ReversalAUDUSD is approaching its resistance at 0.7242 (76.4% Fibonacci retracement , horizontal swing high resistance) where it could potentially reverse to its support at 0.7147 (23.6% Fibonacci retracement , horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 98% where a reversal could occur.
CADJPY Testing Resistance, Potential ReversalCADJPY is testing its resistance at 82.26 (61.8% Fibonacci extension , 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse down to its support at 79.89 (61.8% Fibonacci extension , 50% Fibonacci retracement).
Stochastic (89, 5, 3) is testing its resistance at 99% where a potential reversal could occur.
EURAUD Approaching Resistance, Potential ReversalEURAUD is approaching its resistance at 1.5981 (100% Fibonacci extension, 23.6% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 1.5877 (61.8% Fibonacci retracement, horizontal overlap support).
EURAUD Bounced Off Support, Potential For A Further RiseEURAUD bounced off its support at 1.5789 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially rise further to its resistance at 1.5967 (23.6% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) bounced off its support at 1.1% where a further rise could occur.
AUDNZD approaching resistance, potential drop!AUDNZD is approaching our first resistance at 1.0678 (horizontal overlap resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 1.0538 (horizontal overlap support).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPNZD - 2000 pip trade Holy 2,000+ pip trade batman
The GBPNZD pair has a massive upswing potential, with little risk. And I’m just talking about a move to the center of the linear regression channel.
1. The weekly chart shows two hammer candles – with the current week showing strong buying from the lows. Massive buying actually – firm rejection lower so far.
2. The Chikou Span/Lagging Span is right near the bottom of the cloud – the probabilities of the Chikou Span just crossing below the bottom of the cloud on a weekly chart is very little, especially given that we’ve had 10 weeks down without any meaningful retracement.
3. YUGE bullish divergence that goes from July of 2017 to the present weekly low. It’s ridiculous.
This could be one of the biggest trades I’ve ever made – and the realistic target is 2,000 pips above and the risk is only 275 – I’ll take those odds. And it's very probable we trade higher than the center of the regression channel.
GBPAUD Testing Support, Potential BounceGBPAUD is testing its support at 1.7722 (50% Fibonacci retracement , horizontal overlap support) where it could potentially bounce to its resistance at 1.8360 (23.6% Fibonacci retracement , horizontal swing high resistance).
Stochastic (21, 5, 3) is testing its support at 0.9% where a corresponding bounce could occur.
