AUDNZD What Next? SELL!
My dear followers,
I analysed this chart on AUDNZD and concluded the following:
The market is trading on 1.1048 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.1020
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUDNAD
AUDNZD: BullishHello Traders, here is the full analysis for this pair , I suggest you keep this pair on your watch-list and see if the rules of your strategy are satisfied.
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🔔How about a big profit in AUDJPY?Hi everyone
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A symmetrical descending triangle appears to have formed As shown in the figure, if the desired trend line is broken i think the downward trend is still going on and the number I predict for the end of the downfall should be 81.100 yen, so in low time frames we should think about selling. be sure to tell me your opinion.
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💡Don't miss the great Sell opportunity in NZDJPYHi dears
It seems that with the trend line broken, we should see the New Zealand dollar fall in the coming days. The area we are in is a very low risk area for sale. You can use the lower trigger time frame to enter.
Australian Dollar Analysis I put it in detail in my analysis. Take a look at it, it might be useful for you.
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AUDNZD Swing High| Double Top| Local Support| .50 Fibonacci Evening Traders,
Today’s Analysis – AUDNZD – testing a key swing level, respecting it will establish a double top, immediate target local support.
Points to consider,
- Impulse bull move
- Swing high liquidity zone
- Local support confluence (.50 Fibonacci)
- Oscillators above 50
- Volume below average
AUDNZD’s impulse move is stalling at a key liquidity swing high, bearish price action will increases the probability of a rejection.
The local support is the immediate target, this area is in technical confluence with the .50 Fibonacci, and price respecting this zone will solidify it.
Both oscillators are above 50; maintaining this will keep the bullish short term bias in the market. Price rejecting will divert both oscillators to neutral mid-point area.
The volume profile is currently below average, an influx is likely as price impulses, volume follow through is needed for continued momentum.
Overall, in my opinion, AUDNZD is a valid short at swing high with defined risk. Price action is to be used upon discretion/ management of the trade.
What are your thoughts?
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And remember,
“The expectation that you bring with you in trading is often the greatest obstacle you will encounter.”
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