AudNzd for 60-150pips longMarket has reached a demand zone on the higher timeframe and waiting for the market to print bullish price action in order to confirm inverted head and shoulder pattern to long AudNzd. Seeking 60pips at minimum to give a decent risk to reward but really wanting to get that reversal push for 150pips!! LOL Wait for confirmation and enjoy the pips if we get bullish price action to validate setup.
AUDNZD
AUD/NZD Will Explode! BUY!
My dear followers ,
AUD/NZD looks like it will make a good move, and here are the details:
The instrument tests an important psychological level 1.064252
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.070752
My Stop Loss - 1.060848
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
AUDNZD Will Go Higher From Support! Long!
Please, check our technical outlook for AUDNZD.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 1.064.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.067 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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AUDNZD: Bullish Continuation is Highly Probable! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the AUDNZD pair which is likely to be pushed up by the bulls so we will buy!
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AUDNZD | Bearish Divergence AUDNZD being in an uptrend means that the value of the Australian dollar relative to the New Zealand dollar is currently on the rise. Additionally, there is a notable development occurring in the form of hidden divergence on the Relative Strength Index (RSI). Hidden divergence refers to a situation where the price of an asset and the RSI indicator move in opposite directions.
In this case, the formation of hidden divergence on the RSI suggests a potential reversal in the current trend. This means that despite the ongoing uptrend, there are indications that the market sentiment might shift in the opposite direction. Traders and analysts often pay attention to hidden divergence as it can provide insight into a potential change in the market dynamics.
AUDNZD is currently experiencing an uptrend, the presence of hidden divergence on the RSI indicates the possibility of a reversal in the trend.
EURNZD I Potential move downwardWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDNZD for a possible massive dropAs we can clearly see, price is in a bearish phase. It first gave us a reaction of a higher timeframe demand which eventually failed. Price then retraced back up, forming liquidity just below our 1h POI that was left behind when price rallied. This has now provided us an opportunity to catch the rest of the move to the downside through a flip entry that has been established.
AUD/NZD Possible Short term Upward MoveHello Traders
NZD dropped hard in the last days of last week.
Overall view of AUD/NZD is still bearish but last week's candle changed the situation at least for the short term.
We expect AUD will catch this opportunity and relive some of its losses VS NZD (a short correction), otherwise, the price will continue moving downward.
Also, some indicators(stochastic) are showing possible correction.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUDNZD, is now ready a hefty ASCEND...AUDNZD, just hit the 78.6 FIB level -- a major order block support.
Buyers have started positioning based on daily data. Net buying / accumulation has started pouring at the current price level of 1.0600.
Expect some significant ascend from here on -- a possible retest of 1.09 / 1.10++ is foreseeable.
TAYOR.
safeguard capital always.
AUD-NZD Will Go Up! Buy!
Hello,Traders!
AUD-NZD keeps falling down
But a strong horizontal
Support of 1.0599 is
Nearby and the pair
Is locally oversold so
I think that after the retest
We will see a nice
Bullish correction
Buy!
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