AUDNZD
AUDNZD, Breakout from the rangeAUDNZD / 1D
Hello traders, welcome back to another market breakdown.
AUDNZD has broken down from the trading range where traders look to buy low and sell high, but once the range is broken, there is a high probability the current direction will have a follow through.
Good place to long again is around S/R level after getting confirmation on lower time frame.
Trade safely,
Trader Leo.
AUDNZD LongList of confluences:
1: Trendline breakout
2: Falling wedge breakout
3: Potential breakout of key level and change from bearish to bullish.
We look at the higher time and can see that the pair remains bullish.
This is the reason we are looking for only buying opportunities so that
we trade with the trend and not against it.
AUD/NZD March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: We are preparing for a trend continuation after a restest in the suport zone that we are in and then a bullish term to the next resistance level, for entrys we gonna wait a strong candle, a pattern cadle or something like that.
AUDNZD Trading Plan - 3/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect AUDNZD to go Up after finishing this correction .
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
20 Reasons for Buy AUDNZD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1.✨Eagle Eye: From 2013 to 2023, this market has been in a range-bound state with no clear direction. However, a closer look at the last four candles reveals a pattern of higher highs and higher low, indicating the presence of bullish corrective strength in the market.
2.📆Monthly: A bullish change of character has occurred, and this marks the fourth low in the current range. Based on historical data, there is a 68% chance that the market will move up.
3.📅Weekly: The picture in this time frame is much clearer now that the monthly time frame has been analyzed.
4.🕛Daily: After a deep inducement and a range-bound period, buyers have entered the market.
😇7 Dimension Analysis
🟢 Analysis Time Frame: D1
1 Price Structure: Bullish reversal after inducement.
2 Pattern Candle Chart: A big momentum candle is present.
3 Volume: There is massive volume at this range, but the price has not gone further down, indicating bullish sentiment. A big bullish candle also confirms this.
4 Momentum UNCONVENTIONAL Rsi: The RSI is sideways, but it made a massive support move at the last candle, indicating that bulls have entered the market.
5 Volatility measure Bollinger bands: The bands are squeezed, and we need to see a close outside of the band to confirm the bullish move.
6 Strength ADX: Currently sideways.
7 Sentiment ROC: No sentiment confirmation, both are equal.
✔️ Entry Time Frame: D1
12. Entry TF Structure: Bullish.
13 Entry Move: Impulsive.
14 Support Resistance Base: Daily FVG.
15 FIB: Trendline also broke, triggering a buying event.
☑️ Final Comments: Buy if today's high is broken.
16. 💡Decision: Long.
17 🚀Entry: 1.0820.
18 ✋Stop Loss: 1.0660.
19 🎯Take Profit: 1.2000.
20 😊Risk to Reward Ratio: 1:7.
🕛 Expected Duration: 60 days.
AUDNZD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: We are here in accumulation phase and I expect we could see AMD pattern, which means price could manipulate buy stop liquidity and fill the imbalance higher and then to distribute lower.
Fundamental analysis: Tomorrow we have news events on AUD, will be released the Cash Rate which was forecasted to remain the same, it means could not be aggresive moves in the market. Also, Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
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AUDNZD | Bullish ABCD Pattern | Sell StopWe have observed Bullish ABCD Pattern and we are taking sell-stop entry if the price breaks down from point B. We will take another entry of buy stop if the trend reverses from point D which is also a Potential reversal Zone (PRZ) after the confirmation of bullish divergence on RSI and new trend formation with HH and HLs .
AUD/NZD Set To Fall! SELL!
My dear subscribers ,
My technical analysis for AUD/NZD is below:
The market is trading on 1.06816
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 1.06209
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
AUD-NZD Wait For Breakout From Bearish Triangle! Sell!
Hello,Traders!
AUD-NZD is trading in a
Downtrend and the pair has
Formed a bearish triangle
Pattern so IF we see a bearish
Breakout and it gets confirmed
The we can go short on the
Pair on the pullback
Sell!
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Check out other forecasts below too!
AUDNZD:Will Keep Falling! The Next Target is: 1.06207
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDNZD chart which, if analyzed properly, clearly points in the downward direction.
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AUDNZD: Waiting For Breakout 🇦🇺🇳🇿
AUDNZD is trading in a bearish trend.
The price is currently accumulating within a descending triangle formation.
1.067 - 1.069 is its neckline.
If the price breaks and closes below that on a daily, probabilities will be high that the market will drop lower.
Next support will be 1.0627
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AUD/NZD UpdateHere are some zones that I believe that if price reverses, it will be strong, notably the deeper levels. If price breaks the first level, I'm getting in the second and so on. I would usually look for them all to get hit but that's not always going to happen. You'll notice that in a couple of my postings price did hit a level or two and reversed. Keep in mind that these levels aren't random and not what I feel. They represent positions that were placed at a particular time with distance and time taken into account from the time they were placed.
AUDNZD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUD/NZD Uptrend setting up possibly. My prediction is that price will reverse upward from these lower levels. I've added an element in my algo to detect where price doesn't go in a given day. From backtesting and spending hours analyzing across multiple pairs, I can confidently say that price usually fulfills a set range before extending to lower or higher price levels. When it doesn't fulfill those prices especially over an extended period of time, there is a strong reaction when it comes back later. Especially much much later. I believe that I'm seeing that setting up here. If price doesn't come down and continues up instead, that's fine. I'm only comfortable buying when that level gets hit. It's definitely a setup I'd take even if I may be wrong. FX:AUDNZD