AUDNZD
AUDNZD, A full plan for a swing setup. AUDNZD / 4H
Hello traders, welcome back to another market breakdown.
AUDNZD has been trading in a down trend on the 4H time frame. However, the price is still bullish on Higher time frame. Where bulls look to buy for a lower high and expect another leg higher.
Checkout the chart for my full plan if the price holds this low.
Trade safe,
Trader Leo.
AUDNZD - 12hrs ( ↗️ Great Buy Opportunity Target Range 400 PIP )💲Pair Name : AUD/NZD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( Long ↗️ )
Type : Mid Term Swing
———————————
🔰Bullish Break
1.10500 Area
Reasons
🔘- Major Turn level / M
🔘- Poc Break
🔘- Pattern Break
🔘- P week High / P Day High
🔘- Fixed Range lvn
🔰Bearish Reversal
1.14500 Area
reasons
🔘- Major Turn level
🔘- Pattern Target
🔘- Visible range Value
🔘- Fibo Golden
🔘- strong High / Premium
🔘- 3 Q High
AUDNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of AUDNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to make a retracement to fulfill the imbalance lower and then to reject from bullish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDNZD:Targeting more highs ahead of next week RBNZ meetingthe Reserve Bank of New Zealand are already on the path of slowing down, if they confirm that on Tuesday we think that AUDNZD will easily achieve more highs. in the coming week we will be monitoring AUDNZD for a buying opportunity around 1.099 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUD/NZD holds support ahead of AU and NZ dataTechnically, AUD/NZD looks ripe for another leg higher as it is holding above trend support and the 100-bar EMA. A break above the weekly pivot point could confirm such a breakout and resumption of its trend and bring the weekly R1 / recent highs, with 1.10 also making an interim target along the way.
However, keep in mind that data from AU and NZ between 11:30 AEDT and 12:00 could make or break this trend. Ideally, we’d need to see strong AU household spending, an okay (or better) business sentiment report alongside lower NZ inflation forecasts for this to simply break higher.
For now, the bias is for a break above the weekly pivot whilst prices remain above yesterday's low. A downside break of the trendline suggests a deeper pullback is underway.
AUDNZD Short Term Sell IdeaD1 - Price has reached a key resistance zone.
Bearish hidden divergence followed by continuing bearish divergence.
H4 - False break with bearish divergence.
If the price breaks below the last low at 1.09283 with momentum I may then expect short term bearish moves to happen here.
Alternatively if the price moves higher breaks and holds above the key resistance zone then this bearish view will be invalidated.
easyMarkets AUDNZD Daily - Quick Technical OverviewThe technical picture of AUDNZD on our daily chart shows that the pair is forming a rising wedge, which can be considered as a bearish indication. That said, as long as the rate remains inside that pattern, the near-term outlook could stay positive. However, once the the lower side of the wedge pattern gets violated, this may open the door towards lower levels. More sellers might jump in if the pair falls below all of our EMAs as well.
For the upside, a push above the 1.1031 barrier would be needed, as it has been acting as an important resistance area so far.
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AUDNZD showing upside to 1.1484 but with concerns AUD/NZD formed a Cup and Handle
Price <200 but 7>21
Target 1.1484
CONCERNS:
Sideways movements is leading concern where the price could just drop from here. The breakout is not entirely strong but we'll need to wait and see.
I'll remain with a bullish bias.
AUDNZD AUDNZD
Another day, another great opportunity for us trades to take advantage of. AUDNZD We are at key resistance when it comes to higher time frame including daily and weekly.
We could say we are within the channel for now but if we break below 50 EMA & of trendline support expect 1.09170 areas to be target areas. However, if we break the highs of 1.09865 then I expect we retest the highs again.
There are really clear levels in this, you could call this bear flag but let's wait and see!
Don't forget ...It is a Friday!
Trade Journal
AUD/NZD continue with the Downtrend 👇On AUD/NZD is nice to see strong sell-off from the price 1.1003 , there are nice to see strong volume area....
Where is lot of contract accumulated...
I thing that sellers from this area will be defend this short position...
and when the price come back to this area, strong sellers will be push down the market again...
Downtrend + Strong volume area are my mainly reason for this short trade....
Happy trading
Dale
AUDNZD 4H Bearish Price actionAUDNZD has been shaping up for a short opportunity as we can see price has created a double top and price has failed to push any higher.
Price has been moving correctively in a reversal wedge pattern which we should expect a Breakout followed by a lower time frame correction to valid a sell entry.
Trade Safe
Thanks
AUDNZDIn the current conditions, it is expected that the WEDGE we are in will break due to the divergence formed between the 2 peaks.
decrease to three ranges of 1.8475-1.07786-1.06695.
After that, we will have two future goals in the ranges of 1.4194 and 1.02542, which will complete the zigzag by reaching them.
But until the last floor of static major is not broken, only the goals before that are considered.
AUDNZD - 4hrs ( Sell Trade Target Range 350 PIP )💲Pair Name : AUD/NZD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ↘️ Short )
Type : Mid Term Swing
———————————
🔰Bearish Break
1.90350 Area
Reasons
🔘- Major Turn level
🔘- Visible Range lvn
🔘- Pattern Break Out
🔘- Prev Day low
🔘- Fixed Range Poc
🔰Bullish Reversal
1.05650 Area
Reasons
🔘- Major Turn level
🔘- Visible Range lvn
🔘- Major Channel lower Band
🔘- Year Low / Q low
🔘- 2 Q low Area
🔘- Fibo Zone 1.618 %
AUDNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of AUDNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to continue the retracement to fill the imbalance lower and then to reject from bullish order block.
‼️Attention!!! Due to the fact that we have news on AUD upcoming week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!