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AUDNZD

AUD/NZD - Selling pressure is on with the INV C and H and SMC Inv C&H formed on Daily. We are now waiting for a break below the brim level. Once this happens, will confirm a fantastic position to go short. 200>21>7 - bearish RSI<50 Target 1.03686 SMC Buy side liquidity formed on the top of the Handle which made an Order block (Where the big boys sweep in the buying with retail traders - and offload their own positions). This creates the selling pressure and inclination for prices to drop. Confirms a good short position is on the way.
Short
by Timonrosso
📌 Potential SELL setup for: AUD/NZD👩🏽‍💻Technical: On the weekly, the sellers are pushing the price down based on the current gravestone doji being formed. However, the price has a strong uptrend, and it seems that the sellers failed to break many times in the past. 🎯 For an ideal entry: In order to see if there is enough selling pressure, wait for the price to break the uptrend + push > exhaustion to confirm if it's not a fake out. Otherwise, the price could pullback towards the upside .
Short
by fxtraderkristina
AUDNZD: GO LONGAll elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on AUD/NZD as long as the price remains well above 1.0800 NZD. The buyers' bullish objective is set at 1.0795- 1.0810 NZD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.0905 NZD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Long
by Yurino86
AUDNZD - 4hrs ( Buy Trade Target Range 250 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 ( ↗️ Long ) Type : Mid Term Swing ——————————— 🔰Bullish Break 1.07750 Area Reasons 🔘- Major Turn level / w 🔘- Visible Range hvn 🔘- Channel Break 🔘- D / W H 🔘- Fixed Range Poc Area 🔘- Fibo Cluster 🔰Bearish Reversal 1.10500 Area Reasons 🔘- Major Turn level / D 🔘- Visible Range Poc 🔘- Pattern Target 🔘-Fibo Golden 🔘- Prev M / H 🔘- Fixed Hvn
Long
by GentleGoldenEngine
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