Audnzdanalysis
AUDNZD IN A CORRECTIVE CHANNELJust like our last analysis stated, we saw price fall after testing the last area of resistance.
We can now see price move in a corrective manner to the downside.
Since price is still below the resistance, we can play the channel, taking sells when price reaches and rejects the top of it.
Sells remain in position until the area of resistance is broken.
AUDNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
AUDNZD LONG OPPORTUNITYHey, if you like this idea be sure to support with a like and a follow.
Here is my analysis for AUDNZD for the upcoming week, wait for price to pullback to retest SUPPORT and take a long up to the next resistance area where we can expect a sell.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND?
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
AUDNZD ANALYSISHaving seen the NZD weakness at the start of the week, we have seen some short term bullish momentum from this pair into our key level.
We remain short biased, watching this level to hold to continue looking for sell opportunities.
However, If price breaks above, then we can see more upside from this pair.
AUD/NZD SELL OPPORTUNITY NOW.......
When market breakout 1.06621 support zone, then it can be goes down up to 1.07532 level.
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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AUD/NZD New Long Setup To Catch 100 Pips For Free !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
SELL SIDES TO AUDNZDSince the beginning of this week, this pair has been trading with bearish momentum and is in a downtrend.
Price broke a lower low here just after correcting its first impulse.
We should see a retracement or a pullback before price continues to trend down.
No exact targets could be set on this one. However, Looking for some good risk to reward along this trend is best.
AUDNZD like Wyckoff's AccumulationMonthly chart of AUDNZD looking like going through Wyckoff's Accumulation phase...
If it break the Trendline then it possibly going to be long let's watch what Is going to be Happen...
I also watched Bitcoin is also going through Wyckoff's Accumulation phase...
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AUD/NZD Formed A New Channel And Many Setups Available ! This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/NZD New Short Setup And Free 100 Pips Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions