AUDNZD shortMonthly
1 touch 2 touch makes a trend line
3rd touch usually completes the trend
Weekly
1 touch 2 touch makes a trend line.
3rd touch to complete the trend.
1. Market has reached psychological level
between 1.09100 and 1.10000.
2. Looking for 1 more weekly rejection candle to
support bearish momentum to the down side.
3. Looking for confirmation in the lower time
frame to take a sell.
4H
1. Waiting for price to retest 1.09500 or break up
and even get to 1.09600 and create a zone to
break out off heading down
2. If price respects 1.09500 and rejections candles
are created will be looking to take a sell down
to 1.08200
Audnzdanalysis
AUDNZD, 4hr tf, double top pattern with ichimoku confirmationHello my friends,
This pair come into my forex screener and i saw a promising setup to it.
A double top pattern on the 4hr timeframe, price also already broken below the neckline and retested it.
I got another confirmation from the ichimoku as price also broken below he bullish cloud. It also show sign that price could continue it declines as the cloud start turning red.
Sell AUDNZD @1.0930
Stop loss @1.0970
Take profit 1 @1.0880
Take profit 2 @1.0830
Use only 1-2% risk
Good luck
Disclaimer : i sold this pair at 1.0930 as well
Sell Opportunity For AUDNZD!!! As we can see, I will be expecting the elliot wave movement to end soon with possible retracement movement. If we look into the price movement, we can see price moving up slightly to a potential resistance area (red area) where I will expect to see a nice rejection off there. As for retracement level, I will seeing it moving towards 1.0795 level where there is a rather strong support level with a nice 50.0 fib retracement if it moves toward that area. As of now, I will be looking for a BEARISH movement for this pair with possible retracement waves taking over.
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AUD/NZD BUY SIGNAL Hey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation.
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AUD/NZD: Daytrade-Preparation
Market-Buy-Order: 1,09335
Stop-Loss: 1,08945
Target 1: 1,09705
Target 2: 1,09940
Target 3: 1,10180
Stop-Loss: 39 pips
Risk: 0,5 % - 1%
Risk-Reward: 2,21
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Peace and good trades
Irasor
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AUD/NZD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
AUD/NZD: Daytrade-Execution
Sell-Limit: 1,09810
Stop-Loss: 1,10110
Target 1: 1,09525
Target 2: 1,09345
Target 3: 1,09195
Stop-Loss: 30 pips
Risk: 0,5 % - 1%
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
AUDNZD - BULLISH BIASAUD - BULLISH
1️⃣ Global risk appetite was boosted after governor of the People's Bank of China Yi Gang noted that China will continue implementing the phase-one economic and trade agreement with the US while measures aimed at opening up China's financial sector will continue.
2️⃣ Goldman Sachs raised its 2021 US GDP forecast to 6.2% from 5.6%, driven by expectations that at least one COVID-19 vaccine will be “widely distributed” by the end of the second quarter next year.
NZD - BEARISH
1️⃣ New Zealand has reported its first coronavirus cases in 102 days and has announced it would slap new restrictions.
2️⃣ RBNZ policy will be left unchanged but risks are dovish.
=====
TECHNICAL
=====
- We are looking to long AUDNZD on RBS level + SMA50 area.
- AUDNZD in bullish zone.
AUD/NZD Long Short TermGood day, snipers. Here in AUD/NZD, price recently broke major resistance now turned support and now broke a minor resistance turned support and rejecting 61.8 Fib Level. We are riding the trend here and price making higher highs and lows. Stops just below the support level
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AUD/NZD Wait for a Better ShotGood day, snipers. Here in the AUD/NZD , we never got the rejection candle on my previous analysis so, we didn't take the trade. Now price broke a resistance level and retested it. Price also is no longer making lower lows and highs and no longer below the 20, 50, and 100 EMAs. I will just be looking forward to a better risk : reward ratio before entering.
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Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.
AUD/NZD Bears In Control?Good day, snipers. Here in the AUD/NZD, we are about to retest the minor resistance zone formed in lower and higher time frames. This zone was also considered as the 61.8 Fib level, where I expect movements to the downside. RSI also shows it is in overbought territory. I will be looking for a bearish confirmation before going short. If price makes a higher high, I am out of this trade, that's why stop loss is quite tight.
Follow me on tradingview for more ideas and sniper entries. If you liked this idea please click that thumb's up.
Ideas posted are not financial advise, but merely just to give insights and education for traders.
Past performances do not determine future gains.
As sniper traders, we tread carefully, then we take shots immediately.
Join the discussion down below.
AUDNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDNZD Still BEARISH Looking!!! Lets see why...Lets start off by looking at the price action for AUDNZD, we can see that BULLISH strength has faded giving rise to BEARISH potential. This can be seen from the yellow dotted line I drawn and what we are seeing now is a BEARISH fall. For now, what we saw was a retest to 1.0612 resistance level which it recently broke through. Thus, I will be looking at a nice sell opportunity from this level heading towards 50 fib level minimally. There is also a rather strong support level @ 1.0455 which I will be observing. Having said that, if we see a breakthrough we could potentially go all the way down to 61.8 fib level. As of now, I will be trading BEARISH on AUDNZD as I will be seeing this BULLISH movement as a retest to resistance level. This idea will be subjected to changes if we see a breakout of 23.6 fib level.
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AUDNZD, daily chart, double top pattern in playBased on the daily chart we could clearly see AUDNZD has a double top pattern and price already broken through the support.
Price broke through the support since June 10th and then consolidating around it for 3 weeks. The last 2 day candle indicates selling pressure by the form of candles which looks like bearish pinbar / shooting star candle.
Also keep in mind AUD now in pressure because they gonna start with another lockdown which will give pressure to their currency.
Sell AUDNZD 1.0620
Stop loss 1.0680
Take profit 1 @1.0560
Take profit 2 @1.0500
good luck