Audnzdanalysis
AUDNZD can go up 600 PIPS soonAUDNZD price action indicates that a big move can happen very soon. Price is consolidating at the bottom for nearly 2 months now and I believe and accumulation of orders is taking place here.
I have already bought AUDNZD and will continue to add more buys if it drops.
I have indicated with arrows about the possible price action in the coming days.
Either way, 1.0280-1.0410 is a buy area with final TP at 1.0924
AUDNZD trade idea on H1Plan : wait for prices to bounce off horizontal / trendline support --> 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 like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
AUDNZD Complete Analysis: Both Long and Short OpportunitiesAUDNZD is trading in a bearish move for more than two months now after hitting multi-week high back in November.
Lately, AUDNZD has gained some strength and consolidating at the bottom of the structure.
From this area, two things are likely:
1) A strong impulse to the upside.
2) A final bearish move and strong upside.
Either way, swing traders should look for buys when price hits the bottom.
However, day traders can still sell as price is facing strong resistance in the 4H chart.
Based on this analysis, my recommendation is to:
1) Sell AUDNZD@1.0408-1.0420.
TP:1.0320
SL:1.0436
2) Buy AUDNZD@1.0280-1.0350
TP:1.0672
SL:1.0250
AUDNZD bounced from support, potential for a further rise!
AUDNZD bounced off 1.03930 where it could potentially rise further to 1.04828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD potential reversal!
AUDNZD expected to rise up to 1st resistance at 1.04828 where it could potentially react off and drop down to 1st support at 1.03930.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD bounced from support, potential for a further rise!
AUDNZD bounced off 1.03930 where it could potentially rise further to 1.04828.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDNZD: Next Move Possible.AUDNZD: Next Move Possible.
Note: This is only for Educational Purpose this is not Investment advice.
AUDNZD Added Another Layer of confirmation AUDNZD Last Week, The Daily Time Frame Closed Above The Old Down Trend Line, After Hitting The Up Channel Trend Line
Forming A Bullish Candlestick Formation on The 4 Hour Time Frame,
Now The Market Have Come Back To The Backside of The Down Trend on The 4 Hour TF And Formed Another Bullish CSF
(Bullish Engulfing Candle) With A CTL Break,
What We Have:
- Bullish CSF
- Trend Line Break
- TL Support
- Weekly Low Price
AUDNZD 30MHello traders,
this is an entry long at the green price label,
target at the red up high.
Pip count: +20/-20
Best,
Jay
AUDNZD Is At The UTL Breaking The CTL With A Bullish CSFThe Market Is At The Up Trend Line, This Is The 3rd Hit of This Trend Line,
The Market Created A Bullish Candle Stick Formation At That up Trend Line And Broke The Counter Trend Line,
I Believe The Market Has A Big Chance of Going Up To Hit The Old Past Support To Become Future Resistance,
But The Market Also Created In The Past Equal Lows A little Lower of This Trend Line As You Can See, So If The Market decides To Break That Trend Line I Will Renter Again At The Support.
~ Hitting The UTL
~ Bullisg CSF
~ CTL Break
I hope You Find Some Value in This Trade Setup,
If You Do Please Hit The Like button
Thank You
AUDNZD 4H buyI would get into the trade on the retest of the broken trendline. I fee it's much extended now and may start to see some bullish movement soon.
*move to break even once 50% into profit.
AUDNZD Analysis: Price may reverse upwardsLately this pair has had a very deep drop in price. It has reached the support line of a rising channel to test it for the third time.
The price is very likely to move towards the resistance line of the channel and of the major falling channel.
Lets wait for bullish reversal confirmations to go long for the pair.
AUDNZD H1 we have down trend chart after taking break the price tries to break support level 1.04
I wait for the price retest support line after that I am looking for candles or patterns
in this market I am just seller
AUDNZD - Long BUY with SL and TP=> AUDNZD: Buy (Long Trade) <=
=> Entry: 1.0460
=>1st SL: 1.0300
=>2nd SL: 1.0150
=> 1st TP: 1.0511
=> 2nd TP: 1.0560
=> 3rd TP: 1.0666
=> 4th TP: 1.0800
=> 5th TP: 1.0950
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