SELL AUDNZD ON 30MAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Triple Time Frame RSI provide additional support for my idea
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Audnzdanalysis
AUDNZD awesome short! - EQUIY.Dear traders,
So as you can see we expect AUDNZD to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also in a strong institutional sell order zone that’s been filled right now.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a nicely “M formation”.
For take profit levels and stoplos check our telegram group: t.me
NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group:
What can you expect from us in the telegram group?
-A watchlist video. This will be uploaded every Monday in the morning.
-Trade setups. We only share high probability trade setups.
-At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group.
- Mini lessons about our strategy and mindset
Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me
So, we hope you will enjoy this whole idea and that we will grow together!
Team Equiy.
AUDNZD short!! - EQUIY.Dear traders,
So as you can see we expect AUDNZD to go short. We think it will go short because the markt is now in a strong weekly sell order zone. If you zoom in on the daily chart you can see we are now also in a strong sell order zone that’s been filled right now.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a nicely “M formation”.
For take profit levels and stoplos check our telegram group: t.me
NOTE; if you follow our telegram group you will be always up to date about the last market trades and conditions. This is not everything, there is a lot more in the telegram group:
What can you expect from us in the telegram group?
-A watchlist video. This will be uploaded every Monday in the morning.
-Trade setups. We only share high probability trade setups.
-At the end of the week we will upload a market recap video. This means that we will look back at the trade setups we have discussed in the trading group.
- Mini lessons about our strategy and mindset
Furthermore, we have created this Equiy trading community group, because we want to create a community in which you can ask us questions, but also other people in the trading group. In that way we can grow as a community. We will share the link to this group in this message: t.me
So, we hope you will enjoy this whole idea and that we will grow together!
Team Equiy.
AUDNZD BuyMy opinion is that the market is in an uptrend and we're currently in a retracement where buyers have another opportunity to enter and exit the market for a TP. I have identified 2 places where you may wish to do a buy either at leg B OR you can decide to wait for market to go lower before buying in again at leg D.
My labelled zones are only a rough idea of where i think the market may touch. Decide on your own Entry & Exit.
DISCLAIMER
Please note that this chart is an opinion based chart only. Please trade at your own risk
Aussie Still Reigning? AUD/NZD Ichimoku Long Trade SetupThis pair has been on a beautiful bullish run and we are looking to get into it if our confirmations hold. So far this pair has been holding above tenken sen so I am looking for a slight drop to buy with a stop less set right below that tenken sen line. This one is tight enough that I am not specifically looking for a support candle, just a small drop to get long. As an alternative we can always place a buy entry above this current candle, just be aware that it would give us a slightly worse risk to reward ratio. If price fails to hold support or break higher, this setup may become invalidated.
AUDNZD BUY OPPORTUNITY !!!! AUD NZD IS ABOUT TO PRESENT US WITH A LONG OPPORTUNITY!
Making the description simple - we have our daily resistance at 1.05355 that have rejected around 5 times from that zone. With that been said, a clean break of 1.05355 and retest would present us with a long opportunity!
Please, be patience and see the resistance turning support in order to place a long position!
Target 1.06215
All the best
Trading protection!!!
AUD/NZD 4H Chart: Pair likely to declineThe Australian Dollar has been moving in a five-month descending channel pattern against the New Zealand Dollar. The currency pair reversed from the upper boundary of a dominant descending channel at 1.1150 on August 7 and followed by downside wave.
As for the short-term future, it is likely that the currency exchange rate will aim at the lower boundary of the dominant descending channel pattern at 1.0386 during the following trading session.
However, a support level formed by a swing low at 1.0440 could hinder the AUD/NZD exchange rate from falling.
AUDNZD Broke key support. Downtrend in motionAUDNZD broke a key support level AND a key resistance level. Looks to be continuing the downtrend. The pair is up on the day. Waiting until the pair hits the previous resistance level to determine if it will be rejected or break through. If rejected, SL will be above resistance and slightly above trend line, and a move to the support level will be in play...
-StampsFX
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