AUDNZD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Audnzdbearish
AUDNZD Short Term Sell IdeaH4 - Bearish trend pattern
Lower lows
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDNZD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Strong bearish momentum.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDNZD - Looking To Sell Pullbacks In The Short TermH1 - Strong bearish momentum.
Lower lows.
No opposite signs.
Expecting the price to move lower further in the short term after pullbacks.
AUDNZD - Looking To Sell Pullbacks In The Short TermH4 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDNZD Strong Bearish 1H TFAUDNZD instrument shows bullish divergence, however, the trend shows strong bearish at 1H TF. TP1 is valid profit zone right above support. TP2 is not strong profit entry due to multiple support levels.
AUD/NZD Bearish BiasHi,
Price is currently at a daily resistance, on the 1HR it has formed a double top and broken the neckline. I will wait for a retrace to the top of the broken neckline to sell.
Thanks
AUDNZD neckline break reversal tradeFew things going on here:
1. Price reached the highs of 1.078 and then it found weakness. You can tell by the fact that price ranged, but consistently failed to break above the 1.078 level. At the same time, price has been holding supported at the 1.75 level.
2. What I'm currently seeing is that price is breaking below the 1.75 level and slightly retracing. This break occurred because we're not seeing any bids holding the price up.
3. I'm expecting to see price trickle lower as the profit taking occurs after this spike.
AUDNZD upside momentums weakensThis is currently a very preliminary trade idea based off of the current momentum on this pair. I outlined this trade idea in three major points.
1. The run-up from March 19th ceased at the 1.0613 level. Price proceeded to pull back to my #2 label at 1.0477 level.
2. Nothing out of the ordinary so far as price would retrace after such a rally. What's interesting is that this next wave didn't make as significant of a move. Specifically, we can see it hitting the #1 label highs and then stalling.
3. I'm currently observing the price action signal at this level. It broke back below the 1.06 level and then made an uptick. If price fails to make a surge higher, we could potentially see this pair reverse.
Again, largely preliminary at the moment. Currently just keeping an eye on this pair for a potential opportunity.
