H4 - Bullish trend pattern Currently it looks like a pullback is happening Until the strong support zone holds I expect the price to move higher further after pullbacks.
H4 - Bullish trend pattern. Strong bullish momentum. Until the strong support zone holds I expect the price to move higher further after pullbacks.
H1 - Bullish trend pattern. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
AUD/NZD breaks above channel top, outlook bullish AUD/NZD trades with a bullish bias. Scope for test of 1.0895. Bullish invalidation only on retrace below channel top.
We expect a strong bullish impulse at the region that we are interested in, this can be either 100 pips moves or 200 depedning on the liquidity.
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We enter Long position for next targets
AUDNZD 4H timeframe analysis, the overall market structure is a sell but right now is gonna come up for retracement before it'll continue to move down.
Lets see how it will play out..Trade smart..analyse and be Blessed..
BUY @1.07168 STOP LOSS @1.06647 TAKE PROFIT @1.08322 TRAIL @1.06908
We are looking for entering a long position after breaking the trendline. If we will be able to break the Key Level, we would be placing buy entry.
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The outlined white arrow pathway is the predicted pathway that the AUDNZD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDNZD will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
We are in the support zone, hopefully that 2 bounces from the past will be happening again this time. Trade Idea 1.) Rsi - set up similar to the past patterns 2.) Macd - Signal crossed and 3.) RR 2.5 Note; Trade with cares !
FX:AUDNZD OANDA:AUDNZD FOREXCOM:AUDNZD
BIG BUY MOVES COMING AUDNZD BREAKOUT OF DOWNTREND LINE ELLIOT WAVE IN MY SIMPLE SETUP
My 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...