Audnzdforecast
AUD/NZD This trade could be a win of over 250 pips To know the direction of the market is really important to do a multi-time frame analysis.
In Monthly
The price is currently over extended and has reached a important resistance. Definitely we could expect the price to retest the monthly trend line
Weekly
We have a price that is over extended. When price is over extended we can expect a correction. Also, price has created a double top.
Daily
Price is currently creating higher high and higher lows. The price is currently in and uptrend and has created a trend line.
After price break trend line to the downside we can start looking for an entry. Remember to have a good entry with a good RRR we have to look for an entry in a lower time frame.
OUR ANALYSIS FOR AUD/NZD (SHORT SELL)OUR CONDITION ANALYSIS
- Timeframe : 4H
- Currency : AUDNZD
- Market Condition : BEARISH (REJECTION ON STRONG RESISTANCE POINT)
- Trading Style : SWING
OUR ANALYSIS
- Strong Resistance Point : 1.07892 - 1.08028
- Bearish Breakout Zone : 1.07239
OUR TRADE POSITION
- Open Price Position : 1.07140
- Stop Loss : 1.07346
- Take Profit (1) : 1.06821
- Take Profit (2) : 1.06470
- Take Profit (3) : 1.06210
This is our analysis, i hope you like it ❤️
How about your analysis ? Let me know on comment section!
AUDNZD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD: Asian Damage 🚨The Asian session wiped out all of the resistance sellers, they will be waking up sad this morning.
Since I waited for the liquidity grab, I can now consider sells if we get a pullback into the imbalance/supply with signs of rejection.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
🚨 RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
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Will we get Reversal Entry?Hi Traders,
Price action is still looking bearish on this pair as we have an price moving within an ascending channel at the top of the HTF correction.
Before taking a position make you follow your Trading Plan.
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Trade Safe!