AUDNZD mushrooming shape for shortascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.
Audnzdforecast
Capturing Opportunity: Short Trade Setup on AUDNZDOverview:
AUDNZD has exhibited a notable rejection at a significant resistance zone, confluently aligning with the 4-hour trendline. This presents a compelling opportunity for a potential short-trade setup.
Entry Point:
Considering the observed rejection and alignment with the 4-hour trendline, an entry point at 1.09150 is recommended. This level reflects a strategic position to capitalize on the anticipated downward movement.
Stop Loss:
To manage risk effectively, a stop loss should be placed at 1.09490. This level provides a buffer against potential adverse price movements while allowing for sufficient room for market fluctuations.
Take Profit Targets:
Two take profit targets are identified:
- TP-1: Set at 1.08797, representing the initial profit-taking level. This level aligns with the anticipated downward momentum and serves as a conservative exit point.
- TP-2: Positioned at 1.08450, reflecting a deeper target for maximizing profit potential. This level accounts for further downside potential based on the prevailing market dynamics.
Conclusion:
In conclusion, the technical analysis suggests a favorable short trade opportunity for AUDNZD, with an entry point at 1.09150, stop loss at 1.09490, and profit targets set at 1.08797 and 1.08450 respectively. Traders should monitor price action closely and adhere to risk management principles throughout the trade execution process.
AUDNZD Bearish Robbery Short PlanHola LOOTERS,
This is our master plan to Heist Bearish side of AUD/NZD Market. Guys U can enter at any points, Our target is Green Zone that is Explosive Zone. My Dear Robbers loot and escape if u make money in this market, Don't wait for Target Point because its Dangerous place.
AUDNZD Technical Analysis and Trade IdeaThe AUDNZD demonstrates persistent bullish momentum with a robust upward trend visible on the daily timeframe. Consider a long entry upon a Fibonacci retracement, aiming for previous swing highs. Disclaimer: This analysis is for educational purposes and should not be considered financial advice.
AUDNZD - Looking To Buy Pullbacks In The Short TermH4 - Bullish trend pattern.
Strong bullish momentum.
Until the strong support zone holds I expect the price to move higher further after pullbacks.
AUDNZD - Potential buy from trendline ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I wait price to continue the retracement and my point of interest for a long is if price rejects from trendline + S/R level.
Fundamental news: Next week on Wednesday we have news on AUD, will be released yearly CPI, which has high impact on currency.
Like, comment and subscribe to be in touch with my content!
AUDNZD - Opportunity for a long ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + trendline.
Fundamental news: Upcoming week we have news with high impact on AUD, we will see results of Interest Rate on Tuesday.
Like, comment and subscribe to be in touch with my content!
AUDNZD - Symmetrical TriangleLooking at the Higher Time Frame we can see that the price has formed a Symmetrical triangle with a Fake Breakout in a form of a Double Bottom which indicates that the price wants to move (much) higher from current levels.
Im looking for BUYING opportunities on a lower time frame.
Audnzd Short Trade Setup SELL TradeYou can see Good Retest Resistance level On Audnzd Chart Now
Here you can Sell it with Tight stop 60 70 Pips
and for the target you can hold this trade for 120-150 Pips
after Weekly and Daily breakout now 80% sure our this trade will go for the short direction and our target will be met soon
AUDNZD Sells still Active but struggling (Considering closing)As per my last analysis on AUDNZD - (www.tradingview.com)
I am still actively holding this trade
NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience
If however, it struggles again to breach this low I'd close in profit
Why? it is simple really, price pushed up off of the (purple zone) and rejected the top side, if it rejected the top side it stands to reason that it went for liquidity from sellers higher - IF this was the case, shouldn't it have no problems going lower?
If price struggles to breach this low (purple zone) this time around I'd be closing this trade
Downvote\Don't boost if you didn't read this entire post and didn't try to understand
OR
Upvote\Boost if you did read this entire post and did try to understand
AUDNZD Sells ActiveGood Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try
Let me explain
These are my confirmations\questions >
Question 1 - Was AUDJNZD in momentum (bullish or bearish)?
Yes, AUDNZD is in bearish Momentum currently
Question 2 - Who is interested (at this time)?
Sellers are interested at this time
Question 3 - Where are their stop losses?
Stop losses would have been right Above the highlighted levels (orange circles) & below the orange horizontal line (break out sellers)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses have been taken out already on AUDJPY (Red X)
Question 5 - Does the set up make sense for me to pursue?
Yes I believe it makes sense for me to pursue this trade given the information I have
As I am typing this the trade remains open at a 1:0.7 Risk Reward Ratio and I am noticing price is stumbling about this area currently (wondering if I should close it)
That being said however you will realize over to the left (green circles, green lines) that there would be some buyers below this area and based on the momentum it makes sense to me for price to driven to below this area so I think I should hold it, let's see
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
Downvote\Don't boost if you didn't read this post and didn't try to understand
OR
Upvote\Boost if you did read this post and did try to understand
*Why don't I show my lot size?*
*How much money I make is no where near as important as HOW I took the trade*
AUDNZD Trading Plan - 18/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect AUDNZD to go Up after completing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDNZD Sells 1%:35%RRPrice reacted well to Weekly POI and now expected to push higher to then come down to clear last buys.
AUD/NZD LONg from 1.0615We have a W-bottom formation at support on AUD/NZD.
Looking for a 1:1 trade with the STOP at 1.0583 and TARGET at 1.0653.
Little bit late in the day for opening positions so this trade may be closed early if there's signs of price moving sideways.
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 I Potential correction and continuation Welcome back! Let me know your thoughts in the comments!
** AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDNZD Trade IdeaThe AUDNZD has established a significant downtrend and is currently undergoing a pullback. A breach of the recent support level has been observed, potentially indicating a selling opportunity with a target at the 61.8% Fibonacci retracement level.
AUDNZD - Long active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here I expect bullish price action after price filled the imbalance and rejected from bullish order block + institutional big figure 1.07000.
Fundamental news: Upcoming week on Thursday we will see results of Unemployment Rate on AUD.
Like, comment and subscribe to be in touch with my content!
AUDNZD ideaI was checking different pairs and I just came to #AUDNZD. It seems that the pair has finished its 5 impulse cycles and one of correction phases. Now my idea is that all things depend on how the pair will react to B and C point which I have shown.
AUDNZD: Bullish Leg continuation?From a technical point of view, the FX:AUDUSD pair is very interesting and attractive, especially on a lower time frame. If we look at 1H chart we see that the pair completed 12345 bearish impulse structure (or part of corrective structure) and subsequently triggered reaction from wave 5. From our point of view, it should be correct to try to take a long position on pullback with Target 1 around to 1,078.
Trade with care
Like | Share | Comment
AUDNZD Local Short!AUD-NZD is trading in a
Downtrend below the falling
Resistance line and the pair
Is now retesting the line so
I will be expecting a local
Move down !
AUDNZD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
AUD/USD Consolidates Around 0.6600 Ahead of US NFP DataAUD/USD is trading within a narrow range around the 0.6600 level in the Asian trading session on Friday. Concerns about China's economic outlook and the temporary pause in the US Dollar's decline have restrained this currency pair ahead of the highly significant US NFP data. In Australia, October trade data failed to support the Australian Dollar (AUD). The trade surplus decreased to 7.129 million in October from the previous reading of 6.184 million, falling below the market estimate of 7.500 million. Furthermore, China's November import data has raised concerns about an economic slowdown in the world's second-largest economy. Optimistic data and new concerns about China's economy could convince the Reserve Bank of Australia (RBA) to cut interest rates in 2024, potentially pushing the AUD lower.
Next, market participants will closely monitor the US Non-Farm Payrolls (NFP) report, scheduled for release later on Friday. Additionally, the Unemployment Rate, Average Hourly Earnings, and the University of Michigan Consumer Sentiment Index will be published. These events could cause market volatility and provide clearer direction for the AUD/USD pair.
