Audnzdidea
AUDNZD downside break quickly runs into a key stumbling blockThe key support level has been a level that buyers have leaned on for possible pullback.
The strong kiwi flows over the past two weeks have been in AUD/NZD as the pair slides back under 1.05 for the first time since August.
watch price action for possible pullback
Proyección en largo en divisa AUDNZDBuen día para todos los que lleguen a ver este análisis, les presento mi idea sobre este par de divisas.
El mercado me indica que luego de haber roto el banderín formado anteriormente, dando impulsos fuertes alcistas y respetando zonas importantes delimitadas en el gráfico. Utilizando la herramienta de fibonacci le damos cabida a la idea de tomar una posible zona de entrada del 61 al 78% del fibo, esperando que se siga respetando los movimientos de tendencia alcista.
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
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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AUDNZD Long Setup - Confluence on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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AUDNZD Unexpected Bollinger Band SpikeHi traders,
A long wick has been left outside of the Bollinger Band, wonderful spike with the Bollinger Bands having the perfect angle. I entered the trade as soon as the candle closed with my profit target set at the 50% Fibonacci level. If the next candle goes against me, I will be closing the trade, otherwise I will put it to break-even. We have a slight divergence as well.
(This is not a trade recommendation!)
Sell AUDNZD Based on Bearish Harmonic GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Buy AUDNZD Short Term Based On Falling Wedge Reversal Pattern H4Here is another scenario if we adjust our wedge a little - the break will confirm which way we go.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.