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Audnzdidea

AUDNZD Trading Plan - 3/Apr/2023Hello Traders, Hope you all are doing good!! I expect AUDNZD to go Up after finishing 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.
Long
by For3xScalper
20 Reasons for Buy AUDNZD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️ 1.✨Eagle Eye: From 2013 to 2023, this market has been in a range-bound state with no clear direction. However, a closer look at the last four candles reveals a pattern of higher highs and higher low, indicating the presence of bullish corrective strength in the market. 2.📆Monthly: A bullish change of character has occurred, and this marks the fourth low in the current range. Based on historical data, there is a 68% chance that the market will move up. 3.📅Weekly: The picture in this time frame is much clearer now that the monthly time frame has been analyzed. 4.🕛Daily: After a deep inducement and a range-bound period, buyers have entered the market. 😇7 Dimension Analysis 🟢 Analysis Time Frame: D1 1 Price Structure: Bullish reversal after inducement. 2 Pattern Candle Chart: A big momentum candle is present. 3 Volume: There is massive volume at this range, but the price has not gone further down, indicating bullish sentiment. A big bullish candle also confirms this. 4 Momentum UNCONVENTIONAL Rsi: The RSI is sideways, but it made a massive support move at the last candle, indicating that bulls have entered the market. 5 Volatility measure Bollinger bands: The bands are squeezed, and we need to see a close outside of the band to confirm the bullish move. 6 Strength ADX: Currently sideways. 7 Sentiment ROC: No sentiment confirmation, both are equal. ✔️ Entry Time Frame: D1 12. Entry TF Structure: Bullish. 13 Entry Move: Impulsive. 14 Support Resistance Base: Daily FVG. 15 FIB: Trendline also broke, triggering a buying event. ☑️ Final Comments: Buy if today's high is broken. 16. 💡Decision: Long. 17 🚀Entry: 1.0820. 18 ✋Stop Loss: 1.0660. 19 🎯Take Profit: 1.2000. 20 😊Risk to Reward Ratio: 1:7. 🕛 Expected Duration: 60 days.
Long
by Optimum369
1
AUDNZD 1hr long entryHello guys, Today we are going to take a long entry in this currency pair. This one is for retracement. If you look at this currency pair, the 1-hour chart has given a break down in the ascending triangular pattern. So, from here, there is a chance for this currency pair to go up. After that, there is a chance to start a downward direction. So take this trade carefully. Thanks & Regards, Alpha Trading Station Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
Long
by AlphaTradingStation
2
AUDNZD Hello traders here is my analysis on AUDNZD after breaking above our bullish continuation pattern, we had a nice retest 1 back to the broken trendline buyers took over pushing the market to the upside till - 1.09369 level where we can see a correction back the buyers zone. CAN WE LOOK FOR BUYING OPPORTUNITIES..? Yes we can as the zone as been retested twice giving us an assurance of a strong ground for buyers to take off, which can result out to be an impulsive move after a correction.
Long
by Joshua124lupito