AUDNZD, bearish price action.Hi Traders,
Looking at the HTF, we can see that the price is completing an the right shoulder of a H&S pattern along with a Double Top to give us bearish confluence. On the LTF price is correctively moving towards the top of the channel for a sell opportunity.
Thanks
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Audnzdlong
⁉️ EURCAD - Market AnalysisHello traders!
⁉️This is my analysis on AUDNZD.
Here we can see how price took out buy side liquidity and rejected from institutional figure 1.11000. Now I expect the continuation of the retracement and I am looking for a long if the price fills the imbalances and rejects from bullish orderblock + institutional figure 1.10000.
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AUD vs. NZD long potential with 4.70ish RRGoing to buy this level as the price is ranging from 1.0965 to 1.1050 for a week now. Its a bit risky as we can see more downtrend to 1.0930 maybe even to 1.0830. If that happens i'll wait for a retest then goint to get some short positions.Overall trend is still bullish.
AAUDNZD LONG IDEA 21ST JUNE 2022We have seen a clear HT demand zone holding price over the asian session and we are now currently seeing buyers in control of the momentum and knowing fully well we are in an uptrend long term we will buy from this zone and most likely the buyer's momentum will become very strong going into the london session.
AUDNZD - DAILY SUPPORTBullish on AUD/NZD . Daily Support Zone / DAILY Trend Support. This is just my observation.
- Remember risk management 1-3% of your capital
- Take profit of your position partially
- Don't open too many orders at the same time
- Be patient
- Don't be so greedy
- Waiting for a candle close and execute your plan.
- DON’T FOLLOW BLINDLY
- ALWAYS DO YOUR ANALYSIS BEFORE MAKING A TRADE! YOUR TRADE YOUR DECISION!