AUD/NZD Waite To break Out....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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AUDNZD to balance orders before rocketing to Weekly HighsLiquidity grab on Daily Timeframe must bring about a balancing move where Smart Money will close all short orders currently in drawdown. This is needed before price targets Weekly Highs. We are at Discount in the Monthly range, Upside expected.
AUDNZD | HARMONICS IN PLAYAUDNZD has given a breakout from the horizontal resistance of 1.08800 which will act as a good support in the future.
When we plot AB=CD Harmonic on the chart we the the upside is limited to 1.09500 where selling pressure once again take place.
Alternatively, breaking above will call for more bullish pressure than ever.
Trade your levels accordingly.
AUDNZD | CONSOLIDATION ON SUPPORTAUDNZD has made the top of 1.08800. Since then we observe the price remains in bearish pressure and broke the rising support on 29 March, end of bullish point.
Recently price is consolidating in a box and we think it will be broken and price will drop to 1.07000.
Alternatively, breaking above the box will call for bulls from here.
Trade your levels accordingly.
Fri 18th Mar 2022 AUD/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Buy. Still 2x previous trades in play on this pair Enjoy the day all. Cheers. Jim
AUDNZD | BEARISH SIGNAUDNZD has made the double top on 4th March 2021. Since then the pair shows bearish sign by making lower highs and lower lows. The current price is test the support zone which is the only hope for the bulls.
We are expecting price will come down once the support zone is taken out and the pair will be in bearish trend.
Trade your levels accordingly.
Wed 2nd Mar 2022 AUD/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/NZD Buy. You will notice that there are also two previous trades on, so this may get interesting. Enjoy the day all. Cheers. Jim