Audnzdlong
AUDNZD - Double BottomFX:AUDNZD has already broke the trend line and now consolidating at the neckline-zone of previous head and shoulders pattern.
It is a long trade with a good risk to reward ratio.
Trade Details:
Entry at or Below: 1.6172
Stop Loss 1.05
Target: 1.08
pls share your view in comments.
Happy trading :)
AUD/NZD 1DAY SET UP POSSIBLE BREAK OUT????Hi TRADERS this is my trade set up for the AUD/NZD for the new week ahead
Looking at the daily chart we can see it combusting moving sideways, I am looking for a breakout either way and possible retest of the break out before placing a trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
AUD/NZD Ready to Long!Hello Traders
AUD/NZD aiming for a long rally.
Here is why:
-Price bounced twice from big support structure and retraced(fib:0.236) last weave.
-Bullish Bat Pattern has been completed.
-RSI downward Trendline is broken.
-We can see same Bullish engulfing patterns.
-Broken downward Trendlines.
Thanks for Reading
Team Fortuna
-RC
LONG: AUDNZDfrom what i can see AUDNZD is currently on accumulation phase this trade maybe ready from october as buying pressure may emerge at the beginning of new month , we will have a clear view at end of the month which we will allow us to have clear understading if selling pressure is exhausted or not.
AUDNZD Channel Breakout Finally, the price broke above the channel on Nov 21, and after a minor consolidation, the recovery continued. This confirmed a legitimate breakout, indicating a possible trend change.
next target is 1.0525 / 1.0590
Fundamentally, traders Betting RBA Will Soon Follow RBNZ May Have to Wait