Audnzdlong
AUSSIE DOLLARWe have entered another long position this morning on AUDNZD. Another pair that sneaked its way into our watchlist which we are happy to try and take advantage of. AUDNZD has consistently been on a uptrend for the past week or so and we are hoping to see a continuation of momentum to reach our Target. our Entry here was roughly around 1.07818 and our take profit zone has been set at 1.08432 which is a total of 60PIPS.
Be careful entering this position as price could potentially draw back before continuing.
Happy Wednesday
AUDNZD - long to 1.08350After a breakout of the trendline occurred, pullback followed. Price is therefore currently moving towards the previous high at 1.08350. Watch out🔥
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AUD/NZD Rejecting From TrendlineThis is rejecting from the upper trendline. I want to see this continue to retrace to the support zone before rising and breaking above the trendline and onto the more significant downward trendline just above.
For best entry need to monitor this on 4HR timeframe using MACD and EMA's to find the moment this turns back higher from support. Another entry method would be to wait for this to turn higher and break the trendline and then enter a long on the retest of the trendline as a support.
Target is the major trendline above (marked in blue). Around 1.09500
AUD/NZD Hit 2 Targets +70 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/NZD Long Idea (Bullish Pennant)Price has formed a bullish pennant pattern on the daily chart, starting back in March.
I'm using the 3rd touch=breakout rule to judge where price is likely to break out. With the addition of a support level through the middle of the formation, this helped me realise that price would NOT break out to the downside on the third touch, leading me to believe price will break out above the structure on its third touch of the resistance trendline.
I have put my target price level at the high of the structure (@ 1.0330) with the SL positioned in line with previous lows. The RR of this trade is 4.8, although this trade could rise up even higher, achieving a target magnitude equivalent to the overall height of the structure.
Disclaimer:
Understand that investing in any financial market is a risk. All investments and trading decisions should be based on your own judgement. By using this idea you are agreeing that you and only you are responsible for your own trading or any investment decisions that you make. Anything offered here is not investment advice nor pressuring or forcing you to use your money in any way. Resources are provided to you based on experiences; it is still your responsibility to do your own due diligence before making a decision.
AUD/NZD New Trade With Great Risk Reward Ratio Risk Reward 1:5 And Simple Setup Here
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDNZD - Buy Entry - D1 Daily ChartAUDNZD - Buy Entry - D1 Daily Chart
Buy @ Current Market Price or on pull back into Buy Zone
Stop Loss @ 0.5% to 1% of your Account Balance
Take Profit @ mR1-Y1 - Possible TP @ 1.0875
Take Profit @ I will update when to close - Follow me to receive updates ✅
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🔺 Disclaimer! The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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AUDNZD The Trend will Change SoonHi, Volume Trader.
The AUD currency weakened for long time against the NZD currency. This results is the AUDNZD pair likely to reverse the bearish trend then become bullish trend .
The best way to trade is to follow the bullish trend when bullish is starting to form or wait for a correction that is likely to occur a little longer.
pm me for the details.
Notes:
1. This is not a suggestion to take financial action
2. VolumeWaveFx is not a licensed financial advisor.
AUDNZD Scalp Setup off Daily SupportJust a simple scalp setup off the Daily support. Several confirmations here to provide me with some rational behind my evil madness.
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Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc.
RISK DISCLAIMER
Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors. Before deciding to invest in Forex you should consider your knowledge, investment objectives, and your risk appetite. Only trade/invest with funds you can afford to lose.
AUDNZD: is that the END of the TREND CORRECTION?Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
AUD/NZD
⚪ Technical Analysis :
Since the 1st December 2020, the price has been moving with a strong bullish impulse, going up for about 420 pips, reaching the level at about 1.08500.
On that level, the price got a quick rejection, falling down breaking through the S/R zone at about 1.07000, and it is currently reaching the an interesting support zone at about 1.05700, that perfectly match with the 0.61% of Fibonacci retracement.
🔴 Conclusion :
This is absolutely a nice trend correction of its previous bullish impulse, and I'm confident to see the price bouncing on the support zone at 1.05700 before moving up again with a new bullish momevent.
I'll be waiting for the price to reach the support zone before planning my long position on this trade.
Stay tuned for Updates and Trading Signals !
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⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
AUDNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX
AUD/NZD 1H: Head And Shoulders👋 Hello and welcome traders to another trade
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