Audnzdlong
AUD/NZD Wave Analysis in a long-term bear cycle.
It is currently in its second leg of wave B.
Further, it resembles a flag formation and is coming down after hitting the upper parallel.
Hence, we expect the pair to be bearish and move to the lower parallel from here.
Go long on AUDNZD (Long Term)After a strong move to the upside, we see price breaking the channel and creating a flag. we are now expecting a continuation of price to the estimated levels.
AUDNZD Head and shoulders Setupprice is now at resistance ichimoku cloud gives the perfect resistance here close above cloud than this setup will be invalidate.
RSI also made good HH so not much confident in this setup
audnzdaudnzd is in bullish pennant pattern, the price is about to break the s/r level, wait for breakout.
Bullish pennant forming on AUDNZDBullish pennant forming. I will be awaiting a break and a retest and then entering, targeting previous key levels as a take profit zone. SL will be tight and placed just inside of the pennant formation.
I don’t normally trade on a Friday, but a pennant is a pennant. Tight stops ensure that fake-out fridays doesn’t hurt too much.
AUD/NZD descending triangleThe pair has recently breakout of the descending triangle so I have opened a buy trade expecting a move to the resistance line.
AUD/NZD descending channel💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really appreciate any likes and follows, that would help grow this channel.
Let's take a look at AUD/NZD on 4H chart. We can see descending channel has been formed. Price has been rejected from resistance line from this channel we believe that price will go down from this point.
Let us know what you think about this idea.
Trade safe !
AUD/NZD Wait for a Better ShotGood day, snipers. Here in the AUD/NZD , we never got the rejection candle on my previous analysis so, we didn't take the trade. Now price broke a resistance level and retested it. Price also is no longer making lower lows and highs and no longer below the 20, 50, and 100 EMAs. I will just be looking forward to a better risk : reward ratio before entering.
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AUDNZD - SWING - 13. JULY. 2020Welcome to our weekly trade setup ( AUDNZD )!
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1 HOUR
Very bullish price action and closure above blue turnaround area.
4 HOUR
Great long entries, prices about to turn bullish.
DAILY
Overall bearish market at its low, looking for a push to the upside.
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FOREX SWING
BUY AUDNZD
ENTRY LEVEL @ 1.06040
SL @ 1.05690
TP @ 1.06510
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUD/NZD approaching key support line💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
We made some nice pips with this pair last week. Now price again is at the same support line and if rejected we are going to look for Long positions.
Let us know what you think about this idea.
Trade safe !
AUDNZD BULLISH Continuation...No signs of BEARISH breakout now!!Lets start of by looking at the previous elliot wave formation. We can see that a complete wave 1-5 followed by retracement wave a-c is completed. Currently, what we are able to see is BULLISH momentum starting to take place with recent higher high formation occurring, obeying the trendline drawn. I will be seeing this as a the start of wave 1 which I expects will ends around 1.0800 where 78.6 fib level as well as a resistance level is present there. We could see rejection forming wave 2 and eventually wave 3 to 138.2 fib level. Wave 4 could be a retest to 100 fib level where there is also a strong support level there which I foresee will give AUDNZD another bullish push forming wave 5 till 161.8 fib level.
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AUDNZD - LONGLooking for price to retest the resistance line. Active trade. MACD showing signs of opening up for a new trend.
AUDNZD long trade ideaPlan: 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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
We might see AUD/NZD going higher.💡Hello traders,
I will really apricate any likes and follows, that would help grow this channel.
AUD/NZD has been trading above this horizontal support line for quite some time now and we expect price to bounce higher once again.
Let us know what you think about this idea.
Trade safe !
AUD/NZD : Wait For BreakDown in DownsideWe can see continue downfall after BreakDown in Downside.
ThankYou
AUDNZD - SELLThis pair is a bit of a mess.. we can see that price broke support and was pushed back up a little by the buyers.. the sellers forced price to break support so its safe to say we are setting up for a sell
I am waiting for confirmation before jumping in as price could float about before dropping
AUDNZD - SELL
SL - 1.07165
TP - 1.04209
AUDNZD: To Resume Uptrend?Could this play out?
Happy Trading
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This idea is for entertainment purposes only, and must not be construed as an investment advice.
