Audnzdlong
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.
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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.
AUD/NZD : Watch Correction and SELL in downside expecting a downfall after complete bear Flag.
Thankyou
AUDNZD LONGBased on my analysis, I anticipate price to bounce off the trendline to trade within the ascending channel and head upwards.
I've already entered the trade at 1.06400 right after completion of the retest on the 1H chart.
Risk reward ratio: 1:7.9 (Swing trade)
SL: 1.06147 (-36.2 pip ris)
TP1: 1.07467
TP2: 1.08210
TP3: 1.08816
TP4: 1.09368
Let me know what your thoughts or analysis are on this pair.
AUDNZD Forecasting 15th-19thHi,
I am expecting AUDNZD 80% probability to go SHORT after it breaks the trend-line, the possibility is that price goes for long.
check the daily chart
Thank you
AUDNZD - bullish move to continueAUDNZD has formed a hammer candle yesterday on daily chart. Today it is forming a strong bullish one. A sign that the bullish move is about to continue.
AUDNZD - potential long Pair: FX:AUDNZD
Bias: Long
looking at the current channel we are very close to the bottom, should we see a nice rejection then a break above resistance zone, a nice long opportunity may come.
AUDNZD, SELL on Daily- 1.0885-1.0850 is a strong resistance zone. price already showed rejection from the resistance zone. "Bearish pinbar" on weekly chart is our confirmation for sell.
- If it breaks below 1.0645 level which is recent support then, our sell target would be 1.0350
- Price may again retest the resistance before falling.
AUDNZD may begin to rise again!Hello Traders,
The AUDNZD may be nearing the end of its current pull-back. Bearish Divergence formed at the previous high on the 16H MACD/Price Chart, signaling the current draw-back. It appears this draw-back is coming to an end as the price is being rejected at the 50-EMA. Also, RSI has cooled off from OVERBOUGHT territory and is beginning to diverge from the Price Chart.
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*The above is not investment advice but simply my analysis of the current market conditions*
AUD/NZD should go UPHey tradomaniacs,
looking at the technicals and correlations it looks like AUD/NZD is about to go up.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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