Audnzdlong
AUDNZD May come downtrend til 1.0530I think all of the indicators are showing WRONG DATA for this chart now.
here are some reasons why I say it may go down !!!!
1-as you see, there is a very nice resistance area at top.
2- Double top pattern shows that the price is not strong enough to go high.
3- last high is not higher than previous high
4-its also a shoulder pattern
5-the Fibonacci retracement exactly shows the range
I'm almost sure about falling down.
BUT DON'T RISK MUCH, Its the market !
Have Fun :-)
Mohammad Someaneshin
AUDNZD. Price in the ascending channel.Hi dear friends,
the price of the Australian dollar began to rise in the upward channel,
it happened on March 18.
As soon as the price crossed a key level,
it began to show improved growth rates.
The price will rise to its target,
however, it may not reach the level of resistance.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
AUDNZD technicaly based forecast
📌Short intro:
I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support
📌Why DepaDigitalTrading:
*Fundamental side in analysis
*Price action - FIBO - Candl pattern
*FX - STOCK - CRYPTO
*Day trader - Swing trader - Position trader - "Sniper"
*Simple ideas
💡 AUDNZD technicaly based idea, technicaly indicators showing we can expect higher bulish market continuation, we can see strong bulish candels formation, technicaly expecting to see push in price till FIBO 1
📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment!
Thanks on supporting!
All best, good luck!
AUDNZD A POSSIBLE BULLISH MOVEFX:AUDNZD
At daily we had a retracement at a good psychological level, which later created a higher high and right now it is laying at an other support level (retesting it to push higher)and after a good rejection (bullish pinbar) we might open a buy position till next psychological level because that is the level that might correspond at the other side downtrend in which level that the price might retrace again for a bearish move.
We are targeting around 120 pips.
No possibility to post analyse pic because of no pro points
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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX