Trading Pathways Analysis of AUDNZD H4 Chart
The outlined white arrow pathway is the predicted pathway that the AUDNZD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDNZD will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
Audnzdlong
AUDNZD Daily Long OpportunityPer one of my daily strategy, an entry order has been set to :
Entry: 1.0324
Target: 1.0428
SL: 1.0264
If price breaks 1.0368 before hitting my entry point, the setup is considered invalid and will be cancelled.
Note: We're in a bearish trend but as my strategy has been backtesting without any trends consideration, I gotta stick to my rules and proceed with the trade.
AUDNZD LONG Hello everyone, its time to watch AUDNZD again, price is at the bottom! wait for price to give an impulse and look to go long, keep in mind that we have critical news the next coming 2 weeks on AUD and NZD. With 4/2/2020 AUD news and 12/2/2020 NZD news, they can move the market on our directions but we need to be patient on this pair. trade safe and good luck.
AUDNZD BUY ( TRADE 14 )
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I use both fundamental and technical analysis to generate trade ideas. I don't feel comfortable to place orders based on just some random indicators. I look for strong fundamental reasons and these indicators help me to achieve a great risk to reward ratio.
May we all gain some Pips. Happy trading...
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IMPORTANT INFO:
I USE BOTH FUNDAMENTAL AND TECHNICAL ANALYSIS. SO, I USED MY OWN RISK MANAGEMENT STRATEGY.
THE STRATEGY IS SIMPLE. OPEN TRADE AT 0.01 STANDARD LOT PER 500 USD INVESTMENT AMOUNT.
EXAMPLE: lot size 0.01 when you have 500usd,
lot size 0.02 when you have 1000usd,
lot size 0.10 when you have 5000usd,
lot size 0.20 when you have 10000usd
KEEP THE LOT SIZE CONSTANT FOR EVERY TRADE TAKEN WITHIN A MONTH. AT THE END OF THE MONTH WE WILL CALCULATE PROFIT IN PIPS AND DOLLAR AMOUNT. WE WILL DECIDE OUR LOT SIZE AT THE BEGINING OF EVERY NEW MONTH. I WILL POST MY COLLECTED PIPS IN A GOOGLE SHEET EVERY WEEK.
GOOGLE DOC LINK IS GIVEN IN THE COMMENT SECTION.
Email: mr908fardun@gmail.com
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AUDNZD can go up 600 PIPS soonAUDNZD price action indicates that a big move can happen very soon. Price is consolidating at the bottom for nearly 2 months now and I believe and accumulation of orders is taking place here.
I have already bought AUDNZD and will continue to add more buys if it drops.
I have indicated with arrows about the possible price action in the coming days.
Either way, 1.0280-1.0410 is a buy area with final TP at 1.0924