#AUDNZD Nice Bullish pattern!Price made a nice pull back and created a nice squeeze which can mean that is time a for the second touch of the bullish channel.
If we will get daily hammer today I am pretty sure this will go up.
Also, price reacted to strong Resistance ( 1.05275 ).
Weekly hammer that price created couple weeks ago means that we are in bullish trend now so this setup has a very big chance to play out!
In next week can see a little bit of a bearish action but next weekly candle should be green anyway.
Audnzdlong
AUDNZD cypher completed ???AUDNZD cypher completed ???
Looks likle the cypher pattern is piossibly completed and also corresponds to the cypher on the 4 hr chart
This is my own views and not trading advice
always trade safe and use a stop loss
Please leave your comments and likes as i would like to know your thoughts
AUDNZD - BULL MARKET PENDINGAUDNZD H4
We are approaching the key fib level + previous zone of reversal
Head and Shoulders also forming
MACD convergence as well
Should be a very nice buy opportunity!!
1. This profile is for educational purposes ONLY!
2. The setups given are my own perspective of the forex market and by no means require action!
3. Trading involves risk, past profits do not guarantee future results, so never risk what you are not willing to lose!
@PipsOfPersia
t.me
Aud Nzd Bullish Flag Pattern or Falling Wedge Im not sure if this is a Flag Pattern or Falling Wedge. The point is that when these patterns occur during a Uptrend , they have a higher probability to break out of the pattern to the upside than they do the downside. The rules of trading this pattern is to watch price action closely and put a limit order outside of the trend line in order to catch the breakout whenever it happens.
Price can move up and down through this range for a long time before a breakout to the upside.
AUDNZD - FOREX - 20. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Strong bearish breakout and price action.
4 HOUR
Bearish waving market structure with several lh / ll.
DAILY
50% Pullback of previous bullish x-a wave, expecting some bullish pressure now!
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FOREX SETUP
BUY AUDNZD
ENTRY @ 1.04880
SL @ 1.04560 (30 Pips)
TP @ 1.05440 (55 Pips)
RR: 1.70
Use normal Risk (1% per Position)
(Remember to add a few pips to all levels - different Brokers!)
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ALAN
AUDNZD POTENTIAL LONG AFTER PULLBACK From a daily view, this pair appears bullish. We can see price respect support and move bullish on the 4hr , at the moment price is what i would see as a pullback and there is potential for price to go long again at the marked grey line.
entry - grey line
stop loss - red line
take profit - green line
risk exposure - 1%
risk to reward 1:2
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