AUDNZD | Falling trendline BreakoutWill AUDNZD respect the falling trendline ?
Is AUDNZD still looking good for more downside?
Audnzdlong
AUD/NZD Possible Short term Upward MoveHello Traders
NZD dropped hard in the last days of last week.
Overall view of AUD/NZD is still bearish but last week's candle changed the situation at least for the short term.
We expect AUD will catch this opportunity and relive some of its losses VS NZD (a short correction), otherwise, the price will continue moving downward.
Also, some indicators(stochastic) are showing possible correction.
Our technical view has been shown in the chart.
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Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
20 Reasons for Buy AUDUSD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: Multi-year bearish trend in effect.
2:📆Monthly: Market made an insider high and low, but was rejected from the monthly order block.
3:📅Weekly: Market structure is bearish, but it filled out the last swing 50% area and respected a strong reversal upside signal with a double bottom formation.
4:🕛Daily: Daily structure is bullish and the market completed its inducement, indicating an overall bullish trend. Market may go above 0.7100 levels after a long consolidation.
😇7 Dimension analysis
🟢 Analysis time frame: H4
5: 1 Price Structure: Sideways
6: 2 Pattern Candle Chart: Double Top
7: 3 Volume: High volume during this period suggests buyers are active somewhere.
8: 4 Momentum UNCONVENTIONAL RSI: Above 60, indicating a super bullish zone.
9: 5 Volatility measure Bollinger Bands: High bullish volatility.
10: 6 Strength ADX: Bulls are in power.
11: 7 Sentiment ROC: AUD is the strongest this week.
✔️ Entry Time Frame: 15 Min
12: Entry TF Structure: Bullish
13: Entry Move: Impulsive
14: Support Resistance Base: Last FVG should be a support.
15: Wait for a trigger event.
☑️ Final Comments: Buy at support or breakout.
16: 💡Decision: Buy
17: 🚀Entry: 0.6725
18: ✋Stop Loss: 0.6687
19: 🎯Take Profit: 0.6900
20: 😊Risk to Reward Ratio: 1:5
🕛 Expected Duration: 3 Days
AUDNZD is meeting its support and having buy opportunityAUDNZD is potentially meeting its strong support from its triangle pattern in 4H timeframe.
Buy at 1.636-1.638
SL : 1.58
TP1 : 1.83
TP2 : 1.107
Good luck!
Happy trading !
W10-25 AUDNZD BULLISH IDEA Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
ENtry at the break of trendline, SL & TP Levels are defined.
W10-AUDNZD BULLISH IDEA (SYMMETRICAL TRIANGLE)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of SYMMETRICAL TRIANGLE coupled with bullish divergence.
Entry, SL & TP Levels are defined.
AUD/USD, bullish momentum on support FX:AUDNZD
AUD/NZD bouncing off support, probably continuing a move upwards.
So im taking Long positions as soon as the markets open.
AUDNZD TradingView H1Here is my view for AUDNZD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDNZD - Short Term Bullish ideaThe price is trending in an upward channel in confluence with Bullish divergence, the price can be expected to move up with TPs set
BEARISH SETUP ON AUDNZDHey Traders,
The AUDNZD i s currently in a pickle, the price could do a fakey (grappling liquidity
from buyer's entry and sellers stop loss before making a a full bearish continuation.
Or,
It could start a new bullish momentum to retesting the Daily supply area.
Hers is the pair you can anticipate for then wait for proper entry.
Good luck.
AUDNZD TradingView H1Here is my view for AUDNZD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Buy AUDNZD 100423 18.55📌📌Signal Buy AUDNZD 📌📌
Link :
📍📍Open order 1.0685
Buy lim 1 1.0658
Buy lim 2 1.0639
Buy lim 3 1.0621
Buy lim 4 1.0594
Buy lim 5 1.0569
Buy lim 6 1.0545
Buy lim 7 1.058
Tp 1.0779
Sl 1.0456
Warning !!! (Swing trade must be use pending orders)
!!!Pending orders should be set up lot size step by step
Example
(15,000$)
Open order 0.1 lot
Sell lim 1 0.15 lot
Sell lim 2 0.20 lot
Sell lim 3 0.25 lot
Sell lim 4 0.30 lot
Sell lim 5 0. 40 lot
Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot
Example
(3,000$)
Open order 0.04 lot
Sell lim 1 0.05 lot
Sell lim 2 0.06 lot
Sell lim 3 0.07 lot
Sell lim 4 0.08 lot
Sell lim 5 0.10 lot
Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot
!!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
AUDNZD - Short active ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for shorts. I expect bearish price action continuation as price filled the imbalance and rejected from bearish order block + institutional big figure 1.07000.
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AUDNZD SELL LONGThe two Australasian currencies are represented in the Australian Dollar vs. the New Zealand Dollar pair. High Rollover rates and like geographical locations cause them to often trade alike against other currencies. Because of this the pair is not extremely affected by global factors or trends but instead reacts more to changes in the local economies. #AUDNZD
AUDNZD LongList of confluences:
1: Trendline breakout
2: Falling wedge breakout
3: Potential breakout of key level and change from bearish to bullish.
We look at the higher time and can see that the pair remains bullish.
This is the reason we are looking for only buying opportunities so that
we trade with the trend and not against it.
AUD/NZD March April Challange Hello my friends! How is going your trading week? I hope that is doing well, anyways lets talk about this operation!
Bulish: We are preparing for a trend continuation after a restest in the suport zone that we are in and then a bullish term to the next resistance level, for entrys we gonna wait a strong candle, a pattern cadle or something like that.
AUDNZD Trading Plan - 3/Apr/2023Hello Traders,
Hope you all are doing good!!
I expect AUDNZD to go Up after finishing this correction .
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
20 Reasons for Buy AUDNZD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1.✨Eagle Eye: From 2013 to 2023, this market has been in a range-bound state with no clear direction. However, a closer look at the last four candles reveals a pattern of higher highs and higher low, indicating the presence of bullish corrective strength in the market.
2.📆Monthly: A bullish change of character has occurred, and this marks the fourth low in the current range. Based on historical data, there is a 68% chance that the market will move up.
3.📅Weekly: The picture in this time frame is much clearer now that the monthly time frame has been analyzed.
4.🕛Daily: After a deep inducement and a range-bound period, buyers have entered the market.
😇7 Dimension Analysis
🟢 Analysis Time Frame: D1
1 Price Structure: Bullish reversal after inducement.
2 Pattern Candle Chart: A big momentum candle is present.
3 Volume: There is massive volume at this range, but the price has not gone further down, indicating bullish sentiment. A big bullish candle also confirms this.
4 Momentum UNCONVENTIONAL Rsi: The RSI is sideways, but it made a massive support move at the last candle, indicating that bulls have entered the market.
5 Volatility measure Bollinger bands: The bands are squeezed, and we need to see a close outside of the band to confirm the bullish move.
6 Strength ADX: Currently sideways.
7 Sentiment ROC: No sentiment confirmation, both are equal.
✔️ Entry Time Frame: D1
12. Entry TF Structure: Bullish.
13 Entry Move: Impulsive.
14 Support Resistance Base: Daily FVG.
15 FIB: Trendline also broke, triggering a buying event.
☑️ Final Comments: Buy if today's high is broken.
16. 💡Decision: Long.
17 🚀Entry: 1.0820.
18 ✋Stop Loss: 1.0660.
19 🎯Take Profit: 1.2000.
20 😊Risk to Reward Ratio: 1:7.
🕛 Expected Duration: 60 days.
AUDNZD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: We are here in accumulation phase and I expect we could see AMD pattern, which means price could manipulate buy stop liquidity and fill the imbalance higher and then to distribute lower.
Fundamental analysis: Tomorrow we have news events on AUD, will be released the Cash Rate which was forecasted to remain the same, it means could not be aggresive moves in the market. Also, Wednesday on 5th of April will be released Official Cash Rate on NZD, which was forecasted to increase by 0.25%, this means strength in currency which could support our move.
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AUDNZD -- reversing (long term trend)AUDNZD is trying to reverse it's long term trend and may target back peak at 1.11.
Bounces off support / order block level.
Spotted at 1.7624
SL at 1.69
TAYOR.
#AUDNZDIn the long-term cycle from 2020, there is an upward wave 3, which is currently the corrective wave 2 of the lower cycle, and it can continue wave 3 up to the 1.15 area.
AUDNZD LONG TRADE SETUP Acctually a Swing setup AUDNZD good Trade Setup
bcz
All High time frame showing long and in Daily Demand Area a nested demand area of H1 and This Zone Also Breaked a supply THIS Reason we can take trade and our SL is Last time Previous LOW .
AUD/USD:Bullish Harmonics Pattern Signals Long Setup OpportunityOver the last few hours, the AUD/USD currency pair has experienced a pullback around the 78.6% Fibonacci retracement level. This is an important level to watch, as it often indicates potential market reversals or changes in direction.
However, we have observed that this pullback has coincided with the formation of a Bullish Harmonics pattern. This pattern typically signals a potential bullish trend reversal and the emergence of a new long setup.
In addition to this, the price has also pulled back on the dynamic bullish trendline, which is another key indicator that we're keeping an eye on. When these indicators are in confluence, it strengthens our confidence in the long setup idea.
Based on our analysis of the market conditions, we believe that the AUD/USD pair is poised for a potential uptrend. We remain optimistic about the prospects of this currency pair and are looking for any new opportunities to go long.
