||AUDNZD SELLERS HELD HOSTAGE ! ABOVE 1.080XBuyers of the aussie are holding bids @ 1.079x area and sellers are having to compensate their loses real quick as price tries to hold water at 1.0808x highs being tested multiple times ,over night trading in the asian markets will give push in price above 1.0808x zone and am expecting market reaction in london session above 1.082x area .
With no economic data until thurday on either currencies we should have strong technical bias on this trade from start of the week until we get both unemployment and interest rate figures towards the end of the week
Expecting an entry point in 1.084x area with it holding most sell side liqudity for a push lower to around 1.0793x
Ps-dabag
Audnzdsell
AUDNZD - two scenarios 1: correction
2: grown
I think we're in for a correction.
After such a growth, to continue we need a correction.
From the long position went out completely.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
AUDNZD short Trend is your Friend!
1. One Touch, Two Touch and Third Touch usually
completes a Trend.
2. EMA acting as Dynamic Resistance,
3. Markets has Bounce off our Golden Fib Zone,
Trend line an Psychological level @ 1.08400
where big institutions place orders and take
profit.
4. Waiting for 3 Eight hour candles to show signs
of rejection to place Sell order
5. I will be Selling at current Price Level
@ 1.08400
Safe SL @ 1.08600
80% Partial TP @ 1.07100
10% Partial TP @ 1.07000
Remaining Trade TP @ 1.06800
Only 5% risk will be take for this trade
AUD/NZD | Possible ShortAUD/NZD Sell
Resistance Levels: 0.07831, 1.08000, 1.08508
Support Levels: 1.07674, 1.07476, 1.07159, 1.6754
Possible Instant Sell:
Entry price: 1.07785
Stop: 0.08350
TP 1: 1.07159
TP 2: 0.06754
Good luck
#JustTradeFxOnline
Thanks for your love and support.
Don’t forget to like and comment for more.
WE COULD HAVE A SELL ON AUD/NZD!!Price failed to respect the 4hr trendline after hitter a major resistance level at 1.10000. Price is continuing downward in the counter-trendline. We see that price broke the 1.08250 level and is now in the process of retesting it. We are waiting for a pattern or candlestick formation to form to place our trade. Tp set at 1.07500 because there are a lot of buy orders sitting within that zone due to a 50% Fibonacci line-up.