Audnzdsetup
AUDNZD at Resistances! SellEntry at market 1.0866
Stop at 1.09
Profit towards 1.071 and 1.06
DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
AUD/NZD: New Analysis + Skills On How To Use The Trend To Enter 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.
AUD/NZD Wave Analysis in a long-term bear cycle.
It is currently in its second leg of wave B.
Further, it resembles a flag formation and is coming down after hitting the upper parallel.
Hence, we expect the pair to be bearish and move to the lower parallel from here.
AUDNZD - SELLThis pair is a bit of a mess.. we can see that price broke support and was pushed back up a little by the buyers.. the sellers forced price to break support so its safe to say we are setting up for a sell
I am waiting for confirmation before jumping in as price could float about before dropping
AUDNZD - SELL
SL - 1.07165
TP - 1.04209
AUDNZD - SELLOnce support has been broken and there is confirmation then we will sell to the green area
As we can see from this chart price broken through once but quickly shot back up past support.. I am waiting for a clear signal before entry
AUDNZD, SELL on Daily- 1.0885-1.0850 is a strong resistance zone. price already showed rejection from the resistance zone. "Bearish pinbar" on weekly chart is our confirmation for sell.
- If it breaks below 1.0645 level which is recent support then, our sell target would be 1.0350
- Price may again retest the resistance before falling.
AUDNZD BEARISHAUDNZD BEARISH please leave a follow and like if you find it useful and I will keep posting for you guys!
AUDNZD short term bearish;can retest 1.0540 level AUDNZD has reached to the top of the channel and needs a retest of 1.0540
I am short term bearish as it is under negative divergence with a bounce lower from the critical resistance.
The first level to the downside is 1.06650 followed by 1.0540
Please note that it is a short term bearish idea which will be invalidated if the price breaks above the resistance at the top of the channel
around 1.0880 - 1.0900
AUD/NZD, buy a bullish breakout of the Key LevelWe are looking for entering a long position after breaking the trendline. If we will be able to break the Key Level, we would be placing buy entry.
AUDNZD watch price action on the key area (blue box)
price is looking to retest that area (previously resistance, now acts as support)
watch for confirmation and possible long entries on lower time frames.
AUD/NZD, expect massive meltdown of the priceAUD/NZD is showing weakness breaking all H1 support areas in its way. We are placing the first target at a strong key level and second one at trendline combined with key level support area.
audnzd short setupbearish Bat pattern. it will make me more bearish if it can make a retest to the trend line.
