Audnzdsetup
AUD/NZD IdeaHi guys, I'm quite new to all of this so any feedback or improvements would be very much appreciated!
Here we have the pair AUDNZD and as you can see this pair has support at the 1.03163 area, price seems to be rejecting this area yet again. My thoughts are that this pair will now head north to 1.03634 area where it will create a new LH before continuing on its path down, so wait for the move north to finish and then ride it back down with the MM :)
Cheers guys let me know what you think!
AUDNZD: possible intraday tradeWe would like to show you one intraday trade on #AUDNZD.
1.04577 is a key level: From that price, a big impulse started on the 23rd of December. The same level is point 1 of Fibo Retracements
Sell limit at 1.04577
SL 1.04702
TP 1.4445
Risk: Reward 1:1
As the price reaches TP we usually move SL to the entry point and leave until a Price Action signal suggests to close the trade.
AUDNZD 30MHello traders,
this is an entry long at the green price label,
target at the red up high.
Pip count: +20/-20
Best,
Jay
AUDNZD Analysis: Price may reverse upwardsLately this pair has had a very deep drop in price. It has reached the support line of a rising channel to test it for the third time.
The price is very likely to move towards the resistance line of the channel and of the major falling channel.
Lets wait for bullish reversal confirmations to go long for the pair.
AUDNZD - Long BUY with SL and TP=> AUDNZD: Buy (Long Trade) <=
=> Entry: 1.0460
=>1st SL: 1.0300
=>2nd SL: 1.0150
=> 1st TP: 1.0511
=> 2nd TP: 1.0560
=> 3rd TP: 1.0666
=> 4th TP: 1.0800
=> 5th TP: 1.0950
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AUDNZDHello all...this my personal view for AUDNZD
.
My target is GO DOWN
Red Line = Stop Loss
Blue Line = Target Entry Sell
Green Line = Target Profit
.
Anyway win or loss is your responsibility. I just sharing my trading idea. Thanks :)
AUDNZD downside break quickly runs into a key stumbling blockThe key support level has been a level that buyers have leaned on for possible pullback.
The strong kiwi flows over the past two weeks have been in AUD/NZD as the pair slides back under 1.05 for the first time since August.
watch price action for possible pullback
AUDNZD Analysis: Price at the trendlineThe price has been following both an ascending channel and a falling trendline.
It has previously respected the trendline for four times and has come to test it for the fifth time.
If it bounces off then it will be a good sell opportunity.
Breaking of the trendline will invalidate this idea.
You may share your opinions in the comment section. If you agree with the analysis you can hit the like to show support.
AUDNZD BUY MOVESBIG BUY MOVES COMING AUDNZD
BREAKOUT OF DOWNTREND LINE
ELLIOT WAVE IN MY SIMPLE SETUP
AUD/NZD Broke Out of Channel With A Bullish Candle And Volume We have a interesting setup here on AUDNZD, what we have here is the daily came down to a previous support with a Double bottom, so now we know that we have to be looking only now for bullish reasons to buy unless its breaking down the support,
if you take a look you can see that the market provided us with a nice bullish candlestick formation breaking out of the previous down channel with a increase in volume as you can see, besides all that we are at a pretty weekly low as well.
So in conclusion what we have,
1) Full Body Bullish Candlestick Formation
2) Break Out Of The Channel
3) Increase In Volume
4) Double Bottom Support
Now you have to make the decision if this gives you enough confidence to buy,
don't just jump in out of FOMO, take a few minutes off to assess it for yourself and create a plan, be mindful when you enter the trade.
Happy Trading!!
AUDNZD LONG TRADE SETUP WITH KEY ENTRY & STOP LEVELWith regards to my previous post on AUDNZD, the price seems to has completed the flag pattern and a bullish rally should resume.
There is also a weekly doji price action signal on the weekly chart which is suggesting indecision. However, since our bias is bullish it can serve as a buy signal.
The trading plan here is very conservative as we're putting our stop loss at the major low that will invalidate the bullish scenario with a 1:3 Risk Reward.
Safe Trading!
AUDNZD, forecast on D1-->> strong downward momentum
-->> next daily support as target
-->> long term trade
SELL SIGNAL ON AUDNZD As you can see, AUDNZD Has shown Bearish momentum and currently price is in a small retracement as i would see it to a critical point of resistance that i have marked with the grey horizontal line. From this point, price may continue a potential bearish move to our take profit point that i have marked with the green horizontal line.
Green line- Take profit
Grey line - Entry
Red line - Stop loss
Risk exposure - 1%
Risk to reward - 1:2
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AUDNZD 170 pips short setup - 1:3 risk to rewardI'm not going to enter this trade until i see breakout of the support line. After breakout, i will wait for the pullback and will go short after i see the price-action.
This is a 1:3 risk-reward setup which means a bit risky one. I'm going to risk 2% of my account balance for this trade. There are some strong supports. I may close and re-enter but not sure yet.
Enter: 1.06785
SL: 1.07325 / 54 pips
TP1: 1.06160 / 62 pips
TP2: 1.05890 / 89 pips
TP3: 1.05095 / 169 pips
Note that this is not financial advice.
Trade safe,
Atilla
