AUDNZD awesome short! - EQUIY.Dear traders,
So as you can see we expect AUDNZD to go short. We think it will go short because the markt is now in a strong weekly supply zone. If you zoom in on the daily chart you can see we are now also in a strong institutional sell order zone that’s been filled right now.
It will be much clear on the 4h chart, you can see the 4h trendline is been broken en created a nicely “M formation”.
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Audnzdsetup
AUDNZD SET TO RALLY 1600 PIPS IN THE NEXT FEW MONTHSHi Traders,
The AUDNZD set to make a bullish impulsive move in wave (C) of a weekly zigzag pattern.
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The weekly chart () of AUDNZD shows that the decline from March 2011 - April 2015 was a textbook five-wave impulse which supposed to followed by a three-wave correction according to Elliot Wave theory.
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Since April 2015 low, prices had completed a five-wave impulse in (A), a double zigzag in wave (B) and prices are in wave (C) of the supposed three-wave corrective structure.
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Not only that Elliot wave confirm the completion of wave (B), weekly price action also closed as a bullish engulfing bar from a key support level.
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Working down to the H4 timeframe, we can also see that prices have broken out of a descending wedge and resistance level in wave (i). Once the wave (i) is completed, we will look for a three-wave correction in wave (ii) to position ourselves in the emerging bullish trend.
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The overall target for this move is around 50.0% retracement of the decline which lined up with the level where wave (A) equals wave (B).
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I wish you all a fantastic start to Q2.
Veejahbee.
AUDNZD Broke key support. Downtrend in motionAUDNZD broke a key support level AND a key resistance level. Looks to be continuing the downtrend. The pair is up on the day. Waiting until the pair hits the previous resistance level to determine if it will be rejected or break through. If rejected, SL will be above resistance and slightly above trend line, and a move to the support level will be in play...
-StampsFX
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AUDNZD - SWING SETUP - 23. OCTOBER 2018WELCOME TO DACAPITAL TRADING!!
VIP SWING SETUP
4 HOUR
Strong bearish movement and pressure, expecting further drops!
DAILY
Very bearish with a small bullish pullback
WEEKLY
140 Pips drop two weeks ago with a bullish pullback last week
LEVELS
SELL AUDNZD @ 1.07980
SL @ 1.08480 (40 Pips)
TP @ 1.07100 (95 Pips)
RR: 2.35
Be patient about our Swing Setups!
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AUDNZD - long at DailyMonitor 1: Daily is at the Wave IV (UP)
Monitor 2: H4 was dropped to The Zone for a buy of Daily Group
Monitor 3: H1 has a rule symmetry wave VS a long tail candle
Stop loss: equal the double candle and below 120% Fibonacci Extension.
3 targets are calculated by Elliot rule wave
Buy now or buy limited at a half of long tail candle
My Entry is at a half of long tail candle
AUDNZD Long Setup - Confluence on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Sell AUDNZD Based on Bearish Harmonic GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Long AUDNZD Longterm Based on Weekly + 1D Charts for 400+ Pips!!In an ideal world, the AUDNZD would continue another wave of the uptrend and close above 1.10198.
Excuse my purple arrows lol they are for my reference of some S+R that I want to keep an eye on...
On the Weekly, we've been making lower lows since the 6th of April 2015.
More recently on the Daily chart, we've been making Higher Highs and Lower Lows since the 14th of September 2016
We can see clearly on the Weekly chart that price has found + respected resistance on the EMA200 line.
The EMA200 has now dropped below the last higher high, which was recorded on the 13th of March 2017 at 1.10027.
We can see the EMA200, on it's current course is set to be around 1.09170 when we approach our target and so that's our TP.
Stochs has just come out of oversold and our MACD indicator is preparing to complete a bullish crossover on the Daily chart.
We enter low, close to the trend line to minimise risk.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.