Audnzdshort
AUDNZD: my fully explained strategy (LIVE)Hi Traders,
This is my view on this pair for the next days on #AUDNZD
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pit from Trading Kitchen
AUD/NZD New Short Setup After Daily Closure For ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDNZD TO CONTINUE TO THE DOWNSIDEAs the downtrend continues, we could expect more sells from this pair.
We just closed below this key level of support.
We need to see clear rejections to kick us in for sells.
We'll step in on the lower timeframes to look for short opportunities.
Targets would be a new low along the trend.
audnzd sellaudnzd sell :
Reasons :
1)my ema lines crossed each other indicating an upward trend
2)nice breakouts at support levels which are marked as blue rectangles
3)breakouts are the same pattern indicated by orange rectangles
4)pattern trading
take profit : green line
stop loss : red line
risk/reward ratio : 8.55
the stop loss if very less as there is confirmation for us so only 5pips below the previous candle
AUDNZD IN A CORRECTIVE CHANNELJust like our last analysis stated, we saw price fall after testing the last area of resistance.
We can now see price move in a corrective manner to the downside.
Since price is still below the resistance, we can play the channel, taking sells when price reaches and rejects the top of it.
Sells remain in position until the area of resistance is broken.
AUDNZD - BEARISH BIASAUD - Bearish
1️⃣ Victoria has announced to extend its lockdowns.
2️⃣ AUD depressed amid new US-China tensions after the Biden administration issued sanctions related to Hong Kong.
3️⃣ The risk-off environment in the market usually pressure on high-beta currencies such as AUD.
4️⃣ Australian retail sales are expected to decline following the lockdowns in the country.
NZD - Bullish
1️⃣ At its July meeting, the Reserve Bank of New Zealand had kept its interest rate at a record low of 0.25%, however it will stop buying on additional assets under the large -scale asset purchase program (LSAP) from 23 July 2021.
2️⃣ The annual inflation rate in New Zealand soared to its highest level in almost 10 years.
3️⃣ Kiwibank predicts that the New Zealand central bank (RBNZ) will raise its interest rates this August, in line with the views of several other large banks in New Zealand.
=====
TECHNICAL
=====
- Intraday setup on H1 chart.
- We're shorting this pair on support breakout.
- Below SMA50.
TRADE AT YOUR OWN RISK!!
AUDNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDNZD After Range Could Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, AUDNZD after breaking below the Bullish flag by several large candles, has been ranging for several hours which is the sign of continuation
⬇️Sell now or Sell at 1.0656
⭕️SL @ 1.0684
✅TP1 @ 1.0617
✅TP2 @ 1.0600
✅TP3 @ 1.0564
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AUDNZD pullback before bearish movementToday the market recorded a double bottom, signaling a pullback towards a critical level for a potential deep downward continuation.
The bulls will find a descending trendline, golden Fibonacci level, and a supply zone at the critical level. An exciting battlefield where bears might gain control of the game and move the price action to the previous support zone. Check on a higher timeframe to get a better picture of the levels involved.
*** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***