Audnzdshort
AUDNZD - SWING - 24. AUGU. 2020Welcome to our weekly trade setup ( AUDNZD )!
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1 HOUR
Very bullish price action and pressure.
4 HOUR
Jumping on midterm uptrend with good long entries!
DAILY
Overall bullish market in consolidation, looking for another push.
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FOREX SWING
BUY AUDNZD
ENTRY LEVEL @ 1.09650
SL @ 1.09360
TP @ 1.10310
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDNZD REAL DEAL OR TRAP ? BEARISH REVERSALHI HOPE YOU ARE DOING WELL ! I JJST SAW THIS MAYBE DOUBLE TOP FORMING ON THE H1 (MORE VISIBLE ON M15) AT THE PREVIOUS SWING HIGH. THERE IS ALSO A BEARISH DIVERGENCE. HOWEVER, IT SEEMS TOO GOOD TO BE TRUE AND I WOULD BE AWARE BEFORE TAKING THIS TRADE. AS WE ALL KNOW THERE ARE A LOT OF STOP-LOSS = LIQUIDITY ABOVE RECENT HIGHS SO I WOULDN'T BE SURPRISE TO SEE A STRONG PUSH TO THE UPSIDE TO TAKE OUT THIS LIQUIDITY ZONE AND THEN A BEARISH IMPULSE TO THE DOWNSIDE. OR IT COULD JUST BREAK THE NECKLINE OF THE DOUBLE AND CREATE AN IMPULSIVE BEARISH WAVE
I think a reversal is imminentHere is why:
1. Price just made a big rally up and is way overextended on every timeframe.
2. Price has reached a key trendline where it has bounces to the downside before since September 2013!
3. The RSI has reached the indicator strength trendline where it should respect it since this pair likes to form RSI trendlines!
AUDNZD H4 SHORT PRICE ACTION FORECAST With the price unable to break through the supply zone and the bearish divergence from the RSI indicator, we could expect a reversal in the price before any further upward movement.
This pair could experience a healthy technical correction towards the Fib level 5.0 before getting a next impulse to register a new high. The current scenario allows the setup of a short order to capture the correction.
The order:
Type: sell-stop
S/L: 31 pips - R:R | 1:4 -
T/P: Fib golden level
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AUD/NZD entering resistance zone💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
AUD/NZD is entering resistance zone as price is bullish and in uptrend. We might see a down movement at least till MA indicator shown in chart.
Let us know what you think about this idea.
Trade safe !
AUD/NZD STRUCTURE SHORT|
The pair is trading near the resistance of an upward channel, while also having reached a strong horizontal level.
Therefore, the expected move direction is down.
The yellow square indicates the resistance confluence zone.
Keep your sell limits in the square area, and short if the price spikes there.
Thank you for reading, like and subscribe and have a nice day!
AUDNZD - SWING - 03. AUGU. 2020Welcome to our weekly trade setup ( AUDNZD )!
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1 HOUR
Bearish price action right now..
4 HOUR
Overall bullish market formed new highs.
DAILY
Expecting prices to turn bearish now, good short entries!
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FOREX SWING
SELL AUDNZD
ENTRY LEVEL @ 1.07510
SL @ 1.07940
TP @ 1.06870
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDNZD H1 SHORT PRICE ACTION FORECAST -UPDATE-Market bearish momentum was captured yesterday, as shown in the previous analysis. I didn't reach the T/P level, but it was a good entry for a 1:1.7 risk to reward ratio.
Today, after reaching the previous resistance level in confluence with the retest of the ascending trendline, it allows shorting the pair again, with the following setup.
The order:
Type: sell-limit
S/L: 20 pips - R:R | 1:2 -
T/P: FIB level
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*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
AUDNZD Short Opportunity - Catch the DowntrendAUDNZD is traveling in a trend channel that's visible on the 1-hr chart. Price deflected off the upper guardrail today and, as expected, sank lower, solidifying the downtrend. The target for the AUDNZD is the lower guardrail on the channel. Since price is expected to go much lower, now is the time to catch the downtrend. It would be nice to wait for a pull back before locking in a short position.
On the fundamental side, given rising COVID-19 cases in Australia, it is clear that lockdowns will have to be prolonged, and we will likely see more and more cases as the days go buy, leading to worsening sentiment in the AUD. Since New Zealand is doing relatively better in controlling the virus, I expect price will continue in a downtrend for the next few days, though we can expect consolidations and corrections along the way.
AUDNZD H1 SHORT PRICE ACTION FORECAST The price broke the bullish trend after failing to form a fresh HH. The price is under a strong bearish sentiment with the potential to experience a technical correction towards the FIB level from the extension tool. The current price structure allows the setup of a short entry with the following characteristics.
The order:
Type: sell-stop
S/L: 22 pips - R:R | 1:2 -
T/P: Fib level
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*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
AUD/NZD at key resistance💡Hello traders,
Hope you all have a fantastic day !
I would appreciate any likes and follows from this idea, that would encourage me to publish more ideas and analysis.
AUD/NZD has approached key resistance on daily chart. There is a uptrend in play for this pair and price might look for new highs.
Let us know what you think about this idea.
Trade safe !