Audnzdshort
AUDNZD Short-term Elliot Wave Bearish OutlookIn the AUDNZD chart above, the price moved down in five waves from the high. According to Elliot Wave theory, a three-wave correction follows every impulse ( five-waves) pattern.
In AUDNZD's case, the subsequent move took the form of a w-x-y double zigzag pattern which means that an impulse-corrective cycle is completed.
We can now expect the price to continue in the direction of the impulse move.
What's your thought on AUDNZD?
AUD/NZD forming a triangleThis triangle is signaling us that there is indecision between Buyers and Sellers. They can deicide where the price will go. Right now and maybe even in next couple of days we will see this ranging to continue. However sooner or later we predict that either Bulls or Bears will take advantage of one another. This could be a nice trading opportunity for next week.
We have put Alerts on both directions and when one alert is triggered then we will make a decision.
Follow this idea and don't let good trade to go without you :)
Let us know what you think about this idea and don't forget to follow us for more ideas :)
Good luck !
AUD/NZD Possible Head & Shoulders pattern emerging.We have a chance to see Head & Shoulders pattern completing if the price will drop down of possible Right Shoulder. We have opened pending SELL orders right a the top. Let us know what you think about this pattern.
AUD/NZD SELL Opportunity, Next Target 1.0350 AUD/NZD Sell Near From 1.0630/50 Area
SL: 1.0830/50
TP: 1.0350
#AUDNZD - Short if i get a bearish impulseIf price can somehow give me a bearish impulse move... I will wait upon a correction before looking to go short
Short AUDNZD @ 1.0670, Target 1.00Weekly channel trendline resistance. AN should head back to parity in my opinion.
AUDNZD Possible Shortas you can see AUDNZD has formed a left shoulder, a head and has formed part of the right shoulder. This is a reversal pattern if fully formed at the top of the bullish run.
AWAIT completion of the head and shoulder formation, followed by a neckline break which will also be a trendline break followed by a retest and rejection. Engulfing candle to go short
AUD/NZD : Potential SHORT OpportunityI am expecting downfall as per chart pattern.
sell at current price,
Thankyou
AUD/NZD - Head & Shoulders PatternPrice has formed a left shoulder, head and now right shoulder
6-Month High Resistance Level has been rejected by price after small fakeout
Initial resistance has rejected price to push further, indicating strong reversal
AUD/NZD : Watch Correction and Keep SELL We can see continue downfall after Complete BearFlag Pattern.
ThankYou
AUDNZD ShortParallel descending channel. Tensions between Australia and China over the coronavirus will affect AUD badly since Australia heavily relies on China for its own economy. Confluence is seen across all AUD pairs. TP to the historical low.
The markets trade money between the impatient and patient If its not touching that red line then I don't want the sell, far to early to sell for me yet, rather miss a trade and watch in unfold to my analysis than jump in early with a whack entry increasing risk.
lots of people liking and commenting, check out my recent oil idea and give us a follow!
AUDNZD - Potential winning trade for late comers!OANDA:AUDNZD
The price has already reached the resistance line for the 3rd time. To those who were late for this opportunity, what I can advice is "Never chase this trade", because the price is already far from the resistance line.
So here is the best way to enter this potential trade - wait for it to break the daily support line (Yellow Line). For better confirmation, much better if it broke at least 10pips away from the support before entering the trade for better confirmation. You can choose the right TP level basing on your risk appetite.
AUD/NZD PULL BACK TO A POSSIBLE LONGAUD/NZD has been in a bullish trend since RBNZ forecast rate cuts -0.50%, There is a small pullback trend showing ahead.
I don't see it breaking the support levels. It looks like it will break out after the short pullback.
SHORT
Entry: 1.07200
TP 1: 1.07150
TP 2: 1.07100
TP 3: 1.07065
LONG (AFTER PULL BACK)
Entry: 1.07620
TP 1: 1.07900
TP 2: 1.8000
TP 3: 1.8400
Good luck
feel free to comment your views.
