Audnzdsignal
AUDNZD top-down analysis, UPDATED!!Hello 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 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 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
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Have a Profitable Day
Aud/Nzd setupOn 1 hour timeframe Audnzd recently broke the descending channel and currently in a Subminuette-v within Minuette-i. I'll be looking for slight correction, maybe near 50% fibo level to complete Minuette-ii. Then I'll be waiting for a convincing impulse back up. Since it is Minuette-iii, I like to keep my target near 1.618 extension which is also a daily resistance, 1.0940. If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. If there's any ambiguity then I will not place this trade.