Audnzdsignal
AUD/NZD - price returning to weekly resistance now support?AUD/NZD price has today returned to a significant technical zone - the upper boundary of the weekly descending trend channel that has kept price in check for the past six years. Price broke to the upside from this channel in Early-August, which may signify a reversal in overall trend. However, price has performed breaks to the upside previously, only to then return back to the trend channel. Nonetheless as price action has returned to the upper boundary, we will be looking to see whether price action shows strong rejection on the daily timeframe, in which case we will enter long with an target of 1.095.
If price breaks back into the weekly trend channel, we will then starting looking for potential short entries, to catch the ride back down to the lower boundary.
AUDNZD shortMonthly
1 touch 2 touch makes a trend line
3rd touch usually completes the trend
Weekly
1 touch 2 touch makes a trend line.
3rd touch to complete the trend.
1. Market has reached psychological level
between 1.09100 and 1.10000.
2. Looking for 1 more weekly rejection candle to
support bearish momentum to the down side.
3. Looking for confirmation in the lower time
frame to take a sell.
4H
1. Waiting for price to retest 1.09500 or break up
and even get to 1.09600 and create a zone to
break out off heading down
2. If price respects 1.09500 and rejections candles
are created will be looking to take a sell down
to 1.08200
AUDNZD at Resistances! SellEntry at market 1.0866
Stop at 1.09
Profit towards 1.071 and 1.06
DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
AUD/NZD Wave Analysis in a long-term bear cycle.
It is currently in its second leg of wave B.
Further, it resembles a flag formation and is coming down after hitting the upper parallel.
Hence, we expect the pair to be bearish and move to the lower parallel from here.
Forex AUD/NZD sell signals on W1AUD/NZD, weekly timeframe: 2,5 years old resistance line + Hidden divergence + Shooting Star + Inside Bar
AUDNZD - SELLThis pair is a bit of a mess.. we can see that price broke support and was pushed back up a little by the buyers.. the sellers forced price to break support so its safe to say we are setting up for a sell
I am waiting for confirmation before jumping in as price could float about before dropping
AUDNZD - SELL
SL - 1.07165
TP - 1.04209
AUDNZD - SELLOnce support has been broken and there is confirmation then we will sell to the green area
As we can see from this chart price broken through once but quickly shot back up past support.. I am waiting for a clear signal before entry
AUDNZD, SELL on Daily- 1.0885-1.0850 is a strong resistance zone. price already showed rejection from the resistance zone. "Bearish pinbar" on weekly chart is our confirmation for sell.
- If it breaks below 1.0645 level which is recent support then, our sell target would be 1.0350
- Price may again retest the resistance before falling.
AUD/NZD, buy a bullish breakout of the Key LevelWe are looking for entering a long position after breaking the trendline. If we will be able to break the Key Level, we would be placing buy entry.
AUD/NZD, expect massive meltdown of the priceAUD/NZD is showing weakness breaking all H1 support areas in its way. We are placing the first target at a strong key level and second one at trendline combined with key level support area.
AUD/NZD TRADE LONGHI
The AUD/NZD has reacted to its support level and will move upwards.
HAVE A GOOD DAY.
audnzd short setupbearish Bat pattern. it will make me more bearish if it can make a retest to the trend line.
AUD/NZDThe AUD / NZD reacted to its resistance line and will go down as far as we know
And it's the best time to trade.
GOOD LUCK
AUDNZD potential reversal! AUDNZD expected to rise up to 1st resistance at 1.03601 where it could potentially react off and drop down to 1st support at 1.011357.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
