Audnzdsignal
AUDNZD: Revival of the AUD Strength?AUDNZD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price close to Long Term Support Trendline (since 2015)
- Price at Resistance Line of Parallel Channel
- Price at 78% Fibo retracement levels of previous Low to High
- Stochastic Oversold momentum (W1, D1, H4)
Suggested Trade:
Entry @ Area of Interest 1.0585 - 1.0640
SL: 1.0541
TP: 1.0800
RR: Approx. 2.50 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
AUDNZD Long Setup - Confluence on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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AUDNZD Unexpected Bollinger Band SpikeHi traders,
A long wick has been left outside of the Bollinger Band, wonderful spike with the Bollinger Bands having the perfect angle. I entered the trade as soon as the candle closed with my profit target set at the 50% Fibonacci level. If the next candle goes against me, I will be closing the trade, otherwise I will put it to break-even. We have a slight divergence as well.
(This is not a trade recommendation!)
Sell AUDNZD Based on Bearish Harmonic GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Buy AUDNZD Short Term Based On Falling Wedge Reversal Pattern H4Here is another scenario if we adjust our wedge a little - the break will confirm which way we go.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short AUDNZD Short Term Based On H4 Time Frame BreakoutThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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AUDNZD Daily EntryHi traders,
Spotted a very beautiful setup on the daily AUDNZD chart. Here's the deal:
The price trended up nicely with gorgeous swings, respected the 20-period moving average (20 SMA), made a double top (showing trend weakness) and broke with a strong bearish momentum the 20 SMA and the flipzone (= Support and Resistance area).
The Friday close allows me to enter on Monday market open as long there is no huge gap or anything similar.
2nd green rectangle shows the first trouble area where price might reverse again - it is up to you if you take your profits there or let it run. I am aiming for the bottom rectangle which, in my eyes, represents a stronger trouble area.
As always, stay patient and keep a strong money and risk management as even the best setups tend to fail.
Happy next week :)
Long AUDNZD Longterm Based on Multiple Timeframes - 400pipsWe were long on AUDNZD from 1.03 and hit our TP yesterday at 1.09 where we touched the EMA200 as expected on the weekly time frame, however, the recent bullish move has shown strong signs of even a further bullish move and I cannot resist to re-entering, even if it is a Thursday evening before the last Friday of the month + Bank holiday weekend!!
A closer look on the daily time frame shows we have successfully broke through a key resistance level . Zooming in to the hourly charts, we can see price was in a consolidation zone since yesterday morning and has now broke out above with another strong leg up. We are aiming for 1.10+ with a potential target of 1.13x for 400pips.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.