Buyaudnzd
AUDNZD Daily cycles and bullish ideaMy idea on this chart is that we are in a bigger cycle which is currently at the the end of an ABC correction. We have had the end of a larger cycle down with divergence and convergence. The recent ABC is either a B wave in a bigger correction or the B wave of an impulse wave up. Either way I would expect to see a push up from this point. See the 4 hour time frame idea for a more recent view.
NR4+NR7 AUDNZDWe're seeing that the last candlestick is sqeeuzing is the smallest of the last 3 and 4, that means we have a reverse
take your stoploss under the the last candlestick
Because we're seeing a fundamental news on NZD in an hour, i am negative to that.
Share your opinion and like thanks
Good luck
AUDNZD LONG TRADE SETUP WITH KEY ENTRY & STOP LEVELWith regards to my previous post on AUDNZD, the price seems to has completed the flag pattern and a bullish rally should resume.
There is also a weekly doji price action signal on the weekly chart which is suggesting indecision. However, since our bias is bullish it can serve as a buy signal.
The trading plan here is very conservative as we're putting our stop loss at the major low that will invalidate the bullish scenario with a 1:3 Risk Reward.
Safe Trading!
AUDNZD - FOREX - 22. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Bearish market open and price action.
4 HOUR
Very bearish market scenario with several breaks to the downside.
DAILY
Bearish waving market at its support now, expecting some bullish pressure now!
-
FOREX SETUP
BUY AUDNZD
ENTRY @ 1.03880
SL @ 1.03540 (35 Pips)
TP @ 1.04460 (60 Pips)
RR: 1.70
Use 1% risk per Position!
(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 - Bullish trend may continue again from crucial 1.0975Here we are on Aussie/Kiwi daily chart and as we can see price is approaching towards the crucial support area 1.0975 which is trend continuation zone as well. we have good confluence factors lining up here such as trend, dynamic support layer and horizontal price level. We will look for bullish price action signals in coming days for getting in longs. Let's see. good trading!