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After our last analysis on this pair we check what we expect next from AUDNZD pair. The price has been moving inside a descending channel. After breaking the resistance at 1.08300 price tested the support at 1.07800 and retest the upper structure. Recently the market created a spike till exactly the 0.618 fib level of the previous upper leg before going back over...
The market has been on the lows for a long time and could never break the weekly support. After a break on the daily discending channel price has moved in a higher low higher high pattern and now testing the resistance structure. If the daily candle will manage to break and close above the structure we can set a nice long order according with our strategy. ...
On the daily chart NZDCHF got rejected by the trendline and started a retracement move till the 0.382 fib level. Market hit the daily resistance and in now turning back for the bullish trend. If the market will break below the lower structure we can set a nice short order according with Plancton's strategy ––––– Follow the Shrimp 🦐 Here is the Plancton0618...
The market after a long downtrend found a bottom on the weekly support structure. After creating a double bottom on it price has now moved up, cutting the EMA 21 and testing the daily structure in blue. If the market will manage to break and close above it we can look for a nice long order with a first tp around 1.67400 area. ––––– Follow the Shrimp 🦐 Here is...
cyper 4 hr audusd nice risk reward at market
Found support at daily structure and broke above the double bottom, which signals that we are back in bullish trend. Also got a nice cypher pattern on the hourly timeframe. Trade your personal plan! Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl