Main reason is we have broken the monthly pivot line on the daily, 200 MA crossed on the 12, Strong bullish flag and inverse head and shoulders on the 4 hour suggests a continuation. Overall market direction is also bullish, which is inline with our overall analysis. ✅📊
Hey Traders! I believe AUDNZD has the potential to head further up to at least retest the previous area of resistance, nice wedge + double bottom confirmed should continue with the overall market trend.
Hey Traders! I believe AUDNZD is a great buy for several reasons. - Overall market direction is bullish. - 4h Falling wedge for minimum 20-30 pips take profit - Hedgefund are increasing buying power for AUD while selling off NZD - Candlestick are above 2 important moving averages. - There's space for bullish movement until it reaches the first barrier...
We can see another rejection from the 1.0915 level, making this a local triple top, I think we will break this and move higher in the coming weeks, however expecting a short term retracement first, to around the 0.5% Fib.
Australian Dollar/New Zealand Dollar was able to break the support zone, and we are watching a pullback to this zone. I expect Australian Dollar/New Zealand Dollar will go down at least to the next support zone. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to...
After the Australian Dollar/New Zealand Dollar was able to break out of its descending channel, it has taken an upward trend. This upward trend can go up to the zones I marked in the chart. Currently, the Australian Dollar/New Zealand Dollar has broken the resistance zone and pulled back and is growing towards my targets. 🔅Australian Dollar/New Zealand Dollar (...
The Australian Dollar/New Zealand Dollar is running near the support zone and lower line of the main ascending channel. Also, it seems the Australian Dollar/New Zealand Dollar completed the 5 impulsive waves. I expect the Australian Dollar/New Zealand Dollar will grow up at least to the upper line of descending channel. 🔅Australian Dollar/New Zealand Dollar (...
After a fake break breakdown, it seems the Australian Dollar/New Zealand Dollar breaks(valid) the descending channel this time. I expect the Australian Dollar/New Zealand Dollar to grow at least until the resistance zone in the coming days. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD ) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For...
Australian Dollar/New Zealand Dollar succeeded in making Bullish a 🦇Bat🦇 Harmonic Pattern near the trend line. I expect the Australian Dollar/New Zealand Dollar will go UP at least to the resistance zone. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to...
The Australian dollar has hit a significant historical resistance level after a bullish rally in the form of a wedge and is preparing to start a bearish rally.
Basic trade setup, who knows might go in my favor bla bla bla (trendingview wont let me post until the post has more characters)
NZDAUD has been trading within a long-term Channel Up since the August 18 2020 market low. As you see on the 1D time-frame, a Death Cross is about to be formed, which is when the 1D MA50 (blue trend-line) crosses below the 1D MA200 (orange trend-line). Even though this is a selling pattern, last time it emerged on March 10 2021, the pair made a bottom straight...
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NZD/AUD 🇳🇿 🇦🇺 has been testing the Upward channel's Resistance. We can see the bullish signs from ROT and MACD and the Bearish Engulfing , so we can expect the slight decline and the bounce from the channel's midline area. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️...
Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work. NJ showing a perfect strucuture and approached a very strong resistance level. Expecting a reversal on this point. Sketch up your own trade setup and make sure you meet with the required...