AUDNZDPotential Short entry at the break of the current Low, and sl above the previous major high with 12 Pips, I would be going Breakeven and taking partials at 1-1 (12-Pips), Final target would be 24 Pips
AUDNZD trade ideas
AUDNZD - Fibo Retracement TradeA clean pulse is followed by a clean retracement of all same color candles. After Fib(0.318) retracement, price went back to Fib(0)level. I'm waiting for the 1H candle to close above Fib(0) level and I will enter at retest of Fib(0)
AUDNZD: Falling WedgeAUDNZD is trading in bullish falling wedger, there is diversion on RSI, the breakout from falling wedge can trigger the price and we can take entry for bullish ride.
AUDNZD: Channel Down top rejection.AUDNZD is marginally bullish on its 1D technical outlook (RSI = 58.715, MACD = 0.003, ADX = 36.182) as it started pulling back after the price got rejected at the top of the June-initiated Channel Down. All same RSI based pullbacks hit at least the 0.618 Fibonacci level and declined by at least -2.62%. Under those conditions, we are short on AUDNZD, targeting the closest of the two levels, the 0.618 Fib (TP = 1.07200).
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PURGE AND REVERTICT PURGE AND REVERT STRATRGY ON AUDNZD, its a strategy that i have used personally for the past two years taught on youtube by ict micheal huddleson himself. if you would like more plese let me know
BUY AUDNZD for uptrend continuation BUY AUDNZD for uptrend continuation
STOP LOSS : 1.0865
There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) .....
The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward from here .....
TAKE PROFIT : take profit will be when the trend comes to an end, feel from to send me a direct DM if you have any question about take profit or anything
Remember to risk only what you are comfortable with…….trading with the trend, patient and good risk management is the key to success here
DeGRAM | AUDNZD pullback from the trend lineAUDNZD is moving within the descending channel between the trend lines.
The chart instantly bounced lower after reaching the dynamic resistance level.
The price formed a bearish takeover.
We think that the price will correct from the resistance before continuing the momentum.
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$100k Challenge - AUDNZD Short - E4 T2Hey everyone!
We have a new trade for the challenge!:D
In today's trading session, I noticed that AUDNZD is showing strong signs of a reversal, specially considering that we just rejected a few days ago a quite old resistance that comes way back from October 2023. After which the market is making a retracement that sent the Stochastic in H4to the overbought area, which grabbed a lot my attention.
Then, in the H1 chart, we can see that the market has formed a resistance area that was rejected with a quite strong bearish momentum, so I checked a smaller time-frame to zoom-in to the recent price action, which revealed that the recent retracement started to show significant bearish price action, leaving a Doji bar right at the resistance, followed by a candle with a close below the Doji's low, which gave me the green light to execute the trade.
Since we're quite close to the resistance, I see this trade as a bit of a risky move, so I left the SL 1 ATR above the last H1 high (main Idea's chart), and the plan is to consider taking the entry again around the H4 resistance in case we get stopped out in case we do see a valid entry pattern.
Regarding profit targets, I'm taking a slight deviation from the usual plan, as I'll leave both TP open, since if we take a look at the zoomed out H4 chart, there is a massive potential for the trade in case the market indeed goes through a bearish shift.
Anyways, I hope you enjoyed today's trade! Remember to follow so you can stay up to date with the trade ideas!
Until the next trade:D
Sell AUDNZDAudnzd is making a Flag pattern that has been broken. trend is going down and sell is active.
AUDNZD - In Preparation for next big moveAUDNZD is currently trading in range after a big fall. Market is currently uncertain of its next major direction. Stop order have been placed for potential breakout movements.
AUDNZD is moving in range.AUDNZD is moving in range so using support and resistance lines we can put pending orders for two cases either it breaks support or resistance.
AUDNZD mushrooming shape for shortascending channel broke downside. supply zone: 1.0900-30. stop loss above inside bar. target: 1.0810.
AUDNZDLately on AUDNZD we have been witnessing a bullish movement which was a scheme to take out the previous yearly high, and we have reversed back into the range and we are hoping for a bearish movent
AUD/NZD +50 Pips 0 Drawdown , New Entry Valid After D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Can we SELL now❓"The AUD/NZD currency pair has been exhibiting a downward trend in recent trading sessions. This decline can be attributed to several factors, including weakening economic data from Australia, particularly in sectors such as manufacturing and exports, as well as a strengthening New Zealand dollar fueled by positive economic indicators and rising commodity prices.
AUD/NZD Short idea(4/16/2024)Today after China's economic data, the Market is betting dovish on AUD.
We believe the price has made an ABC correction and it likely started the C wave.
Our technical view has been shown in the chart.
If you like it then Support us by Like, Following, and Sharing.
Thanks For Reading
Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
AUDNZD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDNZD next move:
The asset is approaching an important pivot point 1.0897
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0907
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDNZD - Stop for a BreakThe AUDNZD pair seem to take stop after its bullish run. Now the pair is currently in rangbe bound situation and can break away either down or up. Both position are mentioned and entry can be take according to your own bias of pair
AUDNZD Ichimoku SetupAfter a failed short, Ichimoku now looks bullish, lets try to get a quick movement out of the market.
Fading Aussie strength (Apr 10)Fundamentals & Sentiment
AUD:
Australia has beaten its neighbor in terms of robustness of the economy, with Services PMI and Avg Cash Earnings sustaining upward momentum best. Such economic performance also translated into better GDP QoQ growth paving the way for AUD to outperform NZD for the last 2 months and propelling the pair higher. It's also vividly reflected in expected rate differentials.
NZD: The rate decision is supposed to clear the air around further outlook on NZD, giving the room for market internals to play out, while AUD bulls should be attracted to takes some profits, correcting the uptrend.
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 4h
Medium-term: UP
Long-term: Uptrend
Min target: support
Risk: 0.25%
Entry: Limit
AUDNZD: Bearish Continuation is Highly Probable! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDNZD chart which, if analyzed properly, clearly points in the downward direction.
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AUDNZD - Short So on this pair I am short for now. We have broken out of the trend and are now pulling back. We have pretty much reached the 0.618 so this is my entry for the short. Once this has completed I will be looking at taking this long using the same Fib strategy but on a higher time Frame. But lets see how it looks closer to the time.
