AUDNZD is BearishBearish RSI divergence seems to be at play as previous lower highs is broken and as soon as the trendline breaks we can expect more downside movement as per Dow theory. Targets are mentioned on the chart.
AUDNZD trade ideas
AUDNZD POTENTIAL SHORT CONTINUATION OPPORTUNITYHello Everyone!
How are you all?
AudNzd is a pair to watch this week, because it has shaped up very nicely for a bearish trend continuation that we can capitalize on.
So, I will be looking for a bearish continuation because of the following reasons:
1. The overall trend is bearish.
2. The price has formed a continuation structure.
3. The price has approached the value area.
Game Plan:
If the price closes below the rayline with a bearish, impulse followed by a 15mins flag with two highs and lows.
Entry : will look for a risk sell entry within the flag or a reduced risk entry on the breakout of the flag.
#AUDNZD
The range trading ceiling is suitable for high risk and high reward. With the formation of the Wykoff pattern, it can move to complete the pattern.
AUDNZD is showing bearish signalsAUDNZD is showing downtrend signs, rsi shows bearish divergence on hourly time frame shorting is a good option.
Short Term BUY - AUDNZDThis trade will need to stabilize to back up 1.11313 and this will happen very soon before daily candle close in most case.
I just bought.
I'll update as need.
I'll add if it keeps dropping
Cheers.
AUDUSD ready to break the trend lineAUDUSD holding a long position .
[ b]Indicators [/b ]
Multiple test at the support line
Change of character I.e up trend
Strong candle stick formation
Note : the first entry point is at the orange circle indicated on the chart but we will wait for a rejection as indicated which will serve as our second entry level
The most annoying part Traders don't like this going on for a long time , if you agree with me kindly signify
AudnzdDBR quality movement on 1HTF
Opposingline been removed+ Mommentiumline breaks
Down to5min execution with next high zone targetted
AUDNZD - Bullish Trend (Playing Hidden Bullish Divergence)AUDNZD can be seen in a bullish trend with hidden bullish divergence which is regarded as a trend continuation. I have placed a LONG trade and want to test if I have understood the hidden divergence correctly.
NZDAUD - Bullish DivergenceIts forming a bullish divergence, Lets wait to break the LH and form HL and change the trend.
AXY indices is still on an upward movement but losing momentum
ZXY indices is still in range bound but moving towards resistance.
Expect a breakout
Key levels are defined
AUDNZD: Sentiment Persists Move UpAUDNZD has rallied into MON as expected and noted prev.
Stronger AUD VS RBNZ Weakness (dovish inflows) is driving it further and further above local highs.
Good chance to see higher, but too late to buy. Only considering catching light short falls.
AUDNZD: Bullish Breakout & ContinuationThe AUDNZD pair is currently experiencing a strong uptrend, with the price steadily rising within an upward parallel channel.
After reaching the resistance line of the channel, the price started to consolidate within a narrow range on a 4-hour chart.
However, with today's bullish movement, the price successfully violated the resistance of the range, suggesting strong buying momentum and a likely continuation of the bullish trend.
The next resistance level to watch for is at 1.1164
AUDNZD - Bearish TradeAUDNZD has formed double top reversal pattern.
If price crosses down neckline, sellers will be in control.
Bearish divergence is also observed.
AUDNZD WAIT TO BUYI see in 1D trend is buy, it is now pulling back.
there is fvg below bearish ob.
now, ler us see the way it will play
HEAD AND SHOULDERS AUDNZDHello traders!! If you look at my ideas you will see that I'm planning on selling AUD and this trade is one of them but on this one we don't have too much confluence, we only have a head and shoulders and sometimes that is all you need.
Make sure you put your Sl behind the right shoulder:)
AUDNZD - Opportunity for a long trade !!Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. I expect price to make a retracement to fill that huge imbalance lower and then to reject from bullish order block + institutional big figure 1.10000.
Fundamental news: Upcoming week on Wednesday (GMT+3) we have news on NZD, we will see results of CPI and on Thursday (GMT+3) we have Unemployment Rate on AUD, news with high impact on currency.
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AUD____NZD-----Bearishshort entry from with proper
break of support
trendline break and Fib 0.6 level be carefully reversal
not easy to catch with
proper breakout we will catched it
1.divergence
2.trendline break
3. support break
4.Fib 0.6 level break
when above mention points meet then i will take short entry
How To Spot Levels For Entries (Dip Buying/Pop Selling)AUDNZD has seen a rally on a more hawkish RBA VS a recent dovish RBNZ News Sentiment.
There has also been little kickback after the latest rally and price is stalling.
Digesting sentiment and planning price action level entries therefore is beneficial.
AUDNZD on the riseAUDNZD is rising on hourly time frame, price is currently in correction mode good opportunity to buy at current level with risk to reward is 1:2 .
AUDNZD - SHORTThere isn't so much here other than price hitting 61.8% Fib level from 1.14905 monthly high of 1.11004. A strong level to sell with a small risk to high potential reward.
AUDNZD Trading Signal: SellDirection: Sell
Enter Price: 1.09817
Take Profit: 1.09611667
Stop Loss: 1.09970667
This forecast is made using the strategy EASY Quantum Ai, which analyzes multiple market factors to provide valuable insights into the potential direction of the currency pair.
Analytical Factors:
- Technical Indicators: Recent technical analysis suggests a downward trend in the AUDNZD pair, indicated by moving average crossovers and RSI levels entering the overbought zone. There appears to be strong resistance around the 1.09970 level, which could limit upward movement and increase the likelihood of a downward correction.
- Fundamental Analysis: Macroeconomic indicators support the bearish outlook. Recent economic data from New Zealand has shown relative strength in GDP growth and employment rates, whereas Australian figures have been less promising. This divergence in economic performance often leads to a stronger NZD relative to the AUD.
- Market Sentiment: Trader sentiment, as gauged through various platforms and trading volumes, predominantly leans towards selling AUDNZD. This consensus further aligns with the downside potential projected by our strategy.
Based on these analyses, entering a sell position at 1.09817 is advised, with a take profit target of 1.09611667 to capitalize on the anticipated downward movement. The stop loss is set at 1.09970667 to manage risk and protect against unexpected market reversals.
Trade responsibly and always consider multiple factors before making trading decisions.
BULLISH AUDNZDSorry Tradingview Family I forgot to post this idea sooner but on my analysis Sunday EST before the market opening I saw a bullish engulfing candle on the one-hour which turned out to be a part of a double top formation that eventually gravitated to the downside for a retest of the double bottom neckline which resulted in a quick trip to the moon currently running in profit
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