AUDNZD - 1H - DOUBLE TOP - SHORT ENTRYIn this chart we see a series of HH & HL and at the top point we spotted a DOUBLE TOP with no new HH. On that basis we have decide to take a short entry.
AUDNZD trade ideas
AUDNZD-Bearish ReversalAUDNZD was in uptrend and printing HH and HL. Now Bearish divergence appears on one hr time frame and first LL is marked. after Bearish divergence, double top formation is formed. if price breaks level of LL, seller will be back into action.
AUDNZD likely for Bearish reversal on 1H/4H timeframesAUZNZD is in uptrend as it is printing HHs and HLs on 1H and 4H time frames. However, it has printed a Bearish DIvergence on RSI along with a Double Top formation on both time frames indicating a possibility of a bearish reversal in the short run. Taking lead from the chart, I have placed my short entry (marked with blue dashed line) on break below the neckline, with SL (marked with red dashed line) just above the last swing high/ double top formation. TP (Green dashed line) has been set with RRR of 1:1.
Happy trading!
AUZNZD - Bullish Trend(AUDNAZD) Australian Dollar is trending against the New Zealand's dollar. Looks like good time to ride the wave
AUDNZD Is Going Down! Sell!
Here is our detailed technical review for AUDNZD.
Time Frame: 6h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 1.077.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 1.073 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUDNZDhello everyone, the price has reached a strong resistance zone as well the resistance trendline... price is following the downtrend pattern, at this point the price is overbought.. the price will likely reverse and test the support or the support trendline if price continues to remain bearish...
goodluck...
AUDNZDAUDNZD is in reversal mode.
Bearish divergence form in RSI.
Maket sentiment also bearish.
We sell short at CMP>
DeGRAM | AUDNZD structe based tradeAUDNZD is currently testing the structure resistance level by completing the AB=CD pattern.
It's decelerating while approaching resistance. It created a divergence at the resistance level.
The market reached the strong resistance level on the D chart.
We expect a sell-off from the resistance.
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AUDNZD: Market of Sellers
The recent price action on the AUDNZD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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AUDNZD - Opportunity for a long ✅Hello traders!
‼️ This is my perspective on AUDNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement to fill the imbalance and then to reject from bullish order block + trendline.
Fundamental news: Upcoming week we have news with high impact on AUD, we will see results of Interest Rate on Tuesday.
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AUDNZD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
AUDNZD Long TradeMARKET PHASE
OANDA:AUDNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 1.07524. Price is now retracing back to this level to meet the demand as we expected. Once price reaches this level, we can expect a strong push upwards in the direction of the larger trend.
TRADE
I will be entering long on OANDA:AUDNZD with the following parameters:
Buy Limit: 1.07524
Stop Loss: 1.07344
Take Profit: 1.07884
AUDNZDAUDNZD is trading in Bullish trend with no divergence at top secondly at 0.618-0.78 fib support AND At horizontal support and making HL
place buy with risk defined below Last low
AUDNZD - Mean reversion to 1.07500
price moved 2std away from mean on VWAP
price moving in rising wedge, looking for PA to move back to average price
fast MA's crossing over... SL set at ~1x ATR
AUDNZD align sign all waves This is an idea of market move. AUDnzd can move long sell after little buy more. Always focus yourself to pick trades
SHORT AUDNZDThe trend line will be violated soon, once that happens we wait for a pullback to the support that will now be resistance and use a 15m timeframe to sport shorting opportunities.
AUDNZDIt's been touching to upper supports for quite some time now and refused to break up. I think it will touch the lower areas now 1.0000
AUDNZD: Potential Sell-Off to 1.06600The AUDNZD currency pair is on a downward trend, with bears targeting the 1.06600 level. This move is being driven by expectations of a rate cut by the Reserve Bank of Australia (RBA) in the coming months. The RBA is under pressure to cut rates in order to support the Australian economy, which is facing headwinds from the ongoing trade war between the United States and China. A rate cut would make the Australian dollar less attractive to investors, leading to a sell-off in the AUDNZD pair.
Traders who are looking to short the AUDNZD pair should keep an eye on the following levels:
1.07000: This is the immediate support level. If this level breaks, the next target for bears will be 1.06600.
1.08000: This is the resistance level. If bulls are able to push the price above this level, the AUDNZD pair could rally towards 1.09000.
Disclaimer: This is not financial advice. Always do your own research before making any trading decisions.
Aud nzd / shortRestistance , techicals signals short. Aroon signals sell and under 20 ema , volume is low
AUDNZD bullish
based on technical indicators and Daily S/R
I am not a profi, it is no professional advice
AUDNZDAUDNZD is trading in strong bullish trend and consistently printing HH HLs. and is about complete ABCD pattern at strong daily support level. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the buy momentum continues the next target could be 1.0770
What you guys think of this idea?
