NZDAUD trade ideas
AUDNZDIt's liquidity zone and i see the oportunity.. Low risk/ ratio: 1:17..
10 PIP SL : 220 TP
Mitigation Zone 100%
AudnzdHey beautifuls.hope all is well . Do you think its a solid long or what?? Manage your risk , aand have fun
AUDNZD Reversal expected. Cyclical bearish signal emerging.Has been a while since we looked into the AUDNZD pair, following our Sell Signal on November 16 2023 (see chart below):
The price has now reached the 1.093250 Symmetrical Resistance, which has basically only broken once in the last 12 months. Ahead of a potential 1D MACD Bearish Cross, we see a high resemblance of the current High with the June 20 2023 peak.
As a result, we are turning bearish on this pair, targeting the 0.618 Fibonacci retracement level (as the July 14 2023 Low) at 1.07100.
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AUDNZD 📉 Trading Idea ✔Hey everyone!!! 🙌🏽
This pair is now at the essential zone and we will take action after the confirmation.
I am mostly bearish about this pair for short period of time next 1 to 2 weeks.
Good Luck to All!!! ❤
✅AUD_NZD SHORT FROM RESISTANCE🔥
✅AUD_NZD is about to retest a key structure level 1.0940
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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AUDNZD | Hidden Bearish Divergence | Harmonic Bearish Shark The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which also serves as an Order Block (OB). This action confirms the bearish OB and all these indicators collectively suggest a shift in the trend to a downtrend.
In technical analysis, a Harmonic Shark pattern is a specific type of harmonic pattern that signals potential trend reversals. The completion of this pattern at the PRZ indicates an area where traders might anticipate a change in the current price direction.
A hidden bearish divergence occurs when the price forms higher highs, but the corresponding indicator (such as the Relative Strength Index or RSI) shows lower highs. This suggests underlying weakness in the upward momentum, potentially leading to a reversal.
The concept of an Order Block (OB) refers to a significant level of support or resistance where institutional traders have previously entered the market. When the price approaches and reacts to this level, it can confirm the strength of the OB.
On the 1-hour time frame, also there is a hidden bearish divergence, and the Previous Day High (PDH) liquidity has been taken. Whenever the PDH is breached, a pullback to the downtrend is often observed. Additionally, the trend line on the 1-hour time frame has been broken, and the price has retested this trend line. According to Dow Theory, these indications suggest a shift in price behavior from forming higher highs (HH) and higher lows (HL) to forming lower highs (LH) and lower lows (LL).
On the daily time frame, the price has tested a strong resistance zone and is rejecting from its peak resistance level bearish OB. Overall, the daily chart appears bearish, indicating a potential trend change. Additionally, there is a trend line liquidity that needs to be breached for the price to move in either direction.
In summary, the combination of the Harmonic Shark Bearish Pattern, hidden bearish divergence, and interaction with a higher time frame to lower time frame strong daily resistance zone (Order Block) suggests a strong indication of a potential shift from an uptrend to a downtrend in the AUDNZD pair. However, it's essential to conduct comprehensive analysis and consider other factors before making trading decisions.
DeGRAM | AUDNZD decreasing volatility in the channelAUDNZD instantly reacted with a decline upon reaching the dynamic resistance.
The volatility of the movement decreased, forming an ascending wedge.
We expect a sell-off from the resistance, a retest of the support level, and a 38% retracement level.
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#AUDNZDDue to the price entering a range higher than the previous major wave, it can form the above pattern.
AUDNZD Bullish TrendTrade Type: Buy Limit
Entry Level: 1.09069
Stop Loss: 1.08931
Take Profit: 1.0921
Risk-to-Reward Ratio: 1:1
Here are a few observations:
Entry Level (1.09069): This is the level at which you intend to enter a buy limit order for the AUDNZD currency pair, anticipating a bullish move.
Stop Loss (1.08931): The stop-loss level is set at 1.08931, which means that if the market moves against your trade and reaches this level, your position will be closed to limit potential losses.
Take Profit (1.0921): The take-profit level is set at 1.0921, indicating the price level at which you aim to exit the trade and secure potential profits if the market moves in your favor.
Risk-to-Reward Ratio (1:1): The risk-to-reward ratio is 1:1, meaning that the potential profit (from entry to take-profit) is equal to the potential loss (from entry to stop-loss). This ratio indicates a balanced risk-reward scenario for this trade setup.
AUDNZD: Growth May Continue 🇦🇺🇳🇿
AUDNZD broke one more horizontal resistance last week.
I think that the next goal for the buyers will be 1.0935 level - the next historical structure.
I will expect a bullish continuation to the underlined yellow area.
❤️Please, support my work with like, thank you!❤️
AUDNZDIs AUDNZD exhausting at resistance zone?
As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start.
If the bears took control , the 1st target could be 1.0860
What you guys think of it?
AUDNZD LONG IDEAGood Day everyone, here is an idea for a Long opportunity! Price has reach EMA and we will expect the price will continue going up.
Long now for a good 1 to 2 RR.
so far we are at -6R(March)
JAN (6R)
FEB (1R)
AUDNZD MARKET OUTLOOK 01-04-2024📊 Dive into the world of forex trading with our latest video on the AUDNZD current market outlook! Join us as we analyze the Australian Dollar (AUD) against the New Zealand Dollar (NZD) pair and provide you with valuable insights into the current market trends, key support and resistance levels, and potential trading opportunities.
Whether you're an experienced forex trader or new to the market, this video offers essential information to help you make informed trading decisions. Our expert analysis will guide you through the intricacies of the AUDNZD pair, allowing you to identify potential entry and exit points, manage risk effectively, and optimize your trading strategy.
Don't miss out on this crucial update on one of the most prominent currency pairs in the forex market. Watch now and equip yourself with the knowledge to navigate the forex market with confidence!
Remember to like, subscribe, and hit the notification bell to stay updated on our latest market analyses and trading tips. Let's conquer the forex market together and achieve trading success! 🌐💹
AUZNZD - Bullish TrendAustralian Dollar is printing bullish trend against New Zealand Dollar on the chart.
AUDNZD looks strong bearish AUDNZD looks strong bearish we can see bearish divergence that's why its looking bearish .
what do you think?
AUDNZD - Trend Reversal Around The Corner!- Pair is currently making HH and HL showing classic up trend.
- Last impulse limb went from 1.08628 to 1.09155.
- Since, price has retraced to almost 0.618 Fibonacci retracement value making HL of 1.08838.
- Price has completely retraced to trend line
- Bullish confluence is observed by price moving to 0.618 fib level and touching trend line
- Bearish divergence has been identified from last two HH, with prospects of change in trend more evident.
- Wait & See should be observed at this point, till market responds to bearish divergence
- No trades should be taken at this moment
AUDNZD BUYSHello traders, as we take a look at AUDNZD, we are currently in a bullish trend, I am expecting price to continue bullish for new highs off of this demand zone. We should stick with the trend until it is broken. Good luck traders, be sure to use proper risk management
