NZDAUD trade ideas
AUDNZD-TREND CONTINUATIONAUDNZD is in bullish trend as it is priting new HH and HL with no bearish sign and made a continuation flag pattren.
AUDNZD H4 | Falling to support levelAUDNZD is trading at the sell entry, the overlap resistance. It could reverse and fall to the take profit level.
Sell entry will be at 1.06955, the overlap resistance.
Our take profit will be at 1.06472, the swing-low support that aligns with 38.2% Fibo retracement.
The stop loss will be placed at 1.07337, the overlap resistance.
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AUDNZD - 4H - CUP & HANDLE - LONG POSITIONIn this chart we spotted a CUP & HANDLE and we also spotted a Bullish Divergence and expect that we take a decent entry & exits.
AUD-NZD Will Fall! Sell!
Hello,Traders!
AUD-NZD has retested the
Horizontal resistance level
Of 1.0702 and the price
Action looks bearish
So I am locally bearish
Biased and I will
Be expecting a move down
Sell!
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Check out other forecasts below too!
AUDNZD looking good to start bearish runwith bearish divergence and reversal rising wedge pattern making this pair promising to enter in bearish phase.
AUD/NZD Based on the technical analysis and the failure of the resistance at the price of 1.07, the next target will be the price areas of 1.05867 and 1.05695, and since the market always has two sides, it can be said that if the price takes an upward path, the price of 1.0700 will be broken, then we need to see a correction above the 1.070, then we have to find a good place for long trade.
AUDNZD 📈 Long Trade Idea ✔We got in to the accumulation zone and downtrend is broken upwards, at least, first level shown on the chart is most probably the target that the price will reach.
Good luck! 😎🙌🏽❤️
AUD/NZD Head & Shoulders PatternI think the overall path for this pair is looking Bullish however I think a consolidation is likely before the push due to a double top formation, Bearish divergence on the 4H as well as a possible head and shoulders, which would confirm a longterm bullish Bias.
Let me know what you think
AUDNZD NEUTRAL-ranging
-look for trades only above or below the purple zone
-longs will be at the LTL
-shorts at UTL
Strong high volume on low price actionHigh Volume CNDL with a low price has been proven to be attractive for some traders. It seems that the price will be pushed higher within 4/5weeks to test previous highs.
Heavy on the AUDNZD as well,watch for lower timeframeHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watch out Audnzd for a turn. :)
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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Old NewsCaught this play last week. $ coming in a weekly discount level after a liquidity grab from previous swing low
$100k Challenge - AUDNZD Long - Trade Review - E2 T2Hey everyone!
Great news: we have our first winner for the second season of the challenge series!
While monitoring the trade a few days ago, I decided to close half of the trade early and move the SL into profits. This was because I noticed several bearish patterns as we approached the resistance, which led me to believe a resistance break would take more time.
Fast forward a couple of days, bringing us to today's chart; we see an interaction with the resistance that prints a bearish engulfing candle, while the stochastic is signaling a strong overbought scenario with a crossover. Seeing this pattern leads me to close the second half of the trade, effectively closing out the position entirely.
The plan for this pair is to keep monitoring it, as I do consider the stage is set up for a bullish long-term scenario as we continue to develop the accumulation phase (Wyckoff), which can present more trading opportunities, either on another visit to the previous support area or through a resistance break and retest.
Remember to click the nice rocket button and follow me to receive more trade ideas through the funded account challenge journey!
Until the next trade!
AUD/NZD SELL STOP at 1.0662AUDNZD has hit a band of historical resistance that stretches back some distance and is carving out an M-Top pattern with a double top.
If the pattern completes we will have a SHORT trade on the break of the neckline at around 1.0662.
Both RSI and MACD are declining and the Andean Oscillator is suggesting that the BEARS are taking control as the BULLS position weakens.
All the indicators suggest we should be headed south from these levels and as we are now well above the key WR1 pivot, history tells us that the price will tend to want to come back to the WPP mid pivot and will not be able to stay above WR1 if there is BEARISH momentum.
It is Friday so the markets will be slowing down and we do have US news at 15:00 with ISM Manufacturing and Revised UoM Consumer Sentiment so we would need to be watching this trade if it triggers and adjust STOPS accordingly.
This is a 1:1 trade with a STOP above the high which sets our target to 1.0639 but as ever these STOPS and TP's are not set in stone and will be adjusted depending on momentum.
Sell AUD/NZDIt's going down?
In February, the index decreased by 1.4% compared to January, which had seen a 1.9% increase (the January figure has been revised).
All sub-indices (non-rural, rural, and base metals) experienced a decline during February.
When measured in Australian dollars, the index dropped by 0.1% in February.
Over the past year, the index has fallen by 11.0% when measured in Special Drawing Rights (SDR), primarily due to lower prices of thermal coal and liquefied natural gas.
When measured in Australian dollars, the index has fallen by 6.7% over the past year.
In essence, it's indicating a downward trend in the index for February and over the past year, with specific sectors and currencies being affected differently.
Waiting to break blackline yet to enter!
DeGRAM | AUDNZD trend continuation opportunityAUDNZD is trading in the descending channel, indicating a bearish trend.
The market is testing the resistance at 1.06900, which is the psychological level.
The market created a kill zone: the major trend is bearish, resistane, the upper border of the descending channel, and a harmonic pattern.
We expect a trend continuation trade from the kill zone.
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AUDNZD Short idea - Diviregence 1H Time frameAfter a good bullish rally for AUDNZD, the pair reached the horizontal resistance zone combined there with a supply zone. From the perspective of RSI there is bear divergence on 1H time frame. It is a bit risky to enter in a sell position right now, but if we have a good candlestick confirmation it would be great. However, the stoploss could be outside the supply zone. The line for takeprofit 2 is the zone which I aim to close eventual position
Short Audnzd We'll be shorting on audnzd 4 hrs cus of the Smc strategy criteria have been met hoping to play out right
AUDNZDAUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
AUDNZD sell !New supply zone is created with AUDNZD and it's time to sell AUDNZD . Do not risk more than 2% per a trade from your account and always use risk management.
