Short trade
Thursday 5th Sept 24
8.00 pm
NY Session AM
Sellside trade idea observed
Entry 1.08298
Profit level 1.07426 (0.81%)
Stop level 1.08511 (0.20%)
RR 4.09
AUDNZD trade ideas
AUD/NZD Approaching 1.08000 Support Level: Bearish Outlook AheadThe chart of AUD/NZD suggests that the price is approaching a key support level at 1.08000. After a recent downward move, the market is expected to retest this support zone. The downward arrow on the chart indicates an expectation of further bearish movement towards the 1.08000 area. This level could act as a potential reversal point, but a break below could lead to further downside pressure. The market structure appears to be in a corrective phase, with lower highs and lower lows forming.
AUDNZD Bull Incoming??Do not trade my ideas. I am not a professional
So. I am using imaginary lines. Tight stop loss keeps the risk to reward above 4.
I am taking a small entry and will go from there. I will keep this updated.
happy trading
AUDNZD. 09-05-24.H4 momentum and structure is bearish. first indication of a bearish continuation.
Secondly if you can see the markings on my chart and if you understand fibonacci, you'll see that price rejected and 618 zone, from the overall low to high swing of H4 Move. We further see a bull retracement and rejection to the downside at the 382 level. Price is currently trading under these levels so the sell bias is strong. But be wary as price is currently sitting on the 786 fib zone. This zone if not invalidated could push price to make a short term bull correction to the prices levels I have marked in RED, before continuing the downtrend.
Now it's all about patience and being on the right time frame to find an entry to the downside. But remember, we must be wary of a short term bull correction which I have marked the price levels in RED.
How to know the right time frame? When the HTF retraces to ur level and closes, according to the candle close you should go to LTF and wait until price structure gives you the direction of your bias, (In this case a downtrend). If price closes bearish and lower time frame gives you a bull structure, mark the level not to break on the HTF while you wait for LTF to reach this level and invalidate the buy structure, now you have another confirmation of downtrend, and since HTF already closed Bearish, with lower time frame structure correlating and confirming this bearish move, you can be confident with your entries.
I have marked the price level in GREEN for my TP if we continue this downtrend.
Further more, if price levels in red are invalidated and price starts to form a bullish structure on h4, my target for tp in a bullish move are marked in ORANGE; as if a bull momentum starts from the 786 fib zone, according to the fibonacci rule, 786 rejection must make a complete retracement to 236 zone.
Hence, I set my target for tp to the upside at the 236 fib zone marked in ORANGE.
My bias? For now SELL, until H4 bearish structure is invalidated.
AUDNZD On The Rise! BUY!
My dear subscribers,
My technical analysis for AUDNZD is below:
The price is coiling around a solid key level - 1.0824
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0843
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
AUDNZD sell, 1hrWe have been having very strong selling momentum on AUDNZD and from what I have experienced the pair most of the time does not disappoint when setups are made.
We are currently looking at a down trend which has at least three touches that confirm that we have a lot of selling momentum coming in.
Secondly we have formed a solid bearish flag inside the downtrend which makes me confident in its next direction.
Thirdly we have something I like to call double confirmation of a trade. It goes like this, we have a breakout both vertically and horizontally.
We also have a breakout from the bearish flag and retest the confirms that this is a good time to enter trades on this pair.
AUDNZD 1DThe price has left a downward channel and the possibility of further price reduction in recent days is not far from expected!
Trade idea - AUDNZD Long4H
Corrective approach towards entry zone.
Market moving in Bull Flag formation.
-68 Fibonacci completion aligning with entry zone.
= Instant market execution Buy.
Aiming to take full profit at Daily TP.
audnzd bullish trade.... God be the glory.And everything I do is thanks to God. to HIM all the glory and honor. Because I am a Christian, I only believe in my Lord Jesus Christ and Savior. But only in HIM...
And I invite you to seek God and his Son Jesus Christ who is God himself our Messiah, and all other things will be added to you. If you believe write ¨Amen¨ down below
Audnzd bullish tradeOn the left the swing trade already in position. On the right a limit order but scalper style risking 4.1pips of stop loss for 52pips of profits. With several tp to take partials and put the trade in breakeven. I'm just a trainee, studying and after losing a lot of money on many VIP channels on Telegram that are useless. Thank God I am creating my own strategy that has given me results lasting 3 weeks. But I don't sell courses, or channels, nor do I have a VIP.
audnzdwe have a nice setup to buy audnzd cause we hope the RF will go fast and clean.the entry was choosen from the price action that happened after the positive news on aud in the last our. with a risk/reward of 6 to 1 i hope that you can join me in this trade
AUDNZD Will Grow! Buy!
Here is our detailed technical review for AUDNZD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.088.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.091 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
AUD_NZD BULLISH BIAS|LONG|
✅AUD_NZD established a
Double-bottom, then went
Up and broke a key horizontal
Level around 1.0864 so we are
Locally bullish biased now
And we will be expecting
A further move up
LONG🚀
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AUDNZD Potential BuysCurrently AUDNZD broke 1 hour yellow downward channel and made higher highs. Looking the the retest of support/head and shoulders neckline to have potential buys. There is divergence in daily timeframe at key level. Also have a 1 hour head and shoulders with divergence at key level for added confluence along with daily purple trendline and daily support.
AUDNZD - In Bullish TrendThis pair had a bullish divergence after which it has also breached the bearish trend line. Now it is broken the previous HH. I have placed a pending order of BUY LIMIT and the value I have selected with the help of a Fib Retracement tool @ 0.236 level.
The Signal is:
EP: Yellow Line
SL: Red Line
TP: Green Line
AUDNZD Bearish Gartley reversalAUDNZD making bearish gartley reversal
Wait for divergence and PRZ
Then wait for price to drop below point B
then either SELL STOP after B or wait for series of lower high lower low for safety and then enter
AUDNZDAlthough structure is bearish, but currently momentum is bullish on H4, H1, 30 & 15MIN. Awaiting closure at an area of demand, this will give an idea of next price direction. My Overall bias is short or long term bearish movement. However, we may see a short term bullish correction.
AUDNZD buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
longif the AUD news comes up negative then nzdaud is the best pair to trade towards the upward side as long
AUDNZD BUY 2/09/2024Risk Warning: Forex trading involves significant risk to your capital and may result in a loss exceeding your initial investment. Only trade with money you are prepared to lose. Ensure you fully understand the risks and take care to manage your exposure.
