Audnzdsignal
AUDNZD multiple trading opportunities with great reward.AUDNZD broke ascending trendline support and bounced off of what it looks like descending channel (pink lines) which means that there is very good chance that the price will try to reach the top of the descending channel. If this is the case then we have multiple opportunities to get involved in the bull run. The more conservative approach would be idea A) if the price comes back to test the low of the channel or B) if the price breaks the ascending trendline (purple line) and bounce off of it. In the short term we could trade short pullback to the descending channel following the A idea.
AUDNZD: AUD Weakness at Channel SupportAUDNZD
Timeframe: H4
Direction: Long
Confluences for Trade:
- Waning bearish momentum
- Price action at support of downward sloping Resistance Channel
- Horizontal Trednline support close by
- Stochastics at Oversold conditions (1D and W)
- Widening gap EMAs is large
Suggested Trade:
Entry @ Area of Interest 1.0450 - 1.0510
SL: 1.0381
TP: 1.0709
RR: Approx. 2.32 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
AUDNZD: Revival of the AUD Strength?AUDNZD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price close to Long Term Support Trendline (since 2015)
- Price at Resistance Line of Parallel Channel
- Price at 78% Fibo retracement levels of previous Low to High
- Stochastic Oversold momentum (W1, D1, H4)
Suggested Trade:
Entry @ Area of Interest 1.0585 - 1.0640
SL: 1.0541
TP: 1.0800
RR: Approx. 2.50 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
AUDNZD Long Setup - Confluence on Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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AUDNZD Unexpected Bollinger Band SpikeHi traders,
A long wick has been left outside of the Bollinger Band, wonderful spike with the Bollinger Bands having the perfect angle. I entered the trade as soon as the candle closed with my profit target set at the 50% Fibonacci level. If the next candle goes against me, I will be closing the trade, otherwise I will put it to break-even. We have a slight divergence as well.
(This is not a trade recommendation!)
Sell AUDNZD Based on Bearish Harmonic GartleyThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Buy AUDNZD Short Term Based On Falling Wedge Reversal Pattern H4Here is another scenario if we adjust our wedge a little - the break will confirm which way we go.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Short AUDNZD Short Term Based On H4 Time Frame BreakoutThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.