Get started

AUDNZD

AUDNZD Shorting opportunity AUDNZD price broke out of the resistance below 1.07840 on the 3H time frame, and the price is tanking continuously and can potentially reach 1.07380. The market is giving an opportunity to risk 1 to make 1.5. This is a good opportunity for short sellers to enter the market. The risk-reward ratio is favorable, and the price is likely to continue to fall in the short term. However, it is important to note that the market is volatile, and there is always the possibility of a reversal. Therefore, it is important to use proper risk management techniques when trading this pair.
Short
by Traderkii
AUDNZDA rising wedge breakout is a technical analysis pattern in which prices of an asset break out of a rising wedge pattern, typically indicating bearish sentiment and a potential for prices to fall. This pattern is formed by two converging trend lines that slope upward, creating a triangle pattern. When prices break out of the triangle, it is often seen as a sign that prices will move lower. This is because traders expect the trend lines to act as support and resistance, and when prices break through these levels, they may assume that the trend is reversing. As such, traders may look to enter short positions in anticipation of the price continuing to fall.
Short
by RoxCapitals
AUDNZD - 1H PROJECTIONDISCLAIMER: The Company accepts no accountability or obligation for your trading and speculation results, and you consent to hold the Company innocuous for any such outcomes or misfortunes. We are not financial advisers or account managers; We are Forex traders. The recordings on this channel are rigorously for educational and amusement purposes. Trading Forex implies dangers, and you can lose all your venture ; consequently, you exclusively must take a chance.
Short
by Azif123