FX:AUDNZD
As we can see that AUDNZD has created a Down trend channel pattern and breakout also happened at buy side, if it gives pull back entry we can plan our trade for buy side. plan your trade accordingly....
Hi All,
Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head.
The plan is to look for only buy in this pair.
Entry , Sl and TP marked.
Thank you
audnzd next possible move with elliott wave and demand supply
audnzd next possible move with elliott wave and demand supply
audnzd next possible move with elliott wave and demand supply
We forecasted and shared our view of AUDNZD!! The analysis turned out as we wanted and the entry was a SNIPER ENTRY as well 🎯
From this Setup we got:
38+ PIPS, 1:3+ Risk to Reward Ratio!
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.1006).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
AUDNZD in monthly demand zone .take further analysis take entry after the trend reversal or else enter with trail stoploos bcoz monthly demad zone in the major support .It is in channel pattern for the past few years .jusy my view
AUDNZD
The pair trading in a bearish market since November last week.and erase most of the gains.
Now its trading at major resistance level at 78.6% Fibonacci
From the 1.03900 level we can open buy orders and Potential take profit will be 1.05100
Stop lose may be placed at 1.03360 level
