the structure looks good to sell as there is a gap which needs to be filled also the price is at the resistance level if this resistance breaks we will sell at the next resistance zone which is a major zone, for now aiming for 1.07881 level on lower TF
this chart show neutral dissection because market move up or down, both are possible. so if you use your won price action and find entry , after entry follow proper money management rules and trading rules. don't forget your trading plan. before entry find stop loss and target AUDNZD 3 hours chart analysis, double top pattern. trading strategy, forex trading
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An ascending channel is a chart pattern in which the price of an asset is rising within two parallel trendlines. This pattern typically signals that the price is likely to continue rising, and suggests that traders should consider taking a short position, or selling the asset, if the price breaks out of the channel. In this case, the AUDNZD price broke out of the...
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
Hello Traders,
Hope you all are doing good!!
I expect AUDNZD to go DOWN after finishing this correction.
Look for your SELL setups.
NOTE: I expect another up thereafter but let's see how next wave will behave.
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Disclaimer: This is just an idea. Please do your own...
AUDNZD Sell trade opportunities
AUDNZD Overall Bearish trend make a very strong Bearish candle on resistance D1 time frame and also Breakout H4 support trend line its very good opportunity to take a short trade here with stop loss above the support area
"Always trade with Stop Loss"
Sell at 1.06850 with sl 1.07100 and target 1.06000
There is shooting star on daily timeframe and double top on 4 hourly Indicating a correction till it's near support of breakout point...
will AUDNZD pair follow the channel and continue on a bullish momentum or will it respect the SHS?
1.07230 is the zone to watch out for either a break or bounce.
THIS IS NOT A FINANCIAL ADVICE ALL TRADES SHOULD BE TAKEN BASED ON YOUR PERSONAL DECISION.
