Dear Friends See the AUDNZD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & Also Please Follow my Trading View Channel.
A 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...
DISCLAIMER: 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...
I expect bearish continuation with AUDNZD due to the Hawkishness of RBNZ after the 75bps rate hike they also hinted another policy tightening, we'll expect another rate hike coming February next year 2023.
Technical outlook seems to indicate another support level which is broken, and the next target for sellers is next yellow horizontal support level.
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
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
NZDCHF is facing stiff resistance at 200MA (weekly) and 20MA )monthly.
NZDCAD rejected at 200MA
NZDUSD rejected at 0.6820 its 100EMA
Trade idea: AUDNZD: Buy between market rate (cmp 1.0710) -1.0650 use stop loss below 1.0620 targets 1.0840 and 1.0880
Hi All,
Looking at chart for the pair, I previously expected the pair to form an inverted H&S, but instead of that, the pair is trying to form a DB to move ahead.
The plan is to look for a short sell in this pair.
Entry , Sl and TP marked.
Thank you
DISCLAIMER: 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...
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...
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
