Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
The pair has just broken down from a continuation head and shoulder pattern on the hourly timeframe. Kiwi definitely looks like it is the strongest currency right now against the us dollar. Expect this breakdown to lead the pair much lower to the previous daily supports.
AUDNZD 4 Hour Analysis (3 July 2023)
1. Price is in pattern, we can see that price is near the bottom of the pattern
2. Also, the stochastic will play an important role for confirmation
3. If the price breaks 0.236 level, we can confirm bullish trend but we can take confirmation from Stochastic
4. also, if the price breaks the pattern bottom line we can check...
The pair has started a new uptrend and has stayed above the ichimoku cloud for a decent amount of time. It is now at a support level both from the point of view of the ichimoku clouds and also the standard pivot level. It also seems to be forming a flag pattern on the hourly timeframe which further adds conviction to the long idea. The target will easily be a new...
AUDNZD 4 Hour Analysis (26 June 2023)
1. Price is in with all the important fib
levels
2. also we can see price is in RSI oversold
region, so we can expect some bullish move
3. Also, if price breaks 0.382 level, we can expect
some bullish move
4. If price breaks 0.5, we can expect some
bearish move
5. This can be confirmed by ADX or DMI also,
means,...
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
AUDNZD 4 Hour Analysis (13 June 2023)
1. Price is in Supply area
2. We can see divergence in AO and MACD
3. As we can see MA is bullish
but, there might be a retracement before
next bull move (due to the divergence)
AUDNZD Trading Ideas
1. Price is respecting the strong supply area
2. We have imp Key Levels
3. Depending on the breaking of KeyLevel we can
take entry
4. As its in supply area, bearish entry preferred,
but KL1 for backup
AUDNZD Trading Ideas
1. Price already passed the supply zone,
2. Previous AO divergence done,
3. QM formation suggests that
we can wait for a entry but after confirmation
from the zone levels only
AUDNZD 4 Hour
1. In a previous strong supply area
2. Divergence with RSI
3. If the supply breaks, we will go to bullish TP,
if supply intact, we can wait till bearish TP1.
