FX:AUDNZD
AUDNZD ( 1HR Time frame ) has created a double bottom and it has given Neckline breakout and it retesting the neckline level, Now we can plan for buying side. plan your trade accordingly....
AUDNZD 30 min short time setup (Neutral)
1. Chart pattern formed
2. Divergence found
3. we need to wait for breakout
and we can enter according to the market
condition
AUDNZD Sell Trade opportunity
Recently, the support level was broken and now we are waiting for the market to retest the resistance level that I have marked. If the market does retest the resistance level, it would present a good opportunity to sell.
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....
some confirmation for upside move
1. double bottom - Bullish reversal pattern
2. bullish divergence
Entry - buy stop on neckline
stop loss - below the low of double bottom
Risk reward ratio 1:1 for ist trade and 1:2 for second trade
risk - 1 percent of total portfolio
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
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
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...
AUDNZD has been on bullish trend for some time now. I am expecting a touch on the support and a strong bull trend continuation. Remember to use proper risk management. Lets Download Success.
-AUDNZD H4 ANALYSIS.
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Price failed to make lower low instead of making higher low and approach at main keylevel with bears lossing strength and bulls taking action
Always trail your stop loss after 1:1
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...
