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
FOREXCOM:AUDNZD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Hi guys,
double bottom or double top is one of the most powerful price actions if you use any oscillator divergence for confirmation of reversal but make sure it should break the trendline, why trendline is important because it shows you a change of character in price action...
thank you keep support for more updates...
AUDNZD price broke out of the resistance below 1.07840 on the 3H time frame, and the price is tanking continuously and can potentially reach 1.07380. The market is giving an opportunity to risk 1 to make 1.5.
This is a good opportunity for short sellers to enter the market. The risk-reward ratio is favorable, and the price is likely to continue to fall in the...
AUD/USD extends the loss on Monday, the transaction is around 0.6410 in the European trading session on Thursday. The hite stance of the US Federal Reserve (Fed) on interest rate trajectory puts pressure on the couple.
The US dollar index (DXY), a measure of the greener's performance compared to the other six main currencies, has expanded the increase and is...
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
AUDNZD 4 Hour Analysis (21 August 2023)
1. Price is just near the demand area
2. If price breaks the dotted line (Key Level)
then we can expect a bullish force
3. If the price breaks the lower trend and
demand area, we can expect some bearish entry
FX:AUDNZD
As you can see that, AUDNZD in 1Hr Time frame has formed a Lower low Trend line pattern and a good support level. if it gives rejection at drawn support level and breakout at drawn trend line we can plan for buy side. This is for monday (07-08-2023) Plan your trade accordingly...
AUDNZD 4 Hour Analysis (1 August 2023)
1. Price is in consolidation
2. also, we can see bullish divergence
in stoch
3. Based on the consolidation box break
we can enter trade with fib levels also
