NZDAUD trade ideas
AUDNZD Sell trade opportunitiesAUDNZD 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"
💡Don't miss the great sell opportunity in AUDNZD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.07117).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57
Take Profits:
TP1= @ 1.06759
TP2= @ 1.06512
TP3= @ 1.06240
TP4= @ 1.05919
TP5= @ 1.05652
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.0713).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 31
Take Profits:
TP1= @ 1.0678
TP2= @ 1.0654
TP3= @ 1.0633
TP4= @ 1.0617
TP5= @ 1.0582
SL: Break Above R2
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💡Don't miss the great sell opportunity in AUDNZD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.0746).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 45
Take Profits:
TP1= @ 1.0728
TP2= @ 1.0714
TP3= @ 1.0695
TP4= @ 1.0675
TP5= @ 1.0654
SL: Break Above R2
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AUDNZD Trade Plan - 21/Jan/2022Hello Traders,
Hope you all are doing good!!
I expect AN to go Down.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
💡Don't miss the great buy opportunity in AUDNZD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.0647).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 67
Take Profits:
TP1= @ 1.0703
TP2= @ 1.0720
TP3= @ 1.0740
SL= Break below S2
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DESCENDING TRIANGLE EXAMPLE On daily time frame this is example of descending triangle pattern
Whenever price breakout or breakdown it will make a pullback or
A flag like pattern this good entry if u miss the trade
Alway trade on higher time frame for more accurate setup
THESE ARE CHERRY PICK EXAMPLES
BUY SIDE LIQUIDITY RUNS ANALYSIS#AUZNZDOn the monthly timeframe price has accumulated on a demand area,the market has moved into a higher timeframe oderblock(which is a strong demand zone)
Prior to that price has shown a significant shift in market on lower time frames meaning the market will seek to take out liquidity to the upside