Audnzdshort
AUDNZD May come downtrend til 1.0530I think all of the indicators are showing WRONG DATA for this chart now.
here are some reasons why I say it may go down !!!!
1-as you see, there is a very nice resistance area at top.
2- Double top pattern shows that the price is not strong enough to go high.
3- last high is not higher than previous high
4-its also a shoulder pattern
5-the Fibonacci retracement exactly shows the range
I'm almost sure about falling down.
BUT DON'T RISK MUCH, Its the market !
Have Fun :-)
Mohammad Someaneshin
AUD/NZD : Sell on BearFlag ConfirmationAfter impulsive move we can see continue downfall after BearFlag pattern formation.
ThnkYou
AUDNZD, A Consolidating PairAUDNZD is trapped in a wedge as well as double top formation can be seen.
Bearish divergence is also indication downward momentum.
Being considered as consolidating pair, that's why might take longer to reach target.
Let's take a risk here.
AUDNZD possible short day/intraday trade opportunityAUDNZD possible short day/intraday trade opportunity
AUDNZD. Price has broken through the resistance level.Hello dear friends.
The price has broken through the resistance level.
This is due to the fact that the price was in the upward channel,
pushing away from the key level.
It's time for the price to go down to the level of 1.05000.
Good luck to you.
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This idea does not provide the financial advice.
AUDNZDShort term play of great Risk reward Ratio
Comment: **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decision
AUDNZD SELLAUDNZD will be ready to after it reaches the middle resistance zone, but most importantly you wait and see if it'll break the middle resistance zone, if it does then it'll be a buy, update coming soon.
AUDNZD DAILY ANALYSISAUDNZD DAILY ANALYSIS
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Strong bullish continuation on audnzd these last 5 days.
soon we might see a pullback.
safest area to short from is 1.050 - 1.053 resistance:
we see a perfect fib. confluence and horizontal structure on the left.
For the target you can aim at 1.035
AUDNZDThis pair has some potential for a short, but AUD has been very strong this week. It is over extended though and needs to make a retracement. Look for price action on top now and enter from there. My analysis is clear on this one. But, it might not go as low as indicated. If taken correctly a 1:3 RR might develop
This not trading advice and should not be taken as such
AUDNZD short trade ideaPlan : support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GWBFX
