The #1 Trading Mistake In ForexI made a huge mistake on the last two forex pairs
but this time i have finally optimised my trading strategy.
The problem with trading is that the
lessons are opposite.
This means the indicators dont tell you
when to buy or sell.
The indicators are just filters.
This means you have to develop a trading strategy
using a computer system.
Using the Rocket Booster Strategy
You are able to tell the trend analysis on this pattern
->The price is below the 50 EMA
->The price is below the 200 EMA
->The price is in a down trend
This means that this forex pair is most likely going to
go down.
If you want to see what happens
take a sell trade on your simulation trading account.
Rocket boost this content to learn more
Disclaimer:Trading is risky please learn risk management
and profit taking strategies,Also feel free
to use a simulation trading account before you trade with real money.
AUDNZD trade ideas
Trade idea from chart gpt Entry: Sell around 1.06850–1.06880
Stop Loss: Above the most recent swing high (~1.07050)
Take Profit: Initial TP around 1.06600, with extended TP near 1.06350
---
Reasons for Entry:
1. Bearish Trend Continuation: The overall movement shows a series of lower highs and lower lows—typical bearish price action.
2. Resistance Zone: 1.06850–1.06900 has acted as resistance recently.
3. Lack of Bullish Momentum: After the retracement, bulls are not showing strength to break above resistance.
4. Risk-Reward Setup: Around 1:2 R:R ratio makes it a relatively favorable setup.
---
If you're more conservative, you could wait for a break and close below 1.06700 on a strong bearish candle as a confirmation.
Want me to draw zones or trendlines on it for visual clarity?
NOT FINANCIAL ADVICE BUT FOR RESEARCH PURPOSES ONLY
AUDNZD: Bearish Trend Continuation 🇦🇺🇳🇿
AUDNZD violated a significant support cluster on a daily.
Because the pair is trading in a long-term bearish trend,
such a violation signifies a highly probable bearish continuation.
Next support - 1.06
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDNZD giving signs to start a bullish trendbullish divergence and price breaking trendline, these are some confluences that give a hint for a reversal trend, but one and most important factor to consider for a bullish trend is that if price breaks the marked LH, and for that I have also placed buy stop order on the chart with marked SL and TP
AUDNZD looks to reverse higher nowAsian Session Update: The AUDNZD has found support at the multi year channel as noted yesterday near the 1.0650 level. Now the pair is in a descending wedge, which is typically a reversal pattern (bullish) so a breakout of the 1.0710 level would suggest a move back towards the 1.0800 level.
AUDNZD On The Rise! BUY!
My dear subscribers,
This is my opinion on the AUDNZD next move:
The instrument tests an important psychological level 1.0683
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.0733
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
———————————
WISH YOU ALL LUCK
AUDNZD Technical & Order Flow Analysis (Day Trading)Our analysis is based on multi-timeframe top-down analysis & fundamental analysis.
Based on our view, the price will rise to the monthly level.
DISCLAIMER: This analysis can change anytime without notice and is only for assisting traders in making independent investment decisions. Please note that this is a prediction, and I have no reason to act on it, and neither should you.
Please support our analysis with a like or comment!
AUD/NZD LONG FROM SUPPORT
Hello, Friends!
AUD/NZD pair is in the downtrend because previous week’s candle is red, while the price is clearly falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 1.083 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
AUDNZD Trading Opportunity! BUY!
My dear friends,
AUDNZD looks like it will make a good move, and here are the details:
The market is trading on 1.0718 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.0781
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK