AUD/NZD

[jmmogmifa98]

Good opportunities: DAILY bearish abcd pattern stoch

Short @1,0992
tp 1,0846
sl 1,1114

[jechuslyle]

This is my take on the AUD/NZD.

The H1 2014 range includes shaped a wedge continuation pattern indiing lower levels are ahead.

The chart includes Fibonacci extensions which job to long term support in the .9800 to 1.00 area.

As of now, only a strong weekly reversal on the NZD/USD chart can alter the trend.

[lunalika]

hi there


gl.

[inigolaela]

I believe that the issue is that both of you are trading from 2 distinct timeframes.

I fully agree with spinozagr's call for aud.nzd. In fact his order was a small bit better than mine, however, our take profit is roughly the same. I got 2 order's going in to the pair at 1.0980 and 1.0985.

Curious about how your get your calls, seems like you follow a wave concept. I utilize Price Action and Service and Resistance.

Wo1 off your trading a monthly chart, and hoping there'll be a drawdown of 150 pips, which is right around where our TP would be. Your SL is under our TP, so both parties could win here.

For now I agree with spinozagr's call.

Wish both of you nothing but the finest. Good Luck!

My Current Orders
https://www.nigeriaforextrading.com/...weblogger.html

[jmmogmifa98]

The road to south is open... Last call for 1,0864 Venceremos

Outside just a little bit sooner. . .but assignment succesfully accomplished...

Venceremos

PS. . .veryclose, expect you hold your own position

[juanjlleescalema]

Epic dip Men reached 8215 now a weak bull running up the Mountain

[beagwmam]

Just purchased audnzd, what you think guys? 61.8 retrace, rsi positive div and underside of trendchannel?

[lauugm]

Just bought audnzd, that which you think guys? 61.8 retrace, underside of trendchannel and rsi favorable div? image

appears good technically. You get a fantastic R :R ratio on such trade, so not a lot to lose.

[GF]

Hi,

about the monthly chart there's a fantastic MACD divergence on minimums, therefore tendency, in a very long term ought to be down. However on the monthly chart I will see a retracement minimal to 61.8 Fibo.


On a week chart it's possible to confirm what ive just cited before. MACD indies a fantastic divergence on maximums, confirming the uptrend.


On H4, you can see on RSI in Addition to MACD a divergence up. Where the price is sitting today correspond to MA 100 on the Daily chart. About the Fibo I will see that may go down, following the retracement, to 138, which is the point too for the fashion line. I dont know if it would go that far down but there's always the chance. I purchased stupidly 3 days back (dont know what I was considering), quite tiny small amount, but I am not gonna close it. So, your buy, its at the good direction, maybe a little bit early.

Regards

Miguel

[GF]

I forgot to bring the H4 chart.

Here it is