Vladimir RibakovOwner, Chief Trader at Home Trader Club (Former Traders Academy Club), Owner, Chief Trader at Home Trader Club (Former Traders Academy Club) · Owner, Chief Trader at Home Trader Club (Former Traders Academy Club)

AUDNZD Sell Trading Plan Explained - 23 May 2024 #trading #forex #forexsignals #shorts

23 May 2024 · 1 min

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0:49

In this YouTube short, Vladimir Ribakov of Home Trader Club provides a concise technical analysis of the AUD/NZD currency pair and outlines a bearish trading plan. He examines three time frames: the weekly chart, which is bouncing from the top of a long‑term range; the daily chart, which has broken below a rising trend line and is forming lower lows alongside a weakening MACD histogram; and the 4‑hour chart, which shows a completed three‑point lower‑high, lower‑low pattern indicating a bearish structure. Ribakov advises that as long as price stays below key Fibonacci levels, traders should look to sell pullbacks and short rallies. The video concludes with a promotion for Home Trader Club’s courses, real‑time education, and trading opportunities.

Chapters

Hello traders, Vladimir here from Home Trader Club. Does the AUD/NZD have more to offer to the downside? Let's take a look on the charts and see why do I think so. Weekly time frame continues to bounce inside its long-term range. At the moment, it's bouncing right from the top. Daily chart broke below the rising trend line and now making lower lows on the chart and lower lows on the MACD histogram. 4-hour chart completed 3 lower highs, lower lows, bearish trending structure, bearish price action. For me, as long as we hold below the Fibonacci levels, pullbacks and sell the rallies is the trading plan. Join Home Trader Club for complete trading courses, real-time trading education, and real-time trading opportunities.