Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
3 TOUCHES ON MY VERTICAL RESISTANT TRENDLINE, NOW I AM ANTICIPATING A 3RD TOUCH ON MY VERTICAL SUPPORT TRENDLINE! THE PRICE HAS BROKEN THE MIDDLE SUPPORT KEY ZONE AND RETESTED IT AS MY RESISTANT ZONE. NOW WE ARE HEADING TO OUR SUPPORT ZONE AGAIN!!!
price is rejecting the previous level and I am looking for price to shoot up toward the supply/demand zone
as we see from the daily chart it may have a upward movement to the descending channel top and then detests and fall sharply with fibo 0 level target .
When crossed the bullish trend line, continued the slipping till the last week ended and jumped to the below center line of the bullish channel. Seems that supply is more stranger than demands and sellers imposed their power in the market. If the situation remains the same, GBP will drop till the down side channel line or even more. Unless this week starts with...
Set ups for the week. Monitor this pair for pound weakness. 1:4 trade shown. My charts won’t load on my laptop so analysis is hard, anyone else has this problem? I’ve cancelled my premium because of this.
As you can see on technical analysis, 1hr chart, GBPNZD testing the uptrend support line. Wait for confirmation on confluence. If break support you can target 1.940 If break resitance it will continue uptrend to 1.958 Please remember this is an evalutaion, not a recommendation for trading. Most retail traders lose money on it.
Market outlook for open; we've trapped price and is currently awaiting a structure break before a position is placed in MT4. Utilize price action alerts via TradingView or price action alerts (Drakdoo / Call Levels) for monitoring. www.tradeschool.center
Buy @ 1.94830 (In the buy zone) SL @ 1.94450 TP @ 1.98000 SWING TRADE.
I try to predict the future With little skill-GBPNZD, 26 Oct 2020.
I will be waiting for the price to move back to channel support and wait for some confirmation for shorting. IF the price goes back into channel with some bullish candlestick, then i'll be looking for buying options. Just my analysis. Share your views. Cheers!
i expect price to move up coming week keep an eye guys dont miss the oppurtunity
GBPNZD @ very important zone , market open closely eyed we will await market open whether to cut shorts and go long or stay short
GBPNZD @ interesting level , market open shall clarify we are closely monitoring the market open for further direction