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ProjectSyndicate
Jan 5, 2023 11:35 AM

GBPNZD M45: Best Levels to BUY IT TP +200/+250 (SL/TP)(SWING) Long

British Pound/New Zealand DollarFXCM

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GBPNZD M45: Best Levels to BUY IT TP +200/+250 (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range
and I expect reversal off the lows later


🔸 Summary and potential trade setup
::: GBPNZD 45mins/candle chart review
::: speculative XABCD setup / BULLS
::: bulls get ready to buy low later
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term more losses
::: targeting 8900 / PRZ / D
::: retail positioning in GBPNZD
::: favors more short-term losses now
::: 3 000 std lots short vs
::: 5 000 lots long
::: expecting pullback before reversal
::: point D/PRZ 8900 reload BULLS
::: summer/autumn 2021
::: higher risk / high risk strategy
::: SHORT IT / SHORT RIPS/BOUNCES
::: FINAL TP BEARS is 8900
::: recommended strategy: BUY LOW BULLS
::: near premium prices (8900)
::: recommend to focus on swings only don't
::: final TP BULLS 275 pips 9200
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8900 fresh demand zone
::: 9200 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: MIXED/RANGE/BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comments
DeGRAM
Great chart analysis
TheTradersAvenue
Good view, thanks for sharing.
ProjectSyndicate
@TradingAxis, solid
HAMED_AZ
Great idea
ProjectSyndicate
@HAMED_AZ, boom
DanielLubbe
Thanks All the best for 2023 Keep up the good work
ProjectSyndicate
@DanielLubbe, you are welcome buddy. happy holidays!
basictradingtv
Excellent work, keep it up my friend ;)
ProjectSyndicate
RLinda
Great technical analysis, I think price will soon show who is right)) Thanks)
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