GBPNZD long term trade looking for a 10.5% upside if 21 day closing price (White MA) move above the 63 day price (Black MA)
Dear All, We are in good point, please manage your risk and enter only in proper Price Action. Brando
GBPNZD - Intraday - We look to Buy at 1.9250 (stop at 1.9140) Previous support located at 1.9350. Previous resistance located at 1.9400. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.9250, resulting in improved risk/reward. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9475...
The GBPNZD pair is trading below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) for the past week. This is not an unfamiliar trading set-up as the same W pattern was last seen from October 2018 to October 2019. The last Lower High of the long-term Triangle pattern was on February 03 2022 so currently, in terms of RSI also, we are on the last...
GBPNZD - Intraday - We look to Buy at 1.9300 (stop at 1.9190) Previous support located at 1.9350. Previous resistance located at 1.9400. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9525 and 1.9550 Resistance: 1.9400 /...
This signal is seen in 1 hours. As you know, the signal is not suitable for people who want to finish the transaction quickly.
Trade Idea: Selling GBPNZD Reasoning: Large engulfing candle on the 60min Entry Level: 1.9452 Take Profit Level: 1.9257 Stop Loss: 1.9550 Risk/Reward : 2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
The GBPNZD pair is close to forming a 1D Golden Cross, which is when the MA50 (blue trend-line) on the 1D time-frame crosses above the MA200 (orange trend-line). That is a technical bullish pattern. As you see on the chart, every time the pair formed a 1D Golden Cross, it traded within a Channel Up pattern and the price rose to the 1.5 Fibonacci extension and...
Trade Idea: More Sterling pain expected Reasoning: Lower prices expected selling into the strength over the past 60mins Entry Level: 1.9242 Take Profit Level: 1.90400 Stop Loss: 1.9272 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
The GBPNZD pair is currently under a rejection on the 1D MA200 (orange trend-line). Even though the 1D MA50 (blue trend-line) is the next Support, based on the correction of 2020, we are more likely to see the trend turn bearish again than bullish. As a result, our plan is to sell as long as the price doesn't close a 1D candle above the 0.618 Fibonacci retracement...
Anticipating short-term movement to the upside in the lower time-frames. Apply proper risk management. As usual, happy trading
On the daily chart , we can clearly spot a possible formation of an inverse head and shoulder pattern. As we can see back in 2021 October, an exact pattern was formed, eventually resulting in a breakout followed by a persistent bull market. Therefore, a similar scenario could happen again soon, hinting a beginning of a bull market. Currently, we are carefully...
First trade of the day, currently looking at an ascending channel. Looking to go short long term, use proper risk management and stay safe! Happy trading!
GBPNZD has been setting up for a couple weeks now and I still maintain a reversal is in order. Inverse head and shoulders should play out this week ahead
I'm using my own coded sophisticated program to catch trades and its really hard to explain that here for me. So I'm simplifying the trade idea to publish here. I think its time to retrace back to 1.98 area on GBPNZD Lets see if it works again.
Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. **GBPNZD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our...
A breakout above the upper trendline could be a nice pump in the price for the buyers to start making banks in the market. Worth looking into. Target of 500 pips Stop 150 pips
GBPNZD created a Rounded Bottom pattern as we see on the 4H chart. The Price is about to break the Neckline level ( around 1.93680 ). Entry Point will be perfect in this setup after the 4H candle close above the neckline level. Don't Forget: "The Market Is Always Right" So nobody can predict the market, good traders only react to it. Good Luck!