Hi TRADERS this is my trade set up for the GBP/NZD for the new week ahead
GBP/NZD I see the new strain of covid has hit the UK and I feel NEW ZEALAND have corona virus under control, and the GBP has had a good run against the NZD, I feel like that run has started to come too a end now
i am expecting a pullback to the order block zone and will be looking for a...
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 watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to...
Recent move executed on GBPNZD. An impulsive move upwards breaking structure to form a flag pole followed by a corrective pattern to form a flag.
Always look for multiple confluences to enter your trades. In this case we had the pattern itself at play as well as a potential order block and the 50% fibonacci level. A perfect scaling oppurtunity also presented...
The area around 1.900 has been significant recently, having acted both as support and resistance. Despite several days of trying to make some significant gains, we are still at 1.9035 region.
In accordance with the prevailing bearish trend, I am interested to take a short. I will place a pending entry below Thu low with my stop above its high.
My initial target...
GBPNZD is fluctuating at at is resistance 1.95483 for about 2 weeks and if you see the previous history you will see that this is the main resistance of gbpnzd now it will go down and its target will be 1.90156 even if it has to go up it will retest this support 1.90156. so there is a good opportunity to gain around 450 to 500 pips .If you need any help you can DM us
Gbpnzd is making a downward trend and it will continue its sell trend there is possibility it can retrace back around 80-180 pips but than again it will continue its sell trend.
GUYS you can see my previous anlysis of gbpnzd it reached its buy target nut now gbpnzd is not in good position either to enter on buy or sell in current point according to my anlysis when market opens gbpnzd can move to buy around 40 to 80 pips and make a tail in a day candle you can than enter on sell with small lot and than move in sell direction and once it...
Gbpnzd is testing its very main resistance at 2.10773 there are 90% chances after testing this resistance gbpnzd will change its buy trend and make a new sell trend but wait to enter in the market until it test and start coming down again so that we will confirm that it will go down now .
