Good morning, traders! I have just opened a new position on GBPNZD , so here is my analysis. Take a look at the video and let me know, if you like this idea as well. :-) Have a nice day. John FINEIGHT Team
2 Reward ratio. Hoping for the 8 & 21 EMA to cross on all time frames beginning from 15M to the 4H to confirm this bullish push. Just my ideas and perspectives of the market, No signals :)
Guys see my last anlysis of gbpnzd it reaches at its target and now it will retrace back on buy around 200 pips
Strong bullish candle, expecting a break of the trendline. If the trendline breaks, I will be looking for buys. Anticipate after the break, price to retrace. Could be at the 38.2 or go deeper, 50-61.8. My anticipated entries, I've made in yellow.
We are currently more than 465+ pips in profit on this position from our entry. i have attached the initial analysis below. Analysis for this trade was pretty simple and straight forward. Entry was marked using Fibonacci retracment at 50% of the previous bearish move. I want to point out some other factors that are key to your success as a trader, 1. Keep your...
I have been developing my system since I learnt to trade in 2016. I'm finally confident enough to trade with real money. this is my first non-paper trade on this system. godspeed we received a buy signal and started to build a case for entry: stochastic was gaining momentum and wasn't overbought/sold. we cleared minor resistance and it became support. Price...
i think it's good to Buy
As you can see, price has created a channel on the 4H timeframe within a daily/weekly rising wedge. AWAIT BREAKOUT of the channel then a retests followed by an bullish engulfing candle to go long - I expect this to re-test the top of the rising wedge which would test the last high + corresponds with the 0.5 weekly fib region.
I've just gone LONG GBP/NZD. Price has returned to WS1 and found support and looks primed for a move north. I'm in at 2.0418 with a STOP under the swing low at 2.0354 which is under WS1. Looks a good thing this with my Disciplindicator confirming with 2 stars.