It's a late one for a trade idea but to good not to. Working the 45M time frame here on GBPNZD and this is a solid all round strategy. Entry details are shown on the chart. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can...
Analysis done on the weekly/daily timeframe. Very clear bullish trendline on the weekly TF, S&D zones drawn out from the daily TF, including some key S&R levels. I expect price to come down at least to the middle zone, and if it it able to breakthrough it, then it will go down to the trendline. I may take some low risk buys from the middle zone with tight SLs...
I try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
GBPNZD : ANALYSIS : IF THE NEXT 1D CANDLE APPEARS TO BE GREEN THEN GO FOR A BUY OR IF IT IS RED GO FOR A SELL, THE RESPECTIVE TP'S ARE GIVEN , THE STOP LOSS IS ON YOU , MY SUGGESTION IS ONCE YOU DECIDE BUY OR SELL THEN KEEP 5 PIPS ABOVE OR BELOW THE PRESENT 1DAY RED CANDLE.
this is a low risk setup. DXY needs correction, Pound needs a breath, NZD showed weakness. current price has just rose after breifly touched below the lower side of the uptrend channel, so I'm biased that the price will continue to rise. Immediate target is 1.9823, after which I will trail it.
#GBPNZD Here Is The Possibility On GBPNZD
THIS PAIR IS STILL BULLISH, WAITING FOR A PULLBACK THEN TAKING IT ALL THE WAY. MADE AN ERROR ON LAST NIGHTS ANALYSIS. DID NOT DO MY DUE DILIGENCE
Hey traders, here is the analysis for the GBPNZD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
G'day Guys. How's going? Let's get some trading idea today. We looking for Buy today. For this pair, in the Daily time-frame perspective, this pair still heading up to uptrend but was blocked by a strong resistance level. We still positive this pair heading up due to the market structure which in an Hourly time frame which is clearly showing the movement,...
After establishing a double bottom at 1.92 and then a double top around 1.98, this pair is staring to develop some momentum to the up side. Not the cleanest of charts, but for the most part, the pair is respecting support/resistance areas. I am looking for a pull back to the 1.975 area to take a long. EURNZD also looks similar but the next resistance is closer, so...
Successful break and retest or the sloping trendline. 2nd Long initiated at 1.9749. SL 1.9749 TP 1.9813 R:R - 1:2
Last week GBPNZD closed above 1.97 neckline of an inverted Head & Shoulder as well as Cup & handle formation.(Watch the weekly close). Price is very bullish on both monthly & weekly. Initiated a long at 1.9725 and SL below 1.96. Will add to the position. See the updated 4 hourly Chart below. Measured target profit is 2.1 (YES, you read is correct and its over...
Technical Analysis: The price left a double bottom which indicates a reversal, the market moved to the upside in an aggressive way. It managed to break the daily resistance (now support). A lower correction might be seen to the highlighted zone before another rally. ------------------------------------------------------------------------------------- Trade...
First we identify the lower highs (LH) and the higher highs (HH). Perdicting that price will retrace at this point.
Hey traders, here is the analysis for the EURUSD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
#GBPNZD market has hit support and now reverting. So the market is going to buy up to a strong resistance level.
GBPNZD create cup with handle pattern. 300+PIPS opportunity!