Price retesting previous broken trend line, currently on support level.
#GBPNZD fell massively from the resistance level And now the pair is quite close to the support level Which forms a confluence with the falling support line Therefore, I am bullish and I think the pair will go up Once it reached the support properly Buy!
Got my self into it yesterday and got a break even close on it but the setup is still good for Buys again
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD long - 4h breakout setup
Waiting for the structure shift to go long
Hi Traders, This is my view on this pair for the next few days. #GBPNZD Wait for the pennant pattern braking to be confirmed to go long BUY 1.93250 SL 1.924 TP 1.9493 I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish pullback towards previous sr level. 4 HOUR Bullish market structure. DAILY Looking for more bullish pressure towards previous highs! - FOREX SETUP BUY GBPNZD ENTRY LEVEL @ 1.93370 SL @ 1.91960 TP @ 1.95540 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
My previous GBPNZD which i bought from 1.9345 hit stop loss. In my opinion we might still see price going up because we still got 1 more impulse to complete wave-5. Buy GBPNZD 1.9220 Stop loss 1.9120 Take profit 2.000 (7.8R) Use only 1-2% risk Good luck
Buying and targets on the chart And stop loss as well And please follow up here because here is constantly updated
Hello my friends, previously we took sell positions in this pair and managed to booked +180 pips profit from it yielding 4R Right now we're on strong support at EMA-200 and this is also where 50% fibonacci retracement of wave-4. Usually wave-4 will end at 50% fibonacci retracement. As our protective stop loss, we will use wave-1 area because per Elliott wave...
Its Monday & Already The Markets Are In A Giving Mood... Trend Continuation With This Pair Offers AN Ideal Opportunity To Go Long... TP 1$2 Indicated By Dotted Lines & SL Indicated On The Chart Or You Can Yours At The Very Lowest Point of This Pair's Lat Move Down.. Happy Trading!!!11