gbpnzd two structure buy and sell both
FX:GBPNZD Safe Trades;
Strong resistance At 1.79300 Prices should fall to 1.72100 and then start what I guess the 3rd wave and we might get back to the top of the channel 193.000. It's a long term prediction. If price breaks above 1.79 we will have a lift off. This currency is very fragile and very difficult to predict. Let's see what will happen. Trend lines that I have drowned...
Note: Potential Trading in the Range In H4 chart, it is quite bearish recently and GBP/NZD move up and touched the 20-EMA. We see a possibility that the price might drop further to the support zone. If this scenario happen, we will wait another bullish signal around support zone to call for a BUY :) Caution: BOE's official bank rate on Thursday which might...
waiting to break the trend line near the higher low at 1.715 First R1.7384 2R 1.772
Finally, GBP/NZD pair breaks the resistance zone strongly. In H4 Chart, there is a corrective pullback sit well on the previsous resistance zone. It will be a great trade to long when there is a strong bullish bar appears as a signal to entry :) It will be a less risk with huge potential return trade :)
We are still bullish for GBP/NZD. After 3 white soldiers, we see a consolidation pattern formed near the support zone. It might accumulating more pressure to break this support zone. Once, the support zone was broken strongly by bullish trend bar. It will be good chance to long. Alternatively, need to wait weak pull back and long again. Trade safely with...
With 'Hard Brexit' gone and Trump in White House, this pair is poised to retrace a good portion of its multi-month decline from now on. Good luck, Ali Sharifazadeh, CFTe
3 white soldiers (3 strong bullish trend bars) show the strength of bullishness. Watch if the price can break through the resistance zone near 1.77xx. It will be good to entry when the price pull back to the resistance zone again! Enjoy your day :)
Uptrend has broke out of coning, but price rose and passed Previous S/L level. Consumer price index was out today which may have helped things. Hopefully it'll continue and test the S/L above. Short opportunity in the future, but for now it seems a buy.
Could be a reversal zone. R:R : 4.09 Buy Entry: 1.68717 Stop Level. : 1.63906 Take Profit Level. : 1.88392
In the daily chart for this pair i am looking for a clean break of the reversal wedge. I will be looking at smaller timeframes for confirmations after the break. FX:GBPNZD
In the daily chart of this pair i am looking for a clean break of the reversal wedge. I will be looking at smaller timeframes for confirmations after the break. FX:GBPNZD