Quite strong support and resistance playing out on GBP/NZD. I will be taking it to the previous support and will be looking on from there. My take profit is 1.89265 and stop loss is 1.913122. Good luck!
one of my favorite pairs, I have entered on 1.93340 and another one on my gold zone, and I'm aiming for 200 pips at least because we have many confirmations shows that it's. going down
Looks like we're going down, just waiting on a pullback
See Signposts for key price action details.
Hello team, price has been moving in perfect waves. we have an indecision candle showing up that bulls have potentially run out of momentum. looking for sell all the way down to demand.
hi traders, heres our analysis on gbpnzd, very simple trade. let me know what you guys think below safe_trade_academy jordan_g_tp
If you look to the arrow marked you will notice a purge of support, we are now looking to purge the resistance. ideally, I would like to see a slight pullback to the most recent structure before upside continuation to the liquidity.
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish closure at the end of previous week. 4 HOUR Expecting more downside this week. DAILY Overall sideways moving structure with good short entries! - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90560 SL @ 1.91600 TP @ 1.88970 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
After yesterdays Bank of England announcements all GBP pairs have spiked upwards. I would expect a retrace on this soon before generally continuing upwards. I am bullish on GBP in the long term but there should be some short term shorting opportunities coming. This is also at a big monthly and daily resistance level which should make a drop more likely, and at the...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Market forming a d-top, expecting more downside. DAILY Overall sideways moving structure.. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90870 SL @ 1.91840 TP @ 1.89540 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave...
Price appears to be retesting resistance, once price enters that zone i will be looking to short this pair
We look at price action as it gets into this sell zone for any signals of a potential reversal.
GBPNZD BEARISH CRAB PATTERN Market Sell Order Set Up. Sell Entry: (1.91222) Min Take-Profit: (1.90577) Max Take-Profit: (1.90055) Stop-Loss: (1.91975) Max Risk-Reward: (1.55) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPNZD is quite interesting as there is no strong structure levels before 1.87. There was a support ledge which has failed to hold and we can now see price failing to the downside.
GBPNZD WAVE CORRECTION Market Sell Order Set Up. Sell Entry: (1.90687) Min Take-Profit: (1.89239) Max Take-Profit: (1.88319) Stop-Loss: (1.92141) Max Risk-Reward: (1.63) Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
As we can see we are inside a consolidation zone. Inside in this area we have noticed that we have formed a strong trendline that represents support, and we have broken this support after 7 hours of trying. Now we will wait for the retest of this Support which is now resistance and again the Bearish movement until the touch of our Target.
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 watchlist and see if the rules of your strategy are satisfied
As we can see upper trendline channel, resistence level etc. so we are expecting a reversal near resistence.