GBPNZD is moving in a downward channel. Currently, on the daily timeframe, the price has formed a daily bearish engulfer or a middle man. There is a high probability that the price will respect this resistance and will continue to drop!
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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
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.
The way I told you, you have to trade like this and you will...
✅TP - green lines
❌SL - red line
Entry - yellow line
Original Analysis GBPNZD
Rising Wedge identified at 22-Apr-14:00 2022 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.94711 within the next couple days.
Support Levels
1.9148
Resistance Levels
1.9473
This does not constitute investment advice and...
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
In this update we review the recent price action in GBPNZD and identify the next high probability trading opportunities and price objectives to target.
GBPNZD hrly short
⚠️ impactful news
Shortstop @ 1.92369
TP #1 @ 1.91830 71.11% wr
TP #2 @ 1.91230 53.33% wr
SL @ swing high 1.93420 22.22% hr
WR & HR determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on bifrost trades
GBPNZD hrly short
hortstop @ 1.91588
TP #1 @ 1.91299 70% wr
TP #2 @ 1.90732 51.16% wr
SL @ swingh igh 1.93147 23.25% hr
WR and HR Determined from past trades on this time frame & pair
More trades like this on my profile and on Bifrost Trades.
In this update we review the recent price action in GBPNZD and identify the next high probability trading opportunities and price objectives to target.
Hello Traders, Scalpers & Investors!
GBPNZD(GN) cross pair currently create hidden bullish divergence with over sold pattern.
Now I expecting a rebound to retest 1.996xx resistance zone!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this...
