GBPNZD sell near resistance line at 2.005 stop loss 2.02 TP 1 1.99 Tp2 1.97
The market is currently at a strong resistance zone. I am currently looking for a reversal pattern before going short.
GBPNZD SHORT IDEA: Entry from 1.9939 Take profit: 1.93449 Stop Loss: 2.00294 If the trade breaks structure, look for the retest to enter if you wish to do so. I Entered at my price due to it being the third touch on the top resistance line.
MN Trend: Downwards Huge room for profit to SHORT W1 Trend: price currently re-aligning Potential for HUGE sells D1 Chart: D1 SELL zone identified if selling in D1 chart H4 entry: H4 SELL zone identified if selling in H4
I have tried to make everything self explanatory in the chart
Within the range I specified, it is great for low-risk purchases if it arrives
Potential GBPNZD Short Divergence + Strong resistance
I think GBPNZD will sell. Trade with caution. do not risk more than 1% of your account.
GBPNZD / 4H GBPNZD has been trading in a bullish trend, and now has arrived at a major level, plus the price is trading next to the weekly trend line. We expect this pair to fall more. Trade safe, Trader Leo
Hello. By breaking the positive upward trend line in the time frame of the week As well as completing the second branch of the correction We are now at the beginning of the third correction movement in the time of week
Nice day, you guys ! 1. OB of H4 TF formed. 2. Cypher Pattern maybe completed at OB. Consider to short if enough of 2 above conditions. Good luck !
MN TF: Downtrend WK TF: Price is still going upwards but approaching opposite Supply zone D1 TF: H4 TF: 2 BUYS zones identified when D1 price confirms BUYING pressure.
Trade looks ready for the sell. Take small risk. Good risk to reward.
Watching GBPNZD short as it reached to a resistance level and a bearish divergence 1:5 RR a strong resistance can help it to reach to previous support level
H2 time frame. Structure: The current uptrend and price are showing divergence at the 1.97000 resistance zone. Here, a head and shoulders reversal pattern can form. Wait for the reversal candle signal at the right shoulder to appear, then you can find selling opportunities. The profit target is the price zone 1.93000 and...
Looking for sells in this one. Good risk to reward. Take care and risk small.
GBPNZD is builded LL last week and made retracement in 61.8% zone ( Influence zone) let's go down! RR 1:5 ✔️ ENTRY 1.9450 ❌ SL 1.91550 🏁 TP1 1.93570 🏁 TP2 1.91500