The price is currently at strong resistance, also a triple top formation so the next wave is expected to be a downside
The Zone of 20.02871 has not yet been broken which means we can have a sell at this point for 90 pips straight with tp 20.1746 and fun part is it just re tested the zone on the last day just to make sure it will drop on Monday so just wait for the market to open and enter in sell After trying out this signal come back and follow me and comment your'e experience
Hello traders, we currently have a short setup for GBPNZD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go short. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel...
GBPNZD is expected to drop to 1st support at 1.98139 where it could potentially react off and up to 1st resistance at 2.00959. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello everyone, RBNZ rate decision tonight, trade safe and if we get hawkish statement then this is a very nice opportunity. If we get dovish statement or a surprise then this setup is INVALID. Good luck.
This is my look at the weekly chart! Price already touched support that has lasted for years and... Bounced Off Of That Support. After the move down , we had some moves up on the daily time frame.... This was just a pullback on the weekly and now its time to go short again for more than 200 pips!!!! Gbp News is expected to be negative for the Pound 1 hour after...
GBPNZD reversed off its resistance at 2.01941 where it could potentially drop further to 2.00025. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
This setup is pretty straight froward. I am looking for a bearish kumo breakout to validate a sell signal. Right now we are holding back above the flat kumo, so I need to see that level broken where I've drawn my entry level to help confirm it is indeed time to sell. I've placed my stop for this setup above the recent price structure Lower High. As usual...
Hello guys, in this video i show as to why i will only be looking for shorts on the gbpnzd pair. My bias is shaped by the fact that the UK has had extremely weak economic data. The pound was given a little strength by their interest rate decision but i think that ride is done. The country has to negotiate with many nations trade deal and this uncertainties will ...
We look to short to a minor support and wait for the market to break or loose momentum
- After a drop in the market, GBPNZD looks to continue to drop - No valid reverse or loss of momentum at the moment as we look to enter on LH's for sells
After a few days with NZD Employment News, we are potentially seeing a downside for GBPNZD to sell. TP: 1.997-1.995
The weekly chart above shows GBPNZD's entire decline from Aug 2015 high. The sell-off is a textbook Elliot Wave impulse pattern, labeled 1-2-3-4-5. According to the theory, a three-wave retracement follows every impulse. Here, that three-wave rally has been unfolded as a W-X-Y-X-Z triple zigzag pattern. Wave (c) of Z is about to complete. I anticipate GBPNZD to...
GBPNZD SELL OPPORTUNITY ON DAILY CHART
We have sold and price moved in our favour almost immediately.