Plan : structure / trendline breakdown --> wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
On the Higher Time Frames H4 and Daily You see a lower low and lower high (Retest)
Typical Double Top Formation, Main Trend Broken, Retest then Bearish Trend start
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy GBPNZD from 1.96-1.963 Stop-loss 1.955 You will find more trading ideas in SAV Finance community.
As you can see I am patiently waiting for a breakout confirmation to the down side. refer back to July 19 2019 for a similar chart pattern. wait for a breakout below the yellow support zone which will then become the new resistance zone for a short position. Target is at the 261.80% fib level. may take up 2-4 wk for everything to play out. Good Luck.
Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
GBPNZD Right now have found a head & Shoulder pattern break not yet confirm. We need to wait until Market break the neckline. We have Found Uptrend Line on Monthly Time zone. In Weekly Time we have seen Swing Change. And in Daily Time frame we have seen Head & Shoulder Pattern. When to Take tra de. Wait until market break the neckline. use proper RISK...
BullFlag and Double Bottom of the Structure , possible that GBPUSD Pushed Higher High in Upcoming Dyas
Mini Ascending Channel and Double Top of the structure , waiting for the Sell.
Friends, please before reading, support this idea with your Like and any Comment, thanks. You can buy GBPNZD from 1.958-.952 Stop-loss 1.942 You will find more trading ideas in SAV Finance community. Good luck!
Hello traders. i have made analysis on GBPNZD ,daily chart. I see it forming a head and shoulder pattern ,im currently in a long position till the resistance at: 2.00000 , then i will take a longterm short , TP: 1.85000. Kindly share your take on this.Happy Trading
bears are in control we may go deep south before any chance for uptrend
As you can see from the chart, GBPNZD has broken below a daily support zone impulsively. Price is expected to retest this level that lined up with mean value + 50% Fib as resistance in wave "b". Once the corrective wave b is completed, it will give us the chance to go short in wave "c" of (y) of B. The correction might extend higher but must not trade above the...
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...
ANALYSIS- 1. DOWNTREND CONTINUATION 2. RESTEST OF RECENT SUPPORT LEVEL TURNED RESISTANCE 3. BEARISH PINBAR FORMATION AT RESISTANCE
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...
A great opportunity to short GBPNZD this week, hope you have a safe trade :)!!