Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
price make a broadening wedge pattern, and the last structure price made an uptrend but already breakout, it will be going down and break out the support or going down for bouncing back to the uptrend.
I predict price will be bullish, especially since NZD GDP will be released. I predict the result will be bad because New Zealand was in lockdown for the past month due to spreads of coronavirus.
This Currency Pair Worth of Trading This Week Because it has Bullish Bias along with Two Confirmations
1-Ascending Triangle Chart Pattern
2-200 MA Support
3-Fibonachi Levels
There is Divergence on the RSI for GBPNZD. With Gross Domestic Product (YoY) and Gross Domestic Product (QoQ) report releasing in the next several hours. Get ready for the sell!
learn how to trade support and resistance with psychology trading areas
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starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance...
learn how to trade support and resistance with psychology trading areas
________________________________
starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance...
Hi Guys, let’s make a full top-down analysis of this pair, we will take the trade if all the condition of the strategies are satisfied. Press like button to support this video and let me know in the comment section if you have any questions
Welcome to our Trade Setups - April 12th ( GBPNZD ) !
BUY GBPNZD
ENTRY LEVEL @ 1.95522
SL @ 1.93700
TP @ 1.98256
Max Risk: 1% - 3%!
Risk/Reward Ratio: 1.5
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
Hello Traders, here is the full analysis for this pair, let me know 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
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
Another TP hit on this yesterday, now retrace it taking place. Looking for chance to re-enter a long around 0.382 Fibonacci. If price rebounds here target is 1.96382. Looking for a further target beyond that of 1.98041 but that may need to be a separate trade after taking profit and seeing retrace.
