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
When we posted our GBPNZD ideas some of you came back to us with negative comments, some even stopped following us 😿
Well we did insist on posting it and it did happen and we had the guts, patience, psychology and risk management working for us in order to get to the profits.
Again, technical analysis never lies but you guys need to learn how to TRADE if you...
We Have an Analysis Of GBPNZD H1. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the Market has a Bullish Direction but the market rejected the price from the resistance level Even those market bullish because the market also retests the trend line so on behalf of this we have a target (resistance) level @1.961470 &...
we have very big selling pressure and price now also coming back so let's not take any position for now and make have some money for support touch..
we will long at support
- Last week the market was in a consolidation area being indecisive. By the end of the week it had make two exhaustion on daily with inverted hammer.
- This week we look to sell as the market makes a decision to weaken
- 4HR we have selling in the market as it creates an engulfing
GBP/NZD short-sell potential weekly chart overbought levels in rsi, bb, demarker
3:1 risk reward ratio 300 pips vs 900 pips high pennant resistance 2.100/ 2.0500 stop-loss, support low 1.900 target-profit
Economic calendar release for NZD RBNZ Interest rate decision 0.25% vs 0.25% and GDP for GBP (QoQ) -2.5% vs 0.0% (YoY) -2.1%vs 1.1%
Open Market in monday has...
MONDAY, 4th May 2020
#GBPNZD SELL
ENTRY = NOW at 2.06600
SL = 2.07300 (-70 PIPS)
TP = 2.03000 (+350 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
