GBPNZD Recently market had broken out of bullish channel and went sell but not able to cross the strong support zone. So from now i am looking for long move with SL below the support.
I try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
First we identify the lower highs (LH) and the higher highs (HH). Perdicting that price will retrace at this point.
GBPNZD create cup with handle pattern. 300+PIPS opportunity!
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...
Here is my idea for this pair GBPNZD with Risk Reward Ratio 1:6 What do you think? If you have any idea Comment below here. Glad to hear that.
Its Monday & Already The Markets Are In A Giving Mood... Trend Continuation With This Pair Offers AN Ideal Opportunity To Go Long... TP 1$2 Indicated By Dotted Lines & SL Indicated On The Chart Or You Can Yours At The Very Lowest Point of This Pair's Lat Move Down.. Happy Trading!!!11
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
Fibonacci confluence resistance zone HCH pattern of reversion in resistance zone
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.
GBP is looking very strong and I expect it to push higher. Price on this is currently at resistance but with the momentum this should go straight through it. I have set 2 take profits as I am ultimately aiming for TP 2 but TP 1 allows for exiting the trade and re-entering after a retracement.
After yesterdays Bank of England announcements all GBP pairs have spiked upwards. I would expect a retrace on this soon before generally continuing upwards. I am bullish on GBP in the long term but there should be some short term shorting opportunities coming. This is also at a big monthly and daily resistance level which should make a drop more likely, and at the...
Sell when GPNZD reaches that level
GBPNZD, Strong Price Rejection due to strong significant Support!
We look at price action as it gets into this sell zone for any signals of a potential reversal.
GBPNZD, Respecting two strong trend line and retesting strong Support! Watch out Friends!