GBPNZD ... Potential "Counter Trend Trade" for Next Week - Atlas
Looking at Monthly Expansions and Weekly expansions for swing trade entries within the monthly and weekly template. We have some exciting levels to prepare for!
NOTE: KNOW WHEN TO CLOSE TRADES! Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
The price is rising towards the buy entry and could potentially rise to take profit level. Buy entry is at 2.07826 which is an overlap support that aligns with the 78.6% Fibonacci retracement level. Stop loss is at 2.06016 which is a level that sits under an overlap resistance. Take profit is at 2.09636 which is multi-swing-high resistance level. High Risk...
Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Breaking down markets are not easy. It is better to gain thermology and gain knowledge. Remember these 3 E's; Education, Experience, Excess(cash). So Education + Experience = Excess(cash).
CHF/JPY Short • If price impulses down below the base of our most recent ending structure, then I'll be waiting for a subsequent tight flag to form and then I'll filter it latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I...
EUR/USD Short • If price impulses down below our most recent correction on the one hour chart and a subsequent tight flag forms, then I'll filter the latter on the fifteen minute chart and be looking to get short with either a risk entry within it if the flag is structured, or a reduced risk entry on the break of it if it's unstructured or I don't manage to...
In this video I break down just two positions that shaped up last week on EURCAD and GBPNZD, both sells with a minimum return of 10% on both positions. Why is there always an industry gimmick of 'don't trade in December' when people have not even tested the data. Go back to December 2022, 2021, 2020, you will find positions in the market. Keep your focus on the...
Price could react off our buy entry which is a multi swing-low support level at 2.04374. Our take profit is at 2.05493, a pullback resistance level. Stop loss is at 2.03771, which is an overlap support level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against...
The Consumer Price Index (CPI) is a measure that examines the average change in prices paid by consumers for goods and services over time. It is a widely used indicator for inflation. However, I don't have real-time data, and my training only includes information up until January 2022. Therefore, I cannot provide the current or recent CPI for GBP (British...
Our analysis is based on multi-timeframe top-down analysis & fundamental analysis Based on our view the price will rise to the monthly level DISCLAIMER: This analysis can change anytime without notice and it's only for the purpose of assisting traders to make independent investments decisions. Please this is a PREDICTION and I have no reason to acts on it and...
Hey Traders, As the GN bounces we can look for new short/long entries. Minor PA provides a negative bias, although we are happy to add circa 2.058. Lower down move needed for longs as described circa 2.01. Watch for more.
We've got a triangle, wedge, pennant pattern forming here on the GBPNZD and in this video i want to show you how I use the anchored volume tool to project the levels that price is likely to go to once we breakout from the pattern. If you have any questions or comments about the idea, or if you just want to share your own views, please leave it in the comment...
Hey Traders, It's vital to be able to draw and understand the long term market in any currency pair. That's what allowed me to call it short several times in the recent past and is why I covered it here: That's because it gives you a gauge of where there is short value and where there is long-side value. This is what professionals and institutions do alike....
GBP/NZD Short • If price impulses down below our area of value, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan...
GBP/AUD Short • If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any...
GBP/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2.05730 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 2.07000 which is a level that sits above a pullback resistance level. Take profit is at 2.02931 which is a pullback support...