Gbp-nzd
GBPNZD SS Long + 178 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8880
Stop = 1.8860
Risk = 20 pips
Profit target = 1.9058 ( The projected daily high )
Reward = +178 Pips
RRR = 8.9 - 1
2nd Entry = 1.8950
Stop = 1.8925
Risk = 25 pips
Profit target = 1.9058 ( The projected daily high )
Reward = + 108 PIps
RRR = 4.32 - 1
I would appreciate if you leave a comment or like as a thank you
Have a great week !
Allen
gbpnzdgbpnzd buy til 61.8 % fib for an ABCD pattern and daily trend line !!
small lots pips are strong in this chart
GBPNZD: Trading Plan For Next Week
GBPNZD has reached significant resistance level.
currently the price consolidates within a rising parallel channel called bear flag pattern.
your plan for next week is to wait and sell bearish breakout of a flag.
T1 - 1.8715
T2 - 1.8520
Stop above the highest point of the flag.
if the market goes above 1.9, setup will be invalid
GBP NZD SELL (POUND STERLING - NEW ZEALAND DOLLAR)Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern that its forming and watch strong price action for sell.
GBPNZD - SHORT POSSIBILITYCHART FAKED OUT A RESISTENCE BREAKOUT BUT IMMEDIATLY MADE A CORRECTION, AS YOU CAN SEE PRICE IS NOW UNDER THE RESISTENCE LINE + A TRENDLINE = SELL TO THE NEXT SUPPORT
GBPNZD LONGso the golden box has been tapped and rejected with a perfect fib rectracment despite the news last night. my biased opinion is long to at least highs of 1.9911 if not 1.9980
GBPNZD COMPRA1. Rompimiento de la linea de tendencia bajista
2. Respeta punto de entrada fibonnaci
3. Continuacion de tendencia alcista en 4H
GBPNZD: Simple Trend Continuation Trade
simple trend continuation trading setup on GBPNZD.
after the market has set a new structure low around 1.84,
we see a pullback to previous structure level.
now we can expect bearish continuation and retest of the market low.
Key levels: 1.855 and 1.84
GBP NZD BUY (POUND STERLING - NEW ZEALAND DOLLAR)Hi there. Price may reverse at the bottom of the previous low to form a B wave of a possible continuation pattern to the downside. So, wait for the price to hit the bottom of the pattern and watch strong price action for buy.
Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.8571). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 1.87411
TP2= @ 1.88947
TP3= @ 1.90835
SL= @ 1.8505
Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.8571). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 66.
Take Profits:
TP1= @ 1.87411
TP2= @ 1.88947
TP3= @ 1.90835
SL= @ 1.8505
Potential Bullish Movement on GBP/NZD by ThinkingAntsOk4H CHART EXPLANATION:
On this timeframe price is on a Desncending Channel, and broke the middle trendline inside it. Also, on a higher timeframe, it did a fakeout of the Major Ascending Channel, so we now expect a pullback towards it to continue the upside move.
MULTI TIMEFRAME ANALYSIS:
-Daily:
-Weekly:
GBPNZD SS Short + 76 Pip PotentialPrice is below the Daily and 15 KS as well as the cloud. This is a Type 2 trade with a High probability and good RRR.
Entry = Sell CLOSE below 1.8487
Stop = ??
Risk = 25 pips
Profit target = 1.8409 ( The projected daily low )
Reward = + 76 PIps
RRR = 3-1
I would appreciate if you leave a comment or like as a thank you
Have a great weekend!
Allen
GBPNZD SS + 102 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries (it is one or the other, not both)
Entry = 1.8468
Stop = 1.8488
Risk = 20 pips
Profit target = 1.8366 ( The projected daily low )
Reward = +102 Pips
RRR =5-1
2nd Entry = 1.8436
Stop = 1.8461
Risk = 25 pips
Profit target = 1.8346
Reward = 90 Pips
RRR = 3.6 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
GBPNZD - FOREX - 15. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Bearish price action and pressure.
4 HOUR
Break below previous lows and support zone of short/midterm long holders.
DAILY
Market structure at a strong support zone, expecting some bullish price action now!
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FOREX SETUP
BUY GBPNZD
ENTRY @ 1.87160
SL @ 1.86370 (80 Pips)
TP @ 1.88500 (135 Pips)
RR: 1.70
Use 1% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
