Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 2.0303 Stop = 2.0278 Risk = 25 pips Profit target = 2.0378 (the daily projected high) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great...
POTENTIAL TRADE: GBP/NZD In this currency pair, we are looking for short positions. As you can see, we had our fist impulse down as shown by the flag-pole. We are not experiencing a correction in the form of horizontal flag. We are looking for sells at 2.0145 (current market price). ENTRY - 2.0145 STOP - 2.0250 TARGET - 2.0
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
GBPNZD broke upper edge of up channel and then rejected from supply zone at level 2.0435 Bearish movement occurred for retesting upper edge of channel Price rebound from 61.8% Fibonacci level at level 2.0016 Price broke upper edge of falling wedge pattern MACD shows weakness in bearish momentum RSI is in uptrend It's expected for bullish movement to target...
Hello Traders, GBPNZD is going to treat us very well this week if the pattern is correct. Most of the time when im reading the patterns, im getting them right so lets see how this will play out. I'm about to do a live trading video on it, so stay tune and wait and see. Trade Safe - Trade Simple Alex
After a few days with NZD Employment News, we are potentially seeing a downside for GBPNZD to sell. TP: 1.997-1.995
GBPNZD followed the direction set on our November call and pull back to the symmetrical (black dashed line) support: As mentioned then, this is repeating the late 2017/ early 2018 pattern. Since the uptrend was rejected on the 2.04750 1M Resistance and the price pulled back, with 1D turning neutral (RSI = 55.295, ADX = 26.734, Highs/Lows = 0.0000), we are...
Key area of support is 49. Look for break of descending 4 hour trendline or a touch of the long term ascending trendline.
MY GBPNZD WEEKLY TRADING MAPS - Updated on Feb 2, 2020 Please "Follow" to get new updates "Like" to support next analysis This analysis is for reference purposes only. Contact T.ME/fxcopiers Many Thanks
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Clear trend channel since Dec'19! In lower timeframe we can see a possible H&S formation in the last higher high! Price in support/resistance zone! Waiting for candlle closure below 1.9930 would be great to short!! Keep waiting What do you think??? Lave a comment!! Let me know your opinion about this one!!
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell.
It has been almost 20 days waiting for the completion of the GBPNZD corrective wave. Price has just retested the anticipated confluence level and I will be looking to short at the break of the confirmation line. Previous analysis:
as described w/ chart. Use proper money management, high pips movements!