Price is above 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 = 1.8500 Stop = 1.9475 Risk = 25 pips Profit target = 1.9631 ( The projected daily high ) Reward = 131 Pips RRR = 6.55 -1 2nd Entry = 1.9555 Stop = 1.9530 Risk = 25 pips Profit...
Friday's trading completed GBPNZD lower-high setup, with that a rally above 1.96166 could be a point to short the pair on the daily timeframe.
hey traders, I was paying close attention to GBPNZD these last two weeks. The reason is that the pair has recently approached a 2019's high and was strongly rejected. Sellers have been pushing the market to the support line of a rising channel and we see the complete reluctance of buyers to open long trades on dip, so the market has set a lower high. Now the...
GBPNZD looks like it may be settingup a short opportunity. Channel is pretty clean given how volatile this pair can trade. 1) Bulls attempted failed breakout to the upside. 2) Triggered a sell off all the way down to channel support. 3) Price unable to secure support above channel heart--line. 4) Bears attempt to break through channel support. (False...
Missed opportunity on GBPNZD, price retested the trendline and now currently pushing towards the low. will look for more potential sells on the pair.
Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
Targets Defined on Chart TG 1 = Very High Probability TG 2 = High Probability TG 3 = Medium Probability TG 4 = Low Probability
Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
Looks like GBPNZD made a fake breakout of the monthly trendline and will continue pushing down Price is retesting the trendline currently and we could place a sell trade now :D GBPNZD SELL start: 1.96258 stop loss: 1.97051 take profit: 1.93900
Market about to open GBPNZD bullish gbp at major resistance can expect it to be bullish target profit and stop loss updated
This pair has been on a non-stop rise since the beginning of August that only recently exhausted near the 2.00290 1W Resistance. This is most likely a Double Top rejection formation and 1W may form a Rectangle within that Resistance and the 1.82800 Support. With 1W fast approaching neutral levels (RSI = 55.639, MACD = 0.010, Highs/Lows = 0.0299), we are expecting...
We have a strong downtrend on the H4 timeframe. There was a little pullback from the blue zone, but price rejected a minor zone and price action on the H1 timeframe is telling us, that the price will probably drop further. Target i the turquiose zone.
Current trade active on NZD USD Stop loss trail will be updated privately.
The price tried real hard to break out upwards with massive volume, but still ended up in a big bearish pin bar. Possibly going down to the bottom end of this weekly triangle now.
Price has almost done its full daily retracement. Price entered this zone again that has been acting as demand/support. No candle close below this zone. Potential double bottom at zone and overall bullish trend continuation.
Similar to GBP/AUD, the GBP/NZD pair is at an important resistance zone and today's candle already shows increased selling pressure. The pinbar pattern of Friday is a sign that the pair could have difficulties to break above the 2.00 level in a new attempt. The level is also an important psychological resistance. Notice the hidden bearish divergence in the RSI.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for sell.
I think the price didn't go higher than the 08.May high