Wait for the market to come to you. Don't play yourself, play the game. Let the banks show you the real direction.
GBPNZD has broken above a huge flag pattern, into a new, narrow flag pattern. Expect price to break to the upside with strength.
GBPNZD is approaching its resistance at 1.9620 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it is expected to reverse down to its support at 1.9062(38.2% Fibonacci retracement , horizontal swing low support). tochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected....
if seller failed to make lower low, we can take a buy.
GBPNZD is approaching its resistance at 1.9620 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.9062(38.2% Fibonacci retracement, horizontal swing low support). tochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is...
GBP NZD Long trade the Breakout 1.95 will confirm 2.00 as previous posts stated we were short as long as our trendline held Well it broke with a nice 4 hour bearish Dodgi perfect , we will now target 195 , a break of this zone will see higher highs and a possible 2.00 GBP issues are being clarified EU will give UK a long extension which we will see the GBP...
While our GBP NZD trade stays under our Strong tend line we shall stay short TP1 +50 Pips Hit market waiting for further direction in tomorrows GBP figures and further Brexit circus ball juggling
i think this pear is for short if breakout confirmed.
Easy few pips here, wait for bounce or solid downward price action...
If my count is correct (12345), I believe we have a pretty clean long position here.. (Can a '12345 corrective' come immediately after an ABC? I'm only beginning to learn Elliot rules.) Channel looks good, take a long with a stop shortly below the 2 and 4 position, below the channel. I feel like if that doesn't hold there isn't much evidence for a long. About...
IM WAITING THE END OF THE BULLISH CYCLE, LF SH IN LIQUIDITY ZONE IN THE TOP TO PUT A BIG SELL
We are long on the GBP NZD and have been 500 pips ago as long as our lower trendline holds we will maintain a long position A break of 19550 will open the door to 2.000 +
We are taking a long on the GBPNZD , 5 to 1 risk reward ROI , nice start to week Why ??? its April fools day why Not No seriously we are long have a great trading week
Check my chart. broken support and rested the trend support as resistance. I am seeing this going down to at least 100pips. Always use risk management and don't overtrade. Goodluck!