GBPNZD
GBPNZD - W Formation but very weak signalW Formation has formed on the GBPNZD BUT it is a very weak signal.
The price action is clearly sideways and this traps a lot of traders into buying the breakout.
What tells me this is the LOW volatility which should signal a warning.
Also we have mixed signals with MAs 7>21 but <200MA
RSI >50 - bullish
Target 2.000
I call this a LOW probability setup and one I wouldn't actually take. But for the risk takers, they can with pleasure.
AUDNZD I Potential buy from demand zone Welcome back! Let me know your thoughts in the comments!
**AUDNZD 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.
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GBPNZD - Criteria Met!Last week we looked at this and it had not swept the high of the wick we were after, it has done that (only just!) right now. I am officially in LIVE on this trade, stop and profit levels are shown. This is my analysis, trust your own.
Any trade for the rest of the week will more than likely be demo only as only 1 live trade gets taken at a time as a measure of risk management.
GBPNZD : Long Trade ,4hHello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price has managed to break the range channel and also the key level of 1.94000 upwards. If the price can make a correction around this level, it is a good point to enter. It is a trade and we can expect it to continue its growth until the key level of 1.99600. Good luck.
GBPNZD buy Entry : 1.93580
Stop : 1.90643 , Target1 : 1.96824 , Target2 : 1.99455
Risk/Reward Ratio : 2
GBPNZD - Bearish price action ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Here we can see that price took buy stop liquidity, formed a normal divergence and rejected from institutional big figure 1.93000, so I am looking only for shorts.
‼️Attention!!! Due to the fact that we have news events on GBP & NZD this week, the analysis can be invalidated.
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✅TS ❕ GBPNZD: fixed over the channel✅✅ GBP NZD is testing the resistance level.
The price continues its upward movement after the channel breakout.
The chart will continue to grow. ✅
🚀 BUY scenario: long to the resistance area. 🚀
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Remember, there is no place for luck in trading - only strategy!
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GBPNZD GBPNZD - Just an idea!
Technical view:
Beautiful channel/ Trendline down now concentrate on that. Now yes could be pattern wise a cup & handle pattern - but it hasn't broken out yet ... Look at the price and the wicks of the candles on knowing who's in control. Above and out of this channel bulls can gain control towards 200 EMA. However, if we break below the range we are in expect us to retest the recent lows of 1.89250/100 areas.
Keep it as simple as possible with the great R/R trade ideas.
Key tip: Don't forget to follow your own trade plan that's what really matters.
Have a great day ahead,
Trade Journal
GBPNZD H2: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)Why get subbed to me on Tradingview?
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-2500+ ideas published
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-Supply/Demand Zones
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-24/7 uptime so constant updates
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GBPNZD H2: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more losses
short-term and mid-term as well. SHORT/HOLD IT.
🔸 Summary and potential trade setup
::: GBPNZD H2/candle chart review
::: locked inside major trading range
::: recently bounced hard off range lows
::: swing lows 9020 swing highs 9240
::: risk/reward shifting in BEARS favor
::: expecting re-tests of range lows
::: shorting near range highs makes sense
::: overbought market conditions near 9260
::: BEARS taking over from here
::: expecting short-term losses / backtests
::: BEARS focus on re-shorting range highs
::: near 9260 range highs (well defined range)
::: right now most likely short-term weakness
::: so get ready for the price to max out
::: SHORT/HOLD 9240/60
::: SL 60 pips TP1 +150 pips TP2 +300 pips
::: Recommended strategy: SHORT/HOLD rips/rallies
::: just load it up and get paid, period
::: good luck traders
🔸 Supply/Demand Zones
::: SUPPLY 9240
::: DEMAND 9000
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: reversal/DUMP/9000
::: Sentiment outlook mid-term: RANGE/MIXED/PULLBACK
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
GBPNZD, Shorts clear again?Sorry for the lack of posting, I have been having some good success with set ups, I just forget to share them here. Another idea for GN, that last one paid out at 18:1 RISK REWARD. Only looking for shorts should that wick mentioned be swept (price takes it out).
From there I will drop to a lower time frame for my entry, but even just setting a sell limit order on that wick is around 4.5:1 RR so that in itself is not bad. I will see if I can up that reward by trying to nail an entry lower. Things looking very nice around the whole market. Do't get ahead of yourself, one trade at a time :)
GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)Why get subbed to me on Tradingview?
-TOP author on TradingView
-2500+ ideas published
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-before/after analysis
-24/7 uptime so constant updates
🎁Please hit the like button and
🎁Leave a comment to support our team!
GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
from 8880/8950 reversal zone bulls.
🔸 Summary and potential trade setup
::: GBPNZD 4hours/candle chart review
::: ongoing rangebound trading
::: pullback/correction in progress
::: SPECULATIVE SETUP / do your own due dill
::: for best results BUY/HOLD later
::: fresh liquidity bulls near 8880/8950
::: BULLS BUY/HOLD at 8880 later
::: expecting reversal TP BULLS 9250
::: get ready to BUY LOW / near 8880
::: best entry: after pullback near 8880
::: recommend to BUY/HOLD TP1 +250 TP2 +350 pips
::: recommended strategy: BUY/HOLD after pullback
::: final TP BULLS 9250
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8880 fresh demand zone
::: 9460 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/pullback MODE
::: Sentiment mid-term: BULLS/reversal/8880
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
GBPNZD dips continue to attract buyers.GBPNZD - Intraday - We look to Buy at 1.8950 (stop at 1.8875)
Previous support located at 1.9000.
Previous resistance located at 1.9100.
Price action has continued to trend strongly lower and has stalled at the previous support near 1.8950.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9100 will confirm the bullish momentum.
Our profit targets will be 1.9150 and 1.9190
Resistance: 1.9100 / 1.9200 / 1.9250
Support: 1.9000 / 1.8950 / 1.8900
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GBPNZD: SELL OPPORTUNITY !!GBPNZD is trying to complete the ABCD pattern and also potential bullish crab pattern.
Price broke the support level of 1.9057 and now going to retest.
This is a good trade opportunity to take.
Trade with care.
I will update at here if the trade opportunity is given.
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