Gbpnzdanalysis
GBPNZD....SELL (200 PIPS)After GN bounced off at a resistant price value at 1.9237, it has retraced to last week Friday's range. GN has a poor momentum to be bullish for now and hence technically, i see GN re-visiting this weeks Monday's low at 1.8997. But I do expect GN to close this week below its previous low at 1.8997. Currently trading a bit above the 78.6% fibo mark.
NB: Eyes on the breakout zone ( Blue Box Region)
Red Box ( Possible rejection zone)
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, 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 :)
DeGRAM | GBPNZD consolidation breakoutGBPNZD is moving in the ascending channel and making higher highs.
The market broke and closed above strong resistance that became support.
Following a price surge, if price pulls back to the support level then we expect retest of the resistance level .
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GBPNZD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPNZD .
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking only for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from institutional big figure 1.91000.
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GBP/NZD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GBPNZD....SELL (166 PIPS)Expecting the bearish continuation on GBPNZD, GN had a sell rally since last week, but today's NZD unemployment data gave a weaker NZD report which made an opposite move on GN. But failed to the upside and has revisited its initial entry zone. expects the market to return to 9th Jan's low and if not a price reversal to form a consolidation, I'm still interested in GN revisiting the 1.8844 psychological level.
GBPNZD Trading Plan - 27/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPNZD to go Up after finishing this correction.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPNZD....SELL (320 PIPS)EXpecting a strong sell run on GN to re-visit last years september/covid low at 1.88440.
Price of GN tried to rally up but consolidated for almost 4 weeks at 1.93240 and 1.89410. After GN fall on thursday Asian session, i expect this momentum to continue to complete the sell run on GN.
NB: Weekly, Daily and 4H Analysis
GBPNZD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPNZD.
After taking out liquidity above trendline, price started a retracement. I see price to go a little bit lower to fill the imbalance and then to reject from institutional big figure 1.91000.
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