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Gbpnzdanalysis

GBPNZD, 4hr tf, sell on retest of resistance levelMy second trading plan for the next week is GBPNZD pairs. As you can see there is a gap which has not been filled for 2 weeks. It's quite a big gap and i think it will be fulfilled sooner or later. GBPNZD finally broken below the ascending trendline which supporting it since 15th December. I am now waiting for price to retest that trendline before taking a sell position. I would prefer if price also retest 1.9080-1.9100 resistance level before going down because this area could be a crucial supply and demand zone. If price really touch 1.9080-1.9100 area and reverse to the downside, we could also see it as a potential shoulders head pattern. A sell limit position will be placed at 1.9080 just in case i was not watching the pairs when price come to this area. Sell limit GBPNZD 1.9080 Stop loss 1.9160 Take profit 1.8690 (4.8R) RR Ratio 1 : 4.8 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPNZD uptrend setupprice direction: UPTREND potential target price: 1.9086 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
GBPNZD – Change to bullish phase to happen soon ?GBPNZD sit at the bottom of HTF Falling Wedge pattern right now and it got a little rejected. I’m expecting this little rejection to continue for a while before forming a bullish continuation pattern. A break from this bullish continuation pattern will be enough to confirm the upcoming bullish move and will trigger my buy entry. Lets see how will this pair develop. Good Luck.. __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. Follow me on my other channel and don’t miss any updates: __________________________________________________________________________________________________________________________________________________________________
Long
by moa_trading_journal
3
GBPNZD- Patience did pay offWhen we posted our GBPNZD ideas some of you came back to us with negative comments, some even stopped following us 😿 Well we did insist on posting it and it did happen and we had the guts, patience, psychology and risk management working for us in order to get to the profits. Again, technical analysis never lies but you guys need to learn how to TRADE if you will ever be able to use any signals. GBPNZD, you did what you had to do, thank you.
Short
by FX_Professor
6