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
GBPNZD LONGWEEKLY Timefram- price has broken lower Trendline
Daily Timeframe- visible H&S , market may move towards upper daily TL before taking short
Note: if price breaks upper Trendline D1, long after Retracement!
GBPNZD Short Trade IdeaHey traders, here is the analysis for the GBPNZD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
GBPNZD- Selling againLooks like the price has hit resistance and about to drop again
The previous week this trade offered us 3 take profit levels and excellent profits, hope to repeat the success now.
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.
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Thank you for your support ;)
GWBFX
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..
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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.
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GBP/NZD Technical Analysis
The counter has broken down a head and shoulder pattern.
The pattern is right inclined which portrays extreme negativity in the counter.
Hence, we expect the pair to be bearish in the short-term.
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.
GBPNZD- Our 4 take profit levelsWe like to take profit gradually. Find on this chart our 4 take profit levels for GBPNZD
GBPNZD - Week starting ok here with (finally) this drop hereIf you have been following my idea, GBPNZD has been difficult tocatch the last 10 days but finally not just we stayed alive in this position but also opened a critical new one last Friday. Already in the money and making profits with the second and third DCA positions.
Fundamentally:
New Zealand doing AWESOME
GBritain has Brexit and Covid issues atm
...Thus we are selling
GBPNZD SELL ON DIPS !!!As i can see this oair had closed under a strong support zone and now er looking for dip on this pair
so dont miss this entry on sell with a small risk and higher rewards
Friends push like it will be a great love for us
follow us for more updates
GBPNZD: No lift-off = possible dropThe third attempt to break over the resistance was not successful either.
Price is in a descending triangle at the moment and volatility is expected in 9x4h candles = 1 to 2 days)
Will need to manage our positions accordingly and be patient enough to get on a good trade here.
GBPNZD -3rd attempt to flyFurther to our previous idea, this is one of the assets that from our technical analysis shows great potential to rise, yet fundamentally it is not the strongest of trades.
From our experience we prefer to believe the chart than listen to the noise.
3rd attempt can be the one.. let's see what happens now
