Gbpnzdanalysis
GBPNZD - Full Analysis Breakdown. Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
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GBPNZD TRADE IDEAHello Traders,
I hope you are having a good day,back at the trading game again still on GBPNZD FOR THE BEARISH OPPORTUNITY LAST NIGHT WE GOT A FEW PIPS FOR THE NIGHT AND WE ARE BACK AT IT AGAIN FOR TONIGHT,Been very bearish for the past few days so i am looking for the short opportunity to the daily low.
GOod Luck Traders who take this trade.
Gbpnzd trade setup for this weekGBPNZD is fluctuating at at is resistance 1.95483 for about 2 weeks and if you see the previous history you will see that this is the main resistance of gbpnzd now it will go down and its target will be 1.90156 even if it has to go up it will retest this support 1.90156. so there is a good opportunity to gain around 450 to 500 pips .If you need any help you can DM us
GBPNZD Daily Candle Forming Bearish Momentum Nowadays the market is so unpredictable as the pandemic and political events are ongoing. But as a trader, we have to always wait for the better entry as we are always trying to do. We find out GBPNZD is forming bearing momentum and approaching to breakdown its uptrend channel.
GBPNZD IdeaScenario 1
- Break of ranging market and continue to the upside. Potential long term target could be 2.00900.
Scenario 2
- Continue of a ranging market / consolidation period (DO NOT TRADE THIS).
Scenario 3
- Move to the downside and a break of the support level. Potential target would be 1.91270.
GBP/NZD BUY 📈👋 Hello and welcome traders to another trade idea with Fobian
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👉 WE have Signal for BUY:
- Price get out of Asian session.
- We have signal for BUY from zone to zone.
- We get involve in this trade.
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GBPNZD: Possible Change in Trend...Movement to the downside!!!First, lets look at candlestick pattern. As we all know, this simple 3 candlestick pattern shows us a BEARISH signal. How do we determine this? Just take the entry, lowest opening and highest closing to form a single candlestick. You will see a BEARISH candle from this. Next, we take a look at Ichimoku cloud. Today's candle shoed us a rejection from the Ichi Cloud which could signal to us that BEARISH movement have yet to stop. I could see price moving back to respect 1.9505 as a resistance level giving a potential movement to the support level @1.8990.
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GBPNZD, 4hr tf, buy above the kumo cloudHello my friends,
Yesterday i take a buy position on GBPAUD and it is has already hit TP1. I already take partial profit on it and set remaining position on breakeven for a risk free position.
For today i am taking another buy position with GBP cross pairs. This time is GBPNZD.
Noticed that price above the green kumo cloud on 4hr tf and parabolic SAR below the price. So we will only look to buy as the pair are bullish on 4hr timeframe.
At 1.9570 there is some support that could hold price from going further down. There is a horizontal support and notice it is also the 61.8 fibonacci retracement of recent upward swing.
Buy GBPNZD 1.9570
Stop loss 1.9490
Take profit 1 at 1.9650
Take profit 2 at 1.9730
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck