Gbpnzdbuy
GBPNZD Buy Intra day set upWe are at bullish hourly trendline, this little down trend might make one more low, I'm looking to buy at the bottom. This is just an idea for now, this may look completely different by the time news drops.
I really like that we retested a Point of control (red line) and the institutional players pushed this up.
I'm just going with the signals, which are saying "buy"
I put limit orders in for this because I will be asleep during the news.
Grab Your Train Ticket Before Its Too Late [GBPNZD DAILY BUY]Look at that EMA/MA Curve crossing and heading up, its also bounced off the .382 Fib zone, this can be a very strong buy for a couple of days, for sure a great long scalp , trade wisely and not with emotion, understand direction and price action
GBPNZD - SELLERS FAKE - 14.05.2019DACAPITALTRADING V2.0:
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1 HOUR
Bearish break below previous support level.
4 HOUR
Bullish waving market structure with several pullbacks.
DAILY
Strong bearish market last couple of days need a pullback to the upside.
DACapitalTrading V2.0
BUY GBPNZD
ENTRY @ 1.96370
SL @ 1.95130 (120 Pips)
TP @ 1.98470 (210 Pips)
RR: 1.70
Use half of normal Risk (0.5%)
(Remember to add a few pips to all levels - different Brokers!)
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HAVE A GREAT WEEK
ALAN
ELLIOT WAVE: GBPNZD BEARS READY TO RESUMES A LONG-TERM DECLINEHi Traders,
The GBPNZD daily chart above revealed that the sell-off from the high at 2.0476 to the low at 1.8132 was an Elliot wave impulse structure, labelled 1-2-3-4-5. According to the theory, a three-wave correction in the opposite direction follows every impulse.
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The retracement after the impulse unfolded as a W-X-Y double three corrective structure with a simple zigzag in wave W & X, and double zigzag in wave Y. If this count is correct, the 5-3 wave cycle seems complete. The theory states that we can now expect the larger trend to resume in the direction of the impulsive sequence.
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Besides, wave (2) has already entered 78.6% Fibonacci levels, where second waves often terminate. Wave Y also equal wave W at the same level, typical relationship for a double zigzag. And last but not least, there is also a bearish rejection candle at the key resistance level.
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Wave (3) decline should easily move the prices below the low of wave (1) in the months ahead. A break below the blue ascending trendline will further confirm the bearish idea.
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Thanks for reading!
Veejahbee.
GBPNZD GOING TO 1.9550?Good set presented here,after a long weekly range where price were respectin for multipel days the 1.9435 resistence inside the wedge pattern so right now seems like we finally we have a break of this resistence showing a strong buyers preassure but before placing a long position i woudl wait for a multiple 4h clsoe abvoe the mentioned level or to fully confirm it a daily close
GBPNZD 4H CHANNEL! MAJOR ALERT!Price of GBPNZD has currently been travelling in an ascending channel. There is a minor support trendline marked out in a thinner black line inside the the channel. Price just recently broke below this line indicating a drop down to the bottom of the major channel like it previously has.
We sent this trade out to our FREE signal members on the entry of the chart! TALK ABOUT SWING TRADING!