GBPNZD BUYTUESDAY, 1st September 2020
#GBPNZD BUY
entry = now at 1.98200
SL = 1.97200 (-100 PIPS)
TP = 2.02400 (+400 PIPS)
Disclaimer On
PLEASE USE YOUR OWN MONEY MANAGEMENT RULES
Your Money is Your Own Responsibility
Gbpnzdforecast
GBPNZD - upwards biasedHi all traders.
Am looking for a retracement for this pair before we see more upside.
Follow this pair closely on their retracement.
Cheers!
GBPNZD Buy!DISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
gbpnzd buy setupDISCLAIMER:
My analysis is just a trading idea! As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Good Luck!
GBNZD We Are Looking for a Sell,
Based of the Gap of the Moving Average and The Support and Resistance.
GBPNZD, 4hr timeframe, Sell on retest of resistance areaHello my friends,
GBPNZD currently very interesting as price broken below the short term trend line.
Also noticed that the last 2 candles on this chart looks like a bearish pinbar / shooting star candle.
I tried selling GBPNZD on the retest of broken zone of previous double top pattern.
Sell GBPNZD 1.9960
Stop loss 2.0035
Take profit 1 @ 1.9860
Take profit 2 @ 1.9770
Use proper risk management
Only risk 1-2% of your equity
Moved SL to entry once price touched TP1
Good luck
GBP/NZD Technical Analysis
The counter has formed a topping out formation in the near-term.
It made a double top and has broken a key support level of 1.99508.
Further, the round number of 2.00 can act as a psychological barrier in the near-term.
Though a pullback to the top cannot be ruled out, we still expect the pair to be bearish in the near-term.
GBPNZD / BREAKOUT AND RETESTGBPNZD has broken through resistance, we are waiting for a retest of the area before buying towards the next resistance level
GBPNZD TRADE IDEAPRICE IS FORMING A DOUBLE BOTTOM AND YOU CAN GET IN AND STILL CATCH AROUND ABOUT 90 PIPS.
GBPNZD ANALYSISPRICE SHOWED A FAKEOUT THEN THE REAL PUSH OCCURED AND FORMED A DOUBLE BOTTOM. THE PRICE MAY GO BACK INTO CONSOLIDATION.
GBPNZD / BULLS IN THE HOUSEKeeping it simple and letting price dictate what it wants to do
Waiting for price to break resistance before first buy then doing the same with the second
There is divergence on multiple timeframes and price has broken a downward trend line (not drawn)
GBPNZD ANALYSIS** JUST AN IDEA. NOT A SIGNAL **
Sorry we haven't posted in two weeks due to covid.
We are back with GBPNZD, as we can see a weekly downtrend is continuing as the days go by.
Momentum has been lost this week over the last few days with signs of a reversal.
If the trade chooses to break 1.92770 barrier I expect to see a nice uptrend.
Else if the trade breaks the 1.91360 line then I expect a nice downtrend drop.
Interesting trade to keep an eye on.
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NZD May Have The Juice Over The GBPFrom where price is, if the price can stay below 1.92905, based on today's candle closure, price could drop back down to the previous lower low and 1.89471 and create a new lower low.
This is the potential of trading a pair that is in a strong downtrend. My educational entertaining advice, wait until today's candle closure to lead you into the trade. Don't trade against this trend until it tells you its time to.
GBPNZD H4 LONG PRICE ACTION FORECAST After price reaching a strong support level from D1 domains, in the intraday level at H4, it was able to manage the descending trendline breakout, retested the area, and now pulling back to a key support level for bullish confirmation. It allows a long entry to capture the forthcoming uptrend
The order:
Type: buy-limit
S/L: 73 pips - R:R | 1:2.7 -
T/P: previous resistance level from downward correction
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