Get started

Gbpnzdforecast

GBPNZD H1 LONG PRICE ACTION FORECAST The price action in this pair has experienced strong bearish momentum in the H1 timeframe; after reaching the strong support level from D1 domain, it is expected to suffer a pullback before continuing its downward movement. The order: Type: buy-stop S/L: 31 pips - R:R | 1:3 - T/P: target the golden Fibonacci level -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
GBPNZD H1 SHORT PRICE ACTION FORECAST Pair under a clear bearish momentum, currently in consolidation. Now from a D1 domain, MACD is signaling a mild bullish force for an expected correction in H1. Price correction should be towards the predominant descendent trendline in confluence with Fib level 5.0, where the entry for a short trade should be considered The order: Type: sell-limit S/L: 53 pips - R:R | 1:3 - T/P: aiming at the key support level from previous LL -- *** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
Short
by OGFXTRADER
GBPNZD H1 SHORT PRICE ACTION FORECASTWith price action trading within a rising channel under bearish pressure, the high probability of a breakout under seller pressure is more likely. With a sell-stop entry to get into the trade will do the work in case the breakout happens. In H1 is noted the strong double top formed by the price action, together with a bearish MACD, to give some support to the bearishness into the British pound. S/L: 100 pips R:R | 1:3 T/P is aimed towards a previous support level form D1.
Short
by OGFXTRADER
UPDATE: 465+PIPS IN PROFIT FROM ENTRY ON GBPNZDWe are currently more than 465+ pips in profit on this position from our entry. i have attached the initial analysis below. Analysis for this trade was pretty simple and straight forward. Entry was marked using Fibonacci retracment at 50% of the previous bearish move. I want to point out some other factors that are key to your success as a trader, 1. Keep your analysis plain and simple, you will not find consistency by trying to use a lot of tools, you will only contradict yourself 2. Always calculate your risk on a trade and use a stop loss, you will not lose sleep knowing you could lose 2% on a trade but you sure will lose sleep not knowing how much you're going to lose on a trade 3. Learn, understand and apply the concept of risk to reward ratios. And always trade with a healthy risk to reward ratio 4. Trust your trade and whole heatedly accept the fact that every single trade you take has potential to be loser and hit your SL These factors are a few of many but you have to start somewhere. start applying them if you want to see a change.
Short
by Malika_Analysis
5
GBP/NZD short-sell weekly chartGBP/NZD short-sell potential weekly chart overbought levels in rsi, bb, demarker 3:1 risk reward ratio 300 pips vs 900 pips high pennant resistance 2.100/ 2.0500 stop-loss, support low 1.900 target-profit Economic calendar release for NZD RBNZ Interest rate decision 0.25% vs 0.25% and GDP for GBP (QoQ) -2.5% vs 0.0% (YoY) -2.1%vs 1.1% Open Market in monday has potential (DCB) dead cat bounce 2.0420 oversold in demarker 30 mins - 4hr and trend continuation to downwards
by razeswag77