BOOM! GBPNZD may go long after testing.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPNZD
We can see market is going to test its previous support or trendline.
So we are expecting more rise to its major resistance after testing.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Gbpnzdforecast
GBPNZD possible short for 1.8860#gbpnzd, 1st July daily key reversal bar indication for weakness ahead. 5th July daily insurance bar further confirmation for weakness in future. weekly chart did not breach high of last week since last three weeks. Resistance levels for short 1.9390, 1.9425 and last one 1.9480 for target 1.8860. stop loss above 1.9500.
GBPNZD probability long for 1.9620 even1.9740#gbpnzd, weekly chart forming higher high and higher low, while friday bar is key reversal bar for short but 1.9370-25 strong demand zone for long. have a patience wait for 1.9370 & 1.9325 demand zone for long trade for target 1.9620. If breaks 1.9620 then next possible target 1.9740.
GBPNZD - BoE Interest Rate DecisionAs GBP news is coming today and BoE is expected to increase the Interest rate, GBPNZD pair will move massively. Short term interest rates are the primary factor in currency valuation and GBPNZD pair moves around 200 pips always. we can expect a massive movement in this pair. as the Interest rate is expected to be increased, we can assume that GBPNZD will fall down for 200 pips during the news time.
GBPNZD
sells at CMP 1.9340
SL# 1.9440
TP# 1.9140
Gbpnzd short?Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows....
This all gives a high probability for some downside action.
Pls observe good risk management.
GBPNZD | New PerspectiveDespite the strong bearish impulse leg on the daily time frame, in the last couple of weeks, we have witnessed the price continues to respect the bullish trendline identified on the 4H time frame, it is pertinent that we do not shy away from the possibility of a bullish momentum which might be evolving. In addition to this data, since the beginning of this week, sellers have been finding it difficult to 1.92800 area. So, in the next couple of hours, I shall be looking forward to a signal to join the rally. However, if we see a breakdown of the bullish trendline then a retest of this line could push the price further down.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPNZD Short GBPNZD was moving in an Ascending channel on the H4 time frame and there was break out on the lower trend line, Followed by a retest. We expecting the pair to retest the key level listed on the graph.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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GBPNZD | Perspective for the new weekThe recovery of the Pound from its previous low at 1.87100 appears to be dissipating as buyers find it difficult to push the price above the key level identified at 1.96700. During the course of last week's trading, we witnessed multiple rejections of this key level to give an insight into the weakness of the buyers and going into the new week, I am looking forward to a bearish signal in the form of a breakdown/retest of the neckline at 1.9500 to join the potential decline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
A POSSIBLE SHORTING OF GN FOR 500 PIPS AND MORE!!!As we are all our approaching tomorrow's RBNZ rate Hike, we are awaiting a possible raise of interest which will in turn spike the new zealand dollar. Teachnically speaking all upsides of GN has failed based on the current theree (3) highs of GN. Expecting Gn to break out of my breakout zone. the possible fall to my target.
NB: blue box: breakoout zone
red box: rejection zone
GBPNZD | Perspective for the new weekFrom a technical perspective on the daily timeframe; the strong bearish impulse leg will be our yardstick going into the new week as we should be looking forward to the exhaustion of the retracement wave to join the decline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBP/NZD SELL OPPOTUNITY VIEW NOW......Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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GBPNZDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
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GBPNZD | New PerspectiveSince the beginning of the day, we have witnessed a bearish move for the Pound as the price broke down the key level at 1.927 which is followed by multiple rejections of this level.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPNZD LONG - Buy Entry - D1 ChartGBPNZD LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: GBPNZD
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
Resistance @ 2.02900
Resistance @ 1.97203
Pivot Point Yearly @ 1.94846
Resistance @ 1.91244
Support @ 1.88625
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GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPNZD hrly short | algo tradingGBPNZD hrly short
⚠️ impactful news
Shortstop @ 1.92369
TP #1 @ 1.91830 71.11% wr
TP #2 @ 1.91230 53.33% wr
SL @ swing high 1.93420 22.22% hr
WR & HR determined from past trades on this pair, on this timeframe.
More trades like this on my profile and on bifrost trades