GBPNZD DAILY ANALYSISIf break green box it means downtrend is over but i expect sell trend goes on , you can follow arrows for possible scenario
If you want to support please like idea ,thanks
Gbpnzdidea
GBPNZD short trade ideaPlan : wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD may fall today vey stronglyGBPNZD is looking for long sell due to lot of sell pressure building from few days.our strong sell are begins from 2.05400.Our 1st sell target will be 2.04300 which is highly possible to be achieved while after little retracement as metioned in chart analysis,it may goes for 2nd target which will be 2.03400.
GBPNZD Short! 1hrNote: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow (...)
Thank you and Happy trading.
GBPNZD Short! 4HrNote: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow (...)
Thank you and Happy trading.
Two possible scenarios for GBPNZD next week.. On screen analysisWe are in the middle of a pandemic right now with everything that is going on with the Corona virus. It seems to me that Australia and New Sealand were hit hard economically and will be in the next few weeks. My eyes will be on a long trade to the same level of the spike on March 8 which is a Monthly support and resistance level @2.17
On the other hand there could be a big change of events which could lead to a decline in value of the British Pound. Therefor we will first see a clear break of the recent Up trend and probably support turning in to resistance @2.02. When this happens my target will be 1.94 in a short trade.
Trade with care and caution! I will keep you posted on this one.
GBPNZD SELL OANDA:GBPNZD SELL from 2.03282
TP1-1.99844
TP2-1.95972
IF YOU AGREE PLEASE PUT A LIKE IF YOU NOT AGREE LIVE A COMENT
GBPNZD- After major exhaustion on Daily TF
- We look for retest of the Double Top but unfortunately the market opened above
- Now we wait for retrace to enter a sell
GBPNZD- Respecting minor trendline as we look for sells to short
- If it breaks the trendline we go long
GBPNZD SELL Same as GA, looking for a similar sell as a day trade. I'm already in this floating about 100 pips in profit however it is still possible for this to wick up so be prepared for an entry where the purple box is. Watch for rejection around this zone.
280 PIP GAIN 13/1 RR
GBPNZD 400 PIPS OPPORTUNITYThe price is currently at strong resistance, also a triple top formation so the next wave is expected to be a downside
Continuation | GBPAUDWe look to short to a minor support and wait for the market to break or loose momentum
GBP/NZD LONG set upentry 1 2.000
entry 2 1.990
sl 1.9800
tp.1 2.0100
tp.2 2.0260
tp.3 2.0300
tp.4 2.04000
GBPAUDTargets set for retracement and possible a full retrace
- market still respecting Daily Resistance
