Gbpnzdlong
GBPNZ NEXT TRADE SETUPGBPNZD is clear making a Cypher Pattern you can say a "W pattern" in D1 time frame .i cleraly mention the turning points 1.9020 is very strong support all over time if this will break then there will be strong BEARISH implusive momentum but am looking towards BULLISH momentum.
All the entries should be applied if all trades rules are applied Comment below us or Dm us for instace
GBPNZD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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.
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GWBFX
GBPNZD BUY Trade Idea After the Break.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBPNZD - Move BrewingAfter breaking the ascending channel we have seen a slowly down-trending since but it looks like this move is running out of steam now that we have reached a key support level. It is highly likely that price will push down one last time to gather liquidity below this support before it begins to push to the upside.
gbp/nzd buyHi traders,
price has now created a double bottom on the Daily time frame, on the 1h we can also see its at bottom of structure. Price action should push to test the top of structure now after a continued bearish movement since 21st Oct.
IF top of structure is broken, price should continue to rise to the 0.5 or 0.618 fib region on the daily
GBPNZD - SWING - 17. NOVE. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish price action with turning candle.
4 HOUR
Overall bearish market turned bullish.
DAILY
Expecting further upside after the current downside trend.
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.92520
SL @ 1.91200
TP @ 1.94410
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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ALAN