GBPNZD: Short term Bullish Idea can push it towards 1.98 - 2.0GBPNZD has reached to the bottom of the rising channel and is under bullish pressure from the divergence created between the price and MACD.
Fibo retracement of 50 & 61.8 coincides with the previous structural support now can be seen as resistance.
Price can bounce up to the zone of 1.98 - 2.00 and then turn bearish for the future continuation.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
Gbpnzdlong
GBPNZD - SWING - 08. JULY. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
We turned very bullish.
4 HOUR
Overall bearish market about to turn..
DAILY
Expecting a push to the upside, good long entries!
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.91540
SL @ 1.90790
TP @ 1.92630
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
BULLS GREAT BRITISH POUNDS Its no news that the GREAT BRITISH POUNDS is about to sky rocket which will give rise to the GBP pairs across boards.Here is perfect clean set up which shows vividly from the W1 that the original trend is an ascending one and moving down to the lower time frame which brings us down to pretty multiply time frame analysis we can see clearly here on H4 that their is a descending trend line which seems to be broken.If you did not catch the ride from the bottom of the bullish movement is another good opportunity to LONG the pair with a good risk to reward ratio
Having that in mind we know pretty much that each time the EURGBP drops we have a rise generally on GBP pairs ......A litlle tip
Let me know what you fell in the comment section and hit the follow button to get my analysis first hand as it drops
GBPNZD Resistance Trendline Hello guys
Whats up ?
I hope you have a good week
In this chart we have an indicator that have resistance trendline , we expect that this resistance is working and the price is turning from here
At other side , we are in falling down trend
Dont forget using stop loss guys
Good Luck
Abtin
GBPNZD BUY Trade Setup For Intraday.GBPNZD BUY Trade Setup For Intraday.
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.
GBP/NZD at strong support 💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
GBP/NZD could move higher if price is rejected from this strong support line. We will look for opening long positions if we get a confirmation that price is actually rejected from this line.
Let us know what you think about this idea.
Trade safe !
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
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GBPNZD BUYGBPNZD BUY NOW
TP 1.92715
TP 1.93595
TP 1.94800
SL 1.91000 (100 Pips) We can see market rejected going into a bearish run various times and we also confirm that on the fact it's currently respecting our support, we also see the engulfing bullish candle which adds extra confluence to our trade. SL is placed below a key level of support in case of a reversal. Always use proper risk💯💯
GBPNZD BUYFREE SIGNAL
GBPNZD BUY 1.0684
TP 1.95665
TP 1.96459
TP 1.98000
SL 1.94076 (98 Pips) We can see market is setting itself up to a Inverse H&S pattern, we also see the engulfing bullish candle which adds extra confluence to our trade. SL is placed below a key level of support in case of a reversal. Always use proper risk💯💯