GBPNZD buyBullish divergence on h. Shops reopening last week in the UK, UKX also suggests a reversal.
Please do your own TA my last trades went to shite on here before but I’m improving my analysis.
Gbpnzdlong
gbpnzdgbpnzd trendline breakout, the price breaked and retesting the falling resistance after the bearish parallel channel, a huge rally can be seen by gbpnzd.
GBPNZD - BUYOn this chart we can see a pull back that has occurred during this uptrend, a new level of support was found and price has come back to retest
We are already in this trade and I will be expecting price to bounce off this level and continue moving up
GBP/NZD LONGGBP/NZD HAS BROKEN STRUCTURE, I'LL BE WAITING FOR THE RETEST AND WILL GO LONG WITH GOOD R/R
Can the GBPNZD pair breach the downtrend?GBP/NZD pair is moving near the downtrend for 4 hours and its waiting for the momentum to rise higher.
Point 1.9471 is a good entry point for an initial target of 1.98214
GBPNZD - BUYPrice is now in an uptrend, it has broken resitance but is currently retracing. Once a price is moving up again we will look for buys
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💯💯
GBPNZD Long Idea on H1 TimeFrameFirst Higher Low on Hourly Chart.
3 Part Trade with TP1 and TP2 and previous highs.
Looking for 1: 2 R/R ratio
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.
GBPNZD - SWING - 24. JUNE. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish price action and closure above main sr level.
4 HOUR
Overall market turning bullish right now, good long entries!
DAILY
Expecting another push to the upside.
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.93620
SL @ 1.92190
TP @ 1.95550
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
LONG @1.9240 #GBP/NZD CANDLESTICK CHART INDICATED A SET OF FAIRY POINTER TO HIGHER LEVEL OF RECTANGLE BOX. MACD WITH POSITIVE MOMENTUM.
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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD Swing Long IdeaDaily chart.
Price is obeying the ascending transagonal support line (blue dotted line).
Fine tune your entry on a lower time-frame (240 or 60).
1) R/R = 4.42%
2) R/R = 7.91% (for a more aggressive trade).
Gbpnzd going 1.97 and 2.0It made double bottom Right at old Support structure... so a move towards 1.97 and 2.0 is likely...
GBPNZD LongOn the daily chart, the pair is at an important area of support. A strong indication of a reversal is imminent with a double bottom highly likely.
As such I anticipate a bounce off the trendline once the retest is complete to also form an inverse head & shoulders on the 4H chart.
This is a swing trade with a risk-reward ratio of 1:12.36.
So GBPNZD LONG:
SL: 1.93103
TP1: 1.97052
TP2: 2.01459
TP3: 2.05619
TP4: 2.09324
GBPNZD 70PIPS RUNNINGposted this trade when market opened now im looking to secure my first tp at ranging price
