GBPNZD SELL ANALYSISWyckoff distribution pattern has been formed on M15 Chart
Thus we should be able to see a potential Short position on GBPNZD
Our 1st TP will be @1.99350
Our 2nd TP will be @1.98300
Gbpnzdsell
gbpnzd sell setup .. after multi-timeframe analysis. our team decide to sell
wait for clear price action.
breakout of the rising wedge.
⚠️ ⚠️ ⚠️ no breakout .. no trading ⚠️ ⚠️ ⚠️
don't forget risk management
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GBPNZD SHORTGBPNZD SHORT IDEA:
Entry from 1.9939
Take profit: 1.93449
Stop Loss: 2.00294
If the trade breaks structure, look for the retest to enter if you wish to do so.
I Entered at my price due to it being the third touch on the top resistance line.
GBPNZDGBPNZD
The price will continue to rise until reaching the resistance area
And then it starts in a downtrend
GBPNZD Short IdeaI think GBPNZD will sell. Trade with caution. do not risk more than 1% of your account.
GBPNZDHello. By breaking the positive upward trend line in the time frame of the week As well as completing the second branch of the correction We are now at the beginning of the third correction movement in the time of week
#GBPNZD ShortWatching GBPNZD short as it reached to a resistance level and a bearish divergence 1:5 RR a strong resistance can help it to reach to previous support level
GBPNZD downHi fellow traders, GBPNZD looks ready to drop after the WXY correction has completed. If we break below the red line the trade will be invalidated. Goodluck!
GBP/NZD 4HR CHART SELL SET UPHi TRADERS this is my trade set up for the GBP/NZD for the new week ahead
GBP/NZD I see the new strain of covid has hit the UK and I feel NEW ZEALAND have corona virus under control, and the GBP has had a good run against the NZD, I feel like that run has started to come too a end now
i am expecting a pullback to the order block zone and will be looking for a sell trade
look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GBPNZD shortAs soon as the market opens up, look for the opportunity to short this trade. TP 1: 1.9100
TP 2: 1.8900
GBP/NZD 1HR CHART SELLHi everyone this is my trade set up for the GBP/NZD
This is my analysis only please trade with caution and risk management in place
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
good luck for this weeks trading
please like and comment both are welcome thanks
+330 PIPS for 30 PIPS Risk only !! Short GBPNZDAccording to Dessending Channel and CCI Indicator
TP and SL
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 bearish bias after it break bearish patternCurrently retesting the bearish continuation pattern. We are expecting a bearish move for this pair towards the targetted area.
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-ShortGBPNZD
Market has broken out of bullish channel and retested the resistance level. Looking forwad for a short move from here.
gbpnzd sell for short term , if channel break the sell continuegbpnzd sell idea , gbpnzd traveling in a rising channel , if it break the channel , sell trade continue to next downward support for 150 pips.
GBPNZD; Time to SELLHey traders,
GBPNZD is currently very volatile such that there was no clear price action that we could lean on to enter the market. However, we currently see the price reacting as soon as it returned to a daily resistance zone which was previously a support zone.
With this price reaction on the zone, it does not mean that we jump to sell the market right away. We need to wait for confirmation of bearish momentum as the current momentum is still bullish.
Therefore to sell the market, I'll wait for a clear breakout of the trendline and look for short entry in the lower timeframes.
if the above conditions are not met, the setup will be invalid
GBPNZD - Potential Downside?Following an aggressive move to the downside, GBPNZD has been moving up correctively for the last month or so. It is now approaching a critical area where we can see some powerful confluences stacked up. Keep an eye out for this level and set your alerts!
