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Gbpnzdsell

INCREASINGLY BEARISH!!!Now let's talk about this beauty, i take trends very seriously. However, a break of such is one of my favorites and how could I turn a blind eye on this babe? First, let's take note of the quad top, denoting the lack of strength to breakout to the upside and continue with it's multiple week long trend. Secondly, please note the range this was trading in and how it was violated in one day, with which the range has been broken provides weakness and uncertainty for longs. Lastly, it's a long way before there's reasonable support making this risk to reward more tasteful. Extras, if you're going to take this trend wait for a possible retest of support area and if it doesn't reject do not short!! . Regards,
Short
by UnknownUnicorn22383955
GBPNZD SHORTAs we can see , there was a Breakout from the lower trend line, plus a small rest, we expecting the market to re-test the levels listed in the chart before an uptrend to re-test the lower trend line. We taking this trade based on technical analysis and Pivot Points. Please use proper risk management depending on your account size, Use lot sizes based on these calculations. Here is a break down of your pip value in ZAR and Dollars 0, 01 = R1,43 / $0,10c 0. 05 = R 7,15 / $ 0.50 0.10 = R 14,3 / $1.00 1 Lot size = R 146,26 How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960) So, each time I open (1 Lot size, am exposing R2960 (Down payment) Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets. Please like and share for more useful content:
Short
by Pro-Trading-Africa
💡Don't miss the great sell opportunity in GBPNZD". There is still a possibility of temporary retracement to the suggested resistance line (1.9751). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 40 . Take Profits: TP1= @ 1.9666 TP2= @ 1.9606 TP3= @ 1.9527 TP4= @ 1.9473 TP5= @ 1.9419 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
8
💡Don't miss the great sell opportunity in GBPNZD. There is still a possibility of temporary retracement to the suggested resistance line (1.9751). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPNZD is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 40 . Take Profits: TP1= @ 1.9666 TP2= @ 1.9606 TP3= @ 1.9527 TP4= @ 1.9473 TP5= @ 1.9419 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
4
GBPNZD has broken below the support going down Welcome back Traders, Investors, and Community! Hi Traders, GBPNZD on the H4 has broken below the support line with a big red candle which suggest the price will go lower however a Pullback might happen at 1.9797 before it goes lower to another major Support around 1.9667 On the H1 we can see that the market has been Bearish for last couple of hours heading down. ⬇️Sell now or Sell at 1.9797 ⭕️SL @ 1.9817 ✅TP1 @ 1.9701 ✅TP2 @ 1.9667 ✅TP3 @ 1.9600 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really appreciated!❤️ Have a Profitable Day
Short
by Fibonacci-Signals
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.9797). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPNZD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 42. Take Profits: TP1= @ 1.9701 TP2= @ 1.9667 TP3= @ 1.9600 TP4= @ 1.9489 TP5= @ 1.9418 SL: Break Above R3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_World
13
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (1.9797). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPNZD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 42. Take Profits: TP1= @ 1.9701 TP2= @ 1.9667 TP3= @ 1.9600 TP4= @ 1.9489 TP5= @ 1.9418 SL: Break Above R3 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity
8