#GBPNZD A simple signal...Excellent entry price because we are close to resistance and as long as the gbpnzd does not break the resistance or support we will try to earn as much as possible from the remaining gbpnzd in a certain range.
Sell GBPNZD:
Entry Price:1.9395
Take Profit: 1.9065
stop Loss:1.9470
Gbpnzdsell
GBPNZD Multi Harmonic Pattern Analysis and StrategyWe see the formation of a harmonic butterfly pattern (blue) and the completion of an ab=cd pattern on the 4 hr chart. The completion of the ab=cd pattern signaled us to sell the pair and our strategy is to trade the 4th leg of the butterfly pattern . Price action has already stated confirming our strategy since we initiated the position.
GBPNZD - WEEKLY SWING - 12. MAR. 2019WELCOME TO DACAPITAL-TRADING!
GBPNZD FOREX BREAKDOWN 12 MAR 2019
1 HOUR
Strong pullback towards our range resistance
4 HOUR
Price could hold below our resistance and sl level
DAILY
Bearish market with pullbacks, good entrys now!
LEVELS
SELL GBPNZD
ENTRY @ 1.93060
SL @ 1.94500 (145 Pips)
TP @ 1.91400 (165 Pips)
RR: 1.15, use half of normal risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
GBPNZD Trade ideaThere was a false breakout above the resistance level at 1.93982 so I have been waiting for a short signal which has been completed.
Notice the bearish engulfing candle pattern that has printed and pulled price back below the resistance level? Thats the signal...
Shorting at market price 1.93895 with
Stop loss placed just above the bearish engulfing pattern at 1.95256 and
Take profit lower down at the previous swing low @ 1.90016
As usual don't bet the farm and always exercise healthy risk management :)
GBPNZD - WEEKLY SWING - 19. FEB. 2019WELCOME TO DACAPITAL-TRADING!
GBPNZD FOREX BREAKDOWN 19 FEBRUARY 2019
1 HOUR
Bullish movement and pullback towards our entry
4 HOUR
Bearish waving market with a strong pullbacks now!
DAILY
Bearish Market with good short entrys now!
LEVELS
SELL GBPNZD
ENTRY @ 1.89480
SL @ 1.91310 (190 Pips)
TP @ 1.87300 (220 Pips)
RR: 1.15, use 1/2 risk!
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!
GBPNZD Trade IdeaBreakout occurred followed by a re-test of the support as resistance.
I am shorting @market price 1.87689 with
my stop placed above the resistance level at 1.88672 and
my take profit provisionally @ 1.84539 just above the support when using the swing low on the left marked with a yellow bar
Don't bet the farm and always exeercise healthy risk management.
This markup was done with a custom MT4 indicator >>> www.profitfxza.com