GBPNZD is looking for long sell due to lot of sell pressure building from few days.our strong sell are begins from 2.05400.Our 1st sell target will be 2.04300 which is highly possible to be achieved while after little retracement as metioned in chart analysis,it may goes for 2nd target which will be 2.03400.
Market slowing finding its way down with confirmation on Daily
- Ascending Channel - Below Resistance - Wait for Breakout
We wait for confirmation at the support to Buy Long
Perfect Elliot wave setup on #GBPNZD. Let point 4 be confirmed to wait for a big short from 2.01 which is: - High Impulse level - 61% Fibo - Point 5 TP1 is point 4 at 1.97 TP2 is point 0 at 1.94
The market structure of GBPNZD shows how the price breakout of major ascending trendline and support zone. Price is currently retesting the broken levels that lined up with a descending trendline. Price has the potential to decline from or near the current market price. Elliot wave also shows a series of 1-2, (i)-(ii) sequence which could mean a rapid sell-off...
Hi traders, This pair has been in consolidation for the past one month and likely to make the next big move very soon. It is following a rising trendline and has come to test it once again. It is also currently at a strong support zone. I see high likelihood of it to bounce and continue upwards. Breakout of the trendline will invalidate the long idea. In case...
Hello Traders! Now testing long-term demand area again so high probability push up for 20 - 40 pips. Stop equal to 1st target, keep risk 1:1. Best, Jay
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 2.01241 The red circle is the stop and 1st and 2nd targets are in green below. There are two versions of this pair, one for the long side which is already posted and one to the short side. Best, Jay
Hello traders! This is a Tag&Go setup long, a buy stop order, set and forget style is right on the red line at 2.01803 The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay