GBPNZD: I want to try Opportunity in this pairHere is my idea for this pair
GBPNZD with Risk Reward Ratio 1:6
What do you think?
If you have any idea Comment below here.
Glad to hear that.
Gbpnzdsetup
GBP/NZD Running In 370 Pips And Third Entry Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD Elliot wave analysis in H4
GBPNZD
Elliot wave analysis
The fundamental factors has played key role in the recent downtrend in GBPNZD as the pandemic situation in England got worse and the economic condition in New Zealand was also in trouble and in some countries they re imposed some minor restrictions.Today the RBNZ has leave the rate unchanged this causing the further selling of GBPNZD in coming days.
We can clearly see the price movement was within a broad rising channel and its about to reach the lower side of the trend line. And i am expecting further downside breakdown in coming days. Currently the Wave 02 was completed and Third major wave was underway.We can see a bearish engulfing pattern in 4 Hour time frame 1.94550 would be a desirable entry point for bear.The main bearish invalidation point was 1.97530
GBP/NZD First Entry +145 Pips And The Second Entry +90 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD +50 Pips Now And New Entry Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD New Setup To Catch 300 Pips, Head And Shoulders Pattern This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD H4 ANALYSISHello Traders, here is the full analysis for this pair, let me know if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied
GBPNZD - going to the targetgoing up to the following directon
EMA 100 holding on daily
GBPUSD looks like go also go up
there's no invalidation for downtrend.
buy
GBP/NZD New Analysis And Free 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD Breaking OutThis now looks to be breaking above resistance. I said this was happening a couple of days ago but I jumped the gun slightly, hopefully if you opened the trade then you are still in. Now want to see this stabilise above resistance and possibly retrace to test it as support. If you are not in this trade then I suggest waiting for a retrace to support before longing.
Could see some resistance at 1.93237, but target is 1.98013
Providing we see this close above resistance and support holding on a retrace then SL can be around 1.90600
GBPNZD, Strong Price Rejection, LongGBPNZD, Strong Price Rejection due to strong significant Support!
Bearish Crab PatternGBPNZD BEARISH CRAB PATTERN
Market Sell Order Set Up.
Sell Entry: (1.91222)
Min Take-Profit: (1.90577)
Max Take-Profit: (1.90055)
Stop-Loss: (1.91975)
Max Risk-Reward: (1.55)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Wave CorrectionGBPNZD WAVE CORRECTION
Market Sell Order Set Up.
Sell Entry: (1.90687)
Min Take-Profit: (1.89239)
Max Take-Profit: (1.88319)
Stop-Loss: (1.92141)
Max Risk-Reward: (1.63)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
Wave CorrectionGBPNZD WAVE CORRECTION
Market Sell Order Set Up.
Sell Entry: (1.89700)
Take-Profit: (1.87842)
Stop-Loss: (1.90932)
Max Risk-Reward: (1.51)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPNZD BUYRight now GBPNZD is ranging, came down for Hl move and right now is about to go up for LH move, i'm just risking 1% of my account on it at a moment.
GBPNZD 300 pips drop was expected Will it broke 1.90000 ?GBPNZD
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Price around 78.65 Fibonacci
2️⃣Trading within a converging trend lines
3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news
4️⃣ 1.93000 Dynamic support and resistance
5️⃣ 1.98000 acted as strong resistance-Key psychological level
6️⃣ 1.90000 will Acted as strong support
7️⃣ Technical support - bearish
8️⃣1 .90800 will acted as key reversal-bearish
9️⃣ September low-Immediate resistance-Alternative bullish entry
🔟 Possible swing target-1.87400 lower trendline
#️⃣ Overall bearish trend-Within converging triangle pattern
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📉 Technical bias-H4-Bearish
Price is below 50,100,200 Exponential moving average
50,200 Exponential moving average will act as support-Bear
Relative strength index - Felled below 50 - Bearish trend
MACD -Turned red and felled below the signal line, Oscillators pointing downward
Stochastic - Reached around 30- oversold condition will give a short term pull back expected
Ichimoku cloud -cloud is still red-Middle line supports bearish trend
Bollinger band- Price reached around the lower band-Short term bullish correction towards middle band
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Key reversal area's
1.98000 psychological level
1.95630 Point of control area Volume analysis
1.98050 Oct month high
1.93100 78.6% Fibonacci retracement level
1.94000 Major psychological level
1.92600 Possible entry- Bear
1.87500 Trendline resistance/Alternative bullish entry
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Bearish entry #pound #gbpnzd
Entry price - 1.92600
Take profit 01 - 1.90800
Take profit 02 - 1.87500
🚫 Stop lose 1.93680
⬇️2.68% Drop expected
⤴️ Account growth .57: 2.68
✅ Risk reward ratio 1 : 4.7
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GBPNZD - Full Analysis Breakdown & UPDATE Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPNZD - 100pip TP HIT!!- What Next?Welcome traders to a free analysis breakdown.
Yesterday I made a breakdown on GBPNZD and our trade is playing out perfectly, if you any questions on the pair let me know in the comment section below.
I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPNZD, daily tf, sell on ascending trendline breakHello my friends,
Today is the last trading day of October.
In my opinion it is better to secure some profit from open position and keep your risk as low as possible.
Before i start with my analysis on GBPNZD i am gonna review my closed positions first.
I already closed several live positions which consist of 2 winning trades and 1 loss.
1st position is NZDUSD which i closed at 0.6620 for +65 pips profit and banked +2.8% profit
2nd position is AUDUSD which i closed at 0.7020 for +130 pips profit and banked +5.2% profit
3rd position is DAX / GER30 which hit my stop loss today on market open for -200 pips and banked -2% loss
4th position is GBPUSD which i closed at 1.2930 for +80 pips and banked +2.4% profit
Let's continue with our GBPNZD analysis.
As you can see, I've marked my horizontal support and resistance area.
Price now broken below the ascending trendline and retesting it
If you look at the weekly chart, it is very clear that last week candle is a bearish pinbar indicating sell pressure from this pair.
So we will timed our entry on the daily chart and it happened that today could be a nice opportunity to sell this pair.
Sell GBPNZD 1.9530
Stop loss 1.9630
Take profit 1.9100
RR ratio 1 : 4.3 (4.3R)
Use only 1-2% risk
Good luck
