GBPNZD Break the trendline.GBPNZD Break the trendline on 4 hour chart, bearish engulfing perform, be careful of the retest correction, make sure you have more space for the stop level area.
Gbpnzdshort
Sell GBPNZD with downtrend structureH1 time frame.
Structure: Downtrend confirmed.
Break out uptrend of higher timer frame and retracement.
Target is next support at 1.96200
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Wish you all have a good trading day!
GBP/NZD Short H2 TimeFrameGBP/NZD Short Signal on 9th August 2021
Sell GBP/NZD 1.9761
Sl: 1.9856
TP: 1.9609
GBP/NZD_1H_ShortShort position taken – 1H - Although in bigger timeframes the trend was bullish but it showed weakness and cannot pass the last week high and reverse from it. In 1H timeframe, it broke the last low (1.96205) which created last high and also it passed the ascending komu. I entered the short position and the TP is last week low.
R/R = 1:2.07
GBPNZD short Sell at 100 pips and 30 pips SL GBPNZD short Sell at 100 pips and 30 pips SL
Short Sell Continuation trend
gbpnzd buy gbpnzd buy :
1)nice pattern trend formed
2)bouncing back from support levels
3)formed naked candle in 1hr chart
gbpnzd longgbpnzd buy :
Reasons :
there are many support levels here,but market is going in a nice upward trend ,but it can retest and we cant be sure at which particular point it does retest,as there are 2 levels ,
so my best guess is that wait for the 2nd retest too and if it doesnt go there then we can place an uptrend
take profit will be the above support level which is gave
GBPNZD TO FINALLY PUSH?We are still waiting patiently, watching the corrective movement of this pair.
Price is still retesting the level and showing bullish signs.
We keep our eyes focused so as to not miss the push when it comes.
With some more rejections at the level, we could see continuation sides to this uptrend.
GBP/NZD SHORT IDEAGBP/NZD Signal
Market Sell: 1,99850
Stop-Loss: 2,00400
Target 1: 1,99100
Target 2: 1,97720
Stop-Loss: 55 pips
Risk: 0,5%
Risk-Reward: 3,87
GBP/NZD Full Analysis And 2 Setups Available In This Video !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
VERTEXCHARTS | GBPNZD 4HR TIMEFRAME ANALYSISGBPNZD is moving in an uptrend channel range and it reached the resistance level now.
Lets confirmed a reversal for a short position.
Trade idea - GBPNZD shortThe price above 1.97xx is too lucrative for the bears to drag it down below 1.97xx for profit taking.
Trade the psychological 1.9700
Current price 1.9720.
Sell at this level to target 1.9625
GBPNZD Make Rise Wedge Pattern. Potential to Short Position ?GBPNZD Long Term Uptrend . But in Weekly TimeFrame make Rising Wedges Pattern
Mean we only look for Short Position
Entry Position - 1.99300 -1.99700
TP 1 - 1.95000
TP 2 - 1.92500
IF Price Break 1.90000 , Maybe GBPNZD will make new
Trend which is Downtrend .
There might change Price will Break below
after Price Hit TP 2.
For my Note , Not a Signal .
Thank YOu
💡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
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ForecastCity English Support Team ❤️
💡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 ❤️
GBPNZD short valid👇👍Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
Sell GBPNZD with Pin Bar SignalH1 Time Frame
Break Up Trend with divergence signal
Break Key level
Sell Pin Bar signal to next support
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Wish you all have a good trading day!
GBP/NZD Running In 240 Pips From Last Post , Did You Catch It ?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 Short Setup Available T Catch 400 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
