GBPNZD - Short Sell with SL and TP=> GBPNZD - Sell <=
=> Entry: 2.0150
=> 1st SL: 2.0250
=> 2nd SL: 2.0350
=> 1st TP: 2.0090
=> 2nd TP: 2.0070
=> 3rd TP: 2.0050
=> 4th TP: 1.9920
=> 5th TP: 1.9750
***Join Free Telegram Signal: t.me
Gbpnzdsignal
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 2.00168 where it could potentially react off and up to 1st resistance at 2.01154.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 1.99376 where it could potentially react off and up to 1st resistance at 2.01667.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD 60MHello 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
GBPNZD 15MHello 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
GBPNZD 15MHello 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
GBP/NZD Head & Shoulder Pattern ConfirmedGBP/NZD Head & Shoulder Pattern is confirmed!!
Expecting price to drop to 1.988.
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
GBP/NZD Head & Shoulder movement Looks like GBP/NZD is making a head & shoulder movement.
We are waiting for price action to confirm.
Focus Time Frame: 4H/1H
Market Condition
1D Short Term: Downtrend
1D Long Term: Uptrend
#GBPNZD, A formidable modelIn the second pick, a Double top template was created so we recommended a sale, there was a decrease but it did not hold and gbpnzd returns to increase in strength.
The buying position will be with the trend.
We believe that gbpnzd is on the way to resistance at 2.0400 and then if there is indeed breaking then the next target will be very very high.
#GBPNZD, 110 pips opportunity! An important Double Top pattern is created in the daily graph that usually causes pullback as you can see already started.
According to Ichimoku, the upward trend will continue.
Target: 1.9930
GBPNZD approaching support, potential for a further rise!
GBPNZD approaching support at 1.99260 where it could potentially rise further to 2.05590.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD reversed from resistance, potential drop!
GBPNZD reversed off its resistance at 2.03165 where it could potentially drop further to 1.99262.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
#GBPNZD, Signal with huge potentialTwo weeks ago a double top pattern was created in the weekly graph and indeed the pound fell by 130 pips, the declines did not hold and the bulls returned.
The recent increases accelerated after the resistance in 1.998 was breached.
A definite upward trend.
Target: 2.09 (a very distant but very realistic destination).
If gbpnzd drops below 2.0150 this signal is canceled!
GBPNZD reversed from resistance, potential drop!
GBPNZD reversed off its resistance at 2.03165 where it could potentially drop further to 1.99262.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD SET A STAGE FOR A MAJOR SELL-OFFThe weekly chart above puts GBPNZD's entire decline since August 2015 in an Elliott Wave context. As visible, the currency pair spent almost 15 months to drew a textbook five-wave impulse. The pattern is labeled 1-2-3-4-5, where wave 1 unfolded as a leading diagonal, and five sub-waves of wave 3 and wave 5 are also visible.
According to the Elliott Wave theory, a three-wave correction follows every impulse. This means the overlapping bullish price action we saw in the last three years is hardly the start of a new uptrend. Instead, it is most likely a complex W-X-Y-X-Z triple three correction within the larger downtrend from 2015 high @ 2.5344.
Note how the resistance level discouraged the bulls in wave Z and also made a double top. This is another indication that the entire 5-3 wave cycle is complete. If this count is correct, we can expect the trend to resume in the direction of the impulsive sequence.
Furthermore, the sell-off is supposed to breach 2016 low, so targets below 1.67004 make sense for GBPNZD going forward.
Thanks for Reading!
Veejahbee.
UPDATE on GBPNZDThis is an update on the GBPNZD because of Brexit. previous idea didn't play out..non the less we continue to forecast as it created a rising wedge and if the 3rd touch confirms we go short..for those that trade support and resistance..there's a clear indication that previous high or resistance level is in play as well..happy trading..secure the bag
GBPNZD approaching resistance, look out for potential reversal!
GBPNZD is approaching its resistance at 2.03294 where it is could reverse down to its support at 2.01334.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBP/NZD shortGBP/NZD short
Entry 1 2.0130
Entry 2 2.0160
Sl 2.0190
Tp.1 1.9940
Tp.2 1.9900
Tp.3 1.9840
GBPNZD bounced from support, potential for a further rise!
GBPNZD bounced off 1.99812 where it could potentially rise further to 2.03780.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD SELLGBPNZD SELL
@1.99635
SL @2.00201
TP @1.99102
TP @1.98701
TP @1.98202
Traders! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
LINK IN BIO!!
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
AkilajFX
GBPNZD bounced from support, potential for a further rise!
GBPNZD bounced off 1.96170 where it could potentially rise further to 2.03780.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
