Gbpnzdsignal
GBPNZD to reverse from downside confirmation, potential drop!
GBPNZD to reverse from its downside confirmation at 1.93462 where it could potentially drop further to 1.89270.
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GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 1.92548 where it could potentially react off and up to 1st resistance at 1.97714.
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 1.93006 where it could potentially react off and up to 1st resistance at 1.95833.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Is there a last up swing coming??? GBPNZD Long Trade idea...Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line.
Just be patient and see what happens...
GBPNZD Strength DecreasingGBPNZD has printed a bearish rejection candle. There seems to be a slowdown in volatility. If price can break this trend line and retest it we will see price take back down to the previous low at 1.84000. If price continues its bullish momentum, price can potentially push up into the next zone between 1.97000- 1.98000.
www.slfxtrading.com
GBPNZD 4H CHANNEL! MAJOR ALERT!Price of GBPNZD has currently been travelling in an ascending channel. There is a minor support trendline marked out in a thinner black line inside the the channel. Price just recently broke below this line indicating a drop down to the bottom of the major channel like it previously has.
We sent this trade out to our FREE signal members on the entry of the chart! TALK ABOUT SWING TRADING!