Short as per entry shown....RRR 1:1 or 15 pips...maintain strict sl
GBPNZD was boken market structure to go upward. This is quick analysis about GBPNZD today. Now, i'd like to see price retrace back to "Backup" Wait to see a confirmation before enter long positions to minimize risk. Do you like this gold trading idea? If you find the article useful and interesting, please leave a comment or engage to see more posts...
NZD/JPY is trading to the upside today prior to the ANZ Activity Outlook data, which is designed to provide a snapshot of business opinions regarding the expecting future state of their business and the New Zealand economy overall. Technically the pair has broken to the upside of the resistance trendline and has performed a retest pattern. We anticipate upside to...
GBPNZD currently is an obvious down trend.It broke through my trendline and broke through structure......mt ORDER BLOCK has been marked out which is were high selling preasure is presengt.It retested and formed a reversal candle !!!!!!!!1IM JUST 17....LETS EAT
- trendline is broken - RSI divergence - big volume rejection the bottom - market risk on Happy trading
Study can be seen on chart. GBPNZD will reverse till OB below and will bounce from there. We need to see how it reacts to these levels to take a trade. Currently a sell can se seen.
Expected sell-off for NZDCHF, price should get to 0.62300
GBPNZD has just seen a small sell-off towards the levels of 1.9495 however it appears that there has been some support formed here. If the BoE decides to raise interest rates then it's likely for GBPNZD to push forward and test the previous high of 1.97. As the Fed plans more rate hikes in 2022 it's possible for the UK to follow suit, which is why I'm bullish on...
Gbp Nzd Sell: - Strong Resistance - Trend Reversal - Fibonacci Confluence
The New Zealand dollar has reached a significant resistance level against the Japanese yen.
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Prices are on bullish momentum and abiding to our ascending trendline. We see potential for a bounce from our buy entry at 1.05596 in line with 100% Fibonacci extension and 127.2% Fibonacci retracement towards our Take Profit at 1.06539 which is an area of Fibonacci confluences. Technical indicators are showing bullish momentum. Any opinions, news, research,...
Prices are on bullish momentum and consolidating in a triangle. We see potential for a bounce from our buy entry at 1.66487 in line with 61.8% Fibonacci extension towards our Take profit at 1.67557 which is an area of Fibonacci confluences. Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or...
Buy #GBPNZD Plan First Entry was at 1.9637 Second Entry is pending order at 1.9615 Stop is at 1.9560 Target is at 1.9768 I have 5 reasons to buy GBPNZD for a daytrade. 1. Currency Strength Meter GBP is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bullish Divergence Signal The Rules: If second...
NZDJPY price moving positively after breaking the upper trendline of the falling wedge and now bulls are charged up for resistance area around 78.00. Good Luck!
Trade looks ready for the sell. Take small risk. Good risk to reward.