Gbp-nzd
GBPNZD - FOREX - 21. APR. 2021Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bearish pullback towards previous sr level.
4 HOUR
Bullish market structure.
DAILY
Looking for more bullish pressure towards previous highs!
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FOREX SETUP
BUY GBPNZD
ENTRY LEVEL @ 1.93370
SL @ 1.91960
TP @ 1.95540
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPNZD turn at the 0.5 Fib 🦐GBPNZD after the attempt to break the monthly resistance started a retracement move.
The market reached the support area over the ascending trendline, and started a minor impulse until the 0.5 Fibonacci level
According to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Sometimes wild, sometimes mildMaybe the title is a bit extremist. But that is the reality of this cross. It goes through a process with the utmost power and finally completes everything with a long shadow. A very strong uptrend and now a sharp downtrend. But do not forget one thing: it is always based on analysis. We are waiting for the price reaction and probably a signal for a trade.
ANALYSIS ON GBPNZDHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is now close to its TRENDLINE SUPPORT it can bounce back from here
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
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GBPNZD a test of the trendline 🦐GBPNZD after the attempt to break the monthly resistance started a retracement move.
The market reached the support area over the ascending trendline, from here we can see a move to the upside before a new inversion to the bearish side.
According to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
-----
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPNZD - FOREX - 13. APR. 2021Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Pullback after bullish closure.
4 HOUR
Overall bullish market structure.
DAILY
Expecting more price action towards previous highs.
-
FOREX SETUP
BUY GBPNZD
ENTRY LEVEL @ 1.95600
SL @ 1.94590
TP @ 1.97160
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPNZD - The 1000pip TradeGBPNZD is within a parallel channel and last week we saw it reject the channel and drop. Simply look for a bearish correction and enter. Ideally the correction would lead us back to the area of interest indicated in the chart.
We're anticipating GBP weakness across the board. See links below as to why.
Goodluck and trade safe!
GBPNZD - The 1000pip Trade GBPNZD is within a parallel channel and last week we saw it reject the channel and drop. Simply look for a bearish correction and enter. Ideally the correction would lead us back to the area of interest indicated in the chart.
We're anticipating GBP weakness across the board. See links below as to why.
Goodluck and trade safe!
GBPNZD looking for the 1.99 🦐GBPNZD after the last impulse is moving around the structure at the a.96500 area.
The market after a retracement over the 0.382 level is now breaking above the resistance.
If the market will close above we can set a nice long order according to Plancton's strategy.
-----
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
💡Don't miss the great sell opportunity in GBPNZD Trading suggestion:
. There is a possibility of temporary retracement to the suggested resistance line (1.9765).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.65.
Take Profits:
TP1= @ 1.9650
TP2= @ 1.9610
TP3= @ 1.9545
TP4= @ 1.9470
TP5= @ 1.9380
SL= Break below S2
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GBPNZD is facing bullish pressure | 24 Mar 2021Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
GBPNZD is facing bullish pressure | 24 Mar 2021Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Multi-Wick Rejection Offf The Weekly Level Can Lead To ShortThis is a very jittery uptrend. And there are a lot of which rejections on my weekly area around 1.94408. I can see this from the daily timeframe. This could mean that we're getting ready for a short and if any reversals are possible, it will happen later part of the week. For now, my targets will be targeting daily levels from both sides. So less he had a market plays out.
BULL TPs:
• 1.94408
• 1.94950
• 1.96092
BEAT TPs:
• 1.93297
• 1.92725
• 1.92020
• 1.91514
• 1.91065