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Gbp-nzd

GBPNZD - SWING - 08. FEBR. 2021Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish closure at the end of previous week. 4 HOUR Expecting more downside this week. DAILY Overall sideways moving structure with good short entries! - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90560 SL @ 1.91600 TP @ 1.88970 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
Short
by DACapitalTrading
34
GBPNZD: Entry LONG now on this PULLBACK (Signal)Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/NZD ⚪ Technical Analysis : Since the beginning of January 2021, the price has been following a strong uptrend, reaching and getting a rejection on the resistance level at about 1.91990. It got a correction, perfectly matching with the 0.50% of Fibonacci retracement and a daily support zone at about 1.89000. During its trend correction, the price created an interesting falling wedge pattern, breaking through its dynamic line just few hours ago. 🔴 Conclusion : I'm confident to see the price rising again until the next resistance zone at about 1.92000 and I'll open my long trade once I'll confirm the validity of the pullback on its dynamic line. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
18
GBPNZD ona bull flag 🦐GBPNZD after breaking above the weekly resistance reached the previous high at 1.92 level. From there the market started a retracement move into a bull flag and recently touch the 0.5 fib level. According to Plancton's strategy, if the conditions will be satisfied, we can set a nice long 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.
Long
by InkyGrip
16
GBPNZD - SWING - 01. FEBR. 2021Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Market forming a d-top, expecting more downside. DAILY Overall sideways moving structure.. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90870 SL @ 1.91840 TP @ 1.89540 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
Short
by DACapitalTrading
30
GBPNZD Possible short opportunity on GBPNZD. We have seen rejection at resistance for the 4th time and so we can expect some bearish momentum. A break of the 200 day EMA and the trend line at the 1.8975 level would call for a short opportunity where we could see price return to support at the 1.8610 level. Confirmation of breakout: - Closed bearish 4Hcandles - Price breaks below 200 day EMA - Break in the trendline - Signals from MACD andRVI I find GBP pairs to be rather volatile so I would advise a smaller position size and letting the trade run to its target. Also, some important GBP news out tomorrow (1st Feb 2021)
Short
by francesgurton
1
GBPNZD has possibility to reverse the trendGBPNZD has possibility to reverse the trend GBPNZD made a very nice upward trend on H1. Last week, however, it broke the support and we see that at the moment there is no strength to continue. This allows to reverse the trend and search for short positions. For this purpose, however, we must see confirmation of the reversal with a break of the previous bottom. If we see a break we can expect to reach 1.8837 and 1.8682! Pre-entry is not recommended! If you have questions about how to trade this or another situation, contact us! To support us, like and comment
Short
by ForexTrendline
1
GBPNZDGBPNZD 1H (1) Price has broke out the trend line + the 50 EMA with one engulfing red candle = very bearish; (2) Then, we can see a momentum breakout of the weekly effective support which now turns into resistance = very bearish as well; (3) Now price pulling back to the broken weekly level, thus forming a triangle pattern = great short setup; Trigger event: Trend line + structure breakout. Risk: medium. Here's my suggestions: Entry: 1.89609 (sell limit) SL: 1.89817 TP1: 1.89458 TP2: 1.89111 TP3: 1.88616
Short
by Kingsol
1
GBP/NZD Post Brexit Hike?I've been reading about the Brexit deal. Pick one winner...UK or EU? Right now I would say UK...seems like since the deal closed the GBP has gained strength. I'm sure the UK is happy about leaving the EU partnership. They can operate on their own terms and trade tax free and without quota. "The agreement between the EU and UK on a new partnership sets out the new rules that apply as of 1 January 2021 in the relationship between the EU and the UK. It covers areas such as: trade in goods and services; a level playing field; fisheries; aviation and road transport; social security; UK participation in EU programmes; internal security." (website) None of my analysis are fact. I do believe that the UK will eventually get stronger with the Brexit deal being done. Yet, it will take some time. My technical analysis tells me that price may drop a little more into the support zone (1.86-1.82) before it tests 50%-61.80% retracement of the previous high of the 2.0's (1.96-1.94) and price did hit this range last August. Price broke the current resistance zone in April of '20 and shot back down to the current support zone. Somebody tell me why it wouldn't test the most recent high at some point? Boris Johnson might be related to Magic Johnson the way he may pull this off for the UK!
Long
by Redimere_91
GBPNZD on a double bottom 🦐GBPNZD after the attempt to break the 1,86400 level retraced up until the 1,91 area before testing again the support, creating a double bottom formation. The price looks like inside a possible ascending channel. IF the market will break above, according to Plancton's strategy, we can set a nice long 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.
Long
by InkyGrip
6