GBP/NZD 30 Minutes Long Position Hi Trader's ♥
In This Chart We Explain Direction For GBP/NZD And Opportunity
Follow Chart And For Any Questions Text Comment ♥
Time Frame : 30 Minutes
Vision : Long ( Buy) After Break Out Trend Line
Reasons :
-- Trend Line Break Out
-- POC Line Break Out
-- Key Level
Target : 100 - 150 Pips
Stop Lose : 50 Pips After Break Out ♥
Gbp-nzd
GBPNZD - DAY TRADE VIEWGBPNZD - Based on daily chart & hourly chart it's supposed to go down, parallel channel is there on hourly it may touch the lower end.
My approach will be a sell in the range 1.96050 - 1.96200
Maintain stop loss around 1.96600
Potential downside target 1.95500
Follow the levels as mentioned
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10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
GBPNZD on a monthly resistance 🦐GBPNZD is on the test of a monthly resistance.
Price is consolidating below the 1.95500 level and at the moment is respecting the ascending channel.
IF the price will break and close above the 1.96 level, we can set according to Plancton strategy 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.
GBPNZD
GBPNZD - SWING - 01. OCTO. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Very bearish price action and price selloff.
4 HOUR
Expecting prices to push further downside, good short entries!
DAILY
Overall market turned bearish again, following midterm trend.
-
FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.93800
SL @ 1.95550
TP @ 1.91150
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
Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9407). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.9480
TP2= @ 1.9582
TP3= @ 1.9660
TP4= @ 1.9747
TP5= @ 1.9828
SL= Break below S2
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Now, It's your turn !
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Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9407). 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 uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 45.
Take Profits:
TP1= @ 1.9480
TP2= @ 1.9582
TP3= @ 1.9660
TP4= @ 1.9747
TP5= @ 1.9828
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPNZD ANALYSISGBPNZD broke major downtrendline
Bullish wave (a) ended at level 1.9585
then corrective bearish wave (b) rejected from support level at 1.9375 with strong bullish movement
Above SMA 100
MACD shows start of bullish momentum
It's expected forming bullish wave (c) to target resistance level at 1.9935
GBPNZD is ready to move up . Please fasten your seat beltsAfter falling out of the sky onto the ground, by forming a head & shoulder pattern, the price of this currency pair resumed its journey back to the sky in the last few weeks.
Now, with a last kiss , it farewelled its current position and is getting ready to go to the upper floors of heaven.
GBPNZD - DAY TRADE VIEWGBPNZD - Trading close to the resistance zone and chances are there for a downside reversal.
My approach is a short sell at current price 1.94600
Stop loss 1.95250
potential downside target 1.93860
Traders, if you liked this idea hit the like button & write in the comment section.
Why you should follow this tradingview account ?
Managed by top most renowned trader - Pulak Priyesh
10 + years of trading experience
Professional Day trader
Excellence award winning mentor
Professional chart, clear chart without junks.
Major S/R levels with inner insights
Frequent Day & Swing trade levels
All major and minor FX/INDICES covered
Thanks !!
GBPNZD - SWING - 21. SEPT. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Bullish pressure right now, good shortterm long setup!
4 HOUR
Overall sideways market structure in smaller tf.
DAILY
Expecting prices to push towards previous resistance zone.
-
FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.91860
SL @ 1.90810
TP @ 1.93480
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