Don't miss the great buy opportunity in GBPNZD Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.91400). 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 58.
Take Profits:
TP1= @ 1.93000
TP2= @ 1.94200
TP3= @ 1.96200
TP4= @ 1.97600
TP5= @ 2.00000
SL= Break below S2
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Gbp-nzd
GBPNZD - SWING - 08. JULY. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
We turned very bullish.
4 HOUR
Overall bearish market about to turn..
DAILY
Expecting a push to the upside, good long entries!
-
FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.91540
SL @ 1.90790
TP @ 1.92630
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 UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBP/NZD RETEST ON PREVIOUS KEY RESISTANCEGBP/NZD, A NICE SET UP CLEAR RETEST ON RESISTANCE WE LOOKING FOR FURTHER DOWN SIDE, As we always know that the trend is our best friend. LET'S GO BEST FRIEND WE HEADING TO THE DOWN SIDE BUDDY. use proper risk to reward ratio:
GBP/NZD: Selling at these levelsThe pattern just broke to the downside, GBP currently being weak against all FX pairs and NZD one of the strongest, as I write these words.
I am shorting at these levels and will target the next fib extension level as shown in my chart, @ 1.91140.
*** Trade at your own risk ***
GBPNZD Long - FlashcardGBPNZD Long
Direction: - Held last weeks low on the H4 & H1. This price action indicated it was going to move from a Bearish Cycle to a Bullish Cycle. Furthermore, it was at the last level of a Bearish Cycle, so it was due to reverse.
- Reversal Multi-Session W (Double Bottom) pattern on the 29th June indicated the new low of the cycle (Peak Formation Low, PFL). This gave me more confidence to long today.
Entry: - W (Double Bottom) pattern formed on the M15 and H1.
- Low was held for multiple hours during the day. This price action indicated the low was most likely not going to be broken, especially as they came back for it but then RR (railroad) tracked back up.
- Shark-fin (RSI crossed back into the volatility bands) on the first leg of the Double Bottom pattern which confirmed price wanted to move back up.
- MBL (Market Base Line) started to point upwards on the second leg of the Double Bottom pattern, which most likely confirms a rise in the pair.
- Candle closed above the 13 EMA which confirmed my long entry on this pair. (This is where I entered).
Exit: - SL @ 26 pips (7 pips below low of the day)
- TP 1 @ 46 pips (just below YH)
- TP 2 @ 81 pips (just below the 800 EMA).
- Both YH (Yesterday's High) and the 800 EMA are resistance points that they may have bounced off.
GBPNZD Price is retesting our Bearish Zone This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9315). 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 65.
Take Profits:
TP1= @ 1.9510
TP2= @ 1.9645
TP3= @ 1.9795
TP4= @ 1.9995
TP5= @ 2.0155
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 ❤️
Don't miss the great buy opportunity in GBPNZDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9315). 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 65.
Take Profits:
TP1= @ 1.9510
TP2= @ 1.9645
TP3= @ 1.9795
TP4= @ 1.9995
TP5= @ 2.0155
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 BUY TRADE SETUP FOR INTRADAY.Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBPNZD - SWING - 24. JUNE. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Bullish price action and closure above main sr level.
4 HOUR
Overall market turning bullish right now, good long entries!
DAILY
Expecting another push to the upside.
-
FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.93620
SL @ 1.92190
TP @ 1.95550
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 Price double bottomed in our bullish zone. This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPNZD - SWING - 15. JUNE. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Bullish open and close above main sr.
4 HOUR
Bearish market need a pullback and retest of previous highs.
DAILY
Expecting a shortterm turn and bullish pressure.
-
FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.94800
SL @ 1.93870
TP @ 1.96080
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