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Gbp-nzd

GBP/NZD buyers pushing price upHi traders. Here we have an interesting setup in GBP/NZD. The pair has completed a pullback to a daily support zone and is forming a indecisive doji candlestick in today's trade. The level aligns with the 38.2% Fib level, and the daily RSI shows a hidden bullish divergence. Zooming-in to the 4-hour chart, we get a nice bullish wedge pattern with the price retracing at the lower wedge support. Like our analysis? Please hit the "LIKE" button to support us. Thanks!
Long
by MujkanovicFX
GBPNZD SS Short + 51 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. The 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.9986 Stop = 2.0011 Risk = 25 pips Profit target = 1.9935 ( The projected low ) Reward = 51 Pips RRR = 2 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week!! Allen LAST CHANCE TO OBTAIN THE GOLD METHOD ICHIMOKU I wanted to remind everybody that today is the last day to obtain the book. ** Every trader has made up their investment during the training room, so it is practically a no cost proposition. If you want to join and are prepared to put in the work, please send me an email at Fxgold54@gmail.com
Short
by AGold54
5
GBP NZD QM Ping Pongafter playing Ping Pong between 2 great respected QM zones on daily chart we break through the upper qm zone and now using it as support area... for me its more likely that we go further in trend dircetion so i look for a long entry here ...the thing i dont like is that we tested the broken zone from above several times now and iam a bit afraid of the fact that all orders already been absorbt here ...so in case we break below ,close below and price shows singns of weakness i would think about a short but so long iam a bull here and look for ltf long entry
Long
by Trueman23
GBPNZD SS Short + 194 Pip PotentialPrice is below the Daily and 60 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 2.0129 Stop =2.0154 Risk = 25 pips* Profit target = 1.9963 ( The daily projected low ) Reward = 191 Pips RRR = 7.64-1 BO Entry = 2.0073 Stop = 2.0098 Risk = 25 pips Profit target = 1.9963 ( The daily projected low ) Reward = 110 PIps RRR = 4.4 - 1 I would appreciate if you leave a comment or like as a thank you Allen * I am using a slightly larger stop ** I apologize if I am a little slow responding to comments as I am conducting a training room.
Short
by AGold54
12
GBPNZD: Sell opportunity on the 1M Resistance.The pair has been consolidating for 1 month following the October 16th rejection on the 1M Resistance. Due to this consolidation, 1D naturally is neutral (RSI = 53.790, STOCH = 52.061, Williams = -54.030, CCI = -35.5091, Highs/Lows = 0.000) but still above the 1D MA50 (blue line). Based on the price and 1D RSI action, the current pattern resembles the second half of 2017. Then, after crossing below the 1D MA50, it found support on a Higher Low trend line. This is a sell call towards 1.95000. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
Short
by InvestingScope
5
GBPNZD MAKRET OPEN LONGGBPNZD has been in consolidation after breaking above our key level at 2.000. I believe we are finishing off this consolidation and will be breaking out to the upside. As well with current P.A, we may get a better entry on market open, and perhaps be seeing a gap to the downside, closer to 2.0125. This would give us an optimal entry for long positions and we can look for a 700 pip TP at 2.0800 . This is a big swing trade but GBPNZD is very volatile and with the fundamentals coming in the near future, these could easily help us get there very rapidly.
Long
by wakethesheep
GBPNZD SS Long + 167 Pip PotentialPrice is above the Daily, 60 as well as in the 15 min cloud. This is a Type 1 trade with a High probability and good RRR. PB Entry = 2.0154 Stop =2.0134 Risk = 20 pips Profit target = 2.0321 ( The daily projected daily High ) Reward = 167 Pips RRR = 8.35-1 I would appreciate if you leave a comment or like as a thank you Have a great weekend!! Allen Pl ease note that the last new trader training session for 2019 is going to be the week of December 2. Since I think it is extremely beneficial to have the book at least 2 weeks prior to the training, the last day to obtain the book is Today. If you are interested please message me with your email.
Long
by AGold54
5
GBPNZD Post news trade Short + 188 Pip PotentialFollowing the positive reaction to the NZD interest rate decision where they kept the interest rate the same, when a cut was expected, coupled with the negative UK CPI . We have the potential for a great continuation to the downside. Entry = 2.0124 Stop = 2.0144 Risk = 20 pips Profit target = 1.9936 (the Daily KS) Reward = 188 Pips RRR = 9.4-1 Once this trade is up + 20 pips, move your stop to breakeven and let it run. I would appreciate if you leave a comment or like as a thank you Allen ** Please note that the last new trader training session for 2019 is going to be the week of December 2. Since I think it is extremely beneficial to have the book at least 2 weeks prior to the training, the last day to obtain the book will be November 15. If you are interested please message me.
Short
by AGold54
11
GBPNZD bullish expected for the week GBPNZD bullish expected -can take multiple entries near previous highs and low (those are good places where price has reversed in the past) -if your stop is taken out 1st time (Don't worry you can enter again for bullish entry or can increase your Stop loss) ( dont hesitate to take reversal entry against your analysis to save some few pips until u see the reaction of swing u expect ( u can quit that trade at BE or sustain a small loss if reaction shows up) -risk management is very important to reduces your losses during tough time -previous highs and lows are very good reversal points in the market (provided they coincide with your analysis)
Long
by Danialhassan