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Gbp-nzd

SHORT GBPNZD Approaching Resistance, Prepare For A ReversalGBPNZD is approaching its resistance at 1.9620 (100% Fibonacci extension , 61.8% Fibonacci retracement , horizontal swing high resistance) where it is expected to reverse down to its support at 1.9062(38.2% Fibonacci retracement , horizontal swing low support). tochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by FlowState
GBPNZD Approaching Resistance, Prepare For A Reversal GBPNZD is approaching its resistance at 1.9620 (100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it is expected to reverse down to its support at 1.9062(38.2% Fibonacci retracement, horizontal swing low support). tochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal is expected. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks
Short
by Klimex
GBP NZD Long trade the Breakout 1.95 will confirm 2.00GBP NZD Long trade the Breakout 1.95 will confirm 2.00 as previous posts stated we were short as long as our trendline held Well it broke with a nice 4 hour bearish Dodgi perfect , we will now target 195 , a break of this zone will see higher highs and a possible 2.00 GBP issues are being clarified EU will give UK a long extension which we will see the GBP rise a bit for the near future We are NOW LONG on all our GBP trades
Long
by London_fx_club
GBPNZD - Clean channel, low risk/reward. Looks good.If my count is correct (12345), I believe we have a pretty clean long position here.. (Can a '12345 corrective' come immediately after an ABC? I'm only beginning to learn Elliot rules.) Channel looks good, take a long with a stop shortly below the 2 and 4 position, below the channel. I feel like if that doesn't hold there isn't much evidence for a long. About 300 pips move, if it makes it all the way! I'll be looking to exit around the median line to lock in profits.
Long
by DonjonCapital
GBPNZD approaching resistance, potential drop! GBPNZD is approaching our first resistance at 1.9272 (horizontal pullback resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level to our major support at 1.9087 (horizontal pullback support, 61.8% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill