EUR/JPY SHORT IDEALining up on the weeklys and monthly closures we see this pair potentially getting ready for downward continuation. 130.000 could still be tested to release selling pressure but overall i am looking at shorts.
Gbp-nzd
GBPNZD / H4 / Reversal ? Market had a big upswing last week and reached a strong resistance daily level.. market stayed at resistance and already formed double top on H1,,,
Whats next?
1-Either you can wait for pattern to break down and give us any entry reason on H1
2-as we already had double top on H1 so we can enter the trade now...
Targets :
First target is always 1:1
After that you can close half and move stoploss to breakeven(Entry) for hunting Multiple Targets,,,
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GBP / NZD // Patron Cypher // zone sell / signalgbp nzd is in resistance zone sales area 0.47%
where we can do a sales operations 0.47%
forming CYPHER pattern
GBPNZD About to Pop10 month of consolidation, I'm leaning that this ascending triangle will breakout hard in time, euronzd did already. Looking to buy the retrace. Goodluck
GBP/NZD - possible Breakout downside HERES my analysis on GBP/NZD in regards to the News events for GBP tomorrow at 7am IM LOOKING FOR entry closer to the event
GBPNZD Short Setting up a short stop order for this pair to server as a hedge to my GBPJPY trade, with TP @1.92248 and SL @1.93088.
Daily:
Weekly:
Confidence: B (less risky than my GBPJPY buy because this doesn't go against the overall sentiment in COT as well as bearish trend in GBP, but still risky because of USD news later)
GBP/NZD SELL 3H CHART Here MACD has overlapped, and Parabolic SAR has suggested a new trend also support been broken so GBP/NZD will go down so,therefore, sell now
GBPNZD Possible Sell SetupGBPNZD Possible Sell Setup
Waiting for a close below the support zone.
Details on the chart.
Happy Trading!
GBP/NZD: Conditional buy order (34 pips) check it out!Hey guys,
I hope you had a wonderful weekend!
Back this Monday with a new idea: GBP/NZD. Please check the trading plan and leave a comment and/or a like.
Do not hesitate to check my previous ideas!
Have a good day.
Trade with care.
Long term Rectangle on 1W. Sell on short term.GBPNZD is trading within a 1W Rectangle (RSI = 50.962, CCI = 5.9779, Highs/Lows = 0). As seen on the chart, even if it makes a run towards 1.96245, there are more bias towards the 1.89307 profit taking line. Our short's TP = 1.89600.
GBP NZD potential SHort Market has reversed from a nice resistance level and made a cypher pattern
now we can enter in this trade with risk reward of 1:1
GBPNZD Bullish BatBullish Bat Formation on Higher TF.
Looking to go Long upon completion of this Bat pattern.
Bat Pattern = 50.0 B Point
XA: 50.0 Fib (B)
AB: 38.2 - 88.6 Fib (C)
XA: 88.6 (D)
ABA:161.8
88.6 Fib completion confluence with 1.775 Quarter Point.
SL & TP Given on the chart.
Goodluck
GBPNZD IS A BIG SELLGBPNZD is a BIG sell due to news on the MPC Official Bank Rate Votes, Monetary Policy Summary, and Official Bank Rate today at 7AM EST.
Price and Lagging Line will soon pass beneath the cloud.
TP1: 1.9100
TP2: <1.9100
GBP/NZD short opportunity Technical Analysis: Bias Bearish
- The pair remains capped below 200-DMA, recovery failed to break above
- Momentum indicators bearish
- RSI below 50 levels, biased lower
- MACD well below zero levels and -ve DMI dominance
Fundamental Factors:
Sterling stumbles on lower inflation. UK inflation came out at 2.4%, below 2.5% that had been expected.
GBP undermined by speculation about a tougher Brexit coming after Tuesday's outcome of the Commons' vote over the Brexit bill.
Support levels - 1.8883 (38.2% Fib), 1.8785 (Nov 9 low), 1.8615 (Jan 12 low)
Resistance levels - 1.90, 1.9043 (5-DMA), 1.9095 (200-DMA)
Good to go short around 1.8950/60, SL: 0.91, TP: 1.8885/ 1.8785/ 1.8615
