Gbpnzdanalysis
GBPNZD - BUYOn this chart we can see a pull back that has occurred during this uptrend, a new level of support was found and price has come back to retest
We are already in this trade and I will be expecting price to bounce off this level and continue moving up
GBPNZD SHORT TRADE IDEAHello guys, here is the trade plan for GBPNZD. For trade details please refer to the chart. If you guys like my analysis please hit like. Thanks.
GBPNZD short!!!The NZD got crushed after the news event and we could see it regain its strength so that would mean a continuation of the trend !!!
GBPNZD - BUYPrice is now in an uptrend, it has broken resitance but is currently retracing. Once a price is moving up again we will look for buys
GBPNZD Long Idea on H1 TimeFrameFirst Higher Low on Hourly Chart.
3 Part Trade with TP1 and TP2 and previous highs.
Looking for 1: 2 R/R ratio
GBPNZD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD LongOn the daily chart, the pair is at an important area of support. A strong indication of a reversal is imminent with a double bottom highly likely.
As such I anticipate a bounce off the trendline once the retest is complete to also form an inverse head & shoulders on the 4H chart.
This is a swing trade with a risk-reward ratio of 1:12.36.
So GBPNZD LONG:
SL: 1.93103
TP1: 1.97052
TP2: 2.01459
TP3: 2.05619
TP4: 2.09324
GBPNZDGBPNZD trendline breakout with confirmation we can take sell entry with money management and risk-reward ratio.
Entering LONG on >>GBP/NZD<< | What am I looking for?Good morning, traders!
I have just opened a new position on GBPNZD , so here is my analysis.
Take a look at the video and let me know, if you like this idea as well. :-)
Have a nice day.
John
FINEIGHT Team
GBPNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZDWe see push to the upside after creating a support with multiple rejections
Now we look for a retrace on the 1Hr for the broken resistance to keep moving upward
What to watch for...
Next HL for entry to go long
GBPNZD Price At daily supportwatching closely here for reversal any big candle open here is a really good option for long
wait for daily candle to close above and than make move
overall staying bullish here
A BREAKDOWN OF OUR GBPNZD TRADE Hi Guys, before you watch the video, look at the analysis i have attached below for reference about what i cover in the video.
If you have any questions,do drop them in the comments below or message me.
GBNZD: below 1.94456, we go for 2,500 pipsif support at 1.94456 is broken, short the pair.
please archiving the 2,500 pips may not be aggressive.
expanded flat expected
