GBPNZD DAILY ANALYSISIf break green box it means downtrend is over but i expect sell trend goes on , you can follow arrows for possible scenario
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Gbpnzdanalysis
GBPNZD short trade ideaPlan : wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
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GWBFX
GBPNZDI think we have a very good chance to open a sell trade below this resistance line.
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GBPNZD may fall today vey stronglyGBPNZD is looking for long sell due to lot of sell pressure building from few days.our strong sell are begins from 2.05400.Our 1st sell target will be 2.04300 which is highly possible to be achieved while after little retracement as metioned in chart analysis,it may goes for 2nd target which will be 2.03400.
GBPNZD IDEAYou can use Red trendline for short trade , Blue trendline for long trade , will swing between trend lines
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GBPNZD NEXT WEEK TRENDGuys as you see my previous week anlysis of gbpnzd i told that it will change its buy trend and make new sell trend it just reached at the point where i set the tp almost covered 600++ pips.In coming week gbpnzd will continue its sell trend but it can first go to buy to build a sell presure and than continue again to sell next week its expected to come to 2.00448.Guys dont enter in sell when market opens wait for sell confirmation it first go to buy and when it comes back and break the support at 2.04764 than it will be confirm sell signal.
GBPNZD Short! 1hrNote: Idea is to complement your research.
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GBPNZD Short! 4HrNote: Idea is to complement your research.
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