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Gbpnzdforecast

GBPNZD 300 pips drop was expected Will it broke 1.90000 ?GBPNZD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price around 78.65 Fibonacci 2️⃣Trading within a converging trend lines 3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news 4️⃣ 1.93000 Dynamic support and resistance 5️⃣ 1.98000 acted as strong resistance-Key psychological level 6️⃣ 1.90000 will Acted as strong support 7️⃣ Technical support - bearish 8️⃣1 .90800 will acted as key reversal-bearish 9️⃣ September low-Immediate resistance-Alternative bullish entry 🔟 Possible swing target-1.87400 lower trendline #️⃣ Overall bearish trend-Within converging triangle pattern —————-❇️——————- 📉 Technical bias-H4-Bearish Price is below 50,100,200 Exponential moving average 50,200 Exponential moving average will act as support-Bear Relative strength index - Felled below 50 - Bearish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 30- oversold condition will give a short term pull back expected Ichimoku cloud -cloud is still red-Middle line supports bearish trend Bollinger band- Price reached around the lower band-Short term bullish correction towards middle band —————-✳️——————- Key reversal area's 1.98000 psychological level 1.95630 Point of control area Volume analysis 1.98050 Oct month high 1.93100 78.6% Fibonacci retracement level 1.94000 Major psychological level 1.92600 Possible entry- Bear 1.87500 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #pound #gbpnzd Entry price - 1.92600 Take profit 01 - 1.90800 Take profit 02 - 1.87500 🚫 Stop lose 1.93680 ⬇️2.68% Drop expected ⤴️ Account growth .57: 2.68 ✅ Risk reward ratio 1 : 4.7 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
1
GBPNZD - Full Analysis Breakdown. Welcome traders to a free analysis breakdown. Today I am highlighting possible trade ares on GBPNZD if you any questions on the pair let me know in the comment section below. Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful . If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner. Feel free to comment a pair or subject you would like me to cover next. Trade Safe Alpha Trading Group.
Short
by AlphaTrading-Group
GBPNZD, 4hr tf, buy above the kumo cloudHello my friends, Yesterday i take a buy position on GBPAUD and it is has already hit TP1. I already take partial profit on it and set remaining position on breakeven for a risk free position. For today i am taking another buy position with GBP cross pairs. This time is GBPNZD. Noticed that price above the green kumo cloud on 4hr tf and parabolic SAR below the price. So we will only look to buy as the pair are bullish on 4hr timeframe. At 1.9570 there is some support that could hold price from going further down. There is a horizontal support and notice it is also the 61.8 fibonacci retracement of recent upward swing. Buy GBPNZD 1.9570 Stop loss 1.9490 Take profit 1 at 1.9650 Take profit 2 at 1.9730 RR Ratio is 1 : 2 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
GBPNZD H1. This Analysis Based On Price Action Theory.We Have an Analysis Of GBPNZD H1. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction but the market rejected the price from the resistance level Even those market bullish because the market also retests the trend line so on behalf of this we have a target (resistance) level @1.961470 & @1.969780 For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The all are reflected Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard Enclavefx technical group
by Enclave_fx
1
GBP/NZD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: Obviously a very risky trade! I personally see a chance of a retracement after retesting the area of PoC and trendline of the previous up-trend. I am personally a fan of risk so I will take that one with a lot lotsize. Moves like that can quickly retrace as scalp- & daytraders tend to save profits. Please stay out if you have a lower risk-aversion as this trade is a high-risk-trade. GBP/NZD: Daytrade-Preparation Market-Sell-Order: 1,95000 Stop-Loss: 1,956000 Target 1: 1,94040 Target 2: 1,93315 Target 3: 1,92170 Target for One-Target-Trader: 1,94040 Stop-Loss: 100 pips Risk: 0,5% - 1% Risk-Reward: 2,84 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1
GBPNZD | PERSPECTIVE FOR THE NEW WEEKThe Pound bounced with a vengeance after seeing a Double Bottom structure on the weekly chart to continue her rally! A Breakout of N$1.93500 last week followed by a retest of N$1.94000 later in the week summons a rally continuation in the following week. Tendency: Uptrend ( Bullish ) Structure: Breakout | Reversal Structure Observation: i. The Pound finally found and Breakout of Bottom (N$1.91000) since the beginning of Decline in mid-August 2020. ii. Breakout and Retest of N$1.94000 marks this level as a new Demand zone for the subsequent rally. Trading plan: BUY confirmation with a minimum potential profit of 450 pips. Risk/Reward: 1:3 Potential Duration: 3 to 10 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. NirvanaForex Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry