Price have broken down B leg of ABC correction for a potential 1000 over pips opportunity. Current entry price also shows a nice 1:2 risk and reward ratio.
Looking for a 50% retracement on this trade to enter at the grey line. Entry - Grey line Stop loss - Red line Take profit - Green line Risk exposure - 1% Risk to reward - 1:2 Happy trading :)
any breakout and retest of the triangle formation withing the cross will be an indication of market movement
GBPNZD has completed XABCD pattern on 4H and it may be the beginning of a new trend... Possible sell opportunity... Like and comment
GBPNZD / LIBRA PATTERN Watch bottom for long. Please support the setup with your likes, comments and by following on TradingView thanks.
Use position size calculator DO NOT RISK more than 1% SL: 1.85900 TP: 2.03900
GBPNZD Has broken a key level that exist on the daily and weekly chart. GBPNZD has a bearish overview. The analysis shows the bears was able to break through key levels that has existed for a long time. GBPNZD bearish momentum has continued for several months and the down trend does not appear to be over. Thanks for reading and much success! -StampsFX
GBP/NZD has hit my trend line as well as my current resistance (supply and demand) zone on the weekly timeframe, im expecting price to go up
LONG GBPNZD Based on Bat Pattern and 0.886 Level Low Risk, High Return This pair will have huge move upward
Take a look at the daily chart and you can see the head and shoulders pattern developing. At the moment the right shoulder is just being formed, but the swing high is complete at the right shoulder suggesting more downside. You can see that the recent high coincides with the high established where the left shoulder is. This is an aggressive entry. Most will...
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
GBPNZD is trading in a range now. Chart spiked up for the last hours. If this little move up continues and comes near the 1.8300 level, we want to see a nice healthy rejection and a possible trendline created so we can short it through the lows or through the trendline break I will keep this chart updated.