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Gbpnzdidea

GBPNZD SHORT List of confluences: 1: Trendline breakout on daily chart 2: Rising wedge pattern breakout which signals trend continuation to the downside. 3:Key level breakout on daily chart. 4: Change in market structure from bullish to bearish. We will be looking to sell this pair as it remains bearish despite BOE attempt to intervene in the weakening of the Pound. Risk reward currently stands at approximately 9.13 to 1. So we could see a return of between 9.13% to 18.26 for this particular trade if we risk between 1 - 2 percent of our account per trade.
Short
by NDOBObanks
Pound Kiwi Test near Fibo levelHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about GBPNZD We can see a market break its strong support in D1. So we are expecting a strong rise near support. This is my opinion, I really hope this will be useful for you. This is not a financial advice. Always take trade at your own risk, Be ready and take care your money. Have a great profit ! Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
Long
by Theranasaramd