Gbpnzdlong
Thu 28th Jul 2022 GBP/NZD Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Buy. Enjoy the day all. Cheers. Jim
BOOM! GBPNZD may go long after testing.Hi 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 FX:GBPNZD
We can see market is going to test its previous support or trendline.
So we are expecting more rise to its major resistance after testing.
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 !
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Jamie Gun2Head - Buying GBPNZDTrade Idea: Buying GBPNZD
Reasoning: Looking for support level to hold up today
Entry Level: 1.9388
Take Profit Level: 1.9459
Stop Loss: 1.9366
Risk/Reward: 3.23R
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GBP/NZD Hi Traders, with touch price to rising trendline chance to get buy position until arrive to resistance at 1.094680 i think will price go down from this level The general trend is bearish, so we are looking for entrys to sell
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GBPNZD probability long for 1.9620 even1.9740#gbpnzd, weekly chart forming higher high and higher low, while friday bar is key reversal bar for short but 1.9370-25 strong demand zone for long. have a patience wait for 1.9370 & 1.9325 demand zone for long trade for target 1.9620. If breaks 1.9620 then next possible target 1.9740.
GBPNZD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1.91500 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
GBPNZD is in Downtrend and It is Expected to Continue Downtrend.
GBPNZD | DOUBLE TOPGBPNZD had given a breakout from the falling trendline, formed a higher high, and retrace back to formed HL.
Recently, it took a hit from the so-called resistance zone forming a double top pattern. (Range Form)
We are expecting the price to trade in a range before giving an upside breakout. Long positions can be taken above the resistance zone.
Manage your trades accordingly.
GBPNZD - BoE Interest Rate DecisionAs GBP news is coming today and BoE is expected to increase the Interest rate, GBPNZD pair will move massively. Short term interest rates are the primary factor in currency valuation and GBPNZD pair moves around 200 pips always. we can expect a massive movement in this pair. as the Interest rate is expected to be increased, we can assume that GBPNZD will fall down for 200 pips during the news time.
GBPNZD
sells at CMP 1.9340
SL# 1.9440
TP# 1.9140
GBPNZD Catching Pip$This is a V Top Set Up into an upside liquidity run.
The proof is in the analysis.
Price repeats itself day in and day out.
If we can pinpoint those moves in the past they give us the keys to the future.
V Top Drop often goes into an upside liquidity run play.
Nice time to book a 1st Class flight for cheap:)
Never over leverage.
Trust your analysis.
Be patient.
Have fun!