Update on Long GBPNZDHere is an Update on my Long position of GBPNZD.
I have attached previous analysis below.
Price has reached my particular target area and fell roughly 20 pips short of my TP area.
Feb 4
December 12
Gbpnzdlong
GBPNZD - Breakout TrapPlease be cautious when trading the head and shoulders breakout on this pair as it could result in a reversal. If the breakout is confirmed then look to continue buying but if the price shows signs of closing back below the arrow marked then get out because this could drop aggressively.
GBPNZD Buy Idea | Entry details on the chartHey traders, here is the analysis for the GBPNZD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPNZD LONG - POTENTIAL IMPULSIVE MOVE BACK TO HIGHS!In this video, I explain why I think we could be in for a swing to the downside for this pair and see price take out the previous lows and eventually reach 1.19000.
Thanks for watching!
Leave a comment if you agree, disagree or have any questions:)
GBP/NZD New Analysis And Free 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD long trade ideaPlan: wait for the price to bounce off support level/demand zone --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD AnalysisWe just formed a bullish flag on the daily and broke above it and price seems to be wanting to move up higher. We also have a major area of resistance which will be our first target and where we should see a retracement before the continuation to the upside.
From a COT data we have a very strong GBP during the past two weeks against a pretty steady NZD so we expect to see this move with higher probabilities.
Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset.
Trade safe !!!
bullish patternwe are in in clear upper trend, currently price showed deep correction I believe, SL is below trend line and resistance risk reward 2:1
GBP/NZD BUYGBP/NZD has been in an uptrend , r especting the ascending channel since the beginning of the year
Currently the price is almost touching the bottom trend line ( retracement ).
I expect the price to show a reversal , with the buyers taking control of the market, increasing the price and continuing the ascending channel .
I will wait for a clear rejection of this trend line for a conformation and enter the trade. The expected movement is shown by the grey path drawn .
GBPNZD possible target 1.9450professionals increasing gbp long positions since last few weeks, professionals increased 7% long positions by last four weeks, while reduced 3% shorts positions in nzd. split your position by dividing half risk each with following levels, 1.9180 and 1.9105 for target 1.9450.
GBPNZD short positionone of my favorite pairs, I have entered on 1.93340 and another one on my gold zone, and I'm aiming for 200 pips at least because we have many confirmations shows that it's. going down
GBPNZD / STRUCTURE BREAK / DAILY BEARISH ENGULFINGLooks like we're going down, just waiting on a pullback
GBPNZD LongHi traders,
As we can see here GBPNZD reached our ressistance, broke above then already came nicelly to retest the area.
scaling to 2H TF you can spot a double bottom that has been formed at the support area(Previous Ressitance).
i will wait on market opening the pair to reach the 55% of fibbonaci to enter Longs.
GBPNZD BUYS Week C/O 22/02/21in the coming week look for some consolidation within the 1.913 Zone, looks like there's some major support and resistance in this area.
Clear uptrend in the daily Time frame but watching the weekly GBPNZD had been quite bearish, looking for some major breakouts as GBP has had some great bullish momentum last week which has allowed it to break out of its previous bearish price action coming for a clear break and retest ofthe daily price action look for some consolidation before confirming
GBP/NZD TP Hit, Wait For RetraceAnother TP hit on this yesterday, now retrace it taking place. Looking for chance to re-enter a long around 0.382 Fibonacci. If price rebounds here target is 1.96382. Looking for a further target beyond that of 1.98041 but that may need to be a separate trade after taking profit and seeing retrace.
GBPNZD approaching first support, potential for a bounce! Price is approaching our 1st support, in line with our 61.8% Fibonacci retracement, 100%, 61.8% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further upside towards our 1st resistance at 1.94184, in line with our 50% Fibonacci extension and horizontal swing high resistance. Price is also holding above the Ichimoku cloud, showing bullish pressure in line with our analysis.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
