Analysis GBPNZD#99
Purchase range: 1.88659
Targets: 1.89137- 1.89615- 1.90093
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.88181)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.88659(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal
Gbpnzdlong
GBPNZD BUYING ON DIPS !!!As i see this pair is @ strong support zone and now trading in range so we are expecting it move bullish from this support zone
so we opening buying orders from the given zone and looking foreword for our TP's
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GBPNZ NEXT TRADE SETUPGBPNZD is clear making a Cypher Pattern you can say a "W pattern" in D1 time frame .i cleraly mention the turning points 1.9020 is very strong support all over time if this will break then there will be strong BEARISH implusive momentum but am looking towards BULLISH momentum.
All the entries should be applied if all trades rules are applied Comment below us or Dm us for instace
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 a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD BUY Trade Idea After the Break.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBPNZD - Move BrewingAfter breaking the ascending channel we have seen a slowly down-trending since but it looks like this move is running out of steam now that we have reached a key support level. It is highly likely that price will push down one last time to gather liquidity below this support before it begins to push to the upside.
gbp/nzd buyHi traders,
price has now created a double bottom on the Daily time frame, on the 1h we can also see its at bottom of structure. Price action should push to test the top of structure now after a continued bearish movement since 21st Oct.
IF top of structure is broken, price should continue to rise to the 0.5 or 0.618 fib region on the daily