GBPNZD Long Trade IdeaHello traders, here is the analysis for EURGBP. NOTE please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Gbpnzdlong
GBP/NZD will go higher💡Hello traders,
Hope you all have a fantastic day !
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GBP/NZD has been rejected from strong weekly support earlier this month, we expect price to go higher if resistance where price is now will be broken.
Let us know what you think about this idea.
Trade safe !
GbpNzd- Change of trend?GbpNzd found strong support last week, forming a tweezer bottom on 1.9 area.
Now the pair is in a small correction of this first leg up and we can have a new leg up and a change of the trend for the medium term.
I'm looking to buy this pair
This scenario is valid as long as the pair stays above 1.9
bearishing trend of gbp/nzd might end here
day time frame formed bearish engulfing pattern.
the prices of precious metals might start to fall, global supply is slowing down in definitely.
GBPNZD TRADE IDEAPRICE IS FORMING A DOUBLE BOTTOM AND YOU CAN GET IN AND STILL CATCH AROUND ABOUT 90 PIPS.
GBPNZD ANALYSISPRICE SHOWED A FAKEOUT THEN THE REAL PUSH OCCURED AND FORMED A DOUBLE BOTTOM. THE PRICE MAY GO BACK INTO CONSOLIDATION.
GBP_ Trendline Lower Lows CreatedTrend line Support , now looking to Long all sell retests to the upside.
GBPNZD long trade ideaPlan: resistance level breakout --> 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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GWBFX
GBP/NZD longtake every trade on your own risk and respect your account balance
do not over trade the market ant going any where
GBPNZD / BULLS IN THE HOUSEKeeping it simple and letting price dictate what it wants to do
Waiting for price to break resistance before first buy then doing the same with the second
There is divergence on multiple timeframes and price has broken a downward trend line (not drawn)
GBPNZD [1H] play on inside the box and wait to break ✌✌✌GBPNZD play on inside the box and wait to break ✌✌✌
How to trade ?
1. Now is sideway Up ▶ Sell Down ▶Buy must Dont break only ✅✅
2. Wait untill breakout for up or down and wait for pullback and following way
Have a good day 🍺🍺🍺🍺
GBPNZD ANALYSIS** JUST AN IDEA. NOT A SIGNAL **
Sorry we haven't posted in two weeks due to covid.
We are back with GBPNZD, as we can see a weekly downtrend is continuing as the days go by.
Momentum has been lost this week over the last few days with signs of a reversal.
If the trade chooses to break 1.92770 barrier I expect to see a nice uptrend.
Else if the trade breaks the 1.91360 line then I expect a nice downtrend drop.
Interesting trade to keep an eye on.
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GBPNZD H4 LONG PRICE ACTION FORECAST After price reaching a strong support level from D1 domains, in the intraday level at H4, it was able to manage the descending trendline breakout, retested the area, and now pulling back to a key support level for bullish confirmation. It allows a long entry to capture the forthcoming uptrend
The order:
Type: buy-limit
S/L: 73 pips - R:R | 1:2.7 -
T/P: previous resistance level from downward correction
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