GBPNZDWe see push to the upside after creating a support with multiple rejections
Now we look for a retrace on the 1Hr for the broken resistance to keep moving upward
What to watch for...
Next HL for entry to go long
Gbpnzdlong
GBPNZD IS BELOW THE KEY LEVELHello, here is my analysis for GBPNZD .
IF YOU NEED MORE UPDATE YOU CAN FOLLOW US.
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
A BREAKDOWN OF OUR GBPNZD TRADE Hi Guys, before you watch the video, look at the analysis i have attached below for reference about what i cover in the video.
If you have any questions,do drop them in the comments below or message me.
GBPNZD - Long then SHORTPair: FX:GBPNZD
Bias: Long then big ol'short
Looking at the daily we can see we are at a strong support zone here, could see a potential bounce before a LARGE push down to previous low.
LONG NOW @1.96311 #GBP/NZD
15MINS F
bottom divergence formed and trying to long @1.963
4HRS F
2ND BOTTOM DIVERGENCE NEED TO BE CONFIRMED
GBP/NZD looking for bulls next weekHi traders,
hope you all had a fantastic weekend and now you are ready for markets to open and your analysis is already done. We did not stop working with our web page during weekend and we are still going to work next week but our launch is getting closer and closer, stay tuned !
Let's take a look at GBP/NZD on 4H chart. Price showed us signs that price is about to breakthrough descending channel however, price has lost it's momentum and now is looking to go back inside of descending channel. To help next weeks bulls, price is also at key support line and it will be necessary for big bear power to break both of these support lines.
Let us know what you think about this idea and don't be shy to leave a comment as we always try to reply to them :)
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GBPNZDFound a support with multiple rejections and fake breakout
Looking for a HL to go short towards the trend line
GBP/NZD is at Support Level. GBP/NZD is at support level. There is a chance that GBP/NZD will start growing from this zone.
GBPNZD POTENTIAL BUYStrong bullish candle, expecting a break of the trendline.
If the trendline breaks, I will be looking for buys.
Anticipate after the break, price to retrace.
Could be at the 38.2 or go deeper, 50-61.8.
My anticipated entries, I've made in yellow.
GBPNZD - 4h LongOANDA:GBPNZD Took a Buy on the retest, and having a buy stop, i think it's going to be a bug bullish move. let me know in comments what you guys think? :)
GBPNZD - Descending Channel / 4 HourDescending channel, price action currently testing support. Will set alerts to catch a bounce or break to the downside.
GBPNZD WAIT FOR RETEST THAN SHORTHello, here is my analysis for GBPNZD.
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
UPDATE: 465+PIPS IN PROFIT FROM ENTRY ON GBPNZDWe are currently more than 465+ pips in profit on this position from our entry. i have attached the initial analysis below.
Analysis for this trade was pretty simple and straight forward. Entry was marked using Fibonacci retracment at 50% of the previous bearish move.
I want to point out some other factors that are key to your success as a trader,
1. Keep your analysis plain and simple, you will not find consistency by trying to use a lot of tools, you will only contradict yourself
2. Always calculate your risk on a trade and use a stop loss, you will not lose sleep knowing you could lose 2% on a trade but you sure will lose sleep not knowing how much you're going to lose on a trade
3. Learn, understand and apply the concept of risk to reward ratios. And always trade with a healthy risk to reward ratio
4. Trust your trade and whole heatedly accept the fact that every single trade you take has potential to be loser and hit your SL
These factors are a few of many but you have to start somewhere. start applying them if you want to see a change.
testimony speech and GBPNZDI see a strong rebound around this support and because of the testimony speech of Bailey.
Take profit : 2.00500
stoploss: 1.99600
what do you think ?
comment and like
