GBP/NZD : Looking one More Move UpsideBUY & SELL As Per Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !
Gbpnzdlong
Call me crazy, later.... GBP/NZD swing trade to the moon!Based on the weekly double bottom that has been pushing price since around 2016, the market has ultimately predicted the out outcome of Brexit, or any positive or negative news that is to come. If we can stay in tune with the weekly formation, price needs to get up to the next weekly selling zone. FX:GBPNZD
side note: I did hedge this position with a sell at the top of the weekly zone on the short term reversal, but I can't not buy on the news sell off into liquidity.
#GBPNZD, A formidable modelIn the second pick, a Double top template was created so we recommended a sale, there was a decrease but it did not hold and gbpnzd returns to increase in strength.
The buying position will be with the trend.
We believe that gbpnzd is on the way to resistance at 2.0400 and then if there is indeed breaking then the next target will be very very high.
GBPNZD long ideaHi guys,
Although this is a short term long but here we have a nice setup on GBPNZD. Price pushed up and pulled back and completed with a bullish engulfing candle which suggests uptrend for time being.
I have gone long and marked tp and sl for you as well. Trade safe and good luck. Let me know your thoughts.
Cheers.
GBPNZD Easy ForecastHello Traders,
Down move happening exactly as expected (Refer to relates ideas down below).
Expecting this last piece to be a small WXYXZ which will break us down to (or just above) the bigger trend line before heading back up for the third impulse.
Targets are to break 2.085 / 2.095 range.
Thumbs up & follow for more,
Good luck
GBPNZD approaching support, potential for a further rise!
GBPNZD approaching support at 1.99260 where it could potentially rise further to 2.05590.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD reversed from resistance, potential drop!
GBPNZD reversed off its resistance at 2.03165 where it could potentially drop further to 1.99262.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 1.99260 where it could potentially react off and up to 1st resistance at 2.05590.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
#GBPNZD, Signal with huge potentialTwo weeks ago a double top pattern was created in the weekly graph and indeed the pound fell by 130 pips, the declines did not hold and the bulls returned.
The recent increases accelerated after the resistance in 1.998 was breached.
A definite upward trend.
Target: 2.09 (a very distant but very realistic destination).
If gbpnzd drops below 2.0150 this signal is canceled!
GBP/NZD BuyAbove 21 and 55 EMA on 4 Hour
Clear Uptrend
Daily Stoch is oversold
RR: 1:4
Key Resistance is our TP for the restest
GBPNZD / H1 / Daily Forex Technical Analysis / 10.24.2019Hello Traders, welcome to the Daily Forex technical analysis. Today is October 24th, 2019 and we will be taking a look at the British Pound against the New Zealand Dollar. Looking at the 1 hour time frame we are looking for price action to hold above the trend line acting as support the 2.016 region. If we can continue with a bullish follow through and stay above the trend line and our stop loss we will be looking for an entry long. Entry for a Long position near the 2.01664 area, with a Stop Loss near the 2.00326 zone, and a target profit level area of 2.03497, could possibly ensure a profitable trade with a 1.37 to 1 R/R. Thank you for tuning in please feel free to write a comment or leave some feedback, any advice is greatly appreciated. Have great day and good hunting out there traders!
GBPNZD Potential Buy Setup BrewingThis is a interesting pair because price right now is sitting in the sweet box. If price respects the 38.2 fib level then buy the breakout of trendline up. If price breaks down, look for it to go to the 61.8 before possibility going up to the fib extension. Watch price action at these levels for a potential buy.
GBPNZD reversed from resistance, potential drop!
GBPNZD reversed off its resistance at 2.03165 where it could potentially drop further to 1.99262.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD buyGBPNZD will go down at the fresh level of supply. After that it will continue the UP_Trend.
GBPNZD approaching resistance, look out for potential reversal!
GBPNZD is approaching its resistance at 2.03294 where it is could reverse down to its support at 2.01334.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
GBPNZD bounced from support, potential for a further rise!
GBPNZD bounced off 1.99812 where it could potentially rise further to 2.03780.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
