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Gbpnzdsell

GBPNZD - SWING - 08. FEBR. 2021Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish closure at the end of previous week. 4 HOUR Expecting more downside this week. DAILY Overall sideways moving structure with good short entries! - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90560 SL @ 1.91600 TP @ 1.88970 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
34
GBP/NZD Should See a RetraceAfter yesterdays Bank of England announcements all GBP pairs have spiked upwards. I would expect a retrace on this soon before generally continuing upwards. I am bullish on GBP in the long term but there should be some short term shorting opportunities coming. This is also at a big monthly and daily resistance level which should make a drop more likely, and at the moment risk off currencies are very strong (NZD, AUD, CAD). Im looking for a TP at 0.5 Fibonacci, although you can also target 0.618 which would complete the neckline of structure (as highlighted in green) TP - 1.90205 SL - 1.92050
Short
by olly48
2
GBPNZD - SWING - 01. FEBR. 2021Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Very bearish price action and pressure. 4 HOUR Market forming a d-top, expecting more downside. DAILY Overall sideways moving structure.. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.90870 SL @ 1.91840 TP @ 1.89540 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
30