Gbpnzdsell
GBPNZD 300 pips drop was expected Will it broke 1.90000 ?GBPNZD
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⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Price around 78.65 Fibonacci
2️⃣Trading within a converging trend lines
3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news
4️⃣ 1.93000 Dynamic support and resistance
5️⃣ 1.98000 acted as strong resistance-Key psychological level
6️⃣ 1.90000 will Acted as strong support
7️⃣ Technical support - bearish
8️⃣1 .90800 will acted as key reversal-bearish
9️⃣ September low-Immediate resistance-Alternative bullish entry
🔟 Possible swing target-1.87400 lower trendline
#️⃣ Overall bearish trend-Within converging triangle pattern
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📉 Technical bias-H4-Bearish
Price is below 50,100,200 Exponential moving average
50,200 Exponential moving average will act as support-Bear
Relative strength index - Felled below 50 - Bearish trend
MACD -Turned red and felled below the signal line, Oscillators pointing downward
Stochastic - Reached around 30- oversold condition will give a short term pull back expected
Ichimoku cloud -cloud is still red-Middle line supports bearish trend
Bollinger band- Price reached around the lower band-Short term bullish correction towards middle band
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Key reversal area's
1.98000 psychological level
1.95630 Point of control area Volume analysis
1.98050 Oct month high
1.93100 78.6% Fibonacci retracement level
1.94000 Major psychological level
1.92600 Possible entry- Bear
1.87500 Trendline resistance/Alternative bullish entry
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Bearish entry #pound #gbpnzd
Entry price - 1.92600
Take profit 01 - 1.90800
Take profit 02 - 1.87500
🚫 Stop lose 1.93680
⬇️2.68% Drop expected
⤴️ Account growth .57: 2.68
✅ Risk reward ratio 1 : 4.7
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GBPNZD - Full Analysis Breakdown & UPDATE Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPNZD - Full Analysis Breakdown. Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPNZD, daily tf, sell on ascending trendline breakHello my friends,
Today is the last trading day of October.
In my opinion it is better to secure some profit from open position and keep your risk as low as possible.
Before i start with my analysis on GBPNZD i am gonna review my closed positions first.
I already closed several live positions which consist of 2 winning trades and 1 loss.
1st position is NZDUSD which i closed at 0.6620 for +65 pips profit and banked +2.8% profit
2nd position is AUDUSD which i closed at 0.7020 for +130 pips profit and banked +5.2% profit
3rd position is DAX / GER30 which hit my stop loss today on market open for -200 pips and banked -2% loss
4th position is GBPUSD which i closed at 1.2930 for +80 pips and banked +2.4% profit
Let's continue with our GBPNZD analysis.
As you can see, I've marked my horizontal support and resistance area.
Price now broken below the ascending trendline and retesting it
If you look at the weekly chart, it is very clear that last week candle is a bearish pinbar indicating sell pressure from this pair.
So we will timed our entry on the daily chart and it happened that today could be a nice opportunity to sell this pair.
Sell GBPNZD 1.9530
Stop loss 1.9630
Take profit 1.9100
RR ratio 1 : 4.3 (4.3R)
Use only 1-2% risk
Good luck
GBPNZD TRADE IDEAHello Traders,
I hope you are having a good day,back at the trading game again still on GBPNZD FOR THE BEARISH OPPORTUNITY LAST NIGHT WE GOT A FEW PIPS FOR THE NIGHT AND WE ARE BACK AT IT AGAIN FOR TONIGHT,Been very bearish for the past few days so i am looking for the short opportunity to the daily low.
GOod Luck Traders who take this trade.
Gbpnzd trade setup for this weekGBPNZD is fluctuating at at is resistance 1.95483 for about 2 weeks and if you see the previous history you will see that this is the main resistance of gbpnzd now it will go down and its target will be 1.90156 even if it has to go up it will retest this support 1.90156. so there is a good opportunity to gain around 450 to 500 pips .If you need any help you can DM us
GBP/NZD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
Notice:
Obviously a very risky trade!
I personally see a chance of a retracement after retesting the area of PoC and trendline of the previous up-trend.
I am personally a fan of risk so I will take that one with a lot lotsize.
Moves like that can quickly retrace as scalp- & daytraders tend to save profits.
Please stay out if you have a lower risk-aversion as this trade is a high-risk-trade.
GBP/NZD: Daytrade-Preparation
Market-Sell-Order: 1,95000
Stop-Loss: 1,956000
Target 1: 1,94040
Target 2: 1,93315
Target 3: 1,92170
Target for One-Target-Trader: 1,94040
Stop-Loss: 100 pips
Risk: 0,5% - 1%
Risk-Reward: 2,84
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GBPNZD - SWING - 01. OCTO. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Very bearish price action and price selloff.
4 HOUR
Expecting prices to push further downside, good short entries!
DAILY
Overall market turned bearish again, following midterm trend.
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.93800
SL @ 1.95550
TP @ 1.91150
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
GBPNZD is trading in a downtrend channelGBPNZD
From August 25 this pair has started the downward journey in the channel.
And the trend line is touched thrive and holding as the resistance for the bullish.
After the price reached below the 61.8% Fibonacci retracement broadly it’s touched the 1.97000 psychological level and retested the support zone which is a Previous month’s low 1.97480.
This level will act as the support for the bearish. The first target will be 1.95100 level.
In Elliott wave analysis this pair is going to complete the major wave of 5. Stop lose may place above the minor wave of 02.
On fundamental side the brexit headlines will makes this pair more volatile. And the reserve Bank of New Zealand has recently insisted that they don’t care about the foreign exchange rates. The number of COVID-19 cases are in declining phase this improve the overall economic condition of New Zealand
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Disclaimer
It’s not a financial advice. Do the analyze and take a decision.
GBP/NZD SELL SIGNAL Hey tradomaniacs,
welcome to a new free trading-setup.
GBP/NZD: Day-Swingtrade-Execution
Market-Sell-Order: 1,96740
Stop-Loss: 1,98710
Target 1: 1,94770
Target 2: 1,93150
Target 3: 1,91450
Stop-Loss: 197 pips
Risk: 0,5% - 1%
Risk-Reward: 2,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)