Gbpnzdsell
GBPNZD, 4hr timeframe, Sell on retest of resistance areaHello my friends,
GBPNZD currently very interesting as price broken below the short term trend line.
Also noticed that the last 2 candles on this chart looks like a bearish pinbar / shooting star candle.
I tried selling GBPNZD on the retest of broken zone of previous double top pattern.
Sell GBPNZD 1.9960
Stop loss 2.0035
Take profit 1 @ 1.9860
Take profit 2 @ 1.9770
Use proper risk management
Only risk 1-2% of your equity
Moved SL to entry once price touched TP1
Good luck
GBP/NZD Technical Analysis
The counter has formed a topping out formation in the near-term.
It made a double top and has broken a key support level of 1.99508.
Further, the round number of 2.00 can act as a psychological barrier in the near-term.
Though a pullback to the top cannot be ruled out, we still expect the pair to be bearish in the near-term.
GBPNZD ANALYSISPRICE SHOWED A FAKEOUT THEN THE REAL PUSH OCCURED AND FORMED A DOUBLE BOTTOM. THE PRICE MAY GO BACK INTO CONSOLIDATION.
GBPNZD - SWING - 15. JULY. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Very bearish break below main sr level.
4 HOUR
Expecting more bearish pressure!
DAILY
Good short entries following volatility pressure.
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.91630
SL @ 1.92370
TP @ 1.90470
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
NZD May Have The Juice Over The GBPFrom where price is, if the price can stay below 1.92905, based on today's candle closure, price could drop back down to the previous lower low and 1.89471 and create a new lower low.
This is the potential of trading a pair that is in a strong downtrend. My educational entertaining advice, wait until today's candle closure to lead you into the trade. Don't trade against this trend until it tells you its time to.
GBPNZD and Sell Area (7/7/2020)Sell limit
1.91515
SL at 1.91955
TP1 at 1.91035
TP2 at 1.90585
TP3 at 1.90200
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
GBPNZD SELL OPTION FOR SWING TRADE.GBPNZD SELL OPTION FOR SWING TRADE.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBPNZD and Sell Area (1/7/2020)Sell limit
1.93000
SL at 1.93550
TP1 at 1.92500
TP2 at 1.92050
TP3 at 1.91370
Feel free to share my setup..
GBPNZD and Sell Area (30/6/2020)Sell limit
1.92870
SL at 1.93535
TP1 at 1.92250 (Trailing Stop)
TP2 at 1.91630
Feel free to share my setup..
GBPNZD - BUYPrice is now in an uptrend, it has broken resitance but is currently retracing. Once a price is moving up again we will look for buys
GBP/NZD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Market Sell: 1,94500
Stop-Loss: 1,95200
Target 1: 1,93860
Target 2: 1,93270
Target 3: 1,92900
Stop-Loss: 70 pips
Risk: 1%
Ris-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
GBP/NZD New Short Setup To Catch 350 Pips GBP/NZD New Short Setup To Catch 350 Pips
1- Broken Up Trend Line
2- Major Level Of Res 1.95500
