Gbpnzdsetup
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
GBP/NZD Update +150 Pips GBP/NZD Update +150 Pips You Can Add Another Position After Close Above Our Res Level 1.95550 And Have A Confirmations
GBPNZD Price At daily supportwatching closely here for reversal any big candle open here is a really good option for long
wait for daily candle to close above and than make move
overall staying bullish here
GBPNZD possible sellLook for the retracement to 61.8 or 50,
Confirm sell on PA.
Use proper SL,
Good luck!
Double Top | GBPNZDWaiting for the Daily Support to break to the down side
Currently acting as a Double Top on Daily
Long
GBPNZD may fall today vey stronglyGBPNZD is looking for long sell due to lot of sell pressure building from few days.our strong sell are begins from 2.05400.Our 1st sell target will be 2.04300 which is highly possible to be achieved while after little retracement as metioned in chart analysis,it may goes for 2nd target which will be 2.03400.
GBPNZD- Respecting minor trendline as we look for sells to short
- If it breaks the trendline we go long
Perfect short setup for GBPNZDPerfect Elliot wave setup on #GBPNZD.
Let point 4 be confirmed to wait for a big short from 2.01 which is:
- High Impulse level
- 61% Fibo
- Point 5
TP1 is point 4 at 1.97
TP2 is point 0 at 1.94
GBPNZD MARKET STRUCTURE + ELLIOT WAVE SUGGESTING A SELL-OFFThe market structure of GBPNZD shows how the price breakout of major ascending trendline and support zone. Price is currently retesting the broken levels that lined up with a descending trendline. Price has the potential to decline from or near the current market price.
Elliot wave also shows a series of 1-2, (i)-(ii) sequence which could mean a rapid sell-off should be expected.
What's your thought on GBPNZD?
Best of luck on the chart!
Veejahbee.
