Wed 12th October 2022 GBP/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Sell. Enjoy the day all. Cheers. Jim
Gbpnzdshort
GBPNZD - Bearish short and mid term ✅Hello traders!
⁉️This is my analysis on GBPNZD .
Here we can see that price rejected from institutional big figure 2.00000 and broke the market structure, so I expect bearish price action for upcoming weeks to fill the imbalances below.
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GBPNZD SHORT
List of confluences:
1: Trendline breakout on daily chart
2: Rising wedge pattern breakout which signals trend continuation to the downside.
3:Key level breakout on daily chart.
4: Change in market structure from bullish to bearish.
We will be looking to sell this pair as it remains bearish despite BOE attempt to intervene in the weakening of the Pound.
Risk reward currently stands at approximately 9.13 to 1. So we could see a return of between 9.13% to 18.26 for this
particular trade if we risk between 1 - 2 percent of our account per trade.
GBPNZDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
1. Daily Share Analysis Chart
2. Technical Knowledge
3. Fundamental Knowledge
4. Trading Signal
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: Fri 23rd September 2022 GBP/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Sell. Enjoy the day all. Cheers. Jim
⁉️ GBPNZD - Market AnalysisHello traders!
⁉️This is my analysis on GBPNZD .
Here I expect price to retrace a little bit after rejecting from bullish orderblock and I am looking for a short if price fills the imbalance and rejects from bearish orderblock + institutional big figure 1.90000.
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GBPNZD is in possible sell zone!!GBPNZD has formed a very strong textbook bearish engulfed on the 4H timeframe. the price on the daily is highly bearish as well. there back to 2-time liquidity grab means, there is a high probability of dropping after a retest of the previous resistance as support
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GBPNZD (Short to 1.88)Hey traders! Here's another trade idea for the week ahead that we have included in our watchlist.
Fundamentals
GBP: will continue to be weak as recession is forecasted, rising energy prices, household income being squeezed due to rising inflation.
NZD: Not much idea on the current state of the nation but large speculators is starting to build up longs on NZD. It has one of the highest CB rates in the G10FX - recently raised by 50bps (now at 3%)
Technicals
- HTF retest and rejection of 1.915
- Short-term floor creating at 1.904
- Once this breaks, sells are looking good towards 1.88
This is the first chart of the week after a very successful week.
Have a killer trading week.
Cheers
👽🥂
Pound Kiwi Test near Fibo levelHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about GBPNZD
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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GBPNZD short in action 🏃I have an alert for a GBPNZD short.
Reversal trade identified and entered.
Working the 20M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌