Gbpnzdshort
GBPNZD | DOUBLE TOPGBPNZD had given a breakout from the falling trendline, formed a higher high, and retrace back to formed HL.
Recently, it took a hit from the so-called resistance zone forming a double top pattern. (Range Form)
We are expecting the price to trade in a range before giving an upside breakout. Long positions can be taken above the resistance zone.
Manage your trades accordingly.
Best Place To Sell GBP/NZD,Get 300 Pips But After D ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Sell Stop!!This is quite interesting that blue zone is good resistance zone from the daily and weekly and we already saw that strong rejection candle. We should reject the zone again and dip all the way down to 1.9200 zone...or slightly above. So prudent trade would be a sell stop on break of 1.9330. Sell stop makes sure I only get take in when I am right. The R=3.57
GBPNZD - BoE Interest Rate DecisionAs GBP news is coming today and BoE is expected to increase the Interest rate, GBPNZD pair will move massively. Short term interest rates are the primary factor in currency valuation and GBPNZD pair moves around 200 pips always. we can expect a massive movement in this pair. as the Interest rate is expected to be increased, we can assume that GBPNZD will fall down for 200 pips during the news time.
GBPNZD
sells at CMP 1.9340
SL# 1.9440
TP# 1.9140
Gbpnzd short?Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows....
This all gives a high probability for some downside action.
Pls observe good risk management.
GBPNZD Short GBPNZD was moving in an Ascending channel on the H4 time frame and there was break out on the lower trend line, Followed by a retest. We expecting the pair to retest the key level listed on the graph.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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GBPNZD SELL/SHORT TRADE IDEAGBPNZD still currently downtrending, 4H still continues to make lower lows and lower highs.
Although 1H did break to the upside, we failed to create a new high and broke to the downside.
New range was created, fibonacci retracement snipe zone aligns with institutional candle for a mitigation trade.
A POSSIBLE SHORTING OF GN FOR 500 PIPS AND MORE!!!As we are all our approaching tomorrow's RBNZ rate Hike, we are awaiting a possible raise of interest which will in turn spike the new zealand dollar. Teachnically speaking all upsides of GN has failed based on the current theree (3) highs of GN. Expecting Gn to break out of my breakout zone. the possible fall to my target.
NB: blue box: breakoout zone
red box: rejection zone
Jamie Gun2Head: Selling GBPNZDTrade Idea: Selling GBPNZD
Reasoning: Pre-empting the break downwards
Entry Level: 1.9482
Take Profit Level: 1.9334
Stop Loss: 1.9524
Risk/Reward: 3.52:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
GBPNZD | Perspective for the new weekFrom a technical perspective on the daily timeframe; the strong bearish impulse leg will be our yardstick going into the new week as we should be looking forward to the exhaustion of the retracement wave to join the decline.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
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