Gbpnzdshort
GBPNZD 4HGreat British Pound (GBP) / New Zealand Dollar (NZD)
4H Time Frame
SELL OPPORTUNITY
TP1 - 1.98000
TP2 - 1.97500
TP3 - 1.97000
According to my analysis GBPNZD is moving bearish down towards the 1.196500 point.
I will be doing a update on this analysis tomorrow .
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If you have any questions please feel free to leave a comment below or send me a direct message.
THE CRYPTO PLANET
GBP/NZD SELL OPPOTUNITY VIEW NOW......
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GBPNZD SHORTAs we can see , there was a Breakout from the lower trend line, plus a small rest, we expecting the market to re-test the levels listed in the chart before an uptrend to re-test the lower trend line.
We taking this trade based on technical analysis and Pivot Points.
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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Sell GBPNZD with downtrend structureH1 time frame.
Structure: Downtrend confirmed.
Break out uptrend of higher timer frame and retracement.
Target is next support at 1.96200
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Wish you all have a good trading day!
GBP/NZD_1H_ShortShort position taken – 1H - Although in bigger timeframes the trend was bullish but it showed weakness and cannot pass the last week high and reverse from it. In 1H timeframe, it broke the last low (1.96205) which created last high and also it passed the ascending komu. I entered the short position and the TP is last week low.
R/R = 1:2.07
gbpnzd longgbpnzd buy :
Reasons :
there are many support levels here,but market is going in a nice upward trend ,but it can retest and we cant be sure at which particular point it does retest,as there are 2 levels ,
so my best guess is that wait for the 2nd retest too and if it doesnt go there then we can place an uptrend
take profit will be the above support level which is gave
GBPNZD TO FINALLY PUSH?We are still waiting patiently, watching the corrective movement of this pair.
Price is still retesting the level and showing bullish signs.
We keep our eyes focused so as to not miss the push when it comes.
With some more rejections at the level, we could see continuation sides to this uptrend.
GBP/NZD Full Analysis And 2 Setups Available In This Video !This 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
GBPNZD Make Rise Wedge Pattern. Potential to Short Position ?GBPNZD Long Term Uptrend . But in Weekly TimeFrame make Rising Wedges Pattern
Mean we only look for Short Position
Entry Position - 1.99300 -1.99700
TP 1 - 1.95000
TP 2 - 1.92500
IF Price Break 1.90000 , Maybe GBPNZD will make new
Trend which is Downtrend .
There might change Price will Break below
after Price Hit TP 2.
For my Note , Not a Signal .
Thank YOu