New GBPNZDprice make a broadening wedge pattern, and the last structure price made an uptrend but already breakout, it will be going down and break out the support or going down for bouncing back to the uptrend.
Gbpnzdshort
GBPNZD Will Go Down! Sell!#GBPNZD H4 Time Frame
Here Is The Bear Flag Pattern Break Out
Now We Are Looking More Down Before Going Up
GBPNZD Price has reached the support zone, but failed to break through it. The next point price will retrace to is resistance before giving us a clear sell.
GBPNZD DAILY TIMEFRAME ANALYSIS SELLWe consider selling this GBPNZD pair because of a strong resistance above. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBP/NZD SELL OPPOTUNITY VIEW NOW......
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reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
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GBPNZD - Bearish BiasGBP - Weak Bearish
1️⃣ The number of daily COVID-19 cases in the UK increased by 32,181, while the number of deaths increased by 50 people.
2️⃣ Former Democratic Union Party (DUP) leader Arlene Foster has raised concerns of irreparable damage due to the deadlock over the Northern Ireland (NI) protocol.
NZD - Strong Bullish
1️⃣ Positive sentiment in the market supports the strength of high-beta currencies such as the NZD.
2️⃣ New Zealand retail sales rose 3.3% in the second quarter, following a 2.5% increase in the previous period.
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Technical
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We are selling the GBPNZD after the price has break previous support.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
GBPNZD For A SellGBPNZD looking at a push back to the consolidation phase striking the smart money area then crashing back to the liquidity of the low
nothing complicated just simple bias on structure
what are your thoughts.........?
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9676).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.9571
TP2= @ 1.9471
TP3= @ 1.9327
TP4= @ 1.9171
TP5= @ 1.9004
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9676).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.9571
TP2= @ 1.9471
TP3= @ 1.9327
TP4= @ 1.9171
TP5= @ 1.9004
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
INCREASINGLY BEARISH!!!Now let's talk about this beauty, i take trends very seriously. However, a break of such is one of my favorites and how could I turn a blind eye on this babe?
First, let's take note of the quad top, denoting the lack of strength to breakout to the upside and continue with it's multiple week long trend.
Secondly, please note the range this was trading in and how it was violated in one day, with which the range has been broken provides weakness and uncertainty for longs.
Lastly, it's a long way before there's reasonable support making this risk to reward more tasteful.
Extras, if you're going to take this trend wait for a possible retest of support area and if it doesn't reject do not short!! .
Regards,
GBPNZD UPDATERaising wedge form, possible reversal, wait for the price break the minor trendline, major trendline and market structure.
GBPNZD SHORT SELLGBPZND We have a short sell to complete the trend down.
follow us to get more lessons and signals everyday.
GBPNZDno signal and dont trade please with my analysis
i think come down and take time to go up
and i see bull market
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 .
If you like my analysis & brief give it a thumbs up.
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......
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
GBPNZD SELLMarket Updates, Analysis, Forecast and Trading Ideas
Risk warning:
We are talking about Future Markets, Anything can happen, Markets are always like that. Don't risk more than 1% of your Account
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.
Please like and share for more useful content:
GBPNZD Break the trendline.GBPNZD Break the trendline on 4 hour chart, bearish engulfing perform, be careful of the retest correction, make sure you have more space for the stop level area.
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!
