Gbpnzdshort
GBPNZD has broken below the support going down
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Hi Traders, GBPNZD on the H4 has broken below the support line with a big red candle which suggest the price will go lower however a Pullback might happen at 1.9797 before it goes lower to another major Support around 1.9667
On the H1 we can see that the market has been Bearish for last couple of hours heading down.
⬇️Sell now or Sell at 1.9797
⭕️SL @ 1.9817
✅TP1 @ 1.9701
✅TP2 @ 1.9667
✅TP3 @ 1.9600
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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 (1.9797).
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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.9701
TP2= @ 1.9667
TP3= @ 1.9600
TP4= @ 1.9489
TP5= @ 1.9418
SL: Break Above R3
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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 (1.9797).
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 above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.9701
TP2= @ 1.9667
TP3= @ 1.9600
TP4= @ 1.9489
TP5= @ 1.9418
SL: Break Above R3
❤️ 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 ❤️
GBPNZD short in progress 👍💪Morning traders.
Late last night our GBPNZD strategy presented a short trade.
I automate my trading so only know when looking upon waking up this morning.
Trade is progressing well a few hours in now.
Entry details are shown on the chart.
We're only looking for TP3. Which is 82 pips.
Trade history can be seen below this trade idea too for full transparency.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
time to go downThis is based on assumption that GBP is now out of gas. With many issues within the country, and a hawkish move from the Fed from the US, I do feel the pound recovery is limited hence similar situation to all other GBP pairs. Bear in mind GBPUSD currently is reaching to 0.5 Fib recovery since last week's drop, and the RSI still have room rise higher, so this GBPNZD idea is a risky one. I'm taking a tight SL at 1.994, you can move it to 1.997 if that's more comfortable. GL.
GBP/NZD New Short Setup To Catch More Than 500 Pips !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 Potential To Bearishprice has been touch the very strong weekly resistance area, maybe it will make some spike before begin to go down.
I'd rather to wait the daily candle close, and make sure it will not close above 1.98200.
my target is about 140 pip, according to the fixed range volume indicator..
GBPNZDHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
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.
GBPNZD on resistant zone and will be moving support zone for more tgram bexfolio
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit week guys
GBPNZD - FOREX - 09. JUNE. 2021Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Sideways consolidation..
4 HOUR
Expecting a bearish break this week.
DAILY
Great price action and presure.
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FOREX SETUP
SELL GBPNZD
ENTRY LEVEL @ 1.96640
SL @ 1.97660
TP @ 1.95060
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN