Gbpnzdshort
forex | GBPNZD multi timeframe analysis - long term sell tradelearn how to trade support and resistance with psychology trading areas
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starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance strategy.
moving down to the weekly chart, which confirms the support and resistance area. the daily chart we are in a clear uptrend so searching for selling opportunities is so risky right now.
so we have to align our analysis with the COT report and draw an uptrend in a smaller time frame like 4hr chart and waiting for a break-out
then we start selling with low risk.
forex | GBPNZD multi timeframe analysis - long term sell tradelearn how to trade support and resistance with psychology trading areas
________________________________
starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance strategy.
moving down to the weekly chart, which confirms the support and resistance area. the daily chart we are in a clear uptrend so searching for selling opportunities is so risky right now.
so we have to align our analysis with the COT report and draw an uptrend in a smaller time frame like 4hr chart and waiting for a break-out
then we start selling with low risk.
SELL IDEA Hello team, price has rejected off supply and we looking for a short to a key level using our rule based strategy and good risk to reward.
GBP/NZD SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
GBP/NZD: Daytrade-Execution
Market-Sell-Order: 1.95740
Stop-Loss: 1.96310
Point of risk-reduction: 1.95260
Take-Profit: 1.94390
Stop-Loss: 56 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Gbpnzd Technical analysis Gbpnzd Technical analysis
we see a bearish momentum and if you see price break resistance area and then come down reason orders price pick orders and fall
GBPNZD SHORTS updateA lot has happened since I posted GBPNZD long term shorts, price has broken back into the ascending channel and is now in it's correction phase, in the form of a flag, This could potentially be another chance to get in on the shorts, with a small ascending channel at the top of the flag, we could potentially see it's completion and another move to the downside.
GBPNZDHello Guys 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 moving t the support area after rejection from the resistant zone , lets watch sell the chance together
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 Will Go Down! Sell!#GBPNZD bounced off strong horizontal support
Just as I predicted in my previous analysis
Now the pair is retesting the horizontal resistance
Which naturally makes us bearish, at least locally
And I am expecting a pullback from the level
Sell!
GBPNZD is facing bearish pressure | 10 May 2021Prices are facing bearish pressure from horizontal swing high resistance, in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support which coincides with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. If prices push up further, prices might face resistance from horizontal pullback resistance in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement. Stochastics is facing resistance from 90.29 level, potential for further downside.
GBPNZD is facing bearish pressure | 10 May 2021Prices are facing bearish pressure from horizontal swing high resistance, in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support which coincides with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. If prices push up further, prices might face resistance from horizontal pullback resistance in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement. Stochastics is facing resistance from 90.29 level, potential for further downside.
GBPNZD facing bearish pressure, potential for further downside!Prices are facing bearish pressure from horizontal swing high resistance, in line with 127.2% Fibonacci retracement and 127.2% Fibonacci extension. Prices might push down towards 1st support in line with horizontal swing low support which coincides with 61.8% Fibonacci retracement and 61.8% Fibonacci extension. If prices push up further, prices might face resistance from horizontal pullback resistance in line with 61.8% Fibonacci extension and 61.8% Fibonacci retracement. Stochastics is facing resistance from 90.29 level, potential for further downside.
GBPNZD is facing bearish pressure | 07 May 2021Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as well as -27.2% Fibonacci retracement . If prices push up further, prices might face resistance from 50% Fibonacci retracement and 161.8% Fibonacci extension . Ichimoku cloud is also above prices, showing a bearish pressure for prices.
GBPNZD is facing bearish pressure | 07 May 2021Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as well as -27.2% Fibonacci retracement. If prices push up further, prices might face resistance from 50% Fibonacci retracement and 161.8% Fibonacci extension. Ichimoku cloud is also above prices, showing a bearish pressure for prices.
GBPNZD Idea.G'day Guys
Here my analysis on GBPNZD.
Am expecting for the whole week this pair gonna significantly bearish. As recent announcement on NZD was strengthen their currency.
My idea today is scalping on price action on smaller time frame either sell or buy.
Let's see the projection for this week.
Cheers.
GBP/NZD Neutral?Hi guys i am trying to get some input from other people. What do you think will happen? Personally i think that GBP/NZD is going to drop because it is in a big downward channel and could not hold on to the smaller upward channel.
GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level.
I am currently looking for a break out and retest out of my Asian box.
Expecting a move around 3:30am or at 4:30am est.
My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation.
If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply.
Trade at your own risk. Have A Good Trading Day!
GBPNZD facing bearish pressure, potential for further drop!Price is facing bearish pressure as it continues to hold below the Ichimoku cloud and descending trendline resistance, in line with our bearish bias. We could potentially see price approach our 1st resistance, in line with 50% Fibonacci retracement, 100% Fibonacci extension and horizontal swing high resistance, where we might see a reversal and further drop towards 1st support, in line with 50%, 78.6% Fibonacci extension and horizontal swing low support.
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