Gbpnzdshort
GBPNZD Weekly TF 04/02/2021in this analysis we are focusing on a very long term position which can be kept opened for a year and half or more,
we have a simple descending channel and a Fibonacci projection which is having confluences between the parallels leg and lower bound of the channel
we have specified the 1 TP as the ATL and it can be achieved probably by mid or end of 2021
and the 2 TP can be for 2022
there is a Green TP zone which should be traded very carefully, we should reanalyze the market when the price had fall to the zoon or 127% of Fibonacci projection
GBPNZD analysis for short 1.9120gbpnzd inside bar , professionals reducing long in gbp, 1.9225 support need to break for further weakness. 1.9330 & 1.9380 supply zone for short.
GBPNZD - SWING - 15. MAR. 2021Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish reaction and price action,
4 HOUR
Overall bearish market structure!
DAILY
Sideways consolidating market, looking for a downside break.
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.93800
SL @ 1.94540
TP @ 1.92790
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
GBPNZD - SWING - 11. MAR. 2021Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bearish market structure and price action.
4 HOUR
Closure below main sr level.
DAILY
Overall looking like a bearish turning market.
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.93180
SL @ 1.94030
TP @ 1.91310
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
GBPNZD - Breakout TrapPlease be cautious when trading the head and shoulders breakout on this pair as it could result in a reversal. If the breakout is confirmed then look to continue buying but if the price shows signs of closing back below the arrow marked then get out because this could drop aggressively.
GBP/NZD 4H Analysis.Nice rejection on the 4H and 1D timeframe. My TP is at the previous support and SL is a bit above the resistance.
OPINION ON GBPNZDGBPNZD POSSIBLE SHORT. INITIAL TARGET AS SHOWN BUT WILL TAKE PARTIALS IF TRADE PLAYS OUT.
GBP/NZD Short idea.Quite strong support and resistance playing out on GBP/NZD. I will be taking it to the previous support and will be looking on from there. My take profit is 1.89265 and stop loss is 1.913122. Good luck!
GBP/NZD GOING SHORT AT 1.92608GBP/NZD price currently break through the pervious support zone , waiting for retest @ 1.92608
GBPNZD - SELL potential FLAT Flag pattern (continuation)
Waiting for a breakout
SELL STOP
SELL STOP @1.89569
SL: 1.90038 (47pips)
TP: 1.86291 (327.5pips)
RRR- 1:6.98
Use correct risk management
GBPNZD POSSİBLE SHORT BULLİSH Hello traders, I hope everyone has a nice trading week. I would like to share one my possible short term bullish scenario for GBPNZD .Please support this idea with like If you find it useful.
We almost reach the strong support-demand zone; When it test this zone, It's possible jump to the upside. We just need to see nice rejection, looking for bullish candlesticks .
The information given is not a financial advice. Remember this analysis is not %100 accurate. To make decision please follow your own thoughts.
GBPNZD SHORTAgain a short location in GBPNZD is clearly set. An instantaneous crash will occur at 100pip. However, breaking the 200 MA, GBPNZD was on its way to the next support zone at the moment.
GBPNZD Seem BearishGBPNZD Seem Bearish. Broke the support below and next target would be at level 1.91086 .
GBPNZD - SELL potential Daily: Bearish engulfing candle after upper trendline line touch
Price is in an ascending channel
Overall trend = downtrend
4hrs:
LTF correction towards the upper trendline line, Indicating us that price could reject the upper trendline and move to the downside
Price broke out of the LTF correction, need to wait for a correction before an entry
Need to wait for a pullback
1hrs:
Possible Head and shoulders pattern forming
GBPNZD short positionone of my favorite pairs, I have entered on 1.93340 and another one on my gold zone, and I'm aiming for 200 pips at least because we have many confirmations shows that it's. going down
GBPNZD / STRUCTURE BREAK / DAILY BEARISH ENGULFINGLooks like we're going down, just waiting on a pullback
GBPNZD Long-term Bearish SetupHi Traders!
GBPNZD has been trading a corrective channel for about two months. The pattern within the channel is unfolded as a double zigzag pattern. According to Elliot Wave theory, once a correction is completed the price will resume in the direction of the dominant trend. It's bearish in the GBPNZD case.
Another technical analysis that's supporting bearish reversal is the rejection of the 200 EMA and long-term descending trendline.
The breach of the 1.91653 key level will confirm the correction is completed and the price has resumed the downtrend.
What's your view on GBPNZD? Let me know in the comment.
Thanks,
Veejahbee.
GBPNZD shortGBPNZD short due the long term resistance. Solely my own opinion, I am not a pro in this field just a student.
