GBPNZD SELL. Please check previous post to see details.Refer to the previous post.
Do not risk more than you can lose.
Gbpnzdshort
GBPNZD - SWING - 01. FEBR. 2021Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Very bearish price action and pressure.
4 HOUR
Market forming a d-top, expecting more downside.
DAILY
Overall sideways moving structure..
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.90870
SL @ 1.91840
TP @ 1.89540
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPNZD / SHORTPrice appears to be retesting resistance, once price enters that zone i will be looking to short this pair
GBPNZD Short (Sell) Trade Setup IdeaWe look at price action as it gets into this sell zone for any signals of a potential reversal.
Bearish Crab PatternGBPNZD BEARISH CRAB PATTERN
Market Sell Order Set Up.
Sell Entry: (1.91222)
Min Take-Profit: (1.90577)
Max Take-Profit: (1.90055)
Stop-Loss: (1.91975)
Max Risk-Reward: (1.55)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPNZD Short (Sell) Trade Setup IdeaGBPNZD is quite interesting as there is no strong structure levels before 1.87. There was a support ledge which has failed to hold and we can now see price failing to the downside.
Wave CorrectionGBPNZD WAVE CORRECTION
Market Sell Order Set Up.
Sell Entry: (1.90687)
Min Take-Profit: (1.89239)
Max Take-Profit: (1.88319)
Stop-Loss: (1.92141)
Max Risk-Reward: (1.63)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPNZD-- Lets Going Buy __ Don't Miss ThisDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
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GBPNZD flag formation. Huge profit opportunity coming!Price reach an important level and went bearish before forming this flag. Will the reversal be long or short? Either way, wait for breakout and get huge profits!
GBPNZD Short Trade IdeaHey traders, here is the analysis for the GBPNZD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
GBPNZD short trade ideaPlan : wait for the price to bounce off from trendline or resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD has possibility to reverse the trendGBPNZD has possibility to reverse the trend
GBPNZD made a very nice upward trend on H1.
Last week, however, it broke the support and we see that at the moment there is no strength to continue.
This allows to reverse the trend and search for short positions.
For this purpose, however, we must see confirmation of the reversal with a break of the previous bottom.
If we see a break we can expect to reach 1.8837 and 1.8682!
Pre-entry is not recommended!
If you have questions about how to trade this or another situation, contact us!
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Sell Signal: 1.9023Range reversal trade to the downside looking for price to head back down to range lows at 1.8523. Stop at 1.9240.
Rate of change (22 days) is starting to turn negative and my bet is that risk on currencies like NZD remain strong especially in pro inflation environments.
GBPNZD 15M TimeFrame Powerful ForecastAs we can see we are inside a consolidation zone. Inside in this area we have noticed that we have formed a strong trendline that represents support, and we have broken this support after 7 hours of trying.
Now we will wait for the retest of this Support which is now resistance and again the Bearish movement until the touch of our Target.
GBPNZD.. decline to continue 25 Jan 2021The area around 1.900 has been significant recently, having acted both as support and resistance. Despite several days of trying to make some significant gains, we are still at 1.9035 region.
In accordance with the prevailing bearish trend, I am interested to take a short. I will place a pending entry below Thu low with my stop above its high.
My initial target would be just above the next major support at 1.8635, if achieved would yield 2.6R. Monitoring PA at such time may provide the opportunity for a second target much lower.
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As always, please use sound money and risk management in all your trades.
GBPNZD Elliot wave forecast Welcome to GBPNZD Chart.
After (1) to (5) a nice impulse move we may see a correction of the GBPNZD price.
Set your stop loss above the Resistance area i prefer 1.935070 and set your first take profit on 1.90000.
Thank you and trade safe
GBPNZD: Sell OpportunityGBPNZD is in a Sell Zone.
Today there's a good opportunity for a Short Trade.
Enter on Retracement (Limit Order)
GBPNZD: It's time to BREAK the ASCENDING CHANNEL!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/NZD
⚪ Technical Analysis :
In the weekly time frame, since November 2016, the price has been following a long uptrend, bouncing many times on its dynamic support trendline.
In November 2020, it broke the trendline for the first time and it's currently retesting the same level.
In the daily time frame, since March 2020, the price has been following a clear descending triangle pattern, getting few rejections on its dynamic resistance.
It is currently retesting the same level.
In the h4 time frame, on the 6th of January, the price got a strong positive impulse, moving up with a clear uptrend until the main trendline, breaking through an important S/R zone at about 1.89133.
It has currently got a rejection on the main trend line and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
Since many days ago, the price has been following a long and strong ascending channel, but now that it reached an important trendline, I'm confident to see the price falling down as a trend correction until the next support zone at about 1.89162.
Once the price will eventually break and retest the current S/R level, I'll plan my short position on this trade.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPNZD SHORTLooking to go short on GBPNZD lot of confluence on the trade
1) Sitting on my institutional level 1.9150
2) Making a trendline rule i use in taking trade
3)The market is in overall downtrend
But i am still waiting for candlesticks formation to hop on this if there is no candlestick confirmation then am not taking the trade
GBPNZD 3rd TL TEST As we can see upper trendline channel, resistence level etc. so we are expecting a reversal near resistence.
