GBP/NZD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Market Sell: 1,94500
Stop-Loss: 1,95200
Target 1: 1,93860
Target 2: 1,93270
Target 3: 1,92900
Stop-Loss: 70 pips
Risk: 1%
Ris-Reward: 2,30
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Peace and good trades
Irasor
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Gbpnzdshort
GBP/NZD: GOOD BEARISH SIGNALSHello Traders!
- MACD looks very pessimistic -> STRONG BEARISH MOMENTUM
- RSI is NOT OVERSOLD and it is DESCENDENT
High probability of breaking out from the support and going down until the historical support! GO SHORT when the support breaks. Watch out for possible false breakout!!!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
GBPNZD H1 ANALYSISHello traders, we currently have a short setup for GBPNZD on the H1 timeframe. Price is respecting many confluence areas, allowing a good probability setup to go short. If you are in this trade, or if you are not in this trade let's discuss why and why not in the comments section below. I will be giving real time updates on my trades as it progresses. If you feel like you're learning, please give us a follow and like the post to help others like you also learn in the forex markets. Study hard!
*Disclaimer*: This trade analysis was conducted by myself and is by no means a trade signal. This trade analysis is based off my opinions and is by no means indicative of future price action.