GBP/NZD 1 HR (SHORT)GBP/NZD looking to test key level and continue in the downward trend, breaking support too.
Gbpnzdshort
GBPNZD IS BELOW THE KEY LEVELHello, here is my analysis for GBPNZD .
IF YOU NEED MORE UPDATE YOU CAN FOLLOW US.
Let me know in the comment section if you guys have any questions. If you like my analysis please hit like. Thanks.
GBPNZD SELL LIMITGBPNZD as GBPAUD are both in bearish trend, DON'T FORGET THAT! Don't buy, just let price reach our area. Use risk management.
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 and Sell Area (8 Jun 2020)We have GBPNZD in Down Trend.
Here is my setup:
SELL LIMIT
SL at 1.97380
TP1 at 1.95510
TP2 at 1.94370
TP3 at 1.92700
TP4 at 1.91300
Have a safe trade, bro..!
'Negeri di Atas Awan'
A BREAKDOWN OF OUR GBPNZD TRADE Hi Guys, before you watch the video, look at the analysis i have attached below for reference about what i cover in the video.
If you have any questions,do drop them in the comments below or message me.
GBNZD: below 1.94456, we go for 2,500 pipsif support at 1.94456 is broken, short the pair.
please archiving the 2,500 pips may not be aggressive.
expanded flat expected
GBPNZD - Long then SHORTPair: FX:GBPNZD
Bias: Long then big ol'short
Looking at the daily we can see we are at a strong support zone here, could see a potential bounce before a LARGE push down to previous low.
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.
GBPNZD H1 SHORT PRICE ACTION FORECASTWith price action trading within a rising channel under bearish pressure, the high probability of a breakout under seller pressure is more likely. With a sell-stop entry to get into the trade will do the work in case the breakout happens.
In H1 is noted the strong double top formed by the price action, together with a bearish MACD, to give some support to the bearishness into the British pound.
S/L: 100 pips R:R | 1:3 T/P is aimed towards a previous support level form D1.
GBPNZD possible sellLook for the retracement to 61.8 or 50,
Confirm sell on PA.
Use proper SL,
Good luck!
GBPNZD Breaks Channel ShortIn a previous Trade Idea I predicted that GBPNZD would break out of channel long. GBPNZD broke the channel short to continue long term down trend. If the bottom of the channel turns into resistance, GBPNZD will likely continue south down to the next major S/R zone. You can see full analyses for the original GBPNZD Long break out
On the first bearish candle after the channel rejection enter a Sell Stop a few pips under the bearish candle. Stop loss would be above the bearish candle for the tightest stop loss. For a more flexible Stop Loss you can put the stop loss inside the channel. Use your trading plan for take profit.
#GBPNZD - Short after the breakWaiting for a strong break to the downside.
Once it has been confirmed I will be looking to open a short position.
GBPNZD- Bearish Opportunity On Retest of Descending Channel-Good sell opportunity on the rest of the descending channel which is in line with the 38.2 fib level which adds confluence that price could rest from that level.
- The Ema's are above price which indicates bearish momentum of the pair.
- Wait until price has reached the significant level and look for a strong bearish candle to sell this pair.
GBPNZD - Descending Channel / 4 HourDescending channel, price action currently testing support. Will set alerts to catch a bounce or break to the downside.
