GBPNZD trade updateHi everyone and welcome back to my GBPNZD trade update.
In this video I go over the positions we took on the market, the results of our areas of interest, as well as providing you areas in the market to pay attention too and what exactly it is I am seeing to give me this bias!
If you enjoy the content give it a like, follow me for more trade ideas and if you agree or disagree with the set up let me know in the comments below!
In total we achieved close to 400 pips from my analysis breakdown
Have a great day!
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Gbpnzdshort
GBP/NZD SELL SIGNAL Hey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
GBP/NZD: Daytrade-Preparation
Market-Sell: 2,06850
Stop-Loss: 2,07500
Target 1: 2,06270
Target 2: 2,05800
Target 3: 2,05250
Stop-Loss: 65 pips
Risk: 1%
Risk-Reward: 2,50
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Peace and good trades
Irasor
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GBPNZD, 1W, ShortHi Traders
What we're seeing in GBPNZD is the break of an older trendline, one that's held for a good few months.
However, as it's wedging, it's time for out with the old and in with the new.
SO, what do we say??
GBPNZD is now bearish, I am looking for a downward push to 1.95, then a possibility of a retrace to 2.06 before another large drop.
However, that's a bridge we'll cross when we get there. But I am confident of a bearish push, down to 1.95.
Please share your views, like and comment and even give me a follow :)
Thanks, Roo.
Please note, I am not a professional trader and do not control the market. These are simple ideas based on what I see and what I have learnt. Please be patient and react to the market, do not try to act for it. Risk is on you if you choose to follow as I cannot be responsible for your Forex account.
Analysis Breakdown for GBPNZDHi everyone and welcome back to another trade idea for GBPNZD.
In this video I discuss a possible swing trade to the downside, as well as providing you areas in the market to pay attention too and what exactly it is I am seeing to give me this bias!
If you enjoy the content give it a like, follow me for more trade ideas and if you agree or disagree with the set up let me know in the comments below!
Have a great day!
And if you want more educational content please follow my instagram @jamessforex :)
GBPNZD ShortI expect gbpnzd to pull back to the 0.236 fib area which will also be testing the daily uptrend, the 100D EMA and key support area.
You can also see a double top highlighted on the chart
Then ill wait to see if it respects the uptrend for 4th time or look for short positions if trend is broken, retested and bearish engulfing candle
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 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 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 may fall today vey stronglyGBPNZD is looking for long sell due to lot of sell pressure building from few days.our strong sell are begins from 2.05400.Our 1st sell target will be 2.04300 which is highly possible to be achieved while after little retracement as metioned in chart analysis,it may goes for 2nd target which will be 2.03400.