GBPNZD Short IdeaMy explanation is on the chart!
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Good trading!
Gbpnzdshort
GBPNZD Another sell opportunity 8 March 2020As we on the 4H price make a falling wedges at the top of structure. There's a Short opportunity will appear. Be prepare!
GBPNZD potential bounce!
GBPNZD expected to reverse up to 1st support at 2.03525 where it could potentially react and bounce to its resistance at 1st resistance at 2.04064.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPCAD possible short after ascending channelGBPCAD is now in ascending channel and retesting daily trend line. On 4h timeframe might be also possible descending wedge. After breakout of ascending channel the price should go short.
GBPNZD breakout the uptrend channel!!this analysis related to my previous roadmap on GBPNZD (link attached below!), as we can see that price reacted to the daily resistance level and might have a chance to go lower if seller manage to push the price to the 2.011 support level,.. good luck!
Plan : wait for price to bounce off from resistance level (or retrace) --> 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.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD potential reversal!
GBPNZD expected to rise up to 1st resistance at 2.05006 where it could potentially react off and drop down to 1st support at 2.02305.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD SELL OANDA:GBPNZD SELL from 2.03282
TP1-1.99844
TP2-1.95972
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GBPNZD possbile shortEverything seems to be clear on #GBPNZD.
If the main trendline resists we can go short
GBPNZD playing inside rising wedge pattern!GBPNZD has potential to go down for 450 pips if sellers manage to hold price below its daily resistance level, we are seeing 2.0450 resistance level being retested several times indicate that this level quite strong, I hope that we might see another leg down after the daily candle close. remember always wait for a price retracement for better entry level.... good luck!
**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.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD giving us a SHORT ENTRYAs we can see, the value has retested a point 3 in the downtrend and is now falling without any other retest and in a really hard way, so this is our confirmation to enter in the operation, our first TP could be in the weekly KL and the second one will be in the monthly KL.
long term sell Asian Shares Mostly Lower; Bank of Korea Leaves Policy Rate Unchanged While Aussie Yields Hit Record Lows
In an unexpected move, the Bank of Korea kept its benchmark policy rate unchanged. Central bank policymakers surprised the financial markets by holding the benchmark interest rate at 1.25% when analysts polled by Reuters were expecting a rate cut.
GbpNzd- Next BIG move down?GbpNzd is trading upwards for quite some time and the next 600 pips leg up has formed a nice trading channel.
Usually, channels are reversal patterns and this can be true in this case also.
A clear confirmation that a reversal can take place comes with a break o confluence support at 2.0420-2.0450 zone.
A break of this area could lead to a 400 pips drop to 2.00 figure
Levels of interest are 2.03 and 2.02
GBP/NZD : Strong Sell Time Big Ascending Channel and Double Top Pattern Forming for the drop in downside.
ThankYou
