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Gbpnzdstrategy

GBP/NZD Breaking OutThis now looks to be breaking above resistance. I said this was happening a couple of days ago but I jumped the gun slightly, hopefully if you opened the trade then you are still in. Now want to see this stabilise above resistance and possibly retrace to test it as support. If you are not in this trade then I suggest waiting for a retrace to support before longing. Could see some resistance at 1.93237, but target is 1.98013 Providing we see this close above resistance and support holding on a retrace then SL can be around 1.90600
Long
by olly48
1
GBPNZD- Patience did pay offWhen we posted our GBPNZD ideas some of you came back to us with negative comments, some even stopped following us 😿 Well we did insist on posting it and it did happen and we had the guts, patience, psychology and risk management working for us in order to get to the profits. Again, technical analysis never lies but you guys need to learn how to TRADE if you will ever be able to use any signals. GBPNZD, you did what you had to do, thank you.
Short
by FX_Professor
6
GBPNZD 300 pips drop was expected Will it broke 1.90000 ?GBPNZD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price around 78.65 Fibonacci 2️⃣Trading within a converging trend lines 3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news 4️⃣ 1.93000 Dynamic support and resistance 5️⃣ 1.98000 acted as strong resistance-Key psychological level 6️⃣ 1.90000 will Acted as strong support 7️⃣ Technical support - bearish 8️⃣1 .90800 will acted as key reversal-bearish 9️⃣ September low-Immediate resistance-Alternative bullish entry 🔟 Possible swing target-1.87400 lower trendline #️⃣ Overall bearish trend-Within converging triangle pattern —————-❇️——————- 📉 Technical bias-H4-Bearish Price is below 50,100,200 Exponential moving average 50,200 Exponential moving average will act as support-Bear Relative strength index - Felled below 50 - Bearish trend MACD -Turned red and felled below the signal line, Oscillators pointing downward Stochastic - Reached around 30- oversold condition will give a short term pull back expected Ichimoku cloud -cloud is still red-Middle line supports bearish trend Bollinger band- Price reached around the lower band-Short term bullish correction towards middle band —————-✳️——————- Key reversal area's 1.98000 psychological level 1.95630 Point of control area Volume analysis 1.98050 Oct month high 1.93100 78.6% Fibonacci retracement level 1.94000 Major psychological level 1.92600 Possible entry- Bear 1.87500 Trendline resistance/Alternative bullish entry —————-✳️——————- Bearish entry #pound #gbpnzd Entry price - 1.92600 Take profit 01 - 1.90800 Take profit 02 - 1.87500 🚫 Stop lose 1.93680 ⬇️2.68% Drop expected ⤴️ Account growth .57: 2.68 ✅ Risk reward ratio 1 : 4.7 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
1
GBPNZD H1. This Analysis Based On Price Action Theory.We Have an Analysis Of GBPNZD H1. This Analysis Based On Price Action Theory. According to Multiple Analysis, We Can See That the Market has a Bullish Direction but the market rejected the price from the resistance level Even those market bullish because the market also retests the trend line so on behalf of this we have a target (resistance) level @1.961470 & @1.969780 For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The all are reflected Market Bullish Pattern I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade. Thanks Regard Enclavefx technical group
by Enclave_fx
1
GBP/NZD short-sell weekly chartGBP/NZD short-sell potential weekly chart overbought levels in rsi, bb, demarker 3:1 risk reward ratio 300 pips vs 900 pips high pennant resistance 2.100/ 2.0500 stop-loss, support low 1.900 target-profit Economic calendar release for NZD RBNZ Interest rate decision 0.25% vs 0.25% and GDP for GBP (QoQ) -2.5% vs 0.0% (YoY) -2.1%vs 1.1% Open Market in monday has potential (DCB) dead cat bounce 2.0420 oversold in demarker 30 mins - 4hr and trend continuation to downwards
by razeswag77