GN
GBPNZD: “Break & Retest” Setup on “IBM” Buy Stop Entry (33/100)System has identified a “B&R” setup and a sell stop on the break of the inside bar for an entry executed during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GBPNZD 9/10/23British pound to the New Zealand dollar showing us a consistent swing move to the downside which has played out around 4 to five times already before we got to the point we're at now we now have another clean push to the downside with a clear POI and a swing high to match we're now waiting for the formation of our swing low once this is formed we will have a valid range to look for short moves but as we stated at the beginning we have played out swing lows around five times now which means that we are building a significant amount of liquidity to the upside meaning the more we play lower the more likely an expansion to the upside could occur for either a short term or an overall longer term shift.
GBPNZD 10/9/23GN super simple and easy make up here, we are looking for the SWL to be taken out from our open moves, i think we will see this low taken within our Monday session now if we don't take this out it wouldn't be a surprised to run our highs above, now i say this because of the size of the range and the lower level of momentum, but still we have a clear lower range move. sell is our bias and until we have a breach of the range we will stick to this sell bias.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GN UPWARD MOVEMENT FIB38 POSSIBLEFIB38 reversal is looking like a very big possibility after bouncing off my zone a few times, 2 things may happen due to the uncertainty of the war...1 - GN falls further to its long not seen low or it bounces back to the FIB38, whihc is 500 pips away...very slowly but possible.
GN: Further Downside in Store? GN Store Nord - Short Term - We look to Sell at 361.40 (stop at 379.10)
The primary trend remains bearish. Previous support, now becomes resistance at 360.00. 50 1day EMA is at 373.00. Preferred trade is to sell into rallies. Expect trading to remain mixed and volatile.
Our profit targets will be 311.00 and 304.50
Resistance: 360.00 / 380.00 / 420.00
Support: 310.00 / 300.00 / 290.00
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GBPNZDThis will be the last trade of today, a nice 1:3 with fib plays at golden zone, emas lining up well on lower and higher timeframes and additioanlly price is at a supply and demand zone of interest. taking this trade at 1%, with an additional indicator being the overall trend on higher timeframes
GBPNZD - ShortGoood morning ladies & gents,
This trade is a hedge against GBPUSD seeing more weakness. GN has created a Bearish market structure from yesterday where price trapped through Friday's Highs. Price has created a BMS structure followed by a retracement back to the H4 Bearish OB. Looking to sell from here down to the 2nd level of SSL.
I'll be looking to take some partial profits around 1.903 with my final TP @ 1.88650.
Peace and love,
-AmplaFX
GN PLAY - PENGUINS ARE READY FOR 2020:) GBPNZD 1/1/2020
Hello Traders!
We would like to show you a game...
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the pig and thunder signs.
Targets are marked on the chart as a crosshair.
Heart in the box - a place to jump in/out
Sign with exclamation mark - places to be aware of a few different types of reactions from this level
Target sign - the first target to focus on
Thunder sign - spot to react - possible jump to push into reversal
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself cool, whilst not being greedy.
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GOD BLESS U ALL!