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Motivation

Gbpnzd Short BiasHello Everyone! This is GBPNZD weekly short bias analysis. On left side we have really weak area of previous demand which is circuled. Now price just droping brutually and creating supply imbalances. On lower timeframes we always take trades because price has already gone from the good entry point. Now one should enter with lowertime frames levels. Always trade zone to zone. Let it go to monthly demand area which is rectangled with blue down there. so short bias on gbpnzd. Happy Trading.
Short
by saqibrajaforexgroup
infinity trades nzd/jpySimple continuation of the h4 bullish structure. After respecting a sig level @76.33 we can see a profit take occur which has caused a short term snap back to our potential entry price @75.60 we will asses price action at this price and anticipate buying pressure being added on the basis of the ascending trend level being re tested this will give us confidence in a bullish market. We have chosen the 76.33 price for our first target for same reasons as explained above our technical target is @78.00 handle the stop loss for this trade is sitting below the last swing low also below a natural price of S/R.
Long
by b12345678910
Pullbacks in Tradingin trading you will see this patterns over and over again this is how the market works. Don’t let pullbacks scare you a pullback needs to happen in order for price to continue its movement. If you see below on the chart if you have bought all the way down you could have got all that move up without being scared of pullbacks because you know and you are confident in your trading think like that and you will go far in the market. This is a a very effective way of understanding where the market is going. Only way a pullback can really damage this chart is if it breaks your buy position which it would have been all the way down from the first pullback. Good luck in your trading.
Education
by AlexisMixail
AUDNZD multiple trading opportunities with great reward.AUDNZD broke ascending trendline support and bounced off of what it looks like descending channel (pink lines) which means that there is very good chance that the price will try to reach the top of the descending channel. If this is the case then we have multiple opportunities to get involved in the bull run. The more conservative approach would be idea A) if the price comes back to test the low of the channel or B) if the price breaks the ascending trendline (purple line) and bounce off of it. In the short term we could trade short pullback to the descending channel following the A idea.
Long
by KosmoFX
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