GBP/NZD:UPTREND|FIBO PRICE ACTION ANALYSIS+DIVERGENCES|LONG 🔔Previous Idea in Take profit....
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Gbpnzdlong
GBP_NZD_4H_LongThe long position is taken – 4H -Daily timeframe I checked and last day candle barriers are HL and HH, in 4H also I see the start of a movement from a 4H demand zone, although price broke an ascending channel it was above a fat ascending komu. Also in lower timeframes, I see HL and HH. I enter the long position and the TP is last week High.
R/R = 1:1.1
going back upGBPNZD is dancing at the lower end of uptrend channel at the moment, if no meltdown happens today from the UK data and news, I expect it going back up.
SL: below the trend line, you can move it even lower if equity allows. I believe I've given enough - if it goes lower, loss is acceptable.
TP: Fib based, depending on the news, it can go higher if not going other direction.
GL
gbpnzd longgbpnzd buy :
Reasons :
there are many support levels here,but market is going in a nice upward trend ,but it can retest and we cant be sure at which particular point it does retest,as there are 2 levels ,
so my best guess is that wait for the 2nd retest too and if it doesnt go there then we can place an uptrend
take profit will be the above support level which is gave
GBPNZD TO FINALLY PUSH?We are still waiting patiently, watching the corrective movement of this pair.
Price is still retesting the level and showing bullish signs.
We keep our eyes focused so as to not miss the push when it comes.
With some more rejections at the level, we could see continuation sides to this uptrend.
GBP/NZD Full Analysis And 2 Setups Available In This Video !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD Moving In Our Range And Many Setups Available Here ! This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZDANALYST: AMUN SULED ➖ COMPANY: OCSI CAPITAL MANAGEMENT ➖
IMPORTANT INFORMATION:📌
- ORDER FLOW :
* LSB: breaker retest
* PROJECTED TP :
* PROJECTED SL:
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going back upAn aggressive rise may be seen on Monday or even during the Asia session.
GBPNZD has been going dripping out all its gains having not been able to break 1.996. It's now been dragged down to near the lower end of previously formed uptrend channel
Note: It did break the 100MA on daily, so I don't expect another attempt to 1.996 maybe not even half way (depending on GBP strength). so GL.
GBPNZD Long Position ? 16/7/2021GBPNZD Current Sideway . Long term maybe will change to
Downtrend Due to making Rise Wedge Pattern in weekly .
We will look for Long Position First and Sell at the Resistance . ( Swing Setup )
Entry 1 - 1.9625
Entry 2 - 1.9645
TP 1 - 1.97500
TP 2 - 1.98300
TP 3 - 1.99400
SL - 1.95750
This is not Signal
Thank You
GBPNZD, 1hr tf, buy at 61.8% retracement
Price also dropped for GBPNZD yesterday. We dropped until 61.8% retracement of recent rally. At the same time, there is weekly support around this level so we could say this is an area of confluence support.
Also it appears there is a possibility double bottom pattern forming. We could see some rally to the upside if this pattern play out.
Buy GBPNZD 1.9700
Stop loss 1.9630
Take profit 1.9910 (3R)
Use only 1-2% risk
Good luck
GBPNZDHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPNZD buy chance with inverse head and shoulder
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys