Gbpnzdlong
gbp/nzd buyHi traders,
price has now created a double bottom on the Daily time frame, on the 1h we can also see its at bottom of structure. Price action should push to test the top of structure now after a continued bearish movement since 21st Oct.
IF top of structure is broken, price should continue to rise to the 0.5 or 0.618 fib region on the daily
GBPNZD LongGBPNZD market broke a descending triangle up and now it came back to retest the demand zone created while going up ,
from here we expect the pairs to resume it upward movement
GBPNZD - SWING - 17. NOVE. 2020Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Bullish price action with turning candle.
4 HOUR
Overall bearish market turned bullish.
DAILY
Expecting further upside after the current downside trend.
-
FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.92520
SL @ 1.91200
TP @ 1.94410
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
watch list hello team, GBPNZD is looking very promising at the moment. i shall be waiting for price to go above the black line
GBPNZD [1D] Down near strong support 🚩🚩🚩GBPNZD Down near strong support 🚩🚩🚩
Now GBPNZD 1DAY Down near strong support Look on support for entry buy
❌ if break no trade ❌
Resistance ▶ On Channel trend
Support ▶1.904XX
Good Luck
Ton Trader
🙏🙏🙏🙏🙏
GBP NZD buying before breaking resistanceOn DAILY chart, GBPNZD formed a bullish ENGULFING candlestick, shows that the movement is BULLISH for GBPNZD For at least 10 hours from now.
We have no important fundamental news for GBP tomorrow and all effects done by previous news on this chart.
On 4h timeframe a symmetrical pattern happened, which in this case also shows BULLISH breakout.
On the other hand price touched resistance line for structure resistance for 4 times, shows that this time or next movement will 90% break the resistance area and goes for a bullish move,
Because market is so unusual these days, I prefer to risk before breaking the resistance line and i will personally click on buy GBP NZD BEFORE BREAKING AND RETEST.
There is also a double buttom if you see carefully,
Its a nice place for buy j think.
Trade active.
Low rish low reward,
Use proper risk management please.
Like and comment if you agree or not!
GBPNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**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 as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD OLHC (BUY) POSSIBLE MONTHLY STRUCTUREGBPNZD OLHC (BUY) POSSIBLE MONTHLY
Please support this idea with LIKE if you find it useful...
DAILY TIMEFRAME shows price has also not found support. We waiting on priceline to cross above bloodline to
confirm strong support so we buy. My target will be back to the monthly open if price finds support.
Trade with Caution. Wait for valid entries.
P A T I E N C E + D I S C I P L I N E
GBPNZD - Place the buy orderGBPNZD - Plan for buy order
Looking for good position for buy with:
- Stoploss bellow: 1.94546
- Take profit: 1.97358
GBPNZD Buy Idea Seems GBPNZD Have a demand zone that not fulfill in the market. Watch the price action. Enter when it have rejection.
Private Channel for only 5$ / month
📊SNR & SND trader
📈 Naked chart analyst
💰 Risk Management 1:2
💣 100-300pips weekly
📅 1-3 Signals Daily
GBPNZDQuebrou a resistencia, tornando-a num suporte. Testou o topo de uma linha de tendencia, fez o retest no novo suporte e agora a previsão é long com um r/w de 9 para 1.
Long
!! GBPNZD BUY NOW !! Head & Shoulder ♦ Pair : GBPNZD
♦ Vision : We Have Break Out For Trend Line + Head And Shoulder
♦ Signal : BUY
♦ TP : 1.97900
♦ SL : 1.95500
♦ Risk : 5 %
♦ Reward 15%
