Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.929). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9115). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
Este par lleva una semana en rango después de haber roto su trayectoria bajista, en el gráfico semanal podemos ver que el precio a alcanzado la parte más baja de una tendencia alcista, en el gráfico diario podríamos estar viendo una formación de doble piso dándonos una confirmación de un cambio de tendencia, para poder confirmar tenemos que esperar que el precio...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.91400). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.9315). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0371). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a...
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0485). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPNZD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a...
Sell at market price but if price pulls back to our (2) point then that will be the most ideal entry to then sell GN
TP 1 is at 1.9875
TP 2 is at 1.98247
Move stop loss to break even after 20 pips in profit
The cycle in wave (W) ended at 2.0566 where the 4 hour is turning down. While below the 1.9839 highs where the hourly is turning down the pair can continue lower again to correct the cycle up from the 12/12/2018 lows.
Price bounced back from that 200 ema and found some bottom @1.982XX creating some bullish divergence as we can see on the TDI.
If the price gets to break the 200 ema instead of bounce again, we can expect te price to keep moving up
800ema is a good point to go BE
ADR maxed out and the TL are good exit points
Remember this advice will be useful for you if you are a...
