GBPNZD Ready to Sell? R:R 1:8This is for Long Term.
And this is risky too.
Please DYOR before entering the trade.
Gbpnzdsell
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9676).
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 a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.9571
TP2= @ 1.9471
TP3= @ 1.9327
TP4= @ 1.9171
TP5= @ 1.9004
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9751).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 40.
Take Profits:
TP1= @ 1.9666
TP2= @ 1.9606
TP3= @ 1.9527
TP4= @ 1.9473
TP5= @ 1.9419
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.9797).
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 a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.9701
TP2= @ 1.9667
TP3= @ 1.9600
TP4= @ 1.9489
TP5= @ 1.9418
SL: Break Above R3
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
