GBPNZD trade ideas

joelkurien Updated 

Still looking for a Long on GN Adding a layer of Long position from the retracement level. may price will shoot up without making a double bottom pattern. Use proper risk management. Thank you

joelkurien

As we discussed in last analysis of GN, Price entered into the support zone and making double bottom on Support zone. TP's: 1) 1.91705, 2) 1.93452, 3) 1.97309 SL: 1.86210 Use proper risk management. Thank you

joelkurien

Possibility of making double bottom pattern in 4H chart. double bottom is possible on strong support zone in daily chart. use proper risk management. Thank you

ForecastCity_ME

Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.9307). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...

ZoneTrady

GBP- NZD is in a consolidation zone right now . The chart is 5 minute timeframe. When it broke up or down, wait for the pullback using smoothed Heiken Ashi .

SureshDooly Updated 

GBPNZD -LONG setup. GBPNZD reaches the perfect DAILY support. Most probably next 2 weeks, this currency pair will be in an uptrend for the next two weeks!

iwynne

Reasons for the trade: 1. BROKE OUT OF THE DAILY TRENDLINE ( market reversal) 2. Created a new lower High 3. Major rejection in the area on the Weekly Timeframe ( a lot of wicks on top of candles on the weekly) 4. Wait for pullback and rejection on lower timeframe to enter position

SS5554 Updated 

looking for bull flag manage risk and trade accordingly

Mavlesagan

A Pattern similar to head and shoulders has formed in GBPNZD. so, it might most probably will have a sudden downward spike.

Greenfireforex

GET READY FOR A GREAT SHORT . OKAY LET HAVE THANK YOU GOD , BY YOUR GRACE our lives with incredible...

ForecastCity_ME Updated 

Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.9080). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...

stocryptorex

Gbpnzd in sell direction - broke the support level try to get 200 pips

SAKTHIVELSADAIYAN Updated 

Formed Cup and Handle in Daily Candle and waiting for breakout confirmation.........

RBSBALA

OANDA:GBPNZD 1) Good support and resistance 2) RSI reached over low 3) bullish started 4) For long

omegag927

planning to wait for a pullback before going long for price to test next supply area above

PAFXLTD

Setup Contains: 1. Stop Hunt 2. LTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸

BOLIS_WILLIAM

GBPNZD is on a symmetrical triangle (bearish triangle) on the weekly time frame although we are looking at a potential uptrend to hit the resistance on top and then a continuation to the downside..

ForecastCity_ME

Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (2.02108). 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...