Gbpnzd in sell direction - broke the support level try to get 200 pips
Formed Cup and Handle in Daily Candle and waiting for breakout confirmation.........
planning to wait for a pullback before going long for price to test next supply area above
Setup Contains: 1. Stop Hunt 2. LTF Point Of Interest 3. Break of Structure 4. Return To OrderBlock FOLLOW PAFX & TRADE LIKE BANKS 💸
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..
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...
use lot size properly without risking 1% per trade. 1:4 rr minimum sell trade with small sl
GBPUSD DAY CHART ANALYSIS :- GBPUSD break the trand line in 1DAY time frame. if you take entry in gbpusd then yours SL is FOREXCOM:GBPNZD THANKYOU
Three months old H4 trendline broken, Possible sell entry Let us wait for the price action to confirm bearish for good R:R
Broken monthly trendline after a strong consolidation near by its resistance which indicates buyers decided to step in finally to move further. In weekly time frame its taking a perfect retracement one If the next week ends in green and moved above the last two weeks high we can go for long.
Lets see the rally against the index measure, compared to GBP and AUD. NZD late to react over the upstream. so taking that chance to make GBPNZD to come lower, as same NZDJPY to come higher the same pattern.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (2.02346). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPNZD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Possiable bearish on gbp pairs rsi shown overbought conditions
Still on trade. those who are looking for a trade on GN, waiting for a re- test for 2nd entry. Thank you
educational purpose only if any doubt comment down
A big profit may generate. Just following an bearish engulfing pattern is formed at resistance, indicating a long term bear market. !Happy trading
#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals #GBPNZD reached the buyers target zone. The seller’s price of interests are 2.0042 The possible targets are 1.9962, 1.9865 These analysis are based on the current market swing and we update our views based on the upcoming future swings