prepare to buy GBPNZDNZD is a kind currency dependent on product deeply , the global economy still not so good , don't think NZD is powerful . Sell NZD. by EvanChueng1
Wait to touch support level Wait to touch support level BUY GBPNZD at 1.98145 Take profit 1 : 1.97463 Take profit 2 : 1.97700 Take profit 3 : 1.98145 Stop Loss : 1.96372 Good Luck Shortby TradingPoint_Updated 0
💡Don't miss the great sell opportunity in GBPNZD Trading suggestion: . There is a possibility of temporary retracement to the suggested resistance line (1.9765). . 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 41.65. Take Profits: TP1= @ 1.9650 TP2= @ 1.9610 TP3= @ 1.9545 TP4= @ 1.9470 TP5= @ 1.9380 SL= Break below S2 ❤️ 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 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 ❤️Shortby ForecastCity_ME5
SELL GBPNZD @ 1.90287Signal Specification Pair:GBP/NZD Entry Type: SELL Entry: 1.90287 Tp: 1.85988 Sl: 1.90890 R/R: 1:7 Our Unique Features: ————————————————————— 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward up to 1:7. Note: Trade signals would usually have a risk to reward ratio of 1:2. It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit. This allows you to be good in overall pips profit. Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best Wishes Forex Tamil by TradingwithtamilUpdated 0
GBPNZD more short and breakoutAs I said in my previous idea short position, but now the price has been breakout from downward position. More short it has to go...Shortby dikshachangotra2
Looking for sell opportunity if the price breaks the mentioned price level , there will be the good opportunity for sell . Shortby sudarthamizh261
💡 Don't miss the great buy opportunity in GBPNZDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.925). 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. . The RSI is at 63. Take Profits: TP1= @ 1.9315 TP2= @ 1.9475 TP3= @ 1.9612 TP4= @ 1.9757 TP5= @ 1.9865 SL= Break below S2 ❤️ 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Longby ForecastCity_ME5
GBP NZD 15 MIN TRAINGLE PATTERN BREAKOUTDisclaimer: This idea is only for educational purpose, trade as per your risk ThanksShortby kammarihariUpdated 0
📚 💰 Descending Triangle in GBPNZD - "Learn More Earn More"📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high. It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs indicate more sellers are gradually entering the market and selling pressure increases as price consolidates moving further towards the apex. A Descending Triangle is classified as a continuation chart pattern . If price can break through the support level, that level will now act as a resistance level. Breakouts can also happen in both directions. Statistically, downward breakouts are more likely to occur, but upward ones seem to be more reliable. In most cases, the sellers will win this battle and the price will break out past the support. But Sometimes the support level is too strong, and there is simply not enough selling power to push it through. Therefore you should be ready for movement in EITHER direction. ENTRY: We would set an entry order below the support line and above the slope of the lower highs. TARGET: Target is approximately the same distance as the height of the triangle formation. ❤️ 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 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 ❤️Educationby ForecastCity_ME664
📚💰Descending Triangle in GBPNZD "Learn More Earn More" With US📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: .A horizontal support line running through valleys. .A Downtrend line drawn through the peaks. The lower highs indicate more sellers are gradually entering the market and selling pressure increases as price consolidates moving further towards the apex. An Descending Triangle is classified as a continuation chart pattern . If price can break through the support level, that level will now act as a resistance level. Breakouts can also happen in both directions. Statistically, downward breakouts are more likely to occur, but upward ones seem to be more reliable. In most cases, the sellers will win this battle and the price will break out past the support. But Sometimes the support level is too strong, and there is simply not enough selling power to push it through. Therefore you should be ready for movement in EITHER direction . ENTRY: We would set an entry order bellow the support line and above the slope of the lower highs. TARGET: Target is approximately the same distance as the height of the triangle formation. ❤️ 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 trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Educationby ForecastCity_ME776
💡Don't miss the great sell opportunity in GBPNZDTrading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.9395). 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 dynamic resistance. . The RSI is at 38. Take Profits: TP1= @ 1.9255 TP2= @ 1.9065 TP3= @ 1.8945 TP4= @ 1.8675 SL: Break Above 1.9565 ❤️ 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 trader? Now, It's your turn! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️Shortby ForecastCity_MEUpdated 447
GBPNZD Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of GBPNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Market is moving in a rising channel. Price reached support of channel coinciding with monthly support, faced rejection and started upward move creating a double bottom. W > Price pulled up till 0.618 Fib level on last weekly bearish impulse and faced rejection. This level also coincided with weekly support, now turned resistance. D > Price created an M formation during bearish move and we can expect it to make an upward move to test its neck. Price also created a W formation and as expected it dropped to test its neck before continuing with upward move. Price is moving to the upside creating HH and HL and we can expect it to move towards our target. As per COT GBP saw addition of Long and closure of Short positions further improving net positions though still in -ve. BXY however weakened during the said week and ended last week in a Doji after strong buying pressure during start of the week. NZD saw closure of both Long and Short positions further improving net positions, whereas ZXY was weak during the said week but it gained strength last week. ZXY has been gaining strength slowly since June 2020. 4H > Price is rising in an upward wedge creating HH and HL with small dips in middle of the wedge. Price is currently testing bottom of wedge as support and we will for reversal confirmation to compound our position with a Long. Pair Correlation: GBPNZD has positive correlation with GBPCAD, GBPAUD and negative correlation with EURGBP and NZDCAD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FXLongby AP17FX0
💡Ascending Triangle in GBPNZD- "Learn More Earn More" With USAscending Triangle Definition: An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows . It is defined by two lines: . A horizontal resistance line running through peaks. . An uptrend line drawn through the bottoms. The higher lows indicate more buyers are gradually entering the market and buying pressure increases as price consolidates moving further towards the apex. An ascending triangle is classified as a continuation chart pattern . If price can break through the resistance level, that level will now act as a support level. Breakouts can also happen in both directions. Statistically, upward breakouts are more likely to occur, but downward ones seem to be more reliable. In most cases, the buyers will win this battle and the price will break out past the resistance.But Sometimes the resistance level is too strong, and there is simply not enough buying power to push it through. Therefore you should be ready for movement in EITHER direction. ENTRY: We would set an entry order above the resistance line and below the slope of the higher lows . TARGET: Target is approximately the same distance as the height of the triangle formation. ❤️ 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 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 ❤️Educationby ForecastCity_ME448