Gbp-nzd
It's Time For GBPNZD To FallPrice has rejected the daily resistance and started moving towards the key support. We are currently retesting the 61.8 fib and mid-zone as resistance. RSI is also showing divergence. Waiting for a lower time-frame bearish candlestick pattern to see a continuation of the trend to the key support. Use proper risk if entering.
GBPNZD on a double bottom 🦐GBPNZD after the attempt to break the 1,86400 level retraced up until the 1,91 area before testing again the support, creating a double bottom formation.
The price looks like inside a possible ascending channel.
IF the market will break above, according to Plancton's strategy, we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
📉 FOREX : 🚀 GBP / NZD 🚀BUY : 1.8713
TARGET : 1.8733
TARGET : 1.8763
TARGET : 1.8813
StopLoss : 1.8563
GBPNZD ANALYSISGBPNZD broke uptrendline
Pair is based below key level at 1.8910
Below SMA 100
MACD shows bearish momentum
It's expected to target 161.8 Fibonacci extension level at 1.8646
GBPNZDGbpnzd is at the bottom of the channel. From my point of view, the market will grow. The price I am aiming for is 1.90847.
Good luck!
GBPNZD - SWING - 28. DECE. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bearish price action and pressure.
4 HOUR
Overall turning market structure, expecting more downside.
DAILY
Good short entries, closure below main sr level.
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FOREX SWING
SELL GBPNZD
ENTRY LEVEL @ 1.90060
SL @ 1.91300
TP @ 1.88210
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBP NZD SHORT Updated Stop GBP NZD has broke daily support zone and trendline. After retesting the resistance zone, I expect a drop lower.
GBP/NZD Brexit talks boosted the appetite of GBP currency allow support to hold to take this pair LONG
GBPNZD - SWING - 21. DECE. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish closure above main sr level.
4 HOUR
Sideways market structure, about to rise!
DAILY
Overall bullish market about to push up.
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.88830
SL @ 1.87720
TP @ 1.90540
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPNZD EXPLAINATION INSIDE CHARTGBPNZD Patience is key here
this will be due to the post brexit talks we are hearing and a weak NZD exporting nation currency
GBPNZD - Week starting ok here with (finally) this drop hereIf you have been following my idea, GBPNZD has been difficult tocatch the last 10 days but finally not just we stayed alive in this position but also opened a critical new one last Friday. Already in the money and making profits with the second and third DCA positions.
Fundamentally:
New Zealand doing AWESOME
GBritain has Brexit and Covid issues atm
...Thus we are selling
GBPNZD GBPNZD implements an inverted Cup&Handle pattern. Testing of the ex-support zone is possible, but the impulse is strong enough that the price may not find this testing.
Best regards EXCAVO
Analysis GBPNZD#99
Purchase range: 1.88659
Targets: 1.89137- 1.89615- 1.90093
Stop loss The first goal: the profit to loss ratio is 1: 1 (1.88181)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 1.88659(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal
Gbpnzd, still waiting for it to...bottom out from this key level?
#shadowingthebigboys
#trading
#forex
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
Thank you, and please do your due diligence before any putting on any trades!
