GBPNZD LONG longs from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
Gbpnzdbuy
GBP/NZDResistance not broken on H1 and there's an ascending channel on H1 but this most likely will be broken.
Also, we can see a Double Top forming after the retrace and this pair may go down for another 400-500 pips
GBPNZD BUY IDEAWe will buy from the bottom of the channel and our target will be the top of the channel. If the top of the channel breaks, we expect it to rise to 0.618 fibo level.
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Two possible scenarios for GBPNZD next week.. On screen analysisWe are in the middle of a pandemic right now with everything that is going on with the Corona virus. It seems to me that Australia and New Sealand were hit hard economically and will be in the next few weeks. My eyes will be on a long trade to the same level of the spike on March 8 which is a Monthly support and resistance level @2.17
On the other hand there could be a big change of events which could lead to a decline in value of the British Pound. Therefor we will first see a clear break of the recent Up trend and probably support turning in to resistance @2.02. When this happens my target will be 1.94 in a short trade.
Trade with care and caution! I will keep you posted on this one.
GBPNZD--M15--Long ForecastCreate a triangle pattern.
In long timeframe already break the trendline and retest previous resistance as a support...
So hope will BUY...
GBPNZD potential bounce!
GBPNZD expected to reverse up to 1st support at 2.03525 where it could potentially react and bounce to its resistance at 1st resistance at 2.04064.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD potential reversal!
GBPNZD expected to rise up to 1st resistance at 2.05006 where it could potentially react off and drop down to 1st support at 2.02305.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD. Will the price go up?Hello dear subscribers!
About 10 days ago, the price rose due to the support level,
which is at 2.00000. Having reached a key level,
the price has risen even higher and is already striving for its target!
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GBPNZD Enter now and earn alot <3GBPNZD trying to break the main resistance and has tested it multiple times now today GBP CPI news coming out can act as an enzyme to boost it up to and can even cross it's resistance of 2.03982
GBPNZD buy@2.03292
tp@2,03982
tp2@open
Enter this and close half lots when tp1 hits and move the sl at entry level and go long term to earn hell lot of pips
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GBPNZD. Tends to its peak.
Hello Dear subscribers!
The level of support helped the price of growth.
Last month, the price peaked and this is its target at 2.04349.
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This idea does not provide the financial advice.
GBPNZD approaching support, potential for a bounce!
GBPNZD is expected to drop to 1st support at 1.98139 where it could potentially react off and up to 1st resistance at 2.00959.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD reversed from resistance, potential drop!
GBPNZD reversed off its resistance at 2.01941 where it could potentially drop further to 2.00025.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPNZD On 2.000 Key Level, Potential Move.Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBP/NZD LONG set upentry 1 2.000
entry 2 1.990
sl 1.9800
tp.1 2.0100
tp.2 2.0260
tp.3 2.0300
tp.4 2.04000
ANALYSIS ON GBPNZDANALYSIS ON GBPNZD
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the GBPNZD pair.
- Price above 200 day EMA.
- Expecting price drop before we go for the buy.
- Watch top for sell.
- expecting move to around 2.04500.
- STOCH RSI showing bearish divergence on other time frames
#GBPNZD, Signal with a monstrous targetThe GBPNZD is after the Double top effect and is back on the rise.
The GBPNZD over 2 important average lines (100,200)
The candles are placed over the Ichimoku cloud that accompanies the GBPNZD with a green cloud!
The Stochastic in the ideal area that recommends buying.
All these technical data indicate continued increases.
Target: 2.0370
