Idk what the fundementals are going to do lol GBPNZD Hoping to catch a long
Average true range per day is around 150 pips
Lower bound of the true range is around 100 pips
Set ups 6:1
E 1.92085
SL 1.91935 15 pips
TP 1 1.92685 60 pips
TP 2 1.92885 80 pips
TP 3 1.93085 100 pips
hoping to enter on a pull back
I love my shorts but sometimes you gotta buy
Tradingview is my personal journal so if you lose it's on you homie
THIS IS NOT A RECOMMENDATION YOU WILL LOSE MONEY
Gbpnzdlong
GBPNZD - SWING - 21. SEPT. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish pressure right now, good shortterm long setup!
4 HOUR
Overall sideways market structure in smaller tf.
DAILY
Expecting prices to push towards previous resistance zone.
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.91860
SL @ 1.90810
TP @ 1.93480
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 is at monthly support Welcome!
What's up traders! Thanks for Jumping on my Analysis, 👨💻 Hit the thumbs up 👍 and support the work.
Follow the trade plans and notes. Make up your own trade setup and make sure you meet with the required confirmations first, before you make your move!
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Trade Setup
i) we had a long downtrend towards monthly support.
ii) The Green lines indicate the Accumulation process on the chart. Notice that the last two bottoms are increasing. This confirms that the market might be accumulating at this point. The
breakout through the upper level of the Accumulation range confirms the end of the Accumulation and the beginning of the uptrend.
iii) Cureently market is in Wyckoff spring point, a perfect Wyckoff trading strategy..
iv) we can enter long once market breakout of the green line with SL below Wyckoff spring.
please comment if you have a better idea.
Bullish breakout happeningWhen I see this chart on the 1H all I see is anomalies all over the place with price action. Volume tells the picture of what is happening and I believe based on this that institutional money is selling BEFORE they get ready to buy. There are a lot of key pieces we are seeing here compared to what volume and associated price action has done up to this point.
Compare GBPAUD and GBPCAD.
GBPNZD - SWING - 01. SEPT. 2020Welcome to our weekly trade setup ( GBPNZD )!
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1 HOUR
Bullish market open and pressure.
4 HOUR
Price closed above main sr level.
DAILY
Expecting another push to the upside following midterm trend.
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FOREX SWING
BUY GBPNZD
ENTRY LEVEL @ 1.98920
SL @ 1.97650
TP @ 2.00870
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
Long Position on GBPNZD 4HHello Traders!
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🚀BUY Execution according to the market.
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