GBPNZD SELL TRADE OPPURTUNITYGBPNZD Right now have found a head & Shoulder pattern break not yet confirm.
We need to wait until Market break the neckline.
We have Found Uptrend Line on Monthly Time zone.
In Weekly Time we have seen Swing Change.
And in Daily Time frame we have seen Head & Shoulder Pattern.
When to Take tra de.
Wait until market break the neckline.
use proper RISK Management Strategy.
IT IS HIGHLY RECOMMENDED TO FOLLOW THIS RISK MANAGEMENT STRATEGY.
$100 -$1k = 0.01 to 0.02 (Max 3 trades)
$1.5k -$2k = 0.03 to 0.05 lot (Max 3 trades)
$3k = 0.10 lot (Max 4 trades)
$4k = 0.20 lot (Max 3 trades)
$5k = 0.25 lot (Max 4 trades)
HOW TO TRADE ON OUR SIGNALS.
As We Explain above you use that lot size what ever Capital you have.
Let Say for example you have 4000 Dollars Capital.
We Posted Trade which have 4 Take Profit.
We will use 0.20 Total lot size We will divide it
in 4 Order.
0.20 lot Divided by 4 Take profit = 0.05 Lot size.
So we will open 4 Trade with 0.05 Lot size for each trade.
Let See How We will do.
1st Trade 0.05 Lot : Stop loss Same >> Take profit will set to First target.
2nd Trade 0.05 Lot : Stop loss Same >> Take profit will set to Second target.
3st Trade 0.05 Lot : Stop loss Same >> Take profit will set to Third target.
4th Trade 0.05 Lot : Stop loss Same >> Take profit will set to fourth target.
Let Say if Our First Target Hitted Then you need to Move All Remaining Trade stop loss to Entry.
If Our Second Target Hitted Then You Need to move All Remaining Trade stop loss to First Target.
If our Third Target Hitted then You need to move All Remaining Trade stop loss to Second Target and So On.
Just Follow this Rule Insha Allah You will be in Profit.
Thanks Me later
Adil khan
Gbpnzdlong
GN Possible Buy on 38.2 fib level + TLHello all,
This is my first published article on tradingview, I am not experienced however I am learning so would appreciate any and all advice
I will be taking a buy on 38.2 fib level (~1.96880)
TP1 - 1.97180 (30 PIPS)
TP2 - 1.97380 (50 PIPS)
TP 3 - TBD
Please let me know what you think of my idea!!
Many thanks.
Technical analysis on GBPNZD ,Long and ShortHello traders. i have made analysis on GBPNZD ,daily chart. I see it forming a head and shoulder pattern ,im currently in a long position till the resistance at: 2.00000 , then i will take a longterm short , TP: 1.85000. Kindly share your take on this.Happy Trading
GBPNZD Possible Long OpportunityWe had a strong rejection off the 61.8 on the daily. Price has been moving correctively for a while on daily creating a giant flag. We expect price to possibly move back to the top of this flag if it doesn't keep breaking down. If price breaks out of this flag, take it to the -61.8 fib extension long term for we expect GBP pairs to be bullish in 2020. Trade with care :)
GBPNZD: POTENTIAL BUY OPPORTUNITYFollowing up on the weekly analysis I posted earlier, GBPNZD has broken the daily corrective structure channel, and it's retesting it.
The break out is an impulsive move followed by a corrective structure that seems to be unfolding as a zigzag. The correction in wave (ii) of C has retraced 61.8 - 78.6% of wave (i), and it's within a deep Fibonacci extension zone "blue area." Price is expected to resume higher from or near the current market price.
GBPNZD WEEKLY: Short-term Bullish and Long-term BearishIn the GBPNZD weekly chart above, GBPNZD sell-off impulsively from its August 2015 high.
The decline is in five-wave and labeled as 1-2-3-4-5 in wave (A). Sub-wave of wave 1 of (A) is also visible.
Since GBPNZD bottomed in November 2017, it has been in a corrective wave, which is expected according to Elliot Wave Principle. A three-wave correction follows every impulse before the price resume in the direction of the trend.
In the case of GBPNZD, the correction seems to be unfolding as a triple zigzag "W-X-Y-X-Z" pattern, and it's almost completed. Price is expected to move higher in wave (c) of Z to complete the major correction. The anticipated area for the completion of the correction is the blue zone that lined up with the upper trend channel + 50% retracement of the entire decline.
If this count is correct, the dominant trend is bearish, and once the corrective structure is completed, the market should begin a massive decline in wave (C). Wave (C) target lies below the wave (A) low.
What's your thought on GBPNZD?
Best,
Veejahbee.
GBPNZD buy on 5HPlan : wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD long for 300 pipsPrice has pushed down to a major level now and waiting for a bullish entry reason to go long on this. We also have a gap opening earlier on Monday opening. Market usually don't like gaps and tend to fill them up pretty quickly. I have marked the tp and for you but the trade is only valid once we see a bullish engulfing candle from where we are now.
Let me know your thoughts.
Trade safe and good luck.
GBPNZD forecast on daily, long trade setup for 1100 pips!! Note : if you look at my forecasts on 4 december (link below), at this time the trendline resistance has been broken, what we need is just waiting for the dust to settle then BUY ON DIP and surfing with the big waves ;)
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX