Gbpnzdsell
forex | GBPNZD multi timeframe analysis - long term sell tradelearn how to trade support and resistance with psychology trading areas
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starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance strategy.
moving down to the weekly chart, which confirms the support and resistance area. the daily chart we are in a clear uptrend so searching for selling opportunities is so risky right now.
so we have to align our analysis with the COT report and draw an uptrend in a smaller time frame like 4hr chart and waiting for a break-out
then we start selling with low risk.
forex | GBPNZD multi timeframe analysis - long term sell tradelearn how to trade support and resistance with psychology trading areas
________________________________
starting with the monthly time frame we notice that we are in a strong downtrend so, we trade with the trend and start searching for selling opportunities.
and we found that the price moving in sideways so, in this condition, we follow support and resistance strategy.
moving down to the weekly chart, which confirms the support and resistance area. the daily chart we are in a clear uptrend so searching for selling opportunities is so risky right now.
so we have to align our analysis with the COT report and draw an uptrend in a smaller time frame like 4hr chart and waiting for a break-out
then we start selling with low risk.
GBP/NZD SELL IDEAHey tradomaniacs,
welcome to another trade-setup!
GBP/NZD: Daytrade-Execution
Market-Sell-Order: 1.95740
Stop-Loss: 1.96310
Point of risk-reduction: 1.95260
Take-Profit: 1.94390
Stop-Loss: 56 pips
Risk: 0,5% - 1%
Risk-Reward: 2,50
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Peace and good trades
Irasor
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Gbpnzd Technical analysis Gbpnzd Technical analysis
we see a bearish momentum and if you see price break resistance area and then come down reason orders price pick orders and fall
GBPNZD Sell IdeaGBPNZD sell idea using supply & demand areas
if the retrace come to the higher area with out breaking structure we have a nice entry point over structure on the daily and monthly are both very much bearish still
GBPNZD Sell ShotGBPNZD looking for a short ( sell )
Based upon the supply area being mitigated moving down to the next demand zone
I'm only risking 0.3% of my balance testing small live trade
Notice how i changed my colours to cool pastel colours this helps easy on the eye when looking at my charts
Also changed my sell R:R to pastel black & my buy R:R to pastel blue to match my sell and buying candles
GBP/NZD Running In 700 Pips Profits &Third Entry Still AvailableThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD: I want to try Opportunity in this pairHere is my idea for this pair
GBPNZD with Risk Reward Ratio 1:6
What do you think?
If you have any idea Comment below here.
Glad to hear that.
GBP/NZD Running In 370 Pips And Third Entry Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD Elliot wave analysis in H4
GBPNZD
Elliot wave analysis
The fundamental factors has played key role in the recent downtrend in GBPNZD as the pandemic situation in England got worse and the economic condition in New Zealand was also in trouble and in some countries they re imposed some minor restrictions.Today the RBNZ has leave the rate unchanged this causing the further selling of GBPNZD in coming days.
We can clearly see the price movement was within a broad rising channel and its about to reach the lower side of the trend line. And i am expecting further downside breakdown in coming days. Currently the Wave 02 was completed and Third major wave was underway.We can see a bearish engulfing pattern in 4 Hour time frame 1.94550 would be a desirable entry point for bear.The main bearish invalidation point was 1.97530
GBPNZD, 4hr tf, sell the end of wave-iv
As you can see the same setup with GBPAUD.
Price also at the end of wave-iv and we might see another impulse to the downside to complete wave-v.
Sell GBPNZD 1.9595
Stop loss 1.9640
Take profit 1.9415 (4R)
Use only 1-2% risk
Good luck
GBP/NZD First Entry +145 Pips And The Second Entry +90 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/NZD +50 Pips Now And New Entry Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD FIGURE IT ?Please consider to put a like to my idea for supporting me & subscribe for more ideas.
Idea is not the financial advice!
GBPNZD short GBPNZD after testing support for three times now support zone gets broken...
now it can act as resistance..wait for price confirmation and then go short.....
GBPNZD Trendline Breakout & Retest GBPNZD tested the highs of 22 OCT 20. Price broke out multi days bullish trend-line. As momentum is weakening across the board, I am looking for a retest of the broken trendline to trigger short.
Don't risk more than 2% of your capital.
Trade Safe!
