Wed 12th October 2022 GBP/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Sell. Enjoy the day all. Cheers. Jim
Gbpnzdsell
GBPNZD - Bearish short and mid term ✅Hello traders!
⁉️This is my analysis on GBPNZD .
Here we can see that price rejected from institutional big figure 2.00000 and broke the market structure, so I expect bearish price action for upcoming weeks to fill the imbalances below.
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GBPNZD SHORT
List of confluences:
1: Trendline breakout on daily chart
2: Rising wedge pattern breakout which signals trend continuation to the downside.
3:Key level breakout on daily chart.
4: Change in market structure from bullish to bearish.
We will be looking to sell this pair as it remains bearish despite BOE attempt to intervene in the weakening of the Pound.
Risk reward currently stands at approximately 9.13 to 1. So we could see a return of between 9.13% to 18.26 for this
particular trade if we risk between 1 - 2 percent of our account per trade.
: Fri 23rd September 2022 GBP/NZD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/NZD Sell. Enjoy the day all. Cheers. Jim
GBPNZD Technical Analysis is Sell Hi Traders according to my technical analysis market will sell from 1.95300 To 1.97000. This is the sell zone area and stoploss is 2.00000 and TP is 1.88000. But remembered this is just a market idea it's not 100%. So please take entry on your own risk and must use stoploss. Thank you
GBPNZD is in possible sell zone!!GBPNZD has formed a very strong textbook bearish engulfed on the 4H timeframe. the price on the daily is highly bearish as well. there back to 2-time liquidity grab means, there is a high probability of dropping after a retest of the previous resistance as support
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GBPNZD (Short to 1.88)Hey traders! Here's another trade idea for the week ahead that we have included in our watchlist.
Fundamentals
GBP: will continue to be weak as recession is forecasted, rising energy prices, household income being squeezed due to rising inflation.
NZD: Not much idea on the current state of the nation but large speculators is starting to build up longs on NZD. It has one of the highest CB rates in the G10FX - recently raised by 50bps (now at 3%)
Technicals
- HTF retest and rejection of 1.915
- Short-term floor creating at 1.904
- Once this breaks, sells are looking good towards 1.88
This is the first chart of the week after a very successful week.
Have a killer trading week.
Cheers
👽🥂
Pound Kiwi Test near Fibo levelHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about GBPNZD
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence........
GBPNZD is in possible sell zone!GBPNZD has formed a head and shoulder with a long consolidation and deceleration on the daily timeframe and has broken out of this head & shoulder with bearish pin bar. It is highly likely that price will continue to drop from this zone as long-term-weeky and monthly price action is bearish.
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GBPNZD is in sell zone!!GBPNZD is moving in a downward channel. Currently, on the daily timeframe, the price has formed a daily bearish engulfer or a middle man. There is a high probability that the price will respect this resistance and will continue to drop!
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BOOM! GBPNZD may go long after testing.Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPNZD
We can see market is going to test its previous support or trendline.
So we are expecting more rise to its major resistance after testing.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
Risk Warning:
Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Trading non-leveraged products such as stocks also involves risk as the value of a stock can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. It is the responsibility of the Client to ascertain whether he/she is permitted to use the services of the EMOTT brand based on the legal requirements in his/her country of residence
Best Place To Sell GBP/NZD,Get 300 Pips But After D ConfirmationThis 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
Sell Stop!!This is quite interesting that blue zone is good resistance zone from the daily and weekly and we already saw that strong rejection candle. We should reject the zone again and dip all the way down to 1.9200 zone...or slightly above. So prudent trade would be a sell stop on break of 1.9330. Sell stop makes sure I only get take in when I am right. The R=3.57
GBPNZD - BoE Interest Rate DecisionAs GBP news is coming today and BoE is expected to increase the Interest rate, GBPNZD pair will move massively. Short term interest rates are the primary factor in currency valuation and GBPNZD pair moves around 200 pips always. we can expect a massive movement in this pair. as the Interest rate is expected to be increased, we can assume that GBPNZD will fall down for 200 pips during the news time.
GBPNZD
sells at CMP 1.9340
SL# 1.9440
TP# 1.9140
Gbpnzd short?Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows....
This all gives a high probability for some downside action.
Pls observe good risk management.