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Gbpnzdlong

GBPNZD, daily tf, buy the end of wave-4Hello my friends, previously we took sell positions in this pair and managed to booked +180 pips profit from it yielding 4R Right now we're on strong support at EMA-200 and this is also where 50% fibonacci retracement of wave-4. Usually wave-4 will end at 50% fibonacci retracement. As our protective stop loss, we will use wave-1 area because per Elliott wave rule; wave-4 could never go beyong wave-1 area. Because this is using daily timeframe, don't expect this to be a quick trade because it could take weeks to complete the movement. Buy GBPNZD 1.9340 Stop loss 1.9200 Take profit 1.9950 (4.3R) Use only 1-2% risk Good luck
Long
by HayatoDragonFX
GBPNZD - FOREX - 13. APR. 2021Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Pullback after bullish closure. 4 HOUR Overall bullish market structure. DAILY Expecting more price action towards previous highs. - FOREX SETUP BUY GBPNZD ENTRY LEVEL @ 1.95600 SL @ 1.94590 TP @ 1.97160 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
by DACapitalTrading
40
GBPNZD (LONG TERM BUY IDEA)MY ANALYSIS > SRT , PRICE ACTION , INSTITUTIONAL ORDER BLOCKS AND FIB RETRACEMENT MY PRICE PREDICTION FOR GBPNZD IS 2.00000 (LONG TERM BUY IDEA) CURRENT MARKET IS IN A UPTREND MOVE SINCE DECEMBER 2020 GREEN DOWN ARROWS INDICATE POTENTIAL SELL OPPORTUNITIES. RED UP ARROWS INDICATE POTENTIAL BUY OPPORTUNITIES. DOUBLE TOP FORMED AT 1.98155 POTENTIAL BUY OPPORTUNITIES IS AT 1.93341 AND 1.95090 INSTITUTIONAL ORDER BLOCK LEVELS ARE 1.93341 – 1.95920 – 1.97219 – 1.99446. THANK YOU
Long
by Quadruple_Capitals
GBPNZD > Trading Plan for A Buy!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you. Analysis up on #GBPNZD Hello friends. At support level also trend line support near 1.9500 phycological number. Looking for a bullish behavior to get in a buy trade if the rules are met Safe trading everyone Check today analysis below⠀ >> One trade must not make you, one trade must not break you _____________________________________________________________________________⠀ -Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀ -Please note this is just a PREDICTION and I have no reason to act on it and neither should you
Long
by TheTradersAvenue
3
GBPNZD - Buy Entry - H4 Chart ??GBPNZD - Buy Entry - H4 Chart One to watch 👍 Would need confirmation for entry. Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 DISCLAIMER 🔺 The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
Trade Idea GBP/NZDNoticed possible Cup & Handle formation on Daily chart of GBP/NZD. After finding resistance @1.9800 pair is moving down in channel that can be clearly seen on 4 hour chart. When pair falls bellow support level 1.9600, which is also 38.2% Fibonacci retracement of previous up move, I will be looking to buy pair on 50% of that same Fibonacci around 1.9500 area. Stop loss will be just bellow 78.6% and Take profit right bellow historic Support/Resistance line of 2.050, which gives 1:5 Risk to reward. Depth of Cup is some 200 pips more then my Take profit mark but so I money management will be applied as well in order to try and capture those pips as well is pair brakes S/R line.
Long
by dushko22
GBPNZD long swing trade 3:3.34 RR high probability tradeConfluences: -Price just broke out of the 4H consolidation area -Personally now I'll wait for price to come back to retest the consolidation area -For an aggressive entry: I'll put a buy limit at the top of the consolidation area -For a safer entry: I'll put a buy stop when I see signs of rejection and continuation to the upside Additionally the weekly closed very bullish, and the consolidation happened at a quarter level, giving me a high conviction on this trade. However there is always the risk of a fake breakout so be wary. What do you guys think?
Long
by Fed02
GBPNZD is facing bullish pressure | 24 Mar 2021Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
4
GBPNZD is facing bullish pressure | 24 Mar 2021Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2% Fibonacci retracement level. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
Long
by FXCM
10