Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPNZD if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please...
Same as GA, looking for a similar sell as a day trade. I'm already in this floating about 100 pips in profit however it is still possible for this to wick up so be prepared for an entry where the purple box is. Watch for rejection around this zone.
280 PIP GAIN 13/1 RR
Although on a larger scale GBPNZD is technically in an uptrend its at a nice daily supply zone @ 2.0000
I will be looking for shorting opportunities on the lower time frames
Any questions feel free to drop a comment or a message be happy to help
#PipGainFX
SIMPLE SETUP, price is clearly in a downwards trend and our red box is a clear resistance zone that will also line up with price hitting our trend line....Go for it and treat me to a pint after you make profits.... make mine a strongbow ;p
Looking for a 50% retracement on this trade to enter at the grey line.
Entry - Grey line
Stop loss - Red line
Take profit - Green line
Risk exposure - 1%
Risk to reward - 1:2
Happy trading :)
