Forming a bullish flag pattern, third retest of strong ascending trend line. Support zone on a 38% fib.
I explore what appears to be a head and shoulders pattern in GBPNZD on 2H time frame. No predictions, as usual. Some people are going long and others can go short.
OANDA:GBPNZD This pair is moving at a great pace upward. We saw some major retracement during the opening of the London session that faked some buyers out but it is now trending upward. Though this pair may experience some drawback, from a technical standpoint, it has much upside to it.
GBP/NZD technical analysis with both short term short entry idea as well as long term long entry idea
Fundamental and Technical reasons why GBPNZD could continue long this week, let me know what you think !
Would of done this video with voiceover but have ze man flu & sound crokey as hell. WEEKLY back under & failing at major resistance levels. 4 Hour broke briefly above resistance but closed below & confirming resistance with multiple failed tests.
I assess the probability as for the south on GBPNZD. How far south is another problem, for me at least, as me crystal ball broke a long time ago. :)
Hello Traders, In this video we cover reversals. Also you will find out how I set my SL and TP and we will discuss RRR and win probabilities. Enjoy! Kaetea Ng
Hide the candles of a chart. Make it blank. Drop multiple horizontal lines. There's support and resistance no matter where you put it.
We had a fantastic trade on this market last week trading from the previous structure lows. Now that the market has broken through key support we are looking for this market to continue lower targeting the next support zone around the 1.9200 area. Applying our fibs we can see that the previous 4hr lows are sitting up at a 50.0% Fib retracement and would be a...
Hey Everybody, Alex Here! As you can see I'm currently eyeing a nice long set up on GBPNZD. I know everybody is bearish (bad) on the GBP at the moment due to all the discord concerning the Brexit talks currently taking place in Brussels. Even thought the overall sentiment towards the GBP is bearish (bad) and this trade is favouring GBP strength over the NZD, the...
GBPNZD running flat appears to be done and coiled to move higher but time will tell.
Cup and Handle pattern taking shape and almost complete. All that is left for completion is a break out of neckline. This big move will reap hundreds of pips and you herd it here!
Hi guys, Been awhile since I've posted a video. I found the chart more valuable as I can document and track the trade idea better. This video isn't to put any negativity but awareness as I've made many mistakes in the past following 'experts' Just remember, mistakes and problems are just an opportunity to learn and grow. Good luck. Feel free to hit me up if you...
Be wary of the breakout to the upside owing to the Daily EMA's
Not much in terms of harmonics here but I am looking for places to get in on the Bearish trend.