GBPNZD H4 CHART

GBPNZD Support Test and Trade Opportunites

As seen on the H4 Chart, price tested the support zone and moved up again.

1.89800 – 189250 is the mid-term support zone. Selling pressure remains on GBPNZD.

An H4 Closing below 1.89250 will carry the price 1.88550 and 1.87800.

You can enter a short trade with the H4 closing above 1.89250. SL: 1.89700.Targets are mentioned above.

GBPNZD Update:

Trade Hits the first target with 70 Pips. Close 30% of the positions, move SL to entry and wait for the next target.

 

TO GET MORE BENEFITS

SIGN UP PREMIUM PACKAGES

OUR

JOIN OUR DAY TRADING TELEGRAM CHANNEL BY DONATING 25.- USD ( MONTHLY ). DONATE AND SEND US AN EMAIL YOU WILL BE ADDED TO CHANNEL. AND YOU WILL BE ADDED TO OUR BILLION DOLLARS PROJECT AS WELL.

DONATE & JOIN 

Warning: All markets trade in different phases; bull and bear markets don’t start overnight. Markets build through three major phases and depending on the time frame you are trading, you will see different phases.

If you enter a trade by analysing the H4 chart frame, this is just a day trading, your stop loss and take profit levels must be set up accordingly.

WARNING ABOUT TRADE IDEAS

  1. We enter trades on different pairs and we look for other trade opportunities. So we recommend you to enter trades with the smaller size.
  2. Do not exceed 10% margin.
  3. Stop Loss and Take Profit Levels are +/- 15 pips minimum.
  4. If we do not publish an update close the 40% of your position on the TP1 level and move your stop loss to entry level.
  5. Some trades ( especially with 300-500 pips profit target) can take 5-6 days to hit the targets. If you do not have patience, do not enter the trade.
  6. Our aim is to close each with week 2500-3000 pips profit minimum.
  7. If we mention as “pullbacks are buying/selling “ opportunities and we publish pullback levels, you do not need to wait for a signal from us. Use these opportunities at the mentioned levels.
  8. All markets trade in different phases; bull and bear markets don’t start overnight. Markets build through three major phases and depending on the time frame you are trading, you will see different phases. If you enter a trade by analysing the H4 chart frame, this is just a day trading, your stop loss and take profit levels must be set up accordingly

 

 

Follow us to get the latest updates
 
 
Summary

LEAVE A REPLY

Please enter your comment!
Please enter your name here