Pushing up hard right now. GBPNZD. Buy for huge profits

29 нояб.

https://www.tradingview.com/x/DFIKcVPu/

GBPNZD has not crossed up hard with buyers as its renowned for this pair, since around the end of October.

Look at the bullish candle and tail showing the flush of buying right now in this 1hr candle.

Standby.

29 нояб.

Сделка активна

Buy GBPNZD up to 2.1550. Lesser price is still fine.
Our stop loss is behind a massive order block. SL should be 2.1497
TP: 2.1860

29 нояб.

Заметка

To be safe because there is a little slippage occurring. Bankers pushing retail traders around. A better SL would be 2.1468

29 нояб.

Заметка

Now buying this right now is the perfect entry. Explained in 5m chart below. We have the 200ema underneath price on the daily timeframe. Check. We do. This is important for reversal trading to take it with the direction of trend.

The best indicator for directional trading and reversals is Stochastic's. You want the setting 14, 3, 5, its the best tradeoff between accuracy and smoothness (easy to read). We wait for an extended oversold condition to begin to correct. Look at the Stochs' here it goes under 10 and then buying starts to happen. But we DO NOT BUY until you get a Cross-up on the 20 level, wait for about 30 seconds to ensure it holds the 20 level and continues to point and move up.

Basically what you traded was a deep pullback in the direction of the trend. The daily chart even has the same confluence of recent Stochastics' crossing up and buying ensuing.
But first here is the 5minute chart.

29 нояб.

Заметка

Guys, these trades on MACD and Stochastic's are massive moving trades typically, market-maker-haters and big bankers are aware of these big setups being lucrative for the small guy, so they tend to try and Stop out your trades and basically they are pricks. I will give you a better price action entry to trade.
Take a look at this daily chart. This one has the MACD cross up on the signal line. That is the setup where they make life difficult for our entries. Note how GBPNZD has not crossed up on the daily (the best chart for this setup) since the end of October. Go back in history and see how price action has repsonded to these macd cross-ups. I"m. guessing very well.

29 нояб.

Заметка

I forgot to mention, Stochastic's is my 2nd favourite indicator after macd because its actually faster than macd, take a look it crossed up and holds 20 a couple of days prior.

29 нояб.

Заметка

Good 'ol price action is the best way to beat the stop-hunters. Buy on strength of price.

So BUY 2.1550 the break of the swing high & you should be fine.

I even provide an updated stop loss here in the chart 5m

29 нояб.

Заметка

Last but not least, a look inside the Daily chart since May 24. Consolidate then breakout. Consolidate then breakout. We are at number 3 since May.

29 нояб.

Заметка

Price got really low, it was moving down in a 4hr falling wedge, that I only discovered several hours ago. It should be okay once over that. pivot I gave you 2.1550 and over buy.

1 дек.

Заметка

My tip for GBPNZD Longs should be rolling forwards from tomorrow Monday. The downward push on price has stopped and late on Friday GBPNZD made a rush on lower time frames and price got an upward rally in price which to a 'change in character' where on the low timeframes price altered from bearish to bullish.
Now first thing Monday, a setup is in the 'bag' and this head n shoulders pattern you would think enough traders will be watching to kick off December trading.

1 дек.

Заметка

What I see in the price-action in the bullish 15minute head 'n' shoulders pattern, is that price has already made a retest of the entry zone area, in other words a retest has already occurred where price has returned to the yellow neckline which is the breakout zone for this pattern. Head to the neckline is quite deep which also means a bigger profit from this pattern alone, easily a push above the blue triangle above can be achieved very quickly.
Buy the formation of a very bullish candle from 5 minute to 1 minute tf for example a bullish pin-bar with a long-tail, which is a candle pumping-up to breakout. Don't put your SL too close because volatility can easily bounce back price for an instant 0.25 seconds, Stop you out & then gap-up back with the long momentum of this pattern setup.

1 дек.

Сделка закрыта вручную

I have an updated version of the trade. Details within chart. Big selling last week in GBPNZD so best to buy at the right time. Buying the break above price 2.1555 is a safer entry buy-price where you should have less chance of getting stopped out.
Stop Loss: 214.83 (under 1HR 50EMA & under big intraday buy-order block)
Or better RR SL @ YOUR CHOOSING RISK MANAGEMENT.
TP: 2.19

1 дек.

Заметка

2 дек.

Заметка

Our trade in GBPNZD is going okay.
Some resistance here until 2.1530. Then its a clear run to 2.1550 and 2.1555 where I said it would be a stronger position to enter the trade long.

2 дек.

Заметка

This is the 5 minute chart for GBPNZD


Now price has finally broken through the heavy Volume & price was stuck right on the point of control of this volume set, which you can see far left of screen which is when the ASX Aussie market opened this morning. So this is going well this long trade.
I suggest above that a good place to Buy into the trade is about 2.1555 to be safe and not have to worry about price recoiling and taking your stop loss. But getting over this red resistance barrier next is probably a good place to buy as well and you will have substantial profit by the time 2.1555 is reached. Cheers.