GBPNZD trading calls

seems it starts now...

GBP/NZD weekly update. Waiting to see if this is the top before I look into a short.

its 2 early to say but it does looks like top for me, recent price move may have triggered the shorts stoploss.

Looks a pretty clean upside breakout to me. Am more inclined to buy previous resistance now support at 2.1062 and 2.0917 zone. If the weekly closes above those numbers could see a 1400 pip trade. Plus the kiwi is very weak and getting weaker. Either way need to be prepared for all scenario's.

Beware of buy high, current strength in NZD pulling this cross down, looking at weekly chart if its keep falling this may be fakey setup and touch the bottom in coming weeks.

update only,

for update only,

Quiet Session

for update only,

Seems like it is active now within the 2.1210-85 range on the Long side.

Last to posters was stop on roughly 280-300 pips profit depending on where the trade was taken.

But Now as I see it, we have a possibility to break down all the way to daily support.

So the next couple of hours/days, we have to watch closely if it does change direction, or if we'll see a break up above trend channel.

Short potions if we see a trend change on 1H or 4H chart (new lower high and EMA12/36 crossover)
Long positions if we break above resistance and form a new higher low

GBP/NZD daily update. Connecting the two previous higher swing highs and where it intersects with the time line of the lowest swing low. The 2.1500 area is where I'll be watching to short at. But will be waiting for lower lows first.

GBP/NZD monthly update. Taking the two previous higher swing highs and connecting them. Then taking the timeline of the lowest swing low and where they intersect at. The 2.1365 area is where I'm watching for possible support.

Good bounce from RSI divergence.

Tactical play by MM to take out shorts via Eur Retail PMI.

Price looked to stay above 2.15 today.

New buy entry. Let's see if the upward move will take out all the shorts from 2.155 down.

Took me out the first time. Now I am in with the ride again.