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Overview: Pair is falling from 2.1000 level continuously and arrived at 1.9045 where bears are doing their job in a good manner and taking the pair from 2.1000 level to 1.9050 level. Also, a downtrend line is still valid on the chart which is providing supply pressure to the pair. The way bears are reacting it seems like pair is testing the depth of the river and further downfall is still on the cards.
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Hello Traders! The last supply zone did not work out. There was also no entry confirmation for this zone. We are now waiting for the next supply zone. From there i expect a big drop. Wait for price action to confirm an entry. Thanks for reading, stibo After a break of a minor structure, we see a retest of the structure, and a divergence formation on a H1 TF, and also we see an descending channel formationWhen price is going parabolic, not consolidating before another move to the upside, we are usually dealing with some ugly ABC correction, which doesn´t change the macro trend or these parabolic moves are also very often part of wave C of ABC expanded flat. Purple zone is the target of that ABC exp. flat, then I will be looking for reversal signs and I will enter SHORT.
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Forex Trading ek tarah se exchang currency hota hai. iske andar**foreign currency me business hota hai.
forex market 1875 ke aas paas *start hua tha aur 1944 me sabhi country ne milkar ek naya rule banaya aur uss rule ke anusaar U.S.A.
ki dollor currency ko depending Money ke roop mr rakha gaya.**aur*Time to time isme aur bhi bahut se changing hone lag *aur 1990 me Forex Trading aaj upyog hone wale bada electronic market start hua. aur apko bta de ki*Forex Trading ka profit us currency kr market rate par depand karta hai *aap jis *currency me
Forex Trading karte hai aur aap *currency par trade karte hai aur uss ka price jab international market me kam yaa phir jyada hota hai to uske hisab se apko profit *yaa phir loss hota hai.
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Great brittian pound was nuziland doller is at risky stage for trading at that time. Because nzd is at mixxed dituation to move up or move down. So no one can able to suggest that whats happend at next stage. So my oppionion is that to kept him away from it and doing trading freely.
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Today Market position is : sell
Currant position or previously position market k down honey ka ishara day raha hain
Support or resistence be market k down janay ki terf ishara day rahay hain
Is liya ajj sell ki trade laganay me he faida hai
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
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1 Attachment(s)
Considering the chart on the GBPNZD currency pair in the H1 time frame, a bullish movement is observed, the strength of the buyers is confirmed by the moving average with a period of 120 which is below the price. Zig zag also shows an ascending structure, because low and highs are rising. Today, I consider purchases in priority from the level of 1.9170 with the first goal of income to the price level of 1.9210, the second goal of 1.9250, stop loss at the level of 1.9140. Sales can be considered when a pair is broken and assigned to a price level of 1.9110. Take profit for sales at the level of 1.9070, while stop loss at the same time at the level of 1.9140.
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hello guys aj market ne bohat achi movement ki hai sell ki tarf se ek resistance ko jo tach ikiya howa tha to us
resistance ko reject kiya market ne to aj sell ki trade thi humari nechy waly level tak hum tp leky market se hum
ko baher ho jana chahye lalach bilkul ni krna chahye subha pahly hume analysis krna hota ha or jaha hume trade
ka setum mily to us pair pr level marking kr dena chahye or trade ka wait krna chahye,,,
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For the GBP / NZD pair, there is a pronounced descending channel on the H4 scale, which also keeps within the envelope between the middle line of the envelope and the support of the envelope, which are currently at levels 1.8971 - 1.9169, and the current quotation of the pair is 1.9146, which is practically at the very top of the range. Thus, by the principle of selling at the top, we can conclude that a pair with current quotes of 1.9146 will go to the test level 1.8971.
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Having analyzed the current situation, we can conclude that GBPNZD is still in the 1.9180 area, and now its further movement can be both to the resistance of 1.9200 and to the support level of 1.9150. At these levels, it is necessary that pattern 123 is formed, while from support 1.9150 we buy according to the pattern and expect a long-term directional upward movement, and from resistance 1.9200 we sell a pair, in the future counting on a long downward movement.