P3tr4's Blog

Avatar

GBPNZD FALLING!!

Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

GBPNZD RISING!!

Trading concept:
Stochastic indicator and price action are the only indicators used.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also.
Same applies for when stochastic is below 20, the trend is bearish wit…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

GBPNZD RISING!!

Trading concept:Stochastic indicator and price action are the only indicators used on weekly and monthly charts.
When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short. When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

GBPNZD RISING!!

Trading concept:Stochastic indicator and price action are the only indicators used. When stochastic crosses up,we assume it is time to go long, when it crosses down we assume it is time to go short.When it crosses up above 80, it is still a good place to go long, but with caution, as such areas are overbought areas. So predictions at this point could also be bullish, but bearish predictions are a good possibility here also. Same applies for when stochastic is below 20, the trend is bearish with …
Read full story
Translate to Inglese Show original
P3tr4 avatar
P3tr4 28 Mag

Update 1:
Current price: 1.8156
This particular pair has been very bearish, which has favored my technical analysis. But it is still currently far from where I want it to be, another 100 points decline would favor my analysis much more and bring me closer to my goal. The last low was 1.8106, and that low could give way before the end of this week.

oper inserire commenti
Avatar

GBPNZD RISING!!

Trading concept:
Stochastic indicator and price action are the only indicators used. When stochastic crosses up,
we assume it is time to go long, when it crosses down we assume it is time to go short.
When it crosses up above 80, it is still a good place to go long, but with caution, as such
areas are overbought areas. So predictions at this point could also be bullish, but bearish
predictions are a good possibility here also. Same applies for when stochastic is below 20,
the rend is bearish wit…
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Expecting the gbpnzd to drop!!

After a very impressive climb to 2.0800, i am expecting some bearish action.
time frame: daily
indicators:
Bollinger bands
Stochastic indicator
i expect the pound to lose some steam and drop to 2.0200.
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

GBPnzd to drop!

The pair is in some kind of range on the weekly chart. I expect this ranging behavior to continue for awhile. My target is the lower band.
we can see that the pair has tested the upper band twice, and this week's candle is already looking bearish.
The monthly chart shows a possible continuation of the down trend.
with the stochastic indicator firmly crossed down wards, we could see more decline from the pair.
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Long term trend to continue

The pair has been in a down trend for a long time, as we can see on the monthly chart.
After the slight retracement, expecting the decline to continue. Target price is 1.8300, although 1.8 is a very strong possibility, it is a recent low and a round number area. Maybe the pair could bounce from there.
Read full story
Translate to Inglese Show original
P3tr4 avatar
P3tr4 11 Dic

my analysis with this pair was really off the mark, rather than decline the pair has advanced above 2.0000 and looks set to make more gains. The nzd has been weak, easily allowing the pair to rise. It dipped from 2.0525 to 2.0000, whether it will dip further remains to be seen.

oper inserire commenti
Avatar

GBPnzd going down!!

I am expecting the gbpnzd pair to drop to 2.0000. In this analysis i do not think the pair can break the next resistance level.
this is confirmed if the month ends bearish.
Read full story
Translate to Inglese Show original
oper inserire commenti
Avatar

Bullish trend on GBPNZD

i expect the NZD to continue its decline, giving rise to the GBPNZD pair. i am estimating 2.0997 by September. A decent economic recovery from the UK should easily make this happen. the weekly chart below shows the resistance area i am targeting.the 200ema on the weekly chart also supports that resistance level.the 4 hour chart still shows price above the 200ema
Read full story
Translate to Inglese Show original
oper inserire commenti
More