GBPNZD reached an important supply cluster last week. The price formed a double top pattern on an hourly time frame approaching that. I expect a bearish continuation to 1.903 ❤️Please, support my work with like, thank you!❤️
I expect a move to the upper limit of the channel (green lines). TP around 1.9200 GG P.S. This is not financial advice of course, just my idea.
GBPNZD - 20h expiry - We look to Buy at 1.9050 (stop at 1.8890) Previous support located at 1.9100. Previous resistance located at 1.9250. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.9250 will confirm the bullish momentum. Our profit targets will be 1.9420 and 1.9450 Resistance:...
GBPNZD - 23h expiry - We look to Sell a break of 1.9128 (stop at 1.9245) Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 1.9128. Short term bias is bearish. Further downside is expected, however, due to the strong support below we prefer to sell a break of 1.9128, which will confirm the...
Trade Idea: Buying GBPNZD Reasoning: Trading in a range on the 60min chart Entry Level: 1.9226 Take Profit Level: 1.9452 Stop Loss: 1.9180 Risk/Reward: 4.95:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical...
GBPNZD - 22h expiry - We look to Buy at 1.9150 (stop at 1.8990) Previous support located at 1.9250. Previous resistance located at 1.9400. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9520 and 1.9550 Resistance:...
please refer to my forme analysis of this pair beginning of c wave
GBPNZD - 22h expiry - We look to Buy at 1.9602 (stop at 1.9444) Previous resistance located at 1.9700. Previous resistance located at 1.9800. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. We expect a reversal in this move. Our profit targets will be 1.9970 and 2.0000 Resistance: 1.9800 / 1.9900 /...
HELLO everyone. This pair has done 3 important things that show it's ready to push up. 1. Broke structure 2. Correctively moved down 3. Order block and FVG mitigated. Happy pippin! trade with care.
GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE A looming recession has been a key source of Pound weakness and has kept pressure on Sterling despite ongoing BoE hikes. But there is a new threat in focus. It seems the PM’s new fiscal plan, even though putting downside pressure on inflation and lowering growth risks, has drastically increased debt concerns. The...
Trade Idea: Buying GBPNZD Reasoning: Intraday pullback to support Entry Level: 1.9936 Take Profit Level: 2.0266 Stop Loss: 1.9849 Risk/Reward: 4.26:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
please refer to my previous analysis on gbpnzd to see the bigger picture thanks
GBPNZD - Intraday - We look to Buy at 1.9600 (stop at 1.9440) Previous support located at 1.9800. Previous resistance located at 1.9900. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.9600, resulting in improved risk/reward. A move through 1.9900 will confirm the bullish momentum. Our profit targets will be...
part 2 : - wave5 is forming and have already completed it's wave1 - wave 5 is creating its wave 3 wich have to be an impulse : * wave1 wave 2 of wave 3 is completed * the next move should be the wave3 of wave 3 notice : i'm not a financial adviser i don't have anything to sell ( signal - education- etc..) I only post my ideas to force myself to be good and...
this is my view of this pair i only analyse gbpnzd wich is a cross pair of gbpusd and nzdusd. I see this pair making the wave C : - wave1 wave2 wave3 wave4 are completed - wave5 is forming and have already completed it's wave1 wave2 wave3 wave4 notice : i'm not a financial adviser i don't have anything to sell ( signal - education- etc..) I only post my ideas to...
Double top located. Price rising on decreasing volume. Mac D could be losing momentum. Price may test the previous low up anywhere from 38% to 61% or more. Happy trading!
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GBPNZD on the 4h chart after the recent bounce over the weekly support retraced between the 0.5 and the 0.618 Fibonacci level. The price is now trading above a minor support and. we can expect some bearish price action after the EU market open. How can iu approach this scenario? I will wait foe the break below the support area and when that will happen i will...