If my trend line holds as a resistance then i'd looking forward to short.
GBPNZD - Based on daily chart & hourly chart it's supposed to go down, parallel channel is there on hourly it may touch the lower end. My approach will be a sell in the range 1.96050 - 1.96200 Maintain stop loss around 1.96600 Potential downside target 1.95500 Follow the levels as mentioned Traders, if you liked this idea hit the like button & write in the...
GBPNZD is on the test of a monthly resistance. Price is consolidating below the 1.95500 level and at the moment is respecting the ascending channel. IF the price will break and close above the 1.96 level, we can set according to Plancton strategy a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
We always keep it simple so after the close of h4 candle we are looking for sell entry. Price is in sellers territory, rejected from previous daily high, engulfing H4 candle and down trend on higher time frames.
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Very bearish price action and price selloff. 4 HOUR Expecting prices to push further downside, good short entries! DAILY Overall market turned bearish again, following midterm trend. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.93800 SL @ 1.95550 TP @ 1.91150 Max Risk. 0.5% - 1%! (Remember to add a few pips...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.9407). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.9407). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
GBPNZD broke major downtrendline Bullish wave (a) ended at level 1.9585 then corrective bearish wave (b) rejected from support level at 1.9375 with strong bullish movement Above SMA 100 MACD shows start of bullish momentum It's expected forming bullish wave (c) to target resistance level at 1.9935
Great long opportunity for the week on the GBP/NZD pair. After the breakout of the double bottom pattern at the last week, I think there will be a retest till the neckline. After that there is a great opportunity to trade in the Long direction.
After falling out of the sky onto the ground, by forming a head & shoulder pattern, the price of this currency pair resumed its journey back to the sky in the last few weeks. Now, with a last kiss , it farewelled its current position and is getting ready to go to the upper floors of heaven.
GBPNZD broke major downtrendline Price is supported above support level at 1.9108 Above SMA 100 MACD shows bullish momentum RSI is above level 50 It's expected for coming bullish wave to retest key level at 1.9630 which corresponds to 50% Fibonacci level
The price has broken the resistance line and is above the pressure area. I expect growth from the current point to the target area
GBPNZD - Trading close to the resistance zone and chances are there for a downside reversal. My approach is a short sell at current price 1.94600 Stop loss 1.95250 potential downside target 1.93860 Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this tradingview account ? Managed by top most...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bullish pressure right now, good shortterm long setup! 4 HOUR Overall sideways market structure in smaller tf. DAILY Expecting prices to push towards previous resistance zone. - FOREX SWING BUY GBPNZD ENTRY LEVEL @ 1.91860 SL @ 1.90810 TP @ 1.93480 Max Risk. 0.5% - 1%! (Remember to add a few pips to all...
The price rolled back and is now ready to rise again. I expect growth from the support line to the point T.