Hello,Friends! It makes sense for us to go short on GBP/NZD right now from the resistance line above with the target of 2.033 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band. ✅LIKE AND COMMENT MY IDEAS✅
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we have the same scenario as on GBPAUD, we are bearish, so I am looking for short. I see price to go a little bit higher to fill the imbalance and then to reject from bearish order block + institutional big figure 2.05000. Like, comment and subscribe to be in touch with my content!
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
Please, check our technical outlook for GBPNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.038. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.023...
Reason for Buy: Liquidity grab Break of structure Imbalances in discount Entry: 0.75 level of the Fibonnaci Retracement Take Profit: Taking profit at the last swing high is ofcourse the most logical and safest option. But price could also go and fill the 4H Imbalance.
GBPNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPNZD Entry - 2.0374 Sl - 2.0441 Tp - 2.0238 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD chart is so clear and says to sell it again. British pound is under pressure and has no momentum to strong again. Trade safe. Good luck.
#GBPNZD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #GBPNZD. Traders, Anna is monitoring the Forex pair #GBPNZD. Here all traders can see that yesterday Anna told you that if there is any breakout either on up or downside. Here we can see that it break...
#GBPNZD Buy Limit : 2.03380 Stop Loss : 2.03100 Take Profit 1 : 2.04060 Take Profit 2 : 2.05300
GBPNZD support and resistance long setup idea! Let me know what you think!
Hey Traders, In today's trading session, our attention is directed towards potential selling opportunities in GBPNZD around the 2.05800 zone. The currency pair is currently navigating a correction phase within its downtrend, steadily approaching the crucial 2.05800 support and resistance area. As we analyze this market, it is crucial to consider the broader market...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish , trading inside the falling channel in red and it is currently approaching the upper red trendline. Moreover, the zone 2.055 is a robust supply zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the...
#GBPNZD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #GBPNZD. Traders, Anna is monitoring the Forex pair #GBPNZD. Traders her we all can see that GBPNZD is moving in side way conditions. Although it grabs the liquidity towards upside, so here are more...
Hello,Friends! Bearish trend on GBP/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2.017. ✅LIKE AND COMMENT MY IDEAS✅
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see how things play out at this key daily level turned Resistance. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an...
Hello TradingView community! I'm excited to share my latest trading idea for GBPNDZ (assuming you meant GBP/NZD), driven by my Elliott Wave analysis, which is currently indicating a potential buy opportunity. Let's explore the key details of my analysis. Based on my study, GBP/NZD has likely completed its corrective phase, typically characterized by an A-B-C...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
The GBPNZD pair has had a strong decline since our last sell call (November 24, see chart below) breaking even below the 1D MA200 (orange trend-line): The price is currently rising after making a Lower Low but not at the bottom of the (blue) Channel Down. For that reason we consider the emergence of a Diverging Channel Down that can break above both the 1D...