GBPNZD is currently forming a Harmonic Pattern (XABCD) along with a Trendline on the 4-hour time frame. This pattern indicates potential price reversals or continuations based on Fibonacci levels. Point D of the pattern is situated at a key Support level, suggesting a possible bullish momentum. Entry and Stop Loss: Based on the analysis, the entry point is...
GBPNZD is exhibiting a potential Anti-Butterfly Harmonic Pattern (XABCD) formation, indicating a forthcoming bearish trend momentum. This analysis is based on key resistance levels and Fibonacci retracement levels, suggesting a strategic entry opportunity. Pattern Identification: The Anti-Butterfly Harmonic Pattern (XABCD) is emerging on the GBPNZD chart, with...
Will be looking for Long opportunities if the market taps the bullish zone. Based on just technicals.
The GBPNZD is in a bullish trend clearly as we can see on the 4 hour chart. We have a series of higher highs and higher lows. Prices currently overextended, we anticipate a retrace down into the 4 hour imbalance area where a buy opportunity could present. Target set previous high and resistance levels as seen on the chart. Stop under the previous low. As always...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assis
Pair : GBPNZD ( British Pound / New Zealand Dollar ) Description : Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " A " Corrective Waves Symmetrical Triangle as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
this chart is going to complete a head and shoulder pattern in the daily chart. of course, you have to wait for the validity of this pattern. the validity of the head and shoulder pattern is it should break the neckline. otherwise, it’s not a valid pattern.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP-NZD broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up!
H1 - Bearish trend pattern. Strong bearish momentum. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
GBP-NZD broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up!
H1 - Strong bearish momentum. Currently it looks like a pullback is happening. No opposite signs. Expecting the price to move lower further in the short term after pullbacks until the strong resistance zone holds.
The GBPNZD has undergone a significant upward movement recently, demonstrating a pronounced bullish trend on the 4-hour chart characterized by higher highs and lows. The retracement observed presents a potential buying opportunity, with target levels set at previous daily swing points. It is crucial to underscore that this analysis is presented solely for...
I foreseen a Head and Shoulder pattern being formed on our 30 minutes chart. This gives us a long sell with opportunity to pockets many TPs before our target. A proper risk management is required though. Please follow me for more analysis
We are losing selling pressure at this liquidity level, which could lead to a potential rebound. This provides us with potential buying signals to explore new higher points, notably the level 2.07294. Therefore, we are opening a long position to initiate a purchase and attempt to reach this new higher level.
Yearly: The market is entrenched in a multi-year downtrend. Despite yearly structure breakouts, rejections from the CIP level have been consistent, indicating strong resistance. The failure to breach upper yearly resistance suggests substantial selling pressure. A post-breakout bearish buildup implies a high likelihood of further downside in the coming...
Hello, according to the analysis of the GBP NZD pair. There is a good opportunity to buy as the pair exits the side channel as shown in the analysis. It also broke the strong Double Bouton pattern. And breaking the resistance at the level of 2.05500. All of these factors confirm that the market is for purchase. Good luck to everyone.
GBP-NZD broke out of The bullish wedge While trading in an Uptrend which confirms The bullish bias we had So now a further move up Is to be expected