Waiting for a retest of 2.06225 to long GBPNZD back to Weekly key level at 2.09244
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Here is my analysis for GBPNZD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
There is a Bullish divergence present at the moment.
A bullish trend would be confirmed once the first LH (Lower high) is broken and the first HL (Higher Low) and HH (Higher high) are formed.
As part of my personal trade plan, I intend to enter a long trade with a 1:1 risk/reward ratio.
However, it is essential that you conduct your own thorough research and...
Firstly, I want to congratulate those who follow my short sell signal of GBPUSD in my previous Idea.
Technical Analysis :
In a weekly Time Frame GBPNZD is approaching the Major Resistance area of 2.10500. A Massive rejection has seen many times in past. Whenever GBPNZD reached 2.10500 level a strong rejection occurred and trader hold GBPNZD sell trades for...
Hello Traders
In This Chart GBPNZD 4 HOUR Forex Forecast By FOREX PLANET
today nzdcad analysis 👆
🟢This Chart includes_ (GBPNZD market update)
🟢What is The Next Opportunity on GBPNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: As I said in my previous analysis I expect price to make a retracement on daily timeframe, so on 4H we can see that price took buy side liquidity and rejected from bearish order block, so I opened a short position.
Fundamental analysis: Upcoming week we have news on GBP. On Wednesday will...
We had price break a major level making a new high. With the new high made this is called our indication. Which means that with the right momentum we can expect price to come back to that high after a correction. Due to price being on a uptrend which means no lows have been broken we can anticipate that price is bullish.
GBPNZD - 24h expiry - We look to Buy at 2.0415 (stop at 2.0365)
Previous support located at 2.0400.
Previous resistance located at 2.0500.
Price continues to trade within the triangle formation.
We expect a reversal in this move.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending....
GBPUSD is showing a really good STRENGTH from last week, right now we are reaching OVERBOUGHT levels but DIRECTION on this trade is still LONG.
#1 ENTRY (Risk Entry, Good Reward) -: Enter LONG only when price pullback to the BASELINE/Automated KEY ZONE.
INVALIDATION
Invalidation on this trade happens only when DXY SHORT play get invalidated (See the...
Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill that huge imbalance lower and then to reject from bullish order block + institutional big figure 1.99000.
Fundamental analysis: Upcoming week on...
Cup and Handle formed on GBPNZD.
The price broke out which gave a great entry signal.
We could even wait for the price to retrace back to the Brim level and get an even better entry.
7>21>200 - Bullish
RSI >50
Target will start off at 2.198. But once it breaks higher, we'll see more formations.
Smart Money Concepts
Sell Side Liquidity formed just below...
When we look at the pair there are more bullish signs and bearish signs hence we are only looking for buying opportunities.
We have listed the reasons for our bullish basis below:
1: Higher times frames show a strong bullish trend.
2: Lower bullish channel test and potential bounce.
3: Up-trendline test and bounce.
4: Pair us making new highs which signal a...
GBPUSD Short term Bullish Play to find Fair value Liquidity for further Shorts after some Weak CPI Figures this morning, Traders from Wednesday closing full short positions or deleveraging should create some bullish bias once the UK Market closes 5:30
Price broke past 8 hour structure, along with a retest of the daily 50 ema & order block. These are signs that price may want to reverse tp the upside. I'm expecting a full retest of my POI (Point of interest) to look for a buy entry. This is a potential 400 pip move. So make sure to stay updated
