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
Im Will Short GBP-NZD , the chart its looking very bearish so my entry will be that.
it seems that the strength of down-trend is getting weaker and it's suitable for Buy (Long Position)
Hi, according to my analysis of the GBPNZD pair. There is a high probability of falling. With the bullish channel flag broken. The price is trying to retest the resistance area 1.01350. Although this area is the 61% Fibonacci retracement of the golden ratio. I wish you success in this transaction .Note: If you like this analysis, please give your opinion on...
I will enter with a short under the enter area , first we need to wait for a breakout of the support line
OANDA:GBPUSD GBP/USD is building strength to recover from near the 1.2455 support as the US Dollar Index (DXY) has posted downside momentum after seeing a high of 102.70 early in the European session . It is expected that Cable will strengthen its force after breaking through the immediate resistance of 1.2485. GBP/USD has slipped below the Rising Channel chart...
Divergence is there. NZD dumped and become bearish for now... The bearish Trend line is also broken. Take 1% Risk of your Account. Entry Price: 1.99596 STop Loss: 1.98434 Take Profit: 2.00758
Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan,...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.99000. Fundamental...
Gbpnzd upper levels to be filled, eurnzd should be alot smoother
Here is my view for GBPNZD on April 27th for H1. 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!
Based on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan,...
Waiting for a pullback into 2.01261 or into 2.00335 to long GBPNZD back to the Weekly key level at 2.04692 If you agree drop a like and if you have any questions leave a comment :)
A bullish divergence can move the price up. The price is already moving in an upward channel
Fibonacci support hits and took off so pretty much HH and HL formed so looking for next HH now and going for buy/long at 1:2.
1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens. Indicators: RSI tested MA and might push to the upside. MACD: EMA crossover to the upside.
GBPNZD SELL set up to 1.9842-1.9816, sl 1.9984 Technical setup is based on MACD divergence + Supply & Demand