1.9520 strong resistance broke on 22nd & 28th February but not able to sustain price higher and closed below 1.9520 that is indication as a fake breakout. 28th daily key reversal bar made a new high closed on the low indication for weakness for coming days. 1st March daily insurance bar confirms further weakness ahead. target is 1.8870.
PRICE has been moving down impulsively from a value area and has created several entry opportunities of which the current formation is latest..shorts activated on breakout
Hello traders! ‼️ This is my perspective of GBPNZD . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to make the retracement and then to reject from bullish order block + institutional big figure 1.93000. Like, comment and subscribe to be in touch with my content!
GBPNZD has formed a bearish alternate bat pattern. This is a good trade opportunity to take. Trade with care. I will update at here if the trade opportunity is given. Do follow and boost if you found this idea helps.
Last week we looked at this and it had not swept the high of the wick we were after, it has done that (only just!) right now. I am officially in LIVE on this trade, stop and profit levels are shown. This is my analysis, trust your own. Any trade for the rest of the week will more than likely be demo only as only 1 live trade gets taken at a time as a measure of...
gbpnzd next move possible to sell because gbpnzd in suuply area
Hello traders! ‼️ This is my perspective on GBPNZD. Here we can see that price took buy stop liquidity, formed a normal divergence and rejected from institutional big figure 1.93000, so I am looking only for shorts. ‼️Attention!!! Due to the fact that we have news events on GBP & NZD this week, the analysis can be invalidated. Like, comment and subscribe to...
Waiting for a pullback to retest 1.91986 to long GBPNZD back to 4H swing high at 1.93737 If you agree drop a like and if you have any questions leave a comment :)
Just an idea that I have that might work. The buy is running smooth and will also be the 3de touch of resistance and then might have a big bounce off. TP 1 Will be at 1.91537 and if it will from a nice trend down we might see TP 2 at 1.90019. Please leave a like and comment if agree or not.
After GN bounced off at a resistant price value at 1.9237, it has retraced to last week Friday's range. GN has a poor momentum to be bullish for now and hence technically, i see GN re-visiting this weeks Monday's low at 1.8997. But I do expect GN to close this week below its previous low at 1.8997. Currently trading a bit above the 78.6% fibo mark. NB: Eyes on...
Sorry for the lack of posting, I have been having some good success with set ups, I just forget to share them here. Another idea for GN, that last one paid out at 18:1 RISK REWARD. Only looking for shorts should that wick mentioned be swept (price takes it out). From there I will drop to a lower time frame for my entry, but even just setting a sell limit order on...
GBPNZD is trying to complete the ABCD pattern and also potential bullish crab pattern. Price broke the support level of 1.9057 and now going to retest. This is a good trade opportunity to take. Trade with care. I will update at here if the trade opportunity is given. Do follow and boost if you found this idea helps.
Hello traders! ‼️ This is my perspective on GBPNZD . Here we are in a bearish market structure from H4 timeframe perspective, so I am looking only for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from institutional big figure 1.91000. Like, comment and subscribe to be in touch with my content!
GBPNZD has the best B&R structure looking for next week, however on the weekly and daily timeframe it's not that lucrative because of the structure is breaking out of the structure and breaking in again. I personally wouldn't take the trade because of it breaking out and in on daily and weekly structure
GBP/NZD SHORT IDEA Trend: Bearish Liquidity towards the top side Long Term Play Will look for confirmation on a lower timeframe.
The GBPNZD is currently completing a bullish Gartly harmonic pattern therefore we want to take advantage of the short to point D. It is at Point D that we will buy the GBPNZD all the way back up to point A. Please share your thoughts. Disclaimer NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences,...
Expecting the bearish continuation on GBPNZD, GN had a sell rally since last week, but today's NZD unemployment data gave a weaker NZD report which made an opposite move on GN. But failed to the upside and has revisited its initial entry zone. expects the market to return to 9th Jan's low and if not a price reversal to form a consolidation, I'm still interested...
I believe we have good entries for shorts in these 3 pairs based on Wyckoff distribution schematic. #gbpnzd #euraud #gbpaud #audusd #technicalanalysis #wyckoff #wyckofftrading