GN price extended, took previous month high which enticed high TF traders. Expectation is a entrancement to at least 50 Fib level Follow for final result :) Entry: 2.06967 SL: 2.07537 TP: 2.04474 RR: 1:4.4
Hi folks, I have been waiting for a long time to open a strong short position for GBPNZD. The time has come! Prices reached resistance level in daily chart. At the same time you can see strict RSI and CMF divergences happening now. News support short position too. My TP is 2.01 but you can make it 1.97 to earn more money. Good Luck!
As we can see from our last setup (see chart below) the FX:GBPNZD pair reached our first target around 2.0087, but at the same time, I don't rule out reaching our old Target 2 (now Target 1) around 1.9850 area. Technically speaking, the pair might develop something like an ABC Pattern as the main trend still remains bullish on intraday chart. PREVIOS ANALYSIS...
gbpnzd h4 setup gbpnzd next move possible to sell 1.09500 sell and hold target
Im Will Short GBP-NZD , the chart its looking very bearish so my entry will be that.
Waiting for a retest of 2.00098 to short GBPNZD back to daily key level at 1.96751 If you agree drop a like and if you have any questions leave a comment :)
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...
Every trade idea is shared for educational purposes. Do your due diligence before taking any position. Past results does not guarantee future results
Bearish Divergence is formed and playing... According to Dow Therory trend is forming a new lower low. NZD is bullish and GBP is looking weak. Take 2% risk of your account. Entry price: 2.00277 Stoploss: 2.01058 Take Profit1: 1.99498 Take profit2: 1.98715
FX:GBPNZD Sell in Price 2.0177 SL: 2.0265 FOREXCOM:GBPNZD FX:GBPNZD TP: 1.9972 _ If the price 2.0177 is not reached and the take profit is touched first, the transaction will fail... ,,Good luck
In the one-month time frame, GBPNZD has mitigated the long-term supply zone (in red). The long-term outlook on the monthly time frame is largely bearish, though the pair was in bullish mitigation or correction. Presently on the monthly time frame, we have strongly protected highs with weak lows confirming our bearish market structure. After the bullish correction,...
GBP-NZD broke the rising Support line and the breakout Is confirmed because the 1D candle closed way below the Broken support thus making is Bearish biased which means That after the pullback And retest we will be Expecting a bearish movement Towards the 1.93 area
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...
I will be considering a sell when the 1HR closes. The market must trade through the current 1HR Low for a validated entry. The market is reacting beautifully to the 2.01000 level with rejection. Also the 20EMA/50MA are in a confirmed downtrend. I will be taking this trade into new lows as a target.
The main trend is bullish, but at the same time, the pair could trigger some corrective structure in the short term. If this idea is correct, it is possible for ABC Patterns to appear on hourly chart. Note: Updates will follow below. Trade with care! Like if my analysis is useful. Cheers!
The price is now at the market structure area There is a high selling liquidity at the specified points You can sel l when the market opens Or wait at >> 2.02985 SL >> 2.0338 TP1 >> 2.0186 TP2 >> 2.009
LOB entry on GBPNZD 15 Mins for a Short position. SL Above the Asian session.
The price has been on uptrend, we expect the line to test the trend after a rally upward