Hello,Friends! Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.080. ✅LIKE AND COMMENT MY IDEAS✅
The GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of an uptrend, potentially leading to further advances in the coming minutes or hours. Key Point s: Recent Price Action: The recent price action shows the price holding above the...
💵Pair Name GBP/NZD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
RSI DIVERGENCE (BEARISH) after the price goes up to take the liquidity, it might want to come down to test the FVG area. Or it might create QML
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.
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
OANDA:GBPNZD SHORT position can be taken in the specified ZONE There is no position before the ZONE
Hello traders, Wave 4 has probably ended at 2.06752 zone. Wave 5 is aimed at getting to 2.09560 zone. Thanks.
GBP-NZD broke out of The falling channel pattern And the breakout is confirmed So we will be expecting A further move up!
GBPNZD Under Pressure! SELL! 🔥My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.08111 Bias - Bearish ——————— Goal - 2.07022 Safe Stop Loss - 2.08732
GBPNZD took out all the BSL last week, so am looking to short GN for second re-entry with IDM entry. Looks good. Let me hear you out under the comment section.
- Price swept an old major high and closed below it with bearish pressure. - As you see on the charts after liquidity sweep price dropped 150 pips sweeping the last minor low and started a pullback to extreme order block 2.08000. - On a lower time frame (LTF) we can observe that price swept all internal liquidity and started going bearish forming minor equals lows...
Price formed a daily double top, so I'm waiting for price to break H4 support to continue bearish.
Hello everyone, on GBPNZD I'm looking for a bullish continuation and I'm aiming for EQH as TP.
GBPNZD has given the clean breakout of long term Head and Shoulder pattern. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 2.0900 followed by 2.100
another one I will be looking at this week, should this mitigate the zone I will take it,
My analysis based on volume data indicates a high chance of NZD strengthening and GBP weakening.