Take a look at our analysis for GBPNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2.070. The above observations make me that the market will inevitably achieve 2.056 level. P.S The term oversold refers to a condition where an asset has traded...
GBPNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPNZD Entry - 2.0738 Sl - 2.0820 Tp - 2.0567 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD formed a cute double top formation after a test of a key horizontal resistance on a 4H time frame. Because the pair is quite overbought, we may see a retracement from the underlined blue area. Goals: 2.068 / 2.061 ❤️Please, support my work with like, thank you!❤️
There was a good bullish rally in the last days for the sterling. It is not a good idea to enter in a deal right now, because we have a lot of signals for a correction. Once we have a correction we could look for a entering in a buy position. The best place is at the eclipse. We should look for a confirmation - bullish divergence or a candlesticks formation.
as the dollar is rising and NZD falling while GBP is keeping somewhat a stable structure. we can say that the pair is ready for a bullish trade.
✅GBP_NZD price went up sharply But a strong resistance level was hit at 2.0821 Thus, as a pullback is already happening And a move down towards the target of 2.0715 shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
GBPNZD Poised To Rise Further During this week GBPNZD broke out from a large bullish pattern. It is not clear if this bullish volume will continue for a long time. However, on the current picture, GBPNZD looks poised to rise further. The first resistance zone will be near 2.0865 and the second zone could be near 2.0920 After the second zone I would like to...
After a down move market seems to be creating higher highs and higher lows and breaking structures to the up move
Odder block 1 go short... The market was ranging now we got our continuation that enables us to reach the dominant odder block to take short positions use proper risk management your tp is on the first lower odder block..
Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Technical outlook for gbpnzd on daily chart, for the long term view it seems that we just finished the third wave after the correction (wave 4) or the (pullback ) confirmed , and now we're starting the fifth wave the (impulsive wave), this wave moves in the direction of the overall trend but is usually sluggish and nearly as dynamic as the third wave of an Elliott...
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
The market trend is currently bearish, with lower lows and lower highs. It's approaching a strong resistance level marked by a trend line. Every time the market touched this line, it tended to fall. Now, on the one-hour chart, there's a double top trading pattern, and its neckline has been broken downwards. We'll look to enter trades on retest.
We took this trade yesterday. Just look at how it responded over night and i woke up and boom target hit. We don't guess here.
Price seems to respect the top of the bearish channel plus price is at the top of the KC channel and both 1h and 4h RSI is overbought, maybe we will see some downside
GBPNZD Short at LH (also 0.5 FIB , trendline resistance intact) SL , TP mention in chart
Hi there, GN looks bearish but is over a low support zone denoted as (A). At this level, the price is currently neutral. The price could go up to form a (B) high, but there is no way for me to know where that B-high might be, but on schematics, it will potentially be near the 2.06. The significant area is 2.04073; there needs to be a lower high that breaks (A),...