GBPNZD in the descending channel is pulling back to the confluence level. The market overall is bearish, so we anticipate a price move down from the resistance. Price created a confluence level where we have a bearish harmonic pattern channel border and dynamic resistance as well. We expect to tap into the resistance zone and continue trending...
Expecting a chart pattern to happen (a DB) then I wait for confirmations before going in.
This Week FORECAST Opportunity for GBPNZD. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
On a daily basis, GN faced rejection at the resistance level at least four times. Recently, there were some reverse N Waves observed. I entered a second time as the trend went against my expected direction.
💹 Forex Quick Check: #GBPNZD 📉 Trend: BEARISH 🚀 Action: SHORT @ 2.06422 🎯 TP: 2.04046 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD will go down in upcoming days. The reason behind this is that it retest the major resistance zone and hen form a bearish trend same as previous history. We will go for...
GBPNZD looks bearish making lower low and lower high and already made strong bearish divergence that's why i am taking bearish entry. what do you think?
Have a look at that bearish imbalance that was formed on GBPNZD on a daily time frame on Friday. With one single bearish candle, the price violated a neckline of a descending triangle formation and a key horizontal support. The market is retesting the broken structures at the moment. I believe that a fall will initiate soon. Next support - 2.0372 ...
Hi Guys. The GBP/NZD pair is approaching a support level that has some nice confluence to warrant a possible long trade. The shaded box it is approaching is the fib golden zone from where the pair bottomed to its recent high. There is previous resistance likely to become support that has not been used yet. 50 day MA ( orange line) is hovering in there and...
Waiting for a break and retest at 2.06302 to short GBPNZD back to Daily swing low at 2.00643 If you agree drop a like and if you have any questions leave a comment :)
Here we go ! Let see the figure and be patients. Good luck !
GBPNZD nicely respected a major horizontal resistance on a daily. After its test, the price formed a descending triangle formation, then we saw a breakout of 2 major supports. The pair will most likely keep falling. Goals: 2.0375 / 2.024 ❤️Please, support my work with like, thank you!❤️
💵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 ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish...
GBPNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPNZD Entry Point - 2.0535 Stop Loss - 2.0445 Take Profit - 2.0723 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal after we hit strong overhead resistance at 2.0900. currently risk/reward shifted in bears favor. 🔸previously V-shape recovery completed at 2.0900, however right now bears will likely take over in this market. below bears will target mirror s/r level at 2.0300. strong risk/reward on...
GBP/NZD has hit a line of recent resistance from last week and appears to be decling from this level. This level coincides with the Pivot Point Supertrend SELL signal. On the H2 time frame the RSI is well into over bought territory reading 76 and we're alos at the WM3 Pivot so all signs are that GBP/AUD BEARS will enter here and attempt to drive the price...
The price perfectly fulfilled my last idea. It hit the target. FX:GBPNZD pulled back to the support level after a bullish move on the daily timeframe. Price broke the previous resistance zone, which is the support level now. I think if the price rejects the support level, we will have a pullback into the range zone. I expect a bullish move from the support level...