OANDA:GBPNZD What I'm looking at right now. My entries and exits and stoplosses... Definitely very bullish... Weekly bullish Daily bullish 4H bearish...
GBPNZD in sideways trend with EP, SL and TP 1 & 2 with the help of support & resistance.
PRICE ACTION BIAS D: BULLISH, H4 BULLISH Price retrace back into H4 horizontal level and rejected from it. In H1, price form a new high closing upside. Forming a strong moment candle. In M15, price make a market structure shift towards upside. Set a long trade at broken resistance level.
Try adding to your winning positions. Close your losing Positions As SOON As You CAN!!!
GBP/NZD currency pair from both technical and fundamental perspectives: Technical Analysis : - GBP/NZD is currently trading in a downtrend. - Key data points: - 1-day change: -0.08% - 5-day change: +0.17% - 1-month change: +1.61% - 6-month change: +2.64% - Year-to-date change: +4.67% - 1-year change: +6.89% - 5-year change: +9.47% -...
So I have seen this lovely little trade on this pair. We have an Inverted Heads & Shoulders pattern which we have broken the neckline and are close to re-testing. Upon touching the neckline I will wait for an entry candle (Bullish Engulfing, Bullish Pin bar, or a 3 candle reversal). I have extended my TP to meet the -0.272 on the Fib in line with the fib strategy...
It is the weekly setup for the GBPNZD based on price action and trend analysis. Possibly bullish trend is expected after retracement and confirmations.
Hey there. Price action let's us think about the short :) All the details are shown on the graph. Good Luck to All! 😎🙌🏽❤
GBPNZD Price : 2.08880 Trend : UP and the prices reached to strong support level on daily chart Transaction: Buy Technical analysis failure at level : 2.08200 Technical analysis success at level : ( Target 1 : 2.09500 - Target 2 : 2.1000 )
Pair Name : GBP/NZD 1 DAY RELATIVE PERFORMANCE GBP 0.06% / NZD 0.54% Time Frame : 4hrs ------ 🌐 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 After Retest ) Type : Mid Term...
Price above the monthly cloud timeframe Price above the weekly cloud timeframe Price above the daily cloud timeframe On the H1 timeframe, I'm waiting for the price to move above the cloud to signal a buy setup.
Good morning traders. The NZD dollar weakness in continuing. I enter long position at market prices. SL: 2.0895 TP: 2.1287
BUY GBPNZD for uptrend continuation STOP LOSS : 2.0801 There is a strong trend on the daily time frame and all that have happened in the past days was just consolidation ( or trend pull back before continuation) ..... The daily time frame is showing strength continuation from this level of support and resistance so we are looking for the trend to push forward...
here we have two scenarios. for the bear we have 4h supply in control, should the market retrace into the entry area. for short term shorts we could consider. on the other hand we have a weekly daily 4h nested demand. also a weekly wow. if the market activated shorts first without entering the great area. I would take the trade. however should the long enter...
Price broke above the Resistance which is now acting as Support I expect a double bottom being form at support and wick rejection
Buying GBPNZD 15 min, divergence and daily up trend.
As you can see price is establishing a corrective phase whereby i expect to drop until the liquidity area just below 1.08000. I will wait for price rejection there and clear buy confirmation. My overall bias is to the upside but for now lets watch the short term sell playout. Have in mind that GN structure is bullish