My dear friends, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.0832 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.0938 Recommended Stop Loss - 2.0763 About Used...
The market bounced off the resistance zone, making an impulse move. FX:GBPNZD reached a strong weekly resistance and formed a bearish candle, which suggests that the market is most likely to pullback toward the support level. The market failed to make a new high after three attempts to break the resistance zone, which indicates the bulls are running out of...
1. PSTG 1 TO BE hit 2. PSTG 2 TO BE hit 3. Market WILL retest on the zone i predict that it is going retest at. ///trade///
Looking for more buys on GBPNZD 3 touch confirmed and a bullish structure formation
The pair is currently trading in range forming a symmetrical triangle. After an uptrend the symmetrical tringle is continuation pattern idicating that breakout can see the uptrend continuation.
A #long trade opportunity recently presented itself on the #poundkiwi (#GBPNZD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern on the 2.08563 horizontal support level. This indicates a fakeout (fake breakout) of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy). Sufficient upward momentum should...
. 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
Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.😉😉
. 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 bullish butterfly pattern is another type of harmonic pattern in technical analysis. It's formed by four distinct price swings, with specific Fibonacci relationships between them. The pattern resembles the shape of a butterfly, hence its name. Here's how the bullish butterfly pattern typically forms: 1. **Initial Move (X to A)**: The pattern starts with a...
GBPNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
Yesterday, the price failed to maintain its bullish momentum and broke the bullish FVG. As I mentioned in my previous post, in case of a break in the bullish FVG, we will look to sell until the recent bullish FVG, which is available at 2.03234. The favorable point now is that a new bearish FVG has been established. If the running candle closes at its present...
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.
GBP/NZD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10558 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 2.09520 Why we like it: There is a pullback support level which...
GBPNZD already making higher highs, now retesting its daily support. Personally longing this trade on a funded account! >1:4 RR
GBPNZD is neutral on the 1D time-frame (RSO = 52.651, MACD = 0.004, ADX = 24.344) as the price is consolidating after the rebound on the 1D MA50. The Resing Wedge pattern is constantly pushing the price higher and as long as the 1D MA50 holds, this is the bullish wave to a HH. The two HH prior were formed on the 1.5 Fibonacci extension, all validated by a 1D MACD...
GBPNZD is trading in rectangle after a bullish move, there is no diversion on RSI and we can anticipate bullish breakout from rectangle.