Here is our detailed technical review for GBPNZD. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.079. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon. P.S Overbought describes a period of...
✅GBP_NZD is about to Retest the broken rising Support which is now a Resistance so we are Bearish biased on the pair And so we will expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
We broke a major structure alongside a resistance trend expecting more upside
. 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
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. I am bearish on the pairs, more downside should be there. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and...
I'm excited to share an insightful observation regarding my current trade position. Upon conducting a thorough analysis on the daily time frame, I've identified a bullish fair value gap, signaling a promising upward trajectory for our trade. The bullish fair value gap suggests that the current market price is below its intrinsic value, indicating potential...
Hello,Friends! We are going long on the GBP/NZD with the target of 2.109 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Bulls have shown up and I believe we will see a short term uptrend. Targets are in 1x, 2x and 3x Stop Loss, and coincide with key resistance levels. 🚀 Entry = 2.07745 ☠️ SL = 2.06585 🏆 TP = - 2.08908 - 2.10055 - 2.11221
Balance of buyers and sellers on the GBPNZD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair. ❤️ Please, support our work with like & comment! ❤️
Looking forward for liquidity grabs. And possible new price range
✅GBP_NZ D fell down sharply But a strong support level was hit at 2.0672 Thus as a rebound is already happening A move up towards the target at 2.0754 shall follow LONG🚀 ✅Like and subscribe to never miss a new idea!
📢 Signal: BUY GBPNZD 📈 Entry Point: 2.07375 🔍 TP1: 2.07675 🎯 (30 pip TP) TP2: 2.07900 🎯 (55 pip TP) TP3: 2.08125 🎯 (80 pip TP) SL: 2.07075 ⛔️ (30 pip SL) Ensure proper risk management when following signals! 💡 @Mr_Bombastic_Signal
Upon W sz being in control and the 10H supply created upon TL break and break of character, There is a 15M supply zone left behind. Thought of taking this short already in and working.
Elite Strategy Rules Based Price came into daily structural liquidity Transitional switch was confirmed on the 1 minute time frame. Transitional switch was confirmed on the 3 minute time frame. Transitional switch was confirmed on the 5 minute time frame. Targeting lower liquidity pools Executed on the 5 minute time frame
Hello,Traders! GBP-NZD broke the rising Support line and is now Making a retest of the line Which is now a resistance And from where we will Be expecting a local Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the downward direction. ❤️ Please, support our work with like & comment! ❤️