GBPNZD show a strong support and 1 times price reverse from the support and this time we hope this support pull the price up and this pair start his Bullish Trend. Take trade and RR Ratio according to your account.
Conversion line above Base Line Signalling Bullish trend. Price Touched Conversion line and Rejected. Price Rejected 50 D SMA. MACD Daily Bullish
After hitting Fib Area 61.8 the Short signals from Plutus started PRS and PS. The largest down wave after a while. The large down move wave at regular Speed Index 8.8 which means market agrees with the move. More pips to go!
Oct 12 Hello Traders In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes_ (GBPNZD market update) 🟢What is The Next Opportunity on CHFJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
GBPNZD created a rising wedge pattern under the hourly timeframe where we now witness a bearish breakout on the lower boundary. Here we expect a correction leg to form up and retrace back towards 38% on the fibonacci with the current bullish trend.
Hello friends. Considering the support range and creating an obvious divergence, I think it will rise up to the specified area. what is your opinion? Good luck. # Let's look simply
OANDA:GBPNZD The GBPNZD currency pair has recently reached a significant trend line that could signal a bearish trend toward specific levels. This development is noteworthy as it may have implications for investors and traders who are tracking the performance of this currency pair. The potential for a bearish trend suggests that there may be a shift in the...
I had this pair in my watchlist which has formed a nice double bottom on the daily support. I have currently a long position. NZD was the weakest currency during the week and I think we could see more downside because of china economy underperforming actually, less demands so less exports for New Zealand. Both economy inflation still very high, UK is higher for...
Hello traders, I think everything is perfectly clear in the chart. A broken trend line is a good opportunity to enter a short trader!
While DXY is in consolidation, we move to the exotics for the action. Same framework. same entry criteria. I want to see it come down below 7 am and 730 am open and give a buy set up on the 5m chart before entering.
The price is still offering us further upward correction, which is classified as a fourth wave with a maximum target of 2.03514. Until it reaches this level, it must be followed at the resistance areas to seize selling at any signal. Breaking the upward trend line of momentum is a sell signal. The price breaking the rising trend line is also a selling signal. The...
Hello traders, we want to check the GBPNZD chart. The price has broken the ascending channel to the bottom and then marked the key level and also pulled back the downtrend line. If this level can play the role of a resistance level and the price cannot break this level, we expect the price to maintain its downward trend and fall to around 2.03400. Good luck.
We see a hidden divergence in CMF, so we expect price go up!
Hey Traders, It's vital to be able to draw and understand the long term market in any currency pair. That's what allowed me to call it short several times in the recent past and is why I covered it here: That's because it gives you a gauge of where there is short value and where there is long-side value. This is what professionals and institutions do alike....
Here is the sell setup idea for GBPNZD. Details are in the charts. Remember trade with proper % RISK.
We waiting for bullish impulse from the current support as we measured the distance of previous impulse to determine our exit point what do you think ?