The price has broke the strong resistance indicating that the price may follow the bullish movement.
✅GBP_NZD has established a Double bottom then went Up and broke the key horizontal Level of 2.057 which is now A support level from where I will be expecting growth LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Bullish W pattern is expected to be formed on H1 and is bullish for the pullback on D1. Long entry can be made on pullback. Happy trading!
The RULE alternation for ELLIOT WAVE States that you cannot have the exact same correction on two correction phase in a motive wave . WAVE 2 has a flat correction whereas WAVE 4 has a zigzag correction satisfying elliot theory POSSIBLE REVERSAL FOR about 500+ pips
IN the 4H WE see the QM and in discount area in 15 . we can see good and nice QM pattern that show new trend after all we see nice RD + in RSI indicator that show weakness of buyers FROM Mehrab
We got a harmonic pattern + RSI Divergence might be a good opportunity to sell. PS : Never risk more than 2% per trade.
GBP/AUD Short • If price impulses down, it does so in a convincing manner and a subsequent tight flag forms, then I'll be looking to get short with either a reduced risk entry on the break of the flag or a risk entry within it. • If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises. • If there's any...
GBP/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 2.05730 which is a pullback resistance that aligns with the 23.6% Fibonacci retracement level. Stop loss is at 2.07000 which is a level that sits above a pullback resistance level. Take profit is at 2.02931 which is a pullback support...
in 4h timeframe we have good pattern...maybe this way work maybe
GBPNZD - 24h expiry - We look to Buy at 2.0470 (stop at 2.0398) Price action looks to be forming a bottom. Short term RSI is moving higher. Pivot resistance is at 2.0575. A move through 2.0575 will confirm the bullish momentum. The measured move target is 2.0700. Our profit targets will be 2.065 and 2.105 Resistance: 2.0550 / 2.0650 / 2.0700 Support:...
GBPNZD is making a crab pattern with a Bearish Divergence near a supply zone.
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 How To...
GBPNZD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPNZD Entry Level - 2.0537 Sl - 2.0644 Tp - 2.0359 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD is making a Harmonic BAT Pattern. There is divergence too. 0.786 & 0.886 are imp Fibonacci Numbers to reverse it's Trend. The Price already tested the 0.786 Fib Level. Now for exact it can go to 0.886 for ideal Pattern. But it can also reverse from 0.786 Fib Level. My Stop Loss is above from the 0.886 level. if it tested my stop loss won't Hit. Will...
A bearish Crab Harmonic pattern can be seen coupled with a bearish divergence.
gbpnzd make higher high and higher low and i expect that bullish trend continuous i also saw divergence n bottom of trend that why i am takin long entry
price has reached the 4FVG its respecting the trend we expect price to reverse from this point