GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart. The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum. A downward movement towards the 2.0833 level is likely.
GBPNZD is currently forming a Harmonic Pattern (XABCD) along with a Trendline on the 4-hour time frame. This pattern indicates potential price reversals or continuations based on Fibonacci levels. Point D of the pattern is situated at a key Support level, suggesting a possible bullish momentum. Entry and Stop Loss: Based on the analysis, the entry point is...
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action from here as price rejected perfectly for trendline + liquidity zone. Fundamental news: Upcoming week on Wednesday we will see result of Unemployment Rate on NZD,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPNZD has been overall bullish , trading within the rising channel in blue. Currently, GBPNZD is in a correction phase, approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong area...
✅GBP_NZD will soon retest a key resistance level of 2.104 So I think that the pair will make a pullback And go down to retest the demand level below at 2.097 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the...
Price is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10271 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 2.11720 Why we like it: There is a pullback resistance...
I wanna buy GN this time. After few short intraday, chart is giving me some buy signal. I buy a little , lets see what happens.
Hello,Friends! GBP/NZD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level...
Okay okay okay, my aim today is the Monday's price low, so I'm waiting for the price to retrace to the deep premium price so as i can sell with high probability, lets check out how the price will price will play make sure you remember to follow me, like and comment if you have something for more hind sights, lets meet here
GBPNZD is showing bullish divergence and it break its Last LH which shows potential HH buy on CMP
GBPNZD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. We expect a pullback to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
GBPNZD already making higher highs, now retesting its daily support. Personally longing this trade on a funded account! >1:4 RR
GBPNZD has formed a double top pattern in the presence of divergence signal, which indicates trend reversal.
Pair Name : GBP/NZD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 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 ) Type : Mid Term Swing ——————————— Bearish Break...
Going with the trend for 3 days Long .. after getting rejection from Strong weekly AOI and entering as directed by Arrow line
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...