There's strong downward momentum observed on the HTF, with price forming a double top followed by a downward move. Currently, there's a consolidation phase just through the previous swing low. I'm awaiting further confirmation before considering my next move.
Given the potential inflection point at hand, it's crucial to wait for clear confirmation signals. I'm...
GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower.
Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ).
Stop loss is at 2.1225 which is a level that sits above a pullback resistance.
Take profit is at 2.0417 which is a swing-low...
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...
Pair Name : GBP/NZD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break...
My dear subscribers,
My technical analysis for GBPNZD is below:
The price is coiling around a solid key level - 2.0843
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.0938
My Stop Loss - 2.0792
About Used Indicators:
By the very...
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.100.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.094 level.
P.S
We...
-Daily +OB still not swept, looking for a 15min -1hr CHOCH to occur so I buy from there.
- IF it fails I would sill look for a weekly BISI to buy from.
22nd April to 26th April Week Analysis.
It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it!
Watch the charts, If you like then do follow on X and Tradingview.
✅GBP_NZD is going down
And the pair broke the key
Horizontal level of 2.1030
So we are bearish biased
And we will be expecting
A further move down
SHORT🔥
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. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBP NZD here we can see that price created a up trend line got break sweeping all the liquidity which are imbalance before now price have to sweep the liquidity at support zone, make a short trade as shown in the picture, follow for more live updates
GBP/NZD is trading close to a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 2.1033 which is a pullback support.
Stop loss is at 2.0983 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 2.1106 which is a pullback resistance that aligns close to a...
