Please, check our technical outlook for GBPNZD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2.110. The above observations make me that the market will inevitably achieve 2.136 level. P.S Please, note that an oversold/overbought condition can last...
GBPNZD already making higher highs, now retesting its daily support. Personally longing this trade on a funded account! >1:4 RR
GBPNZD Price : 2.1028 Trend : Up on daily chart Transaction: Sell Reasons : Today the resistance on hour chart has been broken at the level ( 2.0975 ) which making the way opened to new high records next few days ( all reason mentioned on chart ) Technical analysis failure at level : 2.0890 Technical analysis success at level : TP1 & TP2 ( check the chart )
GBP/NZD hit our target nicely here, as we had a BOS. 3.84 Risk to Reward. STEP1. Ensure there is a strong trend STEP 2. Ensure there is a corrective mode Step 3. Look for Break of Structure above the previous swing high STEP 4, Ensure your risk to reward is 2-1 STEP 5. Use the FIB extension tool to predict .618 as target. Chris Head Coach & Mentor
GBPNZD Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell Risk and Reward Ratio is 1:17 After 50 pips Profit Set SL Entry Level "DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by...
Pair Name : GBPNZD TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 450 Pips (TP1/Up+85 Pips) Expecting More Upside ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then...
Trade #1 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.11718 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.12814 Risk to Reward Ratio: 1:2
Trade #1 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.11718 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.12814 Risk to Reward Ratio: 1:2
Pair Name : GBPNZD TimeFrame : 4Hrs Direction : Long Type : Swing Target Range : 450 Pips ------------------------------------------------------------------------- Neat and clean chart with clear setup, no junk on chart. ------------------------------------------------------------------------- If you like this idea, then smash like button and follow us for...
Trader Tom, an investing.com technical analyst explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
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...
GBPNZD is trading in rectangle after a bullish move, there is no diversion on RSI and we can anticipate bullish breakout from rectangle.
The pair is currently trading in range forming a symmetrical triangle. After an uptrend the symmetrical tringle is continuation pattern idicating that breakout can see the uptrend continuation.
Its never too late to enter the trades on this pair, aiming for PSTG 1 and 2. The market always has key levels, weak resistance, and that's where we make more money.
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...
GBPNZD has swept out our Buyside liquidity went back inside the range got retested and distributed to the downside and price is now heading for the OB for the final retest before going further down
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,...
I'm expecting an open high to our OB zone then our bearish trend will begin. confirmations will be required. let see how market opens. Good luck✔ NB:NO REVERSAL PATTERNS NO ENTRY.