📉🚀 GBPNZD Market Analysis: Preparing for a Potential Downtrend! 🎯💼 Forex Traders, here’s a critical update on GBPNZD: OANDA:GBPNZD 🔄 Double Top Formation: GBPNZD has formed a double top chart pattern at the top of the current uptrend, indicating a possible reversal. 📉 Neckline Approach : The pair has reached the neckline of this pattern. A definitive...
After the 3rd bounce and retest of the wave 'B', the GBPNZD is ready for the wave 'C'. wave '1' of wave is forming at this point. Goodluck.
Hello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on EURNZD 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...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP NZD Price is in bullish trend as per daily, RSI divergence appeared, right now price respected the support, if broken this support and trendline there is high probably chance price will move bearish to the next support level.
GBP/NZD LONG " break of structure + 72%fib retracement + 200ema dynamic support "
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...
GBPNZD is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH. What you guys think of this idea?
Pure price action based on support and resistance and trendlines
OANDA:GBPNZD Price currently at the possible rebound area where we can expect price to reverse from, upcoming weeks expecting GBP to be bullish against NZD. However, first we will have to wait for price to reject and rebound strongly. Based on that you may take entry using accurate risk management. At least eying at 700-800 pips. Good Luck and Trade Safe....
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.0890 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.1001 About Used Indicators: The pivot point itself is...
✅GBP_NZD fell again to retest the rising support But it is a strong line So I think that there is a high chance We will see a bullish rebound and a move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Opportunity for long on the theory markets range 70% of the time
GBP/NZD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10558 Why we like it: There is a pullback support level which aligns with the 50% Fibonacci retracement. Stop loss: 2.09520 Why we like it: There is a pullback support level which...
Expecting upside movement from this area with possible targets marked.
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
The market bounced off the resistance zone, making an impulse move. FX:GBPNZD reached a strong weekly resistance and formed a bearish candle, which suggests that the market is most likely to pullback toward the support level. The market failed to make a new high after three attempts to break the resistance zone, which indicates the bulls are running out of...
Looking for buy in reversal trend target order block zone.