My favorite setup currently is GBPAUD Weekly IRL tapped STRONG H4 market structure shift. Marked H4 BISI's. Want to see strong bullish reaction from one of these gaps on M15 to then long. Target Weekly ERL Same idea with GBPNZD, although GBPNZD doesn't look as good, as we only wicked the highs (compared to strong close beyond on GBPAUD). For this reason, I'm...
My dear subscribers, My technical analysis for GBPNZD is below: The price is coiling around a solid key level - 2.1395 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2.1258 About Used Indicators: By the very nature of the...
GBPNZD BUYS in play. 1. Potential Bullish Trend. 2. GBP is strong meanwhile NZD is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support zone. We will look for confirmations on the lower time frames.
Hello,Traders! GBP-NZD is trading in an Uptrend along the rising Support line from where I think we will see a bullish Rebound and a move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
2023 has been a good trending year for this pair. For the most part, pullbacks have not been deep. Looking at the H4 chart, it appears that we may have formed a base structure, but more importantly a pullback may be ending. IMO the uptrend will soon resume and I want to be onboard if that happens. My trade parameters are indicated on the chart. If my analysis...
Assuming that Wave C has the same length as Wave A, then we can estimate the next target price. Fibo Extension 1 is right in the SND area which is quite positive. With the closure of the week the boss will occur, it is likely that the price will continue the trend bearish to SND
The GBPNZD pair has been trading within a Channel Up pattern since the start of the year and 10 days ago started its technical correction after the new Higher High. The price hit the middle of the pattern and as the 1D RSI touched its Higher Lows trend-line, the conditions for the new buy emerge again. We are placing the first buy of this sequence now and if the...
Analysis : 1. Potential Bullish Trend. 2. GBP is strong meanwhile NZD is weak. 3. Short term sellers pressure. We are looking to go Long on this pair, As the price is heading towards the support and resistance zone. We will look for confirmations on the lower time frames.
Buy GBPNZD with 1:10 RR and high winrate 85%. Reasons for this trade: Mainly the TradeATS system and Dots.
The GBPNZD was rejected by the upper trendline of the ascending channel on 21st August, 2023. made a pull back to the 2.13930 support. Price is currently being resisted by the EMA-50 on the 4HR time frame. A break below the EMA-50 could push the price down to ultimately re-test the EMA-200 support at 2.10941. On the other hand, the fibo retracement could pull...
Hello Traders, The chart above presents a straightforward and revealing analysis for the GBPNZD pair, showcasing two compelling signals of bullish market momentum. Firstly, we observe the distinctive Cup & Handle pattern. The price has successfully surpassed the 161.8% Fibonacci level, now targeting the 200% level, which aligns with the 261.8% extension at...
Hello Traders, GBPNZD has been heavily bullish and with this bullishness, it created imbalances which can also be referred to as price inefficiency which would be made efficient or rebalanced in the future. Last week, there was a bearish CHOCH on the daily timeframe which indicates a shift from bullish to bearish. Could this mean that price is ready to rebalance...
With all the price action that has been going on, price is currently reacting to the internal supply zone labelled as the breaker breaker block because price is expected to break the area in order to fill the one directional bearish movement which created the imbalance. Should price slightly drop to level 2.12632 then we will have a clearer buying opportunity, the...
Good day, traders. Today, we're going to examine the GBPNZD. I'm waiting for a pullback to the 2.1505 zone to activate my sell order. First TP in zone 2.1400, second TP in zone 2.1244. Bearish confirmation is required at the entry point; else, do not enter.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last GBPNZD, we were looking for sell setups around the 2.16 resistance. GBPNZD is trading lower and it is approaching the lower orange trendline. Moreover, the zone 2.1 is a strong support. 🏹 So the highlighted red circle is a strong area to look for buy...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline. Moreover, the zone 2.16 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is...
seeing that the RSI is saturated and diverging, there is a possibility that the price will return for a correction. there is an opportunity to take profit on a short position with a possible 500pips
This currency pair has caught my attention due to its recent breakthrough of the 2.10 resistance zone last week, propelling it upwards to around 2.13. But what lies ahead? Initially, it's worth noting that on the lower timeframe charts, we're witnessing a significant overbought condition. This hints at an impending retracement. In fact, signs are already emerging...