GBPNZD has formed a very strong textbook bearish engulfed on the 4H timeframe. the price on the daily is highly bearish as well. there back to 2-time liquidity grab means, there is a high probability of dropping after a retest of the previous resistance as support Press the like button if you enjoy this content :)
GBPNZD on the 4h chart after the recent bounce over the weekly support retraced between the 0.5 and the 0.618 Fibonacci level. The price is now trading above a minor support and. we can expect some bearish price action after the EU market open. How can iu approach this scenario? I will wait foe the break below the support area and when that will happen i will...
Hello, Friends! GBP/NZD appeared on my radar today With the recent news and corresponding price action Making me bearish on the pair Therefore, a move down is to be expected SELL! ✅LIKE AND COMMENT MY IDEAS✅
Analysis of #GBPNZD The GBPNZD in the process of completing a shallow bullish harmonic Gartley pattern might complete near a strong demand zone. If the market completes this bullish Gartley pattern, I will wait for the market to push further down and enter at a better level near my structure support zone, also strong demand zone Please support me by...
✅GBPNZD bounced off the resistance level. the price went down. I expect the fall to continue.✅ 🚀 SELL scenario: short to 1.891.🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
Hey traders, Here is our technical analysis on GBPNZD. The level where the price is trading right now is major and the price will most likely bounce from that. GBPNZD is coiling on supply zone. Based on our view the market will start falling. Please, leave a comment and support us with like. ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! Indecision in the market is changing Towards a well defined bearish sentiment And the price action on the lower timeframes Is clearly supporting this narratve Therefore, I think it is a goodidea to go short! Like and subscribe and comment my ideas if you enjoy them!
GBP/NZD is in a strong Downtrend, after a retest of the previous Resistance in the area of 61.8% Fibonacci, The price opens the new week with a Bearish candle, our Bias, despite the Stochastic and RSI in the uncertain scenario, we are looking for a new bearish impulse.
GBP/NZD is struggling inside a compression area. The minimums and highers are lower and looking at the main scenario, ( we are in a strong Downtrend ) we think a new Bearish impulse to come in soon. The Stochastic and the RSI also are uncertain but the price before has a correction for the upward need to go over the Resistance area and the Fibonacci levels where...
we finally had a Choch created after the mitigation of the nice daily supply above. this is a nice opportunity for me to go short on GBPNZD considering the order flow . STEFAN-FX
GBP-NZD is trading in an uptrend And the pair broke out of the bullish flag pattern Then it started to rise think there is a high chance To see a rebound to the upside
The GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High: The initial rebound after the August 12 Low is seeing a pull-back in the last 10 days...
GBP/NZD after a Breakout of the Local support with the retest, the price now seems to struggle around 1.900, also the RSI and the Stochastic are in a range condition. The price is still under the 20 and 50 Moving averages and our Forecast is for Bearish continuation in direction of the main-trend.
I explained on previous post linked below, we have nice continuation to downside. we can capitalise on different entry based on the swings. now trade is active. best of luck
The GBP/NZD as predicted in previous Ideas, after a Pullback on the 61.8% Fibonacci Area in confluence with the Resistance Area ( White rectangle ) and the Dynamic Trendline, the price started to turn again bearish following the Main trend, the Downtrend. The Stochastic now is outside the Overbought area and is approaching the decline meanwhile the RSIis...
Hello,Friends! GBPNZD is bullish right now And I think that the market conditions are right For the pair to move up Therefore, I think it is sensible to go long! Like and subscribe and comment my ideas if you enjoy them!
Hello,Traders! GBP-NZD was trading in a narrowing wedge Then broke out of the pattern So given that the pair is in a local uptrend We are somewhat bullish biased And I think a long trade is reasonable Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello everyone Here's the latest GBPNZD analysis.As you can see, this is just price action analysis and you should be patient till get right candle stick confirmation. good luck