GBPNZD has been in distribution phase and has given a breakout from the box. We are expecting a good bearish spell in the making. One can adopt sell on strength strategy on it. Alternatively, breaking above the distribution box will call back the bulls in the party and we can see ATH from there on. Trade your levels accordingly.
Buy: GBP / NZD SL @ 2.01450 TP @ 2.02990 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Hi TRADERS this is my trade set up for the GBP/NZD for the new week ahead GBP/NZD I am expecting a rejection at strong support zone look for a drop to order zone lined off on chart then if it meets your criteria for a trade then execute buy trade This is my analysis only please trade with caution and risk management in place good luck for this weeks trading...
Last week, GBPNZD movement was in huge bearish mode. But , it is still follows our guideline. Therefore, the original plan is still moving on.
GBPNZD will continue Bullish to complete the circle. Based to our last forecast on this pair, The Bullish movement is still ongoing heading to Wave 5. But Wave 4 maybe not completed yet. So it is a risky setup.
GBPNZD has broken the rising trendline, the next support it will find on mentioned horizontal level. One can adopt sell on strength strategy on this pair with stoploss on top of distribution phase. Trade your levels accordingly.
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
GBPNZD WILL BE BULLISH TREND SOON WITH TARGET 0.0520s LEVEL We Should buy GBPNZD with Minimum lot size .
Hello traders. The price is still rising in the weekly time frame. On the other hand, it is still moving in an upward channel. I expect it to continue its ascent to the top of the channel after completing the pullback. Be profitable
GBPNZD has been in good bullish trend. It is following trendline by its heart. Currently, price is consolidating in a box (distribution likely). Price can follow two senarios from here; a) Bearish: The consolidation is likely to be distribution and expect bears to be active from here. If price manages to break rising trendline then bears will take price to...
The Red Marked zone shows Volume Cluster, big positions are accumulated here. Expect to see an upward reaction when and if the price reaches here. Target almost 90 - 100 pips. Best of Luck
Wave 3 seems to be completed. Intraday trader shouldn't take part until Wave b completed. The best entry level is 2.048000 Maximum take profit would be 2.03000 Good luck
GBP/NZD has completed the cup and handle formation on the 1D chart. The pattern would become stronger if it continues trading in this range for a few more days. It's currently on a strong resistance. It would be better to take an entry after the breakout. The target would 2.04 once it breaks out. Thanks! Best Regards, Trae Like Pros.
On the way back, I count as a pullback and enter the sales order from the same range, and the targets are specified in order.
GBPNZD is at daily resistance. It is hinting to go down from here as we have bearish divergence on indicator level. We think bears will take control from now on and push the price to further downside. Trade your levels accordingly.
#GBPNZD H1 Sharp Entry For Buyer in H1 Time Frame Because In H1 Time Frame A Strong Support Area is Reject The market So That I Will Buy
GBP/NZD - Nice potential Butterfly pattern forming with strong bullish momentum. We've had multiple BOS with price rejecting from the 0.618 from the last retracement. (I'm using the fib extension here for profit targets) The 1.618 lines up perfectly with a strong PRZ/D point of the butterfly. Let me know your thoughts! * Disclaimer ** These ideas I never...