Within the range I specified, it is great for low-risk purchases if it arrives
GBP index will fall soon next weeks due to Omicron Variant so following pattern possible use proper money management.
GBPNZD Analysis. Key: Pink- Monthly Zone(s) Purple- Weekly Zone(s) Yellow- Daily Zones(s) Bullish Trend. Please leave a comment against or for the analysis. Appreciate it.
From recent November's low under 1.9, the pair has reversed strongly and now is trading exactly in 1.9650 resistance At this moment we can consider that a higher low is in place just under 1.94 and I expect a continuation to the upside for this pair, and 2.0 figure to be reached in medium-term. Buy dips is my strategy for this pair and the ideal zone for a strong...
there have been and nice amount of buying pressure coming form the shoulder of this move if it breaks the high then we should look for buys
In this update we review the recent price action in GBPNZD and identify the next high probability trading opportunity
GN have been on the upward movement since Nov 8th and it doesn't look like it will slow down soon, well according to my analysis though *smiles - Retested the RESISTANCE zone multiple times at 1.96000 and ended last week on the 4TF (3rd of December) with a bearish candle stick. - Price bounced off on the 50SMA on the 3rd signifying that the buyers are still in...
waiting for confirmation for possible trend reversal. the uptrend is on the upper trendline third touch which may signify a possible trend reversal and the end of the perceived countertrend. if i am right the daily trendline might or is there to get it more buyers before a sell off.
Looking for 340+ pips 💲💲 This is the chart of gbpnzd Reasons for take this trade 1 - it's gave channel pattern breakout 2 - it's completed ABC pattern 3 - fib retracement(very important) 4 - if we see long term chart then we easily can see first there was impulse then retest and now continuing impulse 5 - history repeating 6- index showing weakness ...
And here we are on a Friday after a fairly quiet week for me. The reason being that the majority of my watch-list are already in open trades. So all good there. But today's GBP/NZD is higher risk trade against the trend and also my 2nd attempt at this same setup as per my notes on the chart. Enjoy the weekend all. Cheers.
GBPNZD will fix the last drop. We may have a correction rise and later a price reversal. BUT WILL WAITING FOR CANDLE CLOSE.
Hello all, GBPNZD has been falling for a quite long time in a bull flag pattern on 1D time frame. Now it has reached the support line for the 3rd time and also it is close to the structural support zone. Plus the double bottom pattern is forming on 4H time frame. Thus it is possible to enter the bullish reversal at the lowest possible point. However, it is quite...
I think the divergence between the RSA and the floor of the candlesticks indicates an ascent please share your idea with me.
GBPNZD is currently at a critical support and has touched the bottom of a falling wedge type formation on a Higher Timeframe. We can potentially see good upside this week and our targets are 1.94000 (initially) and 1.96500. Good Luck!
price already make a confimation for buy in ltf good luck for your trade put stop loss 1.91388
GBPNZD - Yesterday Price created a new low on the Daily TF, then broke structure to the upside on the LTF creating liquidity, I'm expecting a retest of the lows (Potentially following the pattern) before trading the CD leg, I have 3 possible entries long here. Whats your thoughts?
FX:GBPNZD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
GBPNZD, Potential Swing long, price is sitting on quaterpoint which also lands on the D point of a daily shark & a daily OB. There's not much reaction at the current level which indicates to be the bears are still in control, I feel once the OB is tapped into below price will reverse and head back towards the previous quaterpoint (Daily high) If price breaks and...