OANDA:GBPNZD Price was in a short-term corrective phase of lower lows and lower highs - although price seems to want to pull back once again to med-term downtrending resistance due to inverse H&S Pattern. Long term, we are in a phase of higher lows and higher highs (BULL) Price has perfectly wicked off of H&S Support. I will enter LONG when price breaks H&S...
Price had a good bull run. The retracement seems to lose some steam but I think there is still some momentum left for one leg up. Price probably won't make a new high but I put my TP on the highest pivot point just in case. We have a nice window of opportunity to open a long trade with price showing support close to the trend line. Just be patient and see what happens...
According to Clear Daily Up Trend ,and we can see Completed Head and shoulders Reversal Pattern on 4H
GBPNZD expected to rise up to 1st resistance at 1.91875 where it could potentially react off and drop down to 1st support at 1.90958. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPNZD expected to rise up to 1st resistance at 1.91875 where it could potentially react off and drop down to 1st support at 1.90958. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Wait the price break out the trend line and buy Buy: 1.90952 Stop: 1.90440 51.2 pips Target: 1.92625 167 pips
"In the name of Allah, the Most Gracious, the Most Merciful" GBPNZD Symmetrical triangle This Trade is Only for Risk taker. Note: This is only for Educational Purpose this is not Investment advice. Please support the setup with your likes, comments and by following on Trading View. Thanks Adil Khan.
Mirror image on the GBPNZD waiting for pull-back then looking for an entry reason to go long... lets see how this ones plays out.
GBPNZD expected to rise up to 1st resistance at 1.93699 where it could potentially react off and drop down to 1st support at 1.92926. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPNZD expected to rise up to 1st resistance at 1.93699 where it could potentially react off and drop down to 1st support at 1.92926. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
You can see clearly Elliot Wave. Wave 1 and 2 is correct. We can wait a signal SELL
FREE ANALYSIS ON GBPNZD Welcome to SiriusTrading - 30 Min Chart Keep an eye out for the pair and this could be a Head and Shoulder formation. good position for sell. also watch out for break down. Support us with your likes and comments
GBPNZD expected to rise up to 1st resistance at 1.94514 where it could potentially react off and drop down to 1st support at 1.90636. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPNZD, -has just broken Daily EMA200 & retrace to reject EMA200 to act as a dynamic support. -broken 0.5% Fibo and retraced back to 0.5 level so there's a high chance of it bouncing right off to head towards the next level of resistance. A buy stop is placed 10 pips above current resistance level on H4 , waiting the breakout to capture 50-100...
OANDA:GBPNZD BOOM! A N O T H E R setup to stalk... I should CHARGE for this! Anyways, keep yo eyes open and if price action permits... hop in for the long! Why? Because med-term trend is bullish, price is close to support, 20MA and 50MA are bullish, price is in a tested wedge. But remember one thing... ONLY ENTER IF PRICE ACTION + CURRENCY STRENGTH + ANY OTHER...
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