I am taking a buy on GBP/NZD if price can get into this area in the london session. London Session for me begins at 6:00am UTC Time. Invalidation would be if price gets into this area after london session close (11.01AM) UTC Time.
This falling wedge formed during the recent 1H uptrend may indicate a long break out of 100 pips. This analysis further supports my earlier monthly analysis of a descending triangle testing 4H support for a potential long.
GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925) Previous support located at 1.9050. Previous resistance located at 1.9100. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9100 will confirm the bullish momentum. Our profit...
A break on the upper resistance zone, will confirm more upmove to the pair
Hello Traders, Hope you all are doing good!! I expect GBPNZD to go Up after finishing this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market...
We expect the price to retest our previous supply zone before bullish movement, otherwise the price might break our supply zone thus bullish movement to take their chances from the second supply zone which is our previous week low, break below the previous low the analysis becomes invalid
Daily price breakout on GBPNZD. 1 : 2.5 Risk reward ratio.
GBP/NZD ... This is not signal... Dont risk more than 3% of your account on any trade...
9th & 18th January daily key reversal bars dictating strength ahead for several days even weeks as well. 1.9100-9060 demand zone for long, stop loss 1.8950, medium term target: 1.9490. longer term target: 1.9550.
Hello traders! ‼️ This is my perspective on GBPNZD. After taking out liquidity above trendline, price started a retracement. I see price to go a little bit lower to fill the imbalance and then to reject from institutional big figure 1.91000. Like, comment and subscribe to be in touch with my content!
Here we can see on GBPNZD monthly TF a descending triangle which looks likely to break out for a long after retest of the 23.6 Fib. Furthermore, the recent downtrend is testing the 4H down trend the PA broke through last week so looks good for long entry on reject.
I expect a bounce from the upper limit of the channel (green lines). TP around 1.94500, around 250 pips GG P.S. This is not financial advice of course, just my idea.
I expect a move to the upper limit of the channel (green lines). TP around 1.9200 GG P.S. This is not financial advice of course, just my idea.
GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925) Previous support located at 1.9050. Previous resistance located at 1.9150. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9150 will confirm the bullish momentum. Our profit targets...
GBPNZD - 24h expiry - We look to Buy at 1.8975 (stop at 1.8900) Previous support located at 1.9000. Previous resistance located at 1.9150. Indecisive price action has resulted in sideways congestion on the intraday chart. Risk/Reward would be poor to call a buy from current levels. A move through 1.9150 will confirm the bullish momentum. Our profit targets...
GBPNZD - 24h expiry - We look to Buy at 1.9025 (stop at 1.8950) Previous support located at 1.9100. Previous resistance located at 1.9200. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. A move through 1.9200 will confirm the bullish momentum. Our profit targets will be 1.9275 and 1.9300...
GBPNZD - 21h expiry - We look to Buy at 1.8900 (stop at 1.8790) Previous support located at 1.9000. Previous resistance located at 1.9100. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.9100 will confirm the bullish momentum. Our profit targets will be 1.915 and 1.920 Resistance: 1.9100 /...
Falling wedge breakout already Confirmed rsi printed massive Bulish divergence expecting 400+ Pips Bulish MOve