GBP-NZD was trading below a falling resistance But now we are seeing a bullish breakout And a retest of the broken line Which is now a support From where price growth is to be expected
GBPNZD is testing the resistance and trendline as well. Price action previously declined from the resistance zone. There is divergence near the resistance We expect a bearish move from that level. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
So we are now dipping into a major weekly and daily support so Ill be waiting and watching price around these areas to see if we can jump on a long from another spike rejection to the downside! For now just watching and waiting!
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 :)
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
18th August key reversal within the trend formed, made a new high closed on the low. 1.8950 initial support need to break for target 1.8810. better wait for retracement to short it.
GBPNZD is moving in the channel. Price action has tested resistance zones multiple times before. We expect a sell from that psychological level at 1.92000. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about GBPNZD We can see a market break its strong support in...
GBPNZD started its downtrend and now nearing support. On 4H price has created a narrow doji after a strong drop. The price is likely to from this doji can give us sniper entry for a short-term sell!!
GBPNZD has formed a head and shoulder with a long consolidation and deceleration on the daily timeframe and has broken out of this head & shoulder with bearish pin bar. It is highly likely that price will continue to drop from this zone as long-term-weeky and monthly price action is bearish. Thank you for visiting the idea. Press like button if you find value in it :)
GBPNZD is moving in a downward channel. Currently, on the daily timeframe, the price has formed a daily bearish engulfer or a middle man. There is a high probability that the price will respect this resistance and will continue to drop! Press the like button if you enjoy this content :)
FUNDAMENTAL ANALYSIS GBP/NZD Price Impacting Economic Events *( GBP upcoming events are important and leading economic indicators and WILL impact price during trade, increasing volatility and unpredictability ) ……………………………………………………………………………………. GBP TODAY Economic Events: - Unemployment Rate ( 3.8 same as previous ) - Unemployment Claims ( -20.1k higher than...
Hi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count! We are going to discuss about FX:GBPNZD We can see market is going to test its previous...
#gbpnzd, 1st July daily key reversal bar indication for weakness ahead. 5th July daily insurance bar further confirmation for weakness in future. weekly chart did not breach high of last week since last three weeks. Resistance levels for short 1.9390, 1.9425 and last one 1.9480 for target 1.8860. stop loss above 1.9500.
#gbpnzd, weekly chart forming higher high and higher low, while friday bar is key reversal bar for short but 1.9370-25 strong demand zone for long. have a patience wait for 1.9370 & 1.9325 demand zone for long trade for target 1.9620. If breaks 1.9620 then next possible target 1.9740.
#gbpnzd, 1.9370-25 Demand zone for long target 1.9630. if price fails to hold 1.9370-25 Demand zone then next possible zone for long 1.9290 for long again.
Fokus on short because NZ economic strong and GBP economic is weak. Furthermore on technical analysis, trend is downtrend.
Gbpnzd approached a very longterm resistance, after a brief rejection to the LTF ascending trend line, sellers forcefully took over pushing the pair below the ascending trend line to the downside, a retest briefly follows.... This all gives a high probability for some downside action. Pls observe good risk management.