the price is reach on the top of the channel + RSI is overbought & price action is exhausted. wait for proper confirmation before entering SHORT position
GBPNZD SHORT IDEA: Entry from 1.9939 Take profit: 1.93449 Stop Loss: 2.00294 If the trade breaks structure, look for the retest to enter if you wish to do so. I Entered at my price due to it being the third touch on the top resistance line.
I have tried to make everything self explanatory in the chart
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...
Hi fellow traders, GBPNZD looks ready to drop after the WXY correction has completed. If we break below the red line the trade will be invalidated. Goodluck!
Hi TRADERS this is my trade set up for the GBP/NZD for the new week ahead GBP/NZD I see the new strain of covid has hit the UK and I feel NEW ZEALAND have corona virus under control, and the GBP has had a good run against the NZD, I feel like that run has started to come too a end now i am expecting a pullback to the order block zone and will be looking for a...
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 ...
gbpnzd which has been on a ascending move, just broke the channel, creating numerous top . Following the chart pattern, we are likely to be on a sell, just as seen on the chart.
According to Dessending Channel and CCI Indicator TP and SL
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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!
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
gbpnzd sell idea , gbpnzd traveling in a rising channel , if it break the channel , sell trade continue to next downward support for 150 pips.
We experienced over 300pips run in our direction since my last publication on this pair (see link below for reference purposes). Now, it is obvious that a trading range has been hemming broadly within the N$1.93500/1.97000 since the emphatic breakdown of the Demand level late in the month of August 2021. At this juncture in the market, I shall be looking forward...
We consider buying this GBPNZD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
Here is my idea for swing trade. don't miss 200 PIPS on it. Its seem huge stoploss 40 PIPS. But worth it to me for reward. good luck and safe trade
Price is from a impulsive phase and now correcting in a correction phase, will be looking for price to break bullish to enter a buy trade.