I predict price will be bullish, especially since NZD GDP will be released. I predict the result will be bad because New Zealand was in lockdown for the past month due to spreads of coronavirus.
Last week GBPNZD reached a weekly support cluster and we saw the loss of price momentum. Currently, the price failed to make a lower low and it's now consolidating on the level. Once you zoom in the 1H timeframe you'll notice bullish accumulation forming an ascending triangle. Once the price breaks to the upside of the triangle it will be a very nice opportunity...
Price is currently moving in a symmetrical triangle, we'll have to wait and let price develop.
My view of GBPNZD . Potential long opportunity. I am expecting a pullback to the downside due to bear flag being formed on 1D TF . We will see how things go ater ILO Unemployment rate is released. 1.92000 is an area that provided strong support throughout April and May . My idea is valid and will be active IF we come down to our Entry Level...
The price dipped over 200pips in our direction since the last speculation before the rally began (see link below for reference purposes) and following an emphatic downward spiral that lasted 3 weeks, it appears we are at a juncture in the market that suggests that price is on the verge to reverse. Tendency: Uptrend (Bullish) Structure: Breakout |...
Price has reached the support zone, but failed to break through it. The next point price will retrace to is resistance before giving us a clear sell.
We consider selling this GBPNZD pair because of a strong resistance above. 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.
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Hello friends. Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. open pos: market target: ±1.978 stop: ~1.96 (depending of ur risk). ALWAYS follow ur RM . Good luck everyone! Follow me on TRADING View, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make...
AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
The instrument continues to trend upward. Breakdown of the trend line on August 12 and 13 did not lead to a reversal, growth continues, possibly retesting the 1.9670-1.9630 zone. A breakdown of the price below 1.9630 will mean a trend reversal.
Previous Idea in Take profit.... Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our page by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any...
gbpnzd buy : Reasons : there are many support levels here,but market is going in a nice upward trend ,but it can retest and we cant be sure at which particular point it does retest,as there are 2 levels , so my best guess is that wait for the 2nd retest too and if it doesnt go there then we can place an uptrend take profit will be the above support level which is gave
This Currency Pair Worth of Trading This Week Because it has Bullish Bias along with Two Confirmations 1-Ascending Triangle Chart Pattern 2-200 MA Support 3-Fibonachi Levels
I try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
We are yet to take advantage of the Bearish tendency since my last publication on this pair as we await price action to do a complete rejection of the Bullish trendline identified on the publication (see link below for reference purposes). Like the setup identified on our GBPAUD, we have a similar pattern here too as price action transitions into a Descending...
Welcome back Traders, Investors, and Community! Hi Traders, GBPNZD on the H4 has broken below the support line with a big red candle which suggest the price will go lower however a Pullback might happen at 1.9797 before it goes lower to another major Support around 1.9667 On the H1 we can see that the market has been Bearish for last couple of hours heading...