GBPNZD broke and closed below the resistance level at 1.96600 and pulled back to the consolidation zone. The market created a false breakout of the resistance level. There's a nice confluence zone to short at the resistance level . We expect a pullback from the resistance if price makes another false breakout of the resistance. ------------------- Share your...
Hello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading...
GBPUSD H4 Strong SELL Zone Detected and This Week Outlook,Let's See The Market Condition, Follow Me For Update Later...
GBPUSD after approaching the liquidity level pullback and confirm for the bullish trend i expect the higher level but now the we can trade i the pointed range
GBPNZD broke out of the ascending channel and moved higher to the resistance level . The market overall is moving sideways. There's a nice confluence zone to short at the resistance level and bearish harmonic pattern. We expect a structure based trade. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Currently, the market is still fluctuating within the support range, and overall it remains somewhat weak. However, there has been a significant decline recently, and regardless of the variety, it is almost certain that there will be a rebound after a major drop, with the difference being the size of the rebound. Therefore, the current trading strategy is to...
If GBPNZD goes up from here it will likely trigger my bearish bat pattern limit order (see previous idea). However, if it falls from here it will trigger my bullish bat pattern limit order. My back testing shows that these patterns are highly profitable on this pair. I enter with a limit order at the 88.6 retracement and take TP1 at the 38.2 retracement and TP2...
Bat patterns on GBPNZD are very profitable on the 4H timeframe. - Entry: 1.96189 - Stop Loss: 1.97407 - TP1: 1.94499 - TP2: 1.93456 I have set a limit order at my entry price. If price moves against me I will trail my take profit levels in accordance with the 38.2 and 61.8 retracement levels from the low of the pattern to the current price level. If the...
GBP-NZD broke out of the Horizontal range and also Broke the rising support So as it is now making A pullback I think There is a high chance To see a move down
GBPNZD broke out of the ascending channel and moved higher to the resistance level, which is psychological level at 1.9500. The market is creating a head&shoulders pattern. There's a nice confluence zone to short at the resistance level . We expect a pullback from the resistance. ------------------- Share your opinion in the comments and support the idea...
1.9520 strong resistance broke on 22nd & 28th February but not able to sustain price higher and closed below 1.9520 that is indication as a fake breakout. 28th daily key reversal bar made a new high closed on the low indication for weakness for coming days. 1st March daily insurance bar confirms further weakness ahead. target is 1.8870.
MOMENTUM POSITION FOR 100 POINTS ON GN liquidity sweep occurred
Hello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price has managed to break the range channel and also the key level of 1.94000 upwards. If the price can make a correction around this level, it is a good point to enter. It is a trade and we can expect it to continue its growth until the key level of 1.99600. Good luck. GBPNZD buy ...
Gbp already breakout from range i dont it goes to long to be bearish but only to reach the liqiuidty level and pull back for long up side targets.
I am bearish on FX:GBPUSD . Broken trendline and crossed EMA. My target is identified CPI news and events this could invalidate this setup, but we have to wait for confirmation What's your bias? Kindly like and comment below
GBPNZD buy Entry : 1.91610 Stop : 1.90605 , Target1 : 1.92614 , Target2 : 1.93618 Risk/Reward Ratio : 2
GBPNZD is moving in the ascending channel and making higher highs. The market broke and closed above strong resistance that became support. Following a price surge, if price pulls back to the support level then we expect retest of the resistance level . ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
If price can move into this range during the London session, I will purchase GBP/NZD. For me, the London Session starts at 6:00am UTC.