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
This is quite interesting that blue zone is good resistance zone from the daily and weekly and we already saw that strong rejection candle. We should reject the zone again and dip all the way down to 1.9200 zone...or slightly above. So prudent trade would be a sell stop on break of 1.9330. Sell stop makes sure I only get take in when I am right. The R=3.57
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watch list and see if the rules of your strategy are satisfied. Dear Traders, If you like this idea, do not forget to...
GBP-NZD is trading in a local falling narrowing wedge The horizontal support level at 1.87550. has been retested So if we see a bullish breakout The pair will rise to the target above AT 1.92900
GBPNZD retests a support cluster From the rising trend-line and the horizontal support level at 1.89900 I expect a recovery and a rise Towards the above target at 1.97300. areas
we are waiting a candle to close under 1.9935 on H4 timeframe to take a shot position good luck guys follow for more market tips
GPNZD formed an inverted H&S, I already entered before making this analysis, but hopefully there will be another entry opportunity, because the stochastic momentum is already above 80, maybe the momentum can still go down a little and then continue to rise. This analysis is also supported by the fundamental strength of GBP itself which has raised interest rates,...
I have tried to make everything self explanatory in the chart
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 ...
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.
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.
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 make a broadening wedge pattern, and the last structure price made an uptrend but already breakout, it will be going down and break out the support or going down for bouncing back to the uptrend.
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.
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.
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
There is Divergence on the RSI for GBPNZD. With Gross Domestic Product (YoY) and Gross Domestic Product (QoQ) report releasing in the next several hours. Get ready for the sell!
GBPNZD create cup with handle pattern. 300+PIPS opportunity!