We are in the process of breaking support and intensifying declines. According to Stochastic, there is still a place for future declines. The beginning of a red Ichimoku cloud that warns against changing the trend. Target 1.8920
Price have broken down B leg of ABC correction for a potential 1000 over pips opportunity. Current entry price also shows a nice 1:2 risk and reward ratio.
FREE ANALYSIS ON GBPNZD. Possible bullish move about to unfold. BUY up . Word of the day: “You can’t use up creativity. The more you use, the more you have.” – Maya Angelou
guys watch out for this and dont miss the short that is coming See previous analysis PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPNZD / LIBRA PATTERN Watch bottom for long. Please support the setup with your likes, comments and by following on TradingView thanks.
I AM WAITING FOR THIS SORT OF RETRACEMENT BEFORE I CAN JOIN IN FOR THE SELL. BE PATIENT WAIT FOR IT AND IT WILL COME. I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
LONG GBPNZD Based on Bat Pattern and 0.886 Level Low Risk, High Return This pair will have huge move upward
As we can see, GBP/NZD is failling to establish it's support zone. As soon as the support line is broken, we can expect the bearish trend to continue until it's next support. Remember, preserving your money always comes first in trading. Your second goal is to grow your portfolio. Trade safely.
GBPNZD has Formed Strong Bullish Pattern on Weekly Chart Which confirms that bulls are in control now. 1.91421 is crucial resistance on upside. I am bullish on this currency only above 1.91600 for the targets of 1.94000 and 1.95800 with stoploss of 1.89000
Take a look at the daily chart and you can see the head and shoulders pattern developing. At the moment the right shoulder is just being formed, but the swing high is complete at the right shoulder suggesting more downside. You can see that the recent high coincides with the high established where the left shoulder is. This is an aggressive entry. Most will...
GBPNZD price action contained within a multi-days bullish channel with new tops and lows, However the trend is strong but medium term momentum is slowing which is indicating a pullback. I am looking to short this market around 1.9675 area with a wider stop at 1.9855, expecting for a target around 1.9259 area.
Hi traders, We had a very long range on the GBPNZD daily chart and we recently broke it. The arrow that is pointing on the last candle is the re-test candle, testing the previously broken area successfully. I will open my trade on Monday and see where price will bring me :) On my first target, I will take out 50% of my profits EXCEPT price is showing strength....
On several British Pound Forex pair, an ascending trend line on the daily time frame is on play. With them approaching the bottom of the bottom, are they to bounce or are they to break? In GBPNZD, we can see the it is consolidating at the bottom of the ascending trend line (possibly poised for a retest of the broken weekly descending trend line) which made it...