We wait for confirmation at the support to Buy Long
OANDA:GBPNZD SELL from 2.03282 TP1-1.99844 TP2-1.95972 IF YOU AGREE PLEASE PUT A LIKE IF YOU NOT AGREE LIVE A COMENT
I expect an increase to 0.618 fibonacci level, if the region I marked with the box is broken, the uptrend is canceled
BUY STOP - PENDING ORDER BUYING GBP/NZD Entry: 2.0125 Target 1: 2.0233 (108+ pips) Target 2: 2.0376 (251+ pips) SL: 1.9993 (132- pips) It's a 132- pips SL. so if you are 1% risk is higher than SL, Do no take this trade. If the GBP PMI numbers are BAD exit the trade early.
entry 1 2.000 entry 2 1.990 sl 1.9800 tp.1 2.0100 tp.2 2.0260 tp.3 2.0300 tp.4 2.04000
The weekly chart above shows GBPNZD's entire decline from Aug 2015 high. The sell-off is a textbook Elliot Wave impulse pattern, labeled 1-2-3-4-5. According to the theory, a three-wave retracement follows every impulse. Here, that three-wave rally has been unfolded as a W-X-Y-X-Z triple zigzag pattern. Wave (c) of Z is about to complete. I anticipate GBPNZD to...
The GBPNZD is after the Double top effect and is back on the rise. The GBPNZD over 2 important average lines (100,200) The candles are placed over the Ichimoku cloud that accompanies the GBPNZD with a green cloud! The Stochastic in the ideal area that recommends buying. All these technical data indicate continued increases. Target: 2.0370
lets how it will act at these zones ... no entry without price action move ... good luck guys
Following up on the weekly analysis I posted earlier, GBPNZD has broken the daily corrective structure channel, and it's retesting it. The break out is an impulsive move followed by a corrective structure that seems to be unfolding as a zigzag. The correction in wave (ii) of C has retraced 61.8 - 78.6% of wave (i), and it's within a deep Fibonacci extension zone...
Pair: GBPNZD Prediction: Buy / Long
GBP/NZD Head & Shoulder Pattern is confirmed!! Expecting price to drop to 1.988. Focus Time Frame: 4H/1H Market Condition 1D Short Term: Downtrend 1D Long Term: Uptrend
In the second pick, a Double top template was created so we recommended a sale, there was a decrease but it did not hold and gbpnzd returns to increase in strength. The buying position will be with the trend. We believe that gbpnzd is on the way to resistance at 2.0400 and then if there is indeed breaking then the next target will be very very high.
An important Double Top pattern is created in the daily graph that usually causes pullback as you can see already started. According to Ichimoku, the upward trend will continue. Target: 1.9930
GBP/NZD short Entry 1 2.0130 Entry 2 2.0160 Sl 2.0190 Tp.1 1.9940 Tp.2 1.9900 Tp.3 1.9840
MORE UPSIDE BEFORE FALL TO TOUCH DOWN LINE OF THE UP TREND , FOLLOW UP MORE ON BREXIT EVENTS