GBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart. The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum. A downward movement towards the 2.0833 level is likely.
Pair Name : GBP/NZD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break...
GBPNZD is currently forming a Harmonic Pattern (XABCD) along with a Trendline on the 4-hour time frame. This pattern indicates potential price reversals or continuations based on Fibonacci levels. Point D of the pattern is situated at a key Support level, suggesting a possible bullish momentum. Entry and Stop Loss: Based on the analysis, the entry point is...
After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPNZD has been overall bullish , trading within the rising channel in blue. Currently, GBPNZD is in a correction phase, approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong area...
Hello,Traders! GBP-NZD is making a rebound From the horizontal support Of the 2.1023 and as we are Bullish biased we will be Expecting a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅GBP_NZD will soon retest a key resistance level of 2.104 So I think that the pair will make a pullback And go down to retest the demand level below at 2.097 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
19th friday GBP news can be used as a driver to move price to ERL from IRL
GBP/NZD is falling towards a breakout level and could potentially break through it to drop lower. Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ). Stop loss is at 2.1225 which is a level that sits above a pullback resistance. Take profit is at 2.0417 which is a swing-low...
Price is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 2.10271 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 2.11720 Why we like it: There is a pullback resistance...
I wanna buy GN this time. After few short intraday, chart is giving me some buy signal. I buy a little , lets see what happens.
Going with the trend for 3 days Long .. after getting rejection from Strong weekly AOI and entering as directed by Arrow line
My dear subscribers, My technical analysis for GBPNZD is below: The price is coiling around a solid key level - 2.0843 Bias - Bullish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 2.0938 My Stop Loss - 2.0792 About Used Indicators: By the very...
GBPNZD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. We expect a pullback to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
GBP/NZD is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2.1033 which is a pullback support. Stop loss is at 2.0983 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 2.1106 which is a pullback resistance that aligns close to a...
PRice pulsed up and retraced with consecutive candles, didnt broke below Fib(0.318) Price broke once the Fib(0) but made a high to our TP, retraced back and now its broken properly and I'm looking for an entry at Fib(0) retest