Waiting for a break and retest of 2.09444 to long GBPCNZD back to 4H level 2.12034 If you agree drop a like and if you have any questions leave a comment :)
My dear friends, My technical analysis for GBPNZD is below: The market is trading on 2.1015 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0926 Recommended Stop Loss - 2.1061 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
In the name of God, the Merciful and Merciful, today's analysis was one of the situations and the most harmful examples for me. Sorushane pattern (I marked the top line in the chart with a blue line) we expect the resistance zone to rise by the same amount as the top line. Well, this analysis is a bit stronger because this currency pair has both broken the...
MARKET PHASE OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour). AREA OF VALUE There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy...
Here's a summary of the "Higher High Higher Low" and "Double Bottom" patterns: **Higher High Higher Low (HHHL)**: - **Definition**: - A bullish trend pattern indicating successive upward price movements. - Each high point (peak) is higher than the previous one, and each low point (trough) is also higher than the previous one. - **Interpretation**: -...
Lately on GBPNZD the price on the 3 months timeframe has swept previous 3 months high and went back inside the range and also there was a daily inverse fair value which acted as resistance and the price closed below it
GBPNZD rebounced from the resistance and 127.20% fibo inversion. The market broke and closed below the support level of 2.1000, which became the resistance. On the D chart, the market is consolidating. We expect a 50% pullback from the resistance if the price makes a false breakout of the resistance. ------------------- Share your opinion in the comments...
Idea Long Trend Line Trend UP GBP NZD 📈 Buy Limit 2.09620 market Price in zone : 2.09700-2.09620 VWAP SnR zone TP1: 2.10600 Tp2: 2.12000 SL: 2.09150 Rrr: 5
Hello,Friends! The BB upper band is nearby so GBP/NZD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 2.089. ✅LIKE AND COMMENT MY IDEAS✅
retest of 50 ema retest on Aoi waiting for 15 min entry in Aoi 1:2 rr set and forgetting after
══════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS 🤝Let’s learn and grow together 🤝 ══════════════════════════════ Hello Traders ✌ After a careful consideration I came to the conclusion that: - it is crucial to be quick in alerting you with all the...
The recommended buying zone for the GBPNZD pair is at 2.10358. Take profit levels are set at 2.10727, 2.11499, and 2.11982. It's advisable to place a stop-loss order at 2.9338 to manage potential losses effectively. Ensure to monitor the market conditions and adjust your trading strategy accordingly.
Please, check our technical outlook for GBPNZD. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.099. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.085 level soon. P.S We determine oversold/overbought...
I will wait for all the news to be out for today. There is a higher probability to but from the inverted FVG.
a game plan of what I do, GBPNZD using technical analyses, waiting for price to either breakout the recent higher high or even create a new higher low and continue to trend upwards
AUDJPY has destroyed its Short structures, making for a significant shift in market structure. We must now let go of our original Short bias and prepare for potential Longs.
The market is pulling back to a support level after a bullish move that creates a swap zone. FX:GBPNZD broke the previous resistance and range zone, which is the support level now. On the daily timeframe, the market broke a strong level at 2.09000. I think it might reject the support level, grab liquidity below, and then move upwards. I expect the trend to...