Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
As per our previous analysis, GBPNZD experienced a significant increase in value, leading me to exit the previous deal. At present, I am waiting for the price to return to the support area. I have initiated a purchase deal which is currently showing an upward trend. Wishing you good luck.
Daily uptrend, 1hr demand entry into daily supply, 6:1 RR.
When the price reaches the top, we expect a re-correction towards the nearest support area
My dear friends, Please, find my technical outlook for GBPNZD below: The price is coiling around a solid key level - 2.1044 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 2.0958 About Used Indicators: The pivot point itself is...
GBPNZD trending Bullish, Making Bullish Engulfing candle on 1 hour chart after bearish three black crows.
📈 Let's analyze the GBPNZD forex pair together briefly. 🔄 In the 4-hour timeframe, we are currently experiencing an upward trend resembling a curve, and there's a likelihood of this movement continuing in the future. 📊 Moreover, in this timeframe, we have reached the daily resistance at 2.10634. After a correction to the support at 2.09293, we have resumed our...
Such a powerful and a clear head and shoulder pattern. so we you look out for market cnfirmation patterns before executing trade carefully trader ernest
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✅