Hey Traders this is my master plan to loot GBPNZD Bank. My target is 2.09500 if the police force come before my target i will escape with partial sum of money. LOL
. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
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This is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level.
It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.
Hello,Traders!
GBP-NZD keeps growing and
The pair is locally oversold
So as it is retesting the
Horizontal resistance
Of 2.0962 I think that
We will see a local
Bearish correction
Sell!
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GBPNZD is in my opinion in an uptrend that is part of larger ABC (white; could be WXY too) and moving inside a channel.
My outlook is that price will move past the current resistance zone in a bullish manner.
I have been going over my count once more and I´m not anymore completely convinced that the price will continue upwards immediately.
In fact, GBPAUD and GBPNZD are moving very similar and I have GBPAUD going down at first.
Of course this is no guaranty that both pairs continue do behave similar but it´s a possibility.
For now, I remain neutral and I closed my...
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GBPNZD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new HH.
What you guys think of this idea?
Please, check our technical outlook for GBPNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.091.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078...
✅GBP_NZD surged again to retest the resistance of 2.0968
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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There is a possibility of a decline after the three-wave close.
It's going to have a four-wave drop and a five-wave rise.
It was formed in a 33333 structure.
GBP/NZD is currently at a very strong resistance zone between 2.09700 and 2.1000. At the same time, it's a rebound zone with a 61% Fibonacci level from the highest peak to the latest low. It has attempted to break through several times but hasn't succeeded so far. I expect it not to break this zone and to descend again to the support zones below at 2.06400 and...
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry . This is my opinion, not for any signal service. Good luck.
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Counter trend opportunity here on this pair, ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important...
