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...
Considering the recent decline in the NZD, I am considering purchasing GBP/NZD on the rise. Following the breakout and retest of an inverse head & shoulders pattern, I plan to wait for a 50% retracement in the bullish trend before furthering my purchases in the upward direction.
It looks like GBPNZD will create a head and Shoulder bottom pattern. Check our history- Over 90% Accuracy
In this chart we have spotted a rising wedge which means at a certain point it will start a down rally. There series of HH & HL. we also spotted Divergence in the RSI which also indicate a down trend.
Price just tested the trendline and bounced off to the upside. A buy opportunity is envisaged form the current market price. Target is 50pip
Price successfully broke the neckline of the previously formed inverted head and shoulder pattern . This signals a bullish strength. I anticipate price to remain bullish In days to come. Target is - 2.15859 (resistance level)
just as explained in the video, so its much more obvious we re on an uptrend on this
Our pivot point is at 2.0962. Our preference As long as 2.0962 is support look for 2.1114. Alternative scenario Below 2.0962, expect 2.0905 and 2.0871. Comment The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.1002 and...
🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls, accumulation in range. short-term expecting pullback from overhead resistance, shorting from resistance is a higher risk setup (bears), however focus on buy/hold for excellent risk/reward. 🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the...
. 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