Hi there GBPNZD appears bearish at the H1 time frame, aiming for the 2.05487 area for a bias of 2.04275. The price came down from the 2.085 to 2.05154 low and then rose to a lower high in the 2.0800 range, making the current price movement a continuation of the bearish momentum from that high area range. Also, the price is below a minor supply zone, so there...
gbpnzd expected short because of the strong nzd ,market will go down touch below resistance level
bullish on support, BUY ON SUPPORT SL BELOW THE LEVEL
The pair is finding support on the Daily 200 EMA. A good risk/return ratio.
GBPNZD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry Level - 2.0530 Sl - 2.0463 Tp - 2.0665 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Example of: Basic Head and Shoulder. Can follow the short down trend for short or waiting for a long in the right shoulder.
This Week FORECAST Opportunity for GBPNZD. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.
My dear friends, Please, find my technical outlook for GBPNZD below: The instrument tests an important psychological level 2.0554 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0599 About Used Indicators: Super-trend indicator is...
GBPNZD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy GBPNZD Entry - 2.0554 Stop - 2.0495 Take - 2.0670 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBP/NZD was on a bullish trend and has shown good signs of a potential double-bottom. I see the pair going bullish up to the 90% of the continuation.
Trend shift, there was a break of structure, bearish swing low and MAC D flip. stop loss, take profit and entry are on the chart. SHORT TERM SELL use proper risk management. happy trading.
Pair is in downtrend as per DOW theory following bearish divergence created and reversed the trend. Sell-Limit entry planned at 50% fib retracement level of current swing.
The GBPNZD situation presents a bearish structure, highlighted by three recent touches on the trendline. However, it currently sits within a demand zone on H4, where yesterday I observed a bounce at the 62% Fibonacci level, supported by an H4 candle. This bounce, in my opinion, is worthy of consideration. Shortly after, the market experienced an uptick, also...
Take a look at our analysis for GBPNZD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.080. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.061 level soon. P.S We determine oversold/overbought condition...
So far we have seen Stop Hunt along with Bullish order block and that block Break Market structure now we are going to wait for RTO = Return to order block if we see on hourly time frame get respected we will long and our target will be recent high and SL will be below Stop Hunt SH.
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...
Price has hit a demand zone and found support, price is also touching bottom of keltner and both 1h and 4h RSI stoch is overbought.