Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPNZD has been overall bullish , trading within the rising channel in blue. Currently, GBPNZD is in a correction phase, approaching the lower bound of the channel. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong area...
Trade #1 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.11718 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.12814 Risk to Reward Ratio: 1:2
Hello,Friends! GBP/NZD is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level...
Trade #1 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.11718 Risk to Reward Ratio: 1:1 Trade #2 Trade Type: Buy Stop Entry Level: 2.10627 Stop Loss: 2.09542 Take Profit: 2.12814 Risk to Reward Ratio: 1:2
Please, check our technical outlook for GBPNZD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 2.110. The above observations make me that the market will inevitably achieve 2.136 level. P.S Please, note that an oversold/overbought condition can last...
GBPNZD is trading in rectangle after a bullish move, there is no diversion on RSI and we can anticipate bullish breakout from rectangle.
GBPNZD already making higher highs, now retesting its daily support. Personally longing this trade on a funded account! >1:4 RR
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
We can attempt to buy GBPNZD as it give breakout of LH , also bullish divergence occur indicate that it move upward. SL , TP mention in chart.
Yesterday, the price failed to maintain its bullish momentum and broke the bullish FVG. As I mentioned in my previous post, in case of a break in the bullish FVG, we will look to sell until the recent bullish FVG, which is available at 2.03234. The favorable point now is that a new bearish FVG has been established. If the running candle closes at its present...
I wanna buy GN this time. After few short intraday, chart is giving me some buy signal. I buy a little , lets see what happens.
Having seen a textbook setup on the daily timeframe wonder if this setup will playout considering the fact that: 1. It might take time to playout 2. Price might still decide to go south 3. Otherwise the Inverse Head and shoulder might playout Just my thoughts though I await yours on the comment section
GBPNZD is showing bullish divergence and it break its Last LH which shows potential HH buy on CMP
Going with the trend for 3 days Long .. after getting rejection from Strong weekly AOI and entering as directed by Arrow line
Hello,Friends! GBP/NZD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2.110 area....
GBPNZD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. We expect a pullback to the 50% retracement level. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
Hello,Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.078...