GBPNZD is in a balance zone, and the price on H4 is undergoing consolidation. A rise is very likely.
The idea is GBPNZD long. As you can see firstly we have the last line (E) which shows us an exhausted movement in bear way. We have to consider that we can take the 2 circles as double bottom which is not verified yet. Also the support there with combination of the bullish RSI helps us to consider that the price movement could be for the GBP. The best option to...
GBPNZD looks in bearish trend makes lower low and lower high and there is not any kind of reversal indication that's why most probably it will go in bearish side that's why i am taking short entry
in my opinion, it's forming a reverse head and shoulder and has to be bullish in the future. I'm a beginner so what are your thoughts?
The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a well-defined bearish channel pattern. This pattern suggests ongoing selling pressure and a higher likelihood of further declines in the coming minutes or hours. Key Points: Bearish Channel: The price has been trading within a descending channel characterized by two falling...
💵Pair Name GBP/NZD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish /...
We might see reversals back to 2.0756 for entry to continue sells as it still appears bearish.
The GBP/NZD pair has lost momentum for a possible rebound, regardless of Bank of England Governor Andrew Bailey's tempered remarks regarding the pace of interest rate hikes, despite presiding over a divided decision. This shift in sentiment has prompted a breakdown in price support around the 2.0500 area, followed by a subsequent retest and further bearish...
H1 - Bearish trend pattern. Strong bearish momentum. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
GBPNZD is forming lower highs (LH) and lower lows (LL). According to Dow Theory, this suggests that the price may continue moving lower. "Remember to always follow the risk-reward ratio and allocate only 0.5% to a maximum of 1% of your portfolio per trade."
GBPNZD pulled back to the support level that was tested two times. Usually, the price breaks the level on the third attempt. The market has bearish sentiment, and there is a high chance that the price will continue moving south. We expect price action to make a pullback and go down to test the lower border of the descending channel. ------------------- Share...
BBMA OA Strategy: H1 - Candle close Below MAHI M15 - CSM ((when candle close outside the Top/Below BB))/Candle Close below 50 EMA M5- wait for Reentry in MAHI or ReTest of Yellow Box Note: * 1:3 RRR (30 sl, 90 tp)
Shorting this pair, and as you can see the trend is downward
This is the perfect place to buy At the end of wave 4 What do you think?
SELL without stop loss SELL without stop loss SELL without stop loss SELL without stop loss SELL without stop loss
💹 Forex Quick Check: #GBPNZD 📉 Trend: DOWN 🚀 Action: LONG @ 2.03802 🎯 TP: VIP ROOM 🔍 Insights: Hey traders. Welcome to Anna Trade Charts. Here we had another analysis for #GBPNZD. #GBPNZD was in the down trend and now it is almost on the key level. Here we can see clearly that it sweeps the liquidity and now is approaching the major support zone, where we can...
GBPZD is currently floating in profits, after clearing the buyside liquidity the priced returned back inside the range to head for previous 2day lows + the swing low or sellside liquidity
Possibility of continuous bullish run until the tp line.