Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here I expect to see bearish price action as price could reject from resistance + FIBO 0.618 level + institutional big figure 2.08000. My target is sell side liquidity. Like, comment and subscribe to be in touch with my content!
Hello everyone, on GBPNZD we have taken the sell side liquidity now we will look for the buy side liquidity.
this chart is going to complete a head and shoulder pattern in the daily chart. of course, you have to wait for the validity of this pattern. the validity of the head and shoulder pattern is it should break the neckline. otherwise, it’s not a valid pattern.
Market Structure Bullish on HTF Daily and Weekly Weekly and Daily at same AOI Weekly Rejection at AOI Potential Structure Point Weekly Weekly Head and Shoulder Formation Daily Head and Shoulder Formation Daily EMA Retest Daily Rejection at AOI Around Psychological Level 2.06000 H4 EMA retest 75% +3 REMEMBER: Trading is a Game Of Probability ...
As price under head and shoulder construction pls like for support thank you
My dear subscribers, This is my opinion on the GBPNZD next move: The instrument tests an important psychological level 2.0811 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0712 My Stop Loss - 2.0879 About Used Indicators: On...
Take 1% risk from your capital , Once market Move Half way , you have to make the stop loss to its entry point , This will be1:2 risk reward ratio , You can also close 50% trade once it reach 1:1 then the rest of the position you can close once trade reach 1:2
Hello everyone, after taking the sell side liquidity on GBPNZD I would now like the price to go for my buy side liquidity as a take profit.
GBPNZD - 24h expiry Price action looks to be forming a top. A bearish Head and Shoulders is forming. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. The 50% Fibonacci retracement is located at 2.0790 from 2.0915 to 2.0666. The hourly chart technicals suggests further upside before the downtrend returns....
It is based on indicators, on H4 and daily S/R. It is no financial advice. I am not a profi.
on the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern. i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our...
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
In Tf Daily, price now in the Reentry Buy after CSM Buy and also the reentry zone same level with Bullish Engulfing on the left. In TF H4, Price now at lower BB (lowest point to buy) in TF H1, Wait price to react and forms full cycle of BBMA (Extreme - TPW - MHV - CSAK Buy - Reentry - CSM buy - Reentry) ***always find setup at Reentry zone.. Follow me on...
Creating bullish structure on the daily and 4H, we have buyside liquidity above and a clear high that needs to be taken, using ltf confirmation we could see serious bullish moves to the upside
Hello,Friends! Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.080. ✅LIKE AND COMMENT MY IDEAS✅
The GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of an uptrend, potentially leading to further advances in the coming minutes or hours. Key Point s: Recent Price Action: The recent price action shows the price holding above the...
💵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 ( Long ) Mid Term Type : Mid Term Swing —————————— Bullish...
RSI DIVERGENCE (BEARISH) after the price goes up to take the liquidity, it might want to come down to test the FVG area. Or it might create QML