Currently Trading At 2.04012, Buy Dip Till 2.02067 For The Target 2.08240
im gonna take a long at the bottom. lets go get those pips
GBPNZD took out the sell side liquidity and we already have a price retest now price is moving on a downtrend by forming new low after retesting from the previous low. Am still expecting more break down on GBPNZD to 2.02497 JOIN AND ENJOY Tell us what you think
We are expecting sells on GBPNZD. The market has introduced a new trend by breaking our trendline support. On the zone 2.07894 is where we will execute our sell orders.
This is my Analysis for GBPNZD on 30 min time-frame.
D: Downtrend, Retraced 50% 4H: Uptrend. Retraced 23.6% and hit -61.8 + Bearish divergence 1H: Downtrend. Retraced 61.8% CURRENTLY: I'm looking for price to break below trend and go short to -61.8 on 1H FIB @ weekly key level and support/resistance zone
GBPNZD trade idea - has hit a local major resistance recently, based on continuing uptrend break out from medium term pullback for around 70 pips move buy.
Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.067. ✅LIKE AND COMMENT MY IDEAS✅
Let's see how this will behave once it reaches the zone. We might get. Big trade at the zone or a minor one. We will see
✅GBP_NZD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 2.0963 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD has reached A horizontal resistance Of 2.0974 and we are Already seeing a bearish Reaction from where I think We will see a further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello Traders, If you look at the annotations on my chart, you should see everything I see and why I see them that way. I think the annotations give context. I will wait in the comments to answer questions instead. Cheers, Jabari
The market bounced off the resistance zone after a bearish divergence on the 4H. FX:GBPNZD reached a strong daily resistance and probably will pull back to support levels because the daily level at 2.09000 was rejected. It formed a big bearish candle. I expect the market to fall from the resistance zone toward the support level and breakout of the upward...
GBPNZD En: 0.382 and 0.27 Sl: 0 (1% of your balance) Tp: 1 (Check the picture or tradingView for Numbers) Cancel if Tp crossed without opening #30Min_trade #N41
In today's trading session, our focus is on GBPNZD, where we are eyeing a buying opportunity around the 2.08000 zone. GBPNZD is currently traversing an ascending channel and is in a correction phase, approaching the channel support at 2.08000. Adding a fundamental layer to our analysis, recent Consumer Price Index (CPI) data indicates a trend of softening...