After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the...
✅GBP_NZD is going down And the pair broke the key Horizontal level of 2.1030 So we are bearish biased And we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Bearish trend set up . Wait for retrace to enter sell
GBP NZD here we can see that price created a up trend line got break sweeping all the liquidity which are imbalance before now price have to sweep the liquidity at support zone, make a short trade as shown in the picture, follow for more live updates
Hello,Traders! GBP-NZD is making a rebound From the horizontal support Of the 2.1023 and as we are Bullish biased we will be Expecting a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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GBP/NZD is trading close to a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 2.1033 which is a pullback support. Stop loss is at 2.0983 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level. Take profit is at 2.1106 which is a pullback resistance that aligns close to a...
19th friday GBP news can be used as a driver to move price to ERL from IRL
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.
GBP/NZD hit our target nicely here, as we had a BOS. 3.84 Risk to Reward. STEP1. Ensure there is a strong trend STEP 2. Ensure there is a corrective mode Step 3. Look for Break of Structure above the previous swing high STEP 4, Ensure your risk to reward is 2-1 STEP 5. Use the FIB extension tool to predict .618 as target. Chris Head Coach & Mentor
Trader Tom, an investing.com technical analyst explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
The pair is currently trading in range forming a symmetrical triangle. After an uptrend the symmetrical tringle is continuation pattern idicating that breakout can see the uptrend continuation.
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.
Its never too late to enter the trades on this pair, aiming for PSTG 1 and 2. The market always has key levels, weak resistance, and that's where we make more money.
price breaking lows and now we're retracing to make a lower high. Disclaimer: this is not a trading advice, just my own perspective.
A glimpse of the GBPNZD in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Daily Bias is Bearish- Target is the FVG on H1 .. RR 5:1 Hopefully we get some volatility to help us reach Target before 3pm New York Time
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 2.09181 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the GBP and NZD exchange rates