I foreseen a Head and Shoulder pattern being formed on our 30 minutes chart. This gives us a long sell with opportunity to pockets many TPs before our target. A proper risk management is required though. Please follow me for more analysis
I foreseen a head a shoulder being formed on 30 Minutes chart and a long sell. Follow me for more analysis 👌
Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
We have a nice breakout on this pair and a nice falling wedge which shows that the trend will continue to go up to form new high's. Wait for a retest or consolidation then continue with the trend. GOODLUCK!!!
We are losing selling pressure at this liquidity level, which could lead to a potential rebound. This provides us with potential buying signals to explore new higher points, notably the level 2.07294. Therefore, we are opening a long position to initiate a purchase and attempt to reach this new higher level.
Bearish divergence spotted on an ascending channel on 1hr chart of GBPNZD. We can see soon that it may start falling or may go in distribution phase (Consolidation).
GBP/NZD is approaching an overlap resistance resistance and the momentum could potentially carry price up to the take profit target. Buy entry is at 2.06497 which is an overlap resistance and a potential bullish breakout level. Stop loss is at 2.05330 which is a level that sits under an overlap support. Take profit is at 2.07850 which is a pullback resistance...
OANDA:GBPNZD Resistance zone breakout + Trend line break out + up trend
Standard sell off strong H4/DAILY resistance, down to previous H4 bullish structure. Daily is still bearish so the resistance level we're selling off will have to be broken to confirm a bullish bias on the daily
No method or trading system ensures that it will generate a profit, so always remember that trade can lead to a loss. Trading responsibility
GBNZD paid is currently warming up for a reversal after emergence of bearish RSI. Targets are mentioned on the chart.
Hello Traders! This is my idea related to GBPNZD H1. I see that OB and FVG were already taken and I expect a retracement until the resistance level. Consider this idea a good opportunity to execute a short trade. In case of confirmation of bearish sentiment, I will execute this trade. Traders, if you liked my idea or if you have a different vision related to...
Is GBPNZD exhausting at resistance zone? As the price is been on high bull run but now it seems like price is lacking bullish momentum after printing double top pattern at resistance level and bearish divergence( on lower time frame) suggesting the sell pressure is about to start. If the bears took control , the 1st target could be 2.0300. What you guys think of it?
The double top is confirmed, now the pair is testing the broken neck. There is too much resistance above, It´s most likely to drop down to the next support level 1.997.
with no divergence this pair is looking promising to continue its bullish trend on 1hr time frame
The strict beauty of the chart is a reflection of the fierce eternal battle between the bulls and bears and right now I can clearly see that the bears are taking over so we will bend to the will of the crowd and sell too. ❤️ Please, support our work with like & comment! ❤️
GBPNZD has touched the resistant level. I'm not sure if there's an opportunity to open a position in the next two days. If there's a signal on the H1 chart, I'll consider shorting for a potentially significant distance. Let's wait together.
Welcome back traders GBPNZD is ana amazing setup with evefyone can book his pocket because it has nice entry point. Stay and follow with me