GBPNZD has risk structure wise a good high profitability setup coming. When price enters this zone I will be looking for short setups as price has been in a big downtrend. More ideas coming up! Let me know what you think!
📉 Overview: GBPNZD is currently in a robust bearish trend, offering traders an immediate entry opportunity. Our analysis, grounded in DOW Theory, underscores the strength of the downward movement. 📊 Technical Analysis: DOW Theory principles highlight a consistent pattern of lower lows and lower highs, affirming the prevailing bearish trajectory. 📈 RSI...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish, trading inside the falling channel in red and it is currently approaching the lower red trendline. Moreover, the zone 1.985 is a robust demand zone. 🎯 Therefore , the highlighted red circle represents a significant area to consider for potential buy setups, as it marks the...
Hey Traders, in tomorrow's trading session we are monitoring GBPNZD for a selling opportunity around 2.02000 zone, GBPNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 2.0200 support and resistance area. Trade safe, Joe.
Analysis of the British pound against the New Zealand dollar As long as the price is below the trend line, it can continue to decline Important resistance 2.03570 Support and target 1.97000
Now and at this time, dear friends, you should wait for buy anything is possible even failure?!
Sell GBP / NZD to complete the Harmonic pattern, and also to reach the ascending trend to start buying again.
gbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
In this video I break down just two positions that shaped up last week on EURCAD and GBPNZD, both sells with a minimum return of 10% on both positions. Why is there always an industry gimmick of 'don't trade in December' when people have not even tested the data. Go back to December 2022, 2021, 2020, you will find positions in the market. Keep your focus on the...
Hello,Friends! Bullish trend on GBP/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.042. ✅LIKE AND COMMENT MY IDEAS✅
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
GBPNZD: LONG- Structure Analysis GBPNZD faced a strong support zone near 2.0100 This is also a strong psychological price for the market participants considering that it is close to the 2.000 price zone which is also observed by all the market. The British Pound rose today after strong UK Retail Sales data by ignoring in this way the Q3 GDP...
We have seen a breakout on our trendline in 4H time frame and which is a first signal that the market might be bullish. In order to strengthen our belief, a breakout on our bullish order block at 2.01887 further confirms that the market is bullish. There is also high tendency that price might retraces back to test the breakout zone, hence Price could react...
GBPNZD been moving on a down trend and took out the buyside liquidity and fvg zone and the price have retested am expecting stability movement of price to 2.0672 JOIN AND ENJOY Tell us what you think?
Previously price respected the resistance zone making it first touch of the , thereby validating it. Currently GBPNZD price is moving to make it second test, we might see a corrective test as it behave in the first touch. Price will fill the wick @2.02631 . My target is to Price 2.0145. If you found this helpful, please support your fellow trader with a like.
GBPNZD is in the falling wedge pattern with a price bouncing at the strong support line. Price actions shows bullish divergence with a possible reversal of going long. Placed a buy stop at previous LH with 1:1 RR. What you all think, Will it go long?
GBPNZD is making a bearish continuation pattern which Bearish Flag pattern, no divergence occurs on RSI.