Hello traders and welcome! GBPNZD has formed an ABC bullish pattern on its daily chart, and the current price is trading above the long entry level (EL) at 2.05377. In this context, the anticipated target levels for Zone 1 are: Targets Zone 1: - 62% AB at 2.14142 - 79% AB at 2.17279
GBPNZD has formed a C&H pattern on its daily chart. The price is trading the Breakout: 2.03180 St: 2.00757 Targets: 62%: 2.12282 79%: 2.14810 127%: 2.22022 162%: 2.27123
a bearish engulfing candle after a reject from a key zone, then price pulled back to 0.5 fib level then formed evening star on weekly and a bearish engulfing candle on daily. got a small double top on 4hr which neck line was broken and retested
Weekly: Daily: 4H: Open for debate, because the daily and 4H are both big patterns. Not that easy to take in my opinion
As per chart pattern, #GBPNZD is making a downward triangle and seems bearish as of now. You can set your Sell Trade as per the points mentioned below:- Sell #GBPNZD at 2.07200 Take Profit as Target area and Stop Loss points are mentioned on the chart. Thanks for your support as always.
Price has made its way to a resistance area.... Look left and price is where it was previously rejected from.... Price is in a decending wedge... Looking for a push to the downside.
Looking to long GN from 2.05600 . SL 50 TP1 80 pips Confluences: Key Level 61 fibo Keep it simple Catch you later traders
GBPNZD: Time frames, Higher : Daily lower : 4 Hour Here the lower time frame(4H) aligned with Higher time frame(Daily). wait for the price to comes to 4H POI. I expect the price move all the way down to collect the sellside liquidity. Please correct me if you think i have made a mistake in the above analysis. Thank you.
gbpnzd might go for sell after retracement which is its main trend which is bullish.
#GBPNZD UPDATE Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPNZD. GBPNZD has done CHOCH pattern, a possible trend reversal pattern for LTF, We had an order block as well where we can execute our long position, it can give us 100+ pips . Keep in touch we will update further soon.
The price action I've observed on the daily timeframe points to a very nice bearish sentiment in five key points. Price peaks in August by forming a range, which breaks near the end of that month. Consolidation forms shortly after and downside momentum forces price to break below the lower range boundary. This marks a technical trend change as defined by the...
I am looking for a potential short idea. I will validate the trade at the opening of the London session tomorrow.
we have came into some key areas on weekly and daily looking to push back to swing low
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for a short position. I want price to make a retracement to take buy side liquidity and to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Next week on Friday...
The recent price action on the GBPNZD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️