We have a short entrance at D1 zone, making a beautiful wyckoff confirmation, in H1 we have SD confirmation.
Quebrou a resistencia, tornando-a num suporte. Testou o topo de uma linha de tendencia, fez o retest no novo suporte e agora a previsão é long com um r/w de 9 para 1. Long
Gearing Up for a nice GBPNZD Buy opp. Price has been playing around this level but seems to be beginning to reject the structure below it. If price provides us with bullish confirmation, we're in there. No NZD or GBP news in site, so we should be in for a clean technical trade.
First position bought on higher timeframe support. Second position taken on retest of double bottom/break and retest set up. Overall trend is upward.
Price has some 25-30pips to the HOD. Long for a SH to the top. Once cleared the top, wait for a sign of weakness for a short. Long target 40pips Short target at least 50pips
Analysis of #GBPNZD Hello friends, i am waiting for this ABCD pattern to complete to enter short if the rules are met Kindly if this idea is helpful to you, leave a comment below and press the like, it will help me big time Check today analysis below⠀ _____________________________________________________________________________⠀ -DISCLAIMER: This...
We will be monitoring price action at the marked zone for any bullish setups, if the pair gives us the right structure we looking for the we will be interested in taking orders.
Possible longs that could play out due to trend and support holding. Seems as if price is setting up for a double bottom here to head back up
waiting for a bullish engulfing to close out of this consolidation area in order to enter this trade showing signs to the upside
FOREXCOM:GBPNZD I am looking for price action to break the structure level that is directly above. Once price action closes above this level, I would like to see a retest of this level to continue the buy up. In order for me to take a sell, I would need price action to break and close below the current trend line. Once I get a confirmed break and close below the...
In along term slightly bullish movement appears. However in a weekly move seems to gain stronger momentum.
We have some bearish hidden divergence developing and we are retracting back to the golden zone and a new minor resistance zone
Scenario 1 - Break of ranging market and continue to the upside. Potential long term target could be 2.00900. Scenario 2 - Continue of a ranging market / consolidation period (DO NOT TRADE THIS). Scenario 3 - Move to the downside and a break of the support level. Potential target would be 1.91270.
Potential buy here on the break of the daily resistance but only if we close above which at the moment we are not doing! Looking to fill this wick tomorrow.
Hello Traders! Today GBP/NZD has tested and rejected the downtrend trendline, which has acted as the resistance. Price has found the top at 1.9760 and slowly started to move down. Recently we shared an analysis for the EUR/GBP currency pair where GBP is expected to get weak against the EUR. This analysis corresponds to the GBP weakness, but this time against the...