Hello Traders, GBPNZD has been heavily bullish and with this bullishness, it created imbalances which can also be referred to as price inefficiency which would be made efficient or rebalanced in the future. Last week, there was a bearish CHOCH on the daily timeframe which indicates a shift from bullish to bearish. Could this mean that price is ready to rebalance...
With all the price action that has been going on, price is currently reacting to the internal supply zone labelled as the breaker breaker block because price is expected to break the area in order to fill the one directional bearish movement which created the imbalance. Should price slightly drop to level 2.12632 then we will have a clearer buying opportunity, the...
Hi Guys .....Look at my last analysis on GBP/NZD :https://www.tradingview.com/chart/GBPNZD/qtk3Cz85-GBP-NZD/ please share my account with your friends and let them earn some profit ... Guys boost my posts Good luck
As I say im waiting for the pound to drop so here also if we go lower im gonna buy at at my zone which is very good key level and psychological number at 2.1 also and confluences with 4H EMAs
Good day, traders. Today, we're going to examine the GBPNZD. I'm waiting for a pullback to the 2.1505 zone to activate my sell order. First TP in zone 2.1400, second TP in zone 2.1244. Bearish confirmation is required at the entry point; else, do not enter.
Hey Traders, Sometimes its best just to look at your charts and ask.. 'Why did price fall here last time?'. Well, it's simply because people sold. So you come back to it and what do you do? Watch for more.
GBPNZ if breaks below point B then sell stop will be triggered with TP1 and TP2, as per AB=CD pattern Point D will be Potential Reversal Zone
GbpNzd sell idea , broke trendline , and now start downward
GBPNZD making bullish ABCD pattern, we took the trade on break of previous HIGHER HIGH after the reversal on D point.
Possible Long Position COT report show bullish GBP and Bearish NZD.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last GBPNZD, we were looking for sell setups around the 2.16 resistance. GBPNZD is trading lower and it is approaching the lower orange trendline. Moreover, the zone 2.1 is a strong support. 🏹 So the highlighted red circle is a strong area to look for buy...
AB=CD pattern SL: 2.1310 EP: 2.1235 TP01: 2.1160 TP02: 2.1085 LOT: 0.16 RISK 1 %
So I have been going over GBPNZD for a while now.. That is because it is EASY to look at and get a basic understanding of what you should do. High Price = Get Short Previous Short Zones = Get Short. Just open ya eyes. PS> Entered shorts, further shorts applicable at drawn zone.
Looking to buy GN from the round number and 38% Fibonacci from the last big impulse. Round numbers with added confluences work well with this pair, may line up with GJ & GA (If also on strong levels) later today or tomorrow. Later Traders
The price has entered its corrective phase and will fall to the price limit of 2.1305
the price is on the final trace , then watching the best point to the exaustation price
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD has been overall bullish trading inside the rising channel in orange, however it is currently approaching around the upper trendline. Moreover, the zone 2.16 is a strong resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is...