GBPNZD forming a bearish AB=CD pattern, so we will took the BUY trade after breaking of B point and wait for the D point which is our potential reversal zone. Then if we will get any reversal on D Point we will take the SELL ENtry
GBP NZD is making an ascending triangle. It is indicating the continuation of the bullish trend. Once it breaks the level of 2.15360 , we can take a buy entry.
seeing that the RSI is saturated and diverging, there is a possibility that the price will return for a correction. there is an opportunity to take profit on a short position with a possible 500pips
Sell GBPNZD Open Order 2.1508 Sell Lim 1 2.182 SL 2.2 TP 2.099 Min Profit 5,100 P Max Profit 13,100P Worst Loss 6,600P Tools 2,000$ Open order 0.04 lot Sell Lim 1 0.06 lot Min Profit 204 $ Max Profit 684 $ Worst Loss 294 $ 5,000$ Open order 0.1 lot Sell Lim 1 0.15 lot Min Profit 510 $ Max...
I been keeping my beady eyes on this one for a few weeks now and I'm ready to commit a short on this existing negative e daily candle, I can see a string of down days next week on a fairly useful and well deserved pull back .Also on the back of 4 negative high priority news reports on the pound on Friday could help the pull back excelerate.
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX If you like the idea, do not forget to support with a like and follow. GBPNZD Quick update. As we can see price is still overall clearly bullish trading inside this rising channel However, price is sitting around our upper bound of this channel acting as an over-bought zone lining up with a...
there was a small news drive today for sterling, this is a short setup and i don't care if it's caused by news or not, the setup is a setup )), reasons for the setup are out beyond tradingview users knowledge :)
Hello Traders We are not fighting the trend and buying off the bounce of the trend line. 1:3RR Trade Safe 🙏
GBPNZD PRINTING BULLISH FLAG so we placed Buy Stop Order.
An ascending triangle pattern appeared on the daily chart of the GBP/NZD currency pair. I am going to use this continuation chart pattern for a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. The stop-loss is to be...
This currency pair has caught my attention due to its recent breakthrough of the 2.10 resistance zone last week, propelling it upwards to around 2.13. But what lies ahead? Initially, it's worth noting that on the lower timeframe charts, we're witnessing a significant overbought condition. This hints at an impending retracement. In fact, signs are already emerging...
- Screen 1 (1 Day Time Frame): MACD Hightogram ... A bullish trend is indicated when the MACD histogram increases 3 times in a row and the most recent MACD histogram is greater than 0. ... A bearish trend is indicated when the MACD histogram decreases 3 times in a row and the most recent MACD histogram is less than 0. - Screen 2 (1 Hour Time Frame): ...
GBPNZD is trading in ascending channel but it seems like the buying stream is being limited. As the pair has started to form divergence as well. Currently the pair is hovering at local support zone but looks like sellers will take charge and continue to downside.
GBPNZD is trading in rectangle channel near the Mid: 2.06818. Rectangle channels are only valid when the price breaks and closes above below the upper/lower trend lines breakout. Stops Mid: 2.06818. Upside Targets: 50%: 2.11526 100%: 2.13910 Downside Targets: 50%: 2.02131 100%: 1.99809
Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. Firstly I expect price to make a retracement in order to fill imbalances and only after that to reject from bullish order block + institutional big figure 2.10000. Fundamental...
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...
I see the upward movement in the weakness chart and in my opinion you can enter the desired position with capital management