Let’s see how it’s going to play out and then we will decide
I'm excited to share an insightful observation regarding my current trade position. Upon conducting a thorough analysis on the daily time frame, I've identified a bullish fair value gap, signaling a promising upward trajectory for our trade. The bullish fair value gap suggests that the current market price is below its intrinsic value, indicating potential...
📉🚀 GBPNZD Market Analysis: Preparing for a Potential Downtrend! 🎯💼 Forex Traders, here’s a critical update on GBPNZD: OANDA:GBPNZD 🔄 Double Top Formation: GBPNZD has formed a double top chart pattern at the top of the current uptrend, indicating a possible reversal. 📉 Neckline Approach : The pair has reached the neckline of this pattern. A definitive...
Hello,Friends! We are going long on the GBP/NZD with the target of 2.109 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
Gbpnzd is been bull market for quite some time, we have seen side moves in the past weeks, but after the pair grabbed some liquidity. Its time for some bull run.
As price hit ascending trend line expect to rise pls like for support
My dear friends, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.0832 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.0938 Recommended Stop Loss - 2.0763 About Used...
GBP is looking good across the board. I think in this case the inverted HS is not done, this is just a retest. Very low risk on this trade and good reward. The pair just landed on a support area (broken resistance) and looks that is going to accumulate and then bounce up. SL triggers is the support is broken by a weekly candle.
The bullish butterfly pattern is another type of harmonic pattern in technical analysis. It's formed by four distinct price swings, with specific Fibonacci relationships between them. The pattern resembles the shape of a butterfly, hence its name. Here's how the bullish butterfly pattern typically forms: 1. **Initial Move (X to A)**: The pattern starts with a...
1. PSTG 1 TO BE hit 2. PSTG 2 TO BE hit 3. Market WILL retest on the zone i predict that it is going retest at. ///trade///
A long position can be taken in theis pair with the mentioned price and SL
The buy signal on GBPNZD is still valid. This is clear and comprehensive analysis on the GBPNZD. Don't fall for the trap. GBPNZD for Long. Goodluck!
GBPNZD has been ranging and currently stands along a strong support area with a Bullish Divergence on 1HR and 4HR TF. Buystops can be placed with the BOE interest rating news incoming. Sentiments currently are 87% long.
Hello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on EURNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Looking at the chart of GBPNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
The market bounced off the resistance zone, making an impulse move. FX:GBPNZD reached a strong weekly resistance and formed a bearish candle, which suggests that the market is most likely to pullback toward the support level. The market failed to make a new high after three attempts to break the resistance zone, which indicates the bulls are running out of...
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