- Price swept an old major high and closed below it with bearish pressure. - As you see on the charts after liquidity sweep price dropped 150 pips sweeping the last minor low and started a pullback to extreme order block 2.08000. - On a lower time frame (LTF) we can observe that price swept all internal liquidity and started going bearish forming minor equals lows...
Price formed a daily double top, so I'm waiting for price to break H4 support to continue bearish.
Hello everyone, on GBPNZD I'm looking for a bullish continuation and I'm aiming for EQH as TP.
GBPNZD has given the clean breakout of long term Head and Shoulder pattern. And now the market is retesting the broken level. sellers seems to be exhausted. if this breakout holds the next upside targets will be 2.0900 followed by 2.100
another one I will be looking at this week, should this mitigate the zone I will take it,
My analysis based on volume data indicates a high chance of NZD strengthening and GBP weakening.
Take a look at our analysis for GBPNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 2.070. The above observations make me that the market will inevitably achieve 2.056 level. P.S The term oversold refers to a condition where an asset has traded...
GBPNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPNZD Entry - 2.0738 Sl - 2.0820 Tp - 2.0567 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD formed a cute double top formation after a test of a key horizontal resistance on a 4H time frame. Because the pair is quite overbought, we may see a retracement from the underlined blue area. Goals: 2.068 / 2.061 ❤️Please, support my work with like, thank you!❤️
There was a good bullish rally in the last days for the sterling. It is not a good idea to enter in a deal right now, because we have a lot of signals for a correction. Once we have a correction we could look for a entering in a buy position. The best place is at the eclipse. We should look for a confirmation - bullish divergence or a candlesticks formation.
as the dollar is rising and NZD falling while GBP is keeping somewhat a stable structure. we can say that the pair is ready for a bullish trade.
✅GBP_NZD price went up sharply But a strong resistance level was hit at 2.0821 Thus, as a pullback is already happening And a move down towards the target of 2.0715 shall follow SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
GBPNZD Poised To Rise Further During this week GBPNZD broke out from a large bullish pattern. It is not clear if this bullish volume will continue for a long time. However, on the current picture, GBPNZD looks poised to rise further. The first resistance zone will be near 2.0865 and the second zone could be near 2.0920 After the second zone I would like to...
Odder block 1 go short... The market was ranging now we got our continuation that enables us to reach the dominant odder block to take short positions use proper risk management your tp is on the first lower odder block..
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...
Technical outlook for gbpnzd on daily chart, for the long term view it seems that we just finished the third wave after the correction (wave 4) or the (pullback ) confirmed , and now we're starting the fifth wave the (impulsive wave), this wave moves in the direction of the overall trend but is usually sluggish and nearly as dynamic as the third wave of an Elliott...
Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade