Easy Trade Long due to Fibonacci and pattern analysis, the bullish push up has made a pullback and is now ready for continuation :)Longby Dretrades2024Updated 0
GBPNZD: The Price May Go Lower 🇬🇧🇳🇿 GBPNZD formed a double top formation after a test of a key horizontal daily resistance. We saw a strong rejection from the upside yesterday. It makes me think that the market may drop lower soon. Next support - 2.0615 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader228
GBPNZD must make a choice! 2.06 or 2.094GBPNZD currently exhibits a bearish structure highlighted by this bearish channel. Currently, the price, after bouncing off the bottom of this channel, is at a crucial point. The latest bullish reaction has led to the formation of a demand zone, ranging from 2.0760 to 2.0940. If the bearish trend maintains its strength, it is possible that the price will decline to break the demand zone, reaching the level of 2.06. At this level, the lower side of the channel and the demand zone intersect. Personally, I anticipate a potential bullish turnaround at this specific point, and that's where I will look for an entry point at H4. I will keep you updated. Greetings and happy trading to all, from Nicola.Shortby Forex48_TradingAcademy112
GBPNZD This has not changed from previous setup of this pair, I'm looking for price to trade into the zone. Here I see a possible Neo wave setuoLongby Mntungwa871
GBPNZD Set To Grow! BUY! My dear friends, Please, find my technical outlook for GBPNZD below: The instrument tests an important psychological level 2.0711 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 2.0805 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 118
GBPNZD MMXM Reversal TradeI am going to place a short trade because I detected the close of a Market Maker Buy Model, and so this adds greater confluence to a reversal trade because institutional players may want to take profit at this point. We will target the lows. I recommend a risk-to-reward of 1:1 for this trade, but I'm going to personally go for a 1:2, however I will take partial profits somewhere in the middle.Shortby UnknownUnicorn46588180Updated 1
GBPNZD long movePrice is currently falling for a retest and a reversal cloud lead to upward movement towards our target. Longby OCBE-FX1
GBPNZD Analysis🏃♂️ GBPNZD is moving in a Descending Channel and broke the Uptrend line and 🟢 Support zone(2.077 NZD-2.073 NZD) 🟢. 🔔 After completing the pullback , I expect GBPNZD to decline to at least the 🟢 Support zone(2.060 NZD-2.056 NZD) 🟢 and the lower line of the descending channel. British Pound/New Zealand Dollar ( GBPNZD ), 1-hour time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.Shortby pejman_zwinUpdated 1114
GBP/NZDOn Daily, it made engulfing candle to continue Bearish move. On hourly it made a double top and going Bearish. Also, you can notice a head & Shoulders on zoom out as well.Shortby Ha-Lion0
GBPNZDin this case, i will explain about basic technical as we know, gbpnzd already break a important support, so we expect the trendline has changed. now i think the price must go UP to fill the IMBALANCE first and hope will bearish continuation disclaimer DYORShortby dorissim4
Sell idea and tradesAs an assumption, I am considering a running flat pattern. As a likely confirmation that it has been already completed, are: 1. Head and shoulders patter, retested neckline 2. Break of the channel for the wave C. Shortby Alpha_MindUpdated 2
GBPNZD,🔴Sell opportunity🔴(Read the caption) As you can see, the price swept the liquidity that formed as a previous day's high and was rejected. We can see the CHOCH formed in 15 minute chart and create the supply zone and FVG. In addition, the price created the liquidity pool below the supply zone. So we can expect the rejection from the supply zone. Please pay attention, we need the LTF confirmation for entry. 💡Wait for the update! 🗓️31/01/2024 🔎 DYOR 💌It is my honor to share your comments with me💌 Shortby VahidTradingCRUpdated 117
looking short in gbpnzdentry point: 1-2.07235 2-2.07550 tp: 1-2.06000 2.05997 3.2.05284 best wish for all of you dont forget money managment good luckShortby behdaddivsalar2
#GBPNZD H4 #GBPNZD H4 Next Possible Move wait for confirmation then we will enter for sell Shortby boomfxtraderteam2
GBPNZDPrice appears to be overbought, we could expect price to drop in the coming week.Shortby RicoTrades_1
GBPNZD Bearish Showing H&S Pattern, FIB and Divergence Instruments shows head and should pattern with 4H Divergence. Price action shows bearish momentum with a first LH and LL. Placed a sell stop, which is better choice if the price breaks the previous LL and placed a Stop loss at previous LH. TP is set at 1:1 reward at FIB 60%. Will it work, what do you think?Shortby halian2k0
GBPNZD looks bearish GBPNZD looks bearish due to we can see bearish divergence last higher low break that's why it most likely go in bearish trendShortby zainmalang301
GBPNZD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)Shortby ShahedZare2
GBPNZD- Sharp FallVery straight forward, consider blue line as a resistance SL is 4H candle close above this line TP is at 2.06 by ZaeemattallahUpdated 5
GBPNZDGBPNZD was trading in descending parallel channel. The price was reacting well the support and resistance of channel. Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be 2.0800 What you guys think of this idea?by JustTradeSignals115
GBPNZD - Sell SetupGBPNZD printed Head n Shoulder pattern along with bearish Divergence on RSI. Moreover, it broke the most recent HL which further gives confirmation of downtrend movement.Shortby HammadFXPro3
DeGRAM | GBPNZD completion of the AB=CDGBPNZD completed the AB=CD pattern, which is essentially a complex pullback against the major trend. The market rebounded from support and a 141.1% fibo extension level. We expect a retest of the resistance level since the major trend is bullish. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!Longby DeGRAM6