Gbp-nzd
GBPNZD is facing bearish pressure | 07 May 2021Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement . Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as well as -27.2% Fibonacci retracement . If prices push up further, prices might face resistance from 50% Fibonacci retracement and 161.8% Fibonacci extension . Ichimoku cloud is also above prices, showing a bearish pressure for prices.
GBPNZD is facing bearish pressure | 07 May 2021Prices are facing bearish pressure from our short-term descending trendline resistance, horizontal swing high resistance as well as 100% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards horizontal swing low support and our 2nd target can be the Fibonacci confluence area of 78.6% Fibonacci extension as well as -27.2% Fibonacci retracement. If prices push up further, prices might face resistance from 50% Fibonacci retracement and 161.8% Fibonacci extension. Ichimoku cloud is also above prices, showing a bearish pressure for prices.
GBPNZD testing the support 🦐GBPNZD tested the support area a few times.
If the market will break and close below, according to Plancton's strategy we can set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBP/NZD: horizontal trend line just broke! What's next?Hey guys,
Taking advantage this morning of GBP's strength and NZD's weakness. This pair should be strong today.
As you can see, the orange horizontal resistance just broke to the upside with a strong bullish candle AND with volume, suggesting buyers are definitely in.
We are also above the blue thick trend line, indicating future bullish PA.
The idea is to target the next fib extension at 1.93840 levels as our first target, so a nice 50+ pip trade!
Our Target 2 (T2) would be the the following fib extension at around 1.94400 and so on.
Trade with care and show some ♥️
Jesse
GBPNZD testing the support 🦐GBPNZD tested the support area a few times.
If the market will break and close below, according to Plancton's strategy we can set a nice short order.
IF the price instead will move higher after the triple bottom we will check for a long opportunity.
--––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBP NZD Break LongGBP NZD breaks resistance 4 Hour Resistance
Going To Long To The Next Resistance From 4 Hour And 1 Hour Supports And Lock In On The Hourly.
On the 4 hour we have the 17 ema support for the uptrend.
On the hourly we have ema support including 55,99 and 17 ema and ichimoku cloud supports.
GBPNZD turn at the 0.5 Fib 🦐GBPNZD after the attempt to break the monthly resistance started a retracement move.
The market reached the support area over the ascending trendline, and started a minor impulse until the 0.5 Fibonacci level
According to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
-----
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPNZD - FOREX - 21. APR. 2021Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Bearish pullback towards previous sr level.
4 HOUR
Bullish market structure.
DAILY
Looking for more bullish pressure towards previous highs!
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FOREX SETUP
BUY GBPNZD
ENTRY LEVEL @ 1.93370
SL @ 1.91960
TP @ 1.95540
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPNZD turn at the 0.5 Fib 🦐GBPNZD after the attempt to break the monthly resistance started a retracement move.
The market reached the support area over the ascending trendline, and started a minor impulse until the 0.5 Fibonacci level
According to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
-----
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
Sometimes wild, sometimes mildMaybe the title is a bit extremist. But that is the reality of this cross. It goes through a process with the utmost power and finally completes everything with a long shadow. A very strong uptrend and now a sharp downtrend. But do not forget one thing: it is always based on analysis. We are waiting for the price reaction and probably a signal for a trade.
ANALYSIS ON GBPNZDHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is now close to its TRENDLINE SUPPORT it can bounce back from here
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand.
So let us know which pair you want our analysis on, and we will get it for you. Do like and follow us.
GBPNZD a test of the trendline 🦐GBPNZD after the attempt to break the monthly resistance started a retracement move.
The market reached the support area over the ascending trendline, from here we can see a move to the upside before a new inversion to the bearish side.
According to Plancton's strategy if the conditions will be satisfied we can set a nice short order.
-----
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
GBPNZD - FOREX - 13. APR. 2021Welcome to our weekly trade setup ( GBPNZD )!
-
1 HOUR
Pullback after bullish closure.
4 HOUR
Overall bullish market structure.
DAILY
Expecting more price action towards previous highs.
-
FOREX SETUP
BUY GBPNZD
ENTRY LEVEL @ 1.95600
SL @ 1.94590
TP @ 1.97160
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPNZD - The 1000pip TradeGBPNZD is within a parallel channel and last week we saw it reject the channel and drop. Simply look for a bearish correction and enter. Ideally the correction would lead us back to the area of interest indicated in the chart.
We're anticipating GBP weakness across the board. See links below as to why.
Goodluck and trade safe!
GBPNZD - The 1000pip Trade GBPNZD is within a parallel channel and last week we saw it reject the channel and drop. Simply look for a bearish correction and enter. Ideally the correction would lead us back to the area of interest indicated in the chart.
We're anticipating GBP weakness across the board. See links below as to why.
Goodluck and trade safe!