Gbp-nzd
GBPNZD - Possible bullish routePAIR IN FOCUS: GBPNZD
BIAS: NEUTRAL-BULLISH
HORIZON: SHORT TO MEDIUM-TERM
Price is currently in a range and it would be good to be patient and wait for a break out of it. Should the price break higher, observe for a retest of the upper range area for targets at the next structure level. Likewise for TP 3, we would want to see a break and retest of the structure level AND strength to climb higher.
TP 1 - 1.96900
TP 2 - 1.98200
TP 3 - 1.99300
Let's see how this goes!
GBPNZD UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPNZD Will price bounce in our bullish zone? This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBP/NZD: GOOD BEARISH SIGNALSHello Traders!
- MACD looks very pessimistic -> STRONG BEARISH MOMENTUM
- RSI is NOT OVERSOLD and it is DESCENDENT
High probability of breaking out from the support and going down until the historical support! GO SHORT when the support breaks. Watch out for possible false breakout!!!
VF Investment cannot be held responsible for any financial damages suffered from following our well-funded but personal opinions and trading ideas.
Please, maintain proper position sizing and risk management!
GBPNZD. What will happen to the price?Hi subscribers!
The price of the British pound is currently under the influence of the downtrend.
If the price goes beyond the boundaries of these lines and does not fall below the support level,
then you can buy currency. if this does not happen,
then this is not the best option.
Good luck to you.
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This idea does not provide the financial advice.
GBPNZD LONG TRADEGBPNZD rebounded from daily demand zone at level 1.9890
Price completed bearish harmonic pattern (AB=CD)
RSI reached reached oversold region and broke downtrendline
MACD shows weakness in bearish momentum
It's expected for coming bullish wave to retest downtrendline near level 2.0310
GBPNZD "Guess" DailyThe first thing I see is quite confusing price action.
But what I guess... I wait till price to close above 2.095 area and come back to test it - "ROUNDED RETEST".
Another option is that the price closes below green area, then i stand aside and wait till price meet EMA200.
After that I can make next plan.