Get started

Gbp-nzd

GBPNZD Confirmed long-term buy------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- The GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High: Following the initial rebound after the August 12 Low, the price broke above the 1D MA50 (blue trend-line) confirming the bullish break-out sentiment. This may be the perfect opportunity for those who missed it earlier. Our long-term target for the end of the year is just below the 0.786 Fibonacci retracement level at 2.010. Those who seek more risk, there is also the Symmetrical Resistance if the Triangle breaks to the upside. ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇 👇
Long
by TradingShot
GBPNZD a long opportunity 🦐GBPNZD on the 4h chart perfectly tested twice the weekly support. The market broke the descending trendline and is now trading below a 4h resistance. How can i approach this scenario? IF the price will break and retest the structure i will check a potential long order according to the Plancton's strategy rules. --–– 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.
Long
by InkyGrip
2
No clear indication the downward is coming to an end on GBPNZDGBPNZD - Intraday - We look to Sell at 1.9000 (stop at 1.9100) Previous support located at 1.8850. Previous resistance located at 1.8900. Trend line resistance is located at 1.9000. There is no clear indication that the downward move is coming to an end. Risk/Reward would be poor to call a sell from current levels. Our profit targets will be 1.8750 and 1.8700 Resistance: 1.8900 / 1.9000 / 1.9100 Support: 1.8850 / 1.8800 / 1.8750 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Short
by OANDA
GBPNZD on a short term outlook 🦐GBPNZD on the 4h chart after the recent bounce over the weekly support retraced between the 0.5 and the 0.618 Fibonacci level. The price is now trading above a minor support and. we can expect some bearish price action after the EU market open. How can iu approach this scenario? I will wait foe the break below the support area and when that will happen i will look for a nice short order according to the Plancton's academy rules. --–– 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.
Short
by InkyGrip
10
GBPNZD Excellent buy level for a rally to the end of the yearThe GBPNZD pair has been following exactly our trading plan since our last update a month ago, getting rejected on the 1D MA200 (orange trend-line) and hitting the Higher Lows zone of the long-term Triangle pattern that it has been trading in since the April 02 2020 High: The initial rebound after the August 12 Low is seeing a pull-back in the last 10 days and that may be the perfect opportunity for those who missed it, to buy again. Our long-term target for the end of the year is just below the 0.786 Fibonacci retracement level at 2.010. Those who seek more risk, there is also the Symmetrical Resistance if the Triangle breaks to the upside. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
2
GBP/NZD: Short from Resistance 61.8% Fibo - SELL continuationThe GBP/NZD as predicted in previous Ideas, after a Pullback on the 61.8% Fibonacci Area in confluence with the Resistance Area ( White rectangle ) and the Dynamic Trendline, the price started to turn again bearish following the Main trend, the Downtrend. The Stochastic now is outside the Overbought area and is approaching the decline meanwhile the RSIis definitely a Bearish one. We are looking to reach our Take profits.
Short
by FOREXN1
8
GBPNZD-- Final position taken; 3 of 4 ideas currently activeHey guys, I recently entered into 2 long term trading positions on GBPNZD. And, as I usually do, I took a couple scalping positions as I monitored the market waiting for those two positions to initiate. You can find the other publishings down below in the related ideas section. Also, this is a scalp trade in my opinion, which I discussed my thoughts on these types of positions on one of those other publishings i just mentioned, so be sure to check that out if it sounds interesting to you. Like, comment, and subscribe to the channel for more content on foreign exchange, United States economics, and bitcoin trading ideas. As always, happy trading, and good luck!
by Bobbyusesfib
GBPNZD-- Skillset demo on 1H TF scalp trade (6:1 RR)I do not typically entertain intricate/unreliable unit analysis using small timeframes. This is simply because "The closer you look, the less predictable the behavior becomes". I will not be referring to the much more imperative timeframe analysis' (1W, 1M, etc.) that I have drawn up (and partly visible) regarding the GBPNZD on this posting, not sorry. Nevertheless, I do feel compelled to demonstrate that it is possible for market participants to identify and react to small timeframe price action and produce a net gain.. Even if the risk is taken using a data set analysis done on what has been proven an extremely unreliable keynote of units; those being the 1H & smaller timeframes. How, you ask? Well, first lets just be completely clear: In my experiences, price closes should not be considered or reacted to on any units if they are smaller than a 4H unit. A trade made on a small timeframe is called a "scalp", and though many people may disagree with me here, I am calling this trade idea on the 1H timeframe a "scalp" trade.. The first thing we should notice when looking at the chart shown above is the strong reaction to the price area of 1.878 (+/-), & a clean impulse, followed by the consolidation of price movement-- this is where we are currently trading. Although many traders prefer to utilize swing levels (lol) when drawing Fibonacci retracements, I have found my success in the markets as well as confluence with other types of indicators and comparable analysis' when I retrace "clean impulses", or 3+ green or red candles in a row (Plus, the candles on either side of the clean impulse), as opposed to retracing full swings. A clear example of this approach is well demonstrated on this publishing. Please let me know in the comments if you would like more information on how I use Fibonacci theory to find success in extracting value from a market. One of the many first principles I always apply when scalp trading is "the target is the pullback", which is what I am confident is taking place on GBPNZD as I write this. Although there is PLENTY of potential for price to hit levels lower than the .618 retracement level, the reduction of risk and security of net gain takes place then (immediately), which is much earlier and more conservative than if I was taking a risk while applying a higher unit analysis and data set. This is how you can net gain in such unpredictable data sets. After all, it is the target... Happy trading, and good luck!
by Bobbyusesfib
2
Further upside expected in GBPNZDGBPNZD - Intraday - We look to Buy at 1.9250 (stop at 1.9140) Previous support located at 1.9350. Previous resistance located at 1.9400. Further upside is expected although we prefer to set longs at our bespoke support levels at 1.9250, resulting in improved risk/reward. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9475 and 1.9500 Resistance: 1.9400 / 1.9475 / 1.9500 Support: 1.9350 / 1.9250 / 1.9200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Long
by OANDA
GBPNZD targeting 2.010 after this pull-back is completedThe GBPNZD pair is trading below both the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) for the past week. This is not an unfamiliar trading set-up as the same W pattern was last seen from October 2018 to October 2019. The last Lower High of the long-term Triangle pattern was on February 03 2022 so currently, in terms of RSI also, we are on the last pull-back before the final rally to complete the pattern. Our long-term target is the 0.786 Fibonacci retracement level at 2.010. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
by TradingShot
1
GBPNZD providing rangebound opportunity?GBPNZD - Intraday - We look to Buy at 1.9300 (stop at 1.9190) Previous support located at 1.9350. Previous resistance located at 1.9400. A lower correction is expected. Risk/Reward would be poor to call a buy from current levels. A move through 1.9400 will confirm the bullish momentum. Our profit targets will be 1.9525 and 1.9550 Resistance: 1.9400 / 1.9450 / 1.9550 Support: 1.9350 / 1.9300 / 1.9200 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.'
Long
by OANDA
Joe Gun2Head Trade - Selling GBPNZDTrade Idea: Selling GBPNZD Reasoning: Large engulfing candle on the 60min Entry Level: 1.9452 Take Profit Level: 1.9257 Stop Loss: 1.9550 Risk/Reward : 2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
GBPNZD Emerging Golden Cross targets 1.9830.The GBPNZD pair is close to forming a 1D Golden Cross, which is when the MA50 (blue trend-line) on the 1D time-frame crosses above the MA200 (orange trend-line). That is a technical bullish pattern. As you see on the chart, every time the pair formed a 1D Golden Cross, it traded within a Channel Up pattern and the price rose to the 1.5 Fibonacci extension and then the 2.0. Also the candle action printed a similar formation and they happened to be around the same levels. As a result we expect the price to trade higher within a new Channel Up and target 1.9830 (1.5 Fib) short-term. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
Long
by TradingShot
6
Joe Gun2Head Trade - More Sterling pain expectedTrade Idea: More Sterling pain expected Reasoning: Lower prices expected selling into the strength over the past 60mins Entry Level: 1.9242 Take Profit Level: 1.90400 Stop Loss: 1.9272 Risk/Reward: 3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
GBPNZD Action plan depending on break-outsThe GBPNZD pair is currently under a rejection on the 1D MA200 (orange trend-line). Even though the 1D MA50 (blue trend-line) is the next Support, based on the correction of 2020, we are more likely to see the trend turn bearish again than bullish. As a result, our plan is to sell as long as the price doesn't close a 1D candle above the 0.618 Fibonacci retracement level (around 1.9850). The hard bearish target is the 2018 Higher Lows trend-line and if you want you may take the -0.236 Fibonacci extension (around 1.8300). A break above the 0.786 Fib though (2.015 roughly), invalidates the bearish bias and instead should create a new long-term bullish pattern towards the Higher Highs, with our target on that occassion beaing 2.1000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
by TradingShot
3