EurNzd to move higher?ello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Last week i mentioned about GbpNzd, took quite some time for the breakup. small rangy moves over the last week for both EurNzd and GbpNzd. the wait was over on thurs.
Can see more upside..prefer to have some pullbacks to long. Shall watch.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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GBPNZD
GBPNZD - Breaches Key Weekly LevelThis is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level.
It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.
GBP/NZD Best 2 Places To Sell It To Get 500 Pips , Patient=WinThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assis
GBPNZD Will Go Down! Sell!
Please, check our technical outlook for GBPNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.091.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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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 :-)
GBPNZD Buyers In Panic! SELL!
My dear friends,
My technical analysis for GBPNZD is below:
The market is trading on 2.0911 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.0782
Recommended Stop Loss - 2.0977
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
Gbpnzd bias to go higherHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
It could also possibly be the case of a h&s on the h4...watch the price action as it unfold, be flexible :)
Do check out my stream video for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
-- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! --
*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
*********************************************************************
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 :-)
Buy GBP/NZD Bullish ChannelThe GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours.
Key Points:
Buy Entry: Consider entering a long position around the current price of 2.0785, positioned close to the channel support. This offers an entry point near potential buying pressure.
Target Levels: Initial bullish targets lie at the previous resistance levels within the channel, now acting as potential support zones: 2.0868 and 2.0906. Further upside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions.
Stop-Loss: To manage risk, place a stop-loss order below the broken support line of the channel, ideally around 2.0735. This helps limit potential losses if the price unexpectedly breaks down and invalidates the bullish pattern.
Thank you.
GBPNZD - Expect downside move ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here I expect to see bearish price action as price could reject from resistance + FIBO 0.618 level + institutional big figure 2.08000. My target is sell side liquidity.
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GBPNZD Massive Short! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.0811
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0712
My Stop Loss - 2.0879
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPNZD forming bearish head and shoulders?GBPNZD - 24h expiry
Price action looks to be forming a top.
A bearish Head and Shoulders is forming.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
The 50% Fibonacci retracement is located at 2.0790 from 2.0915 to 2.0666.
The hourly chart technicals suggests further upside before the downtrend returns.
We look to Sell at 2.0790 (stop at 2.0840)
Our profit targets will be 2.0670 and 2.0640
Resistance: 2.0790 / 2.0840 / 2.0900
Support: 2.0690 / 2.0625 / 2.0560
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.
GBP/NZD Possible Head and Shoulders Pattern Can Be Caught Soonon the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern.
i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our top will be the head and our bottom will be the neckline. at 61% or 71% fib level we can expect the point of the right shoulder. you can put a limit sell order or wait for a bearish price action around those levels
GBP/NZD LONG FROM SUPPORT
Hello,Friends!
Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.080.
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Buy GBPNZD Bullish PennantThe GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of an uptrend, potentially leading to further advances in the coming minutes or hours.
Key Point s:
Recent Price Action: The recent price action shows the price holding above the support line of the pennant, indicating continued bullish momentum.
Buy Entry: Consider entering a long position around the current price of 2.0740, positioned near the support line of the pennant. This offers an entry point close to potential buying pressure.
Target Levels: Initial bullish targets lie at the following levels:
2.0900: This represents the height of the pennant, measured from the top to the bottom of the pennant, projected upwards from the breakout point.
2.1000: This is achieved by adding the height of the pennant to the breakout point (which coincides with the support line in this case). These targets act as potential resistance zones that could see buying pressure.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the pennant, ideally around 2.0660. This helps limit potential losses if the price breaks down and invalidates the bullish pattern.
Thank you
GBPNZD - 4hrs ( intraDay Buy Trade Target Range 120 : 360 ) 💵Pair Name GBP/NZD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Long ) Mid Term
Type : Mid Term Swing
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Bullish Break
1.08200
Reasons
- Liquidity Zone
- Fixed poc break
- Month High
- Channel Break Out
- Fixed De value
Bearish Reversal
2.10000 Area
Bearish Reversal
2.1200 Area
Reasons
- Major Turn level
- visible range Hvn
- Pattern Target
- Major Quarter's High
- Fibo Golden
GBP/NZD Long & Short Scenarios Explained In This Video !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.