GBPNZD..SHORTOANDA:GBPNZD short position can be taken in the specified area
There is no position before the area
GBPNZD
GBPNZD Bullish Breakout! GBP-NZD broke out of
The falling channel pattern
And the breakout is confirmed
So we will be expecting
A further move up!
GBPNZD Will Explode! BUY!
My dear subscribers,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0515 pivot level.
Bias - Bullish
My Stop Loss - 2.0437
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.0668
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBNZD going SouthOn a daily basis, GN faced rejection at the resistance level at least four times. Recently, there were some reverse N Waves observed. I entered a second time as the trend went against my expected direction.
GBPNZD: Preparing For a Bearish Wave 🇬🇧🇳🇿
Have a look at that bearish imbalance that was formed on GBPNZD
on a daily time frame on Friday.
With one single bearish candle, the price violated a neckline of a
descending triangle formation and a key horizontal support.
The market is retesting the broken structures at the moment.
I believe that a fall will initiate soon.
Next support - 2.0372
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GBPNZD SHORT - FOLLOW THE MOMENTUM!Waiting for a break and retest at 2.06302 to short GBPNZD back to Daily swing low at 2.00643
If you agree drop a like and if you have any questions leave a comment :)
GBPNZD- 4hrs ( Sell Trade Target Range 300 PIP ) 💵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 ( Short ) Mid Term
Type : Mid Term Swing
——————————
Bearish Break
2.06600 Area
Reasons
- Major Turn level / D
- Visible range Hvn
- inner Pattern Break
- Turn Over Area
- PDL
- PWL
Bullish Reversal
2.03000 Area
Reaons
- Major Turn level / D
- Visible Range Lvn
- Pattern Full Target
- Quarter's Area
- Choch Area
GBPNZD: Bullish Continuation & Long Trade
GBPNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPNZD
Entry Point - 2.0535
Stop Loss - 2.0445
Take Profit - 2.0723
Our Risk - 1%
Start protection of your profits from lower levels
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gbpnzd h8 short sell from resistance tp 2.0300🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal
after we hit strong overhead resistance at 2.0900. currently risk/reward shifted
in bears favor.
🔸previously V-shape recovery completed at 2.0900, however right now bears
will likely take over in this market. below bears will target mirror s/r level
at 2.0300. strong risk/reward on sell side now.
🔸Recommended strategy for GBPNZD bears: short at market / short sell any rips
and rallies towards resistance, SL 80 pips TP1 +200 pips TP2 +400 pips. swing trade
setup, so naturally will take more time to hit TP. good luck, traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
gbpnzd sell positionIn the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.
GBP-NZD Long From Support! Buy!
Hello,Traders!
GBP-NZD is going down
But will soon hit a
Horizontal support level
Of 2.0575 from where
A bullish rebound
It to be expected
Buy!
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Check out other forecasts below too!
GBP/NZD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038.
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The sideways pattern of continuing the bear market?Dear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
The first analysis is Litecoin
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily).
I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
GBPNZD...SHORTOANDA:GBPNZD A short position can be taken on the specified levels
There is no position before reaching the surface
GBPNZD - Long from support zone ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from support zone for a potential long.
Fundamental news: Upcoming week on Tuesday we will see results of Unemployment Rate on NZD.
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✅GBP_NZD TIME TO BUY|LONG🚀
✅GBP_NZD broke out of
The wedge pattern while
Trading in an uptrend
So we are bullish biased
Now and we will be expecting
A further move up
LONG🚀
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GBP-NZD Potential Long! Buy!
Hello,Traders!
GBP-NZD is trading in
An uptrend and the pair
Is breaking out of
The opening wedge
Pattern so I am now
Bullish biased and
I think that we will see
A further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
GBP-NZD -4h, time to sellGBP-NZD -4h, time to sell
As you can see, the weekly close and daily close was rejected and now the price is under daily levels .
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
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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.
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.
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WISH YOU ALL LUCK
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.
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
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