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GBPNZD

GBPNZD - Bullish Trend - 1H Time FrameBased on the chart pattern analysis, it appears that the price is forming higher highs (HHs) and higher lows (HLs), which indicates a bullish trend. Furthermore, the Relative Strength Index (RSI) does not show any divergence currently. I recommend taking a long trade with a risk/reward ratio of 1:1 Please note that this is my personal analysis and trade plan, and it is important for you to conduct your own research and risk management strategies before making any trading decisions.
Long
by mansooryousafzai
GBPNZD - Looking For Sell Setups Already!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on WEEKLY: Left Chart GBPNZD is sitting around a strong weekly resistance in green, so we will be looking for sell setups on lower timeframes. on DAILY: Right Chart GBPNZD is overall bullish trading inside the rising red channel. However, it is approaching the upper trendline. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green weekly resistance and upper daily red trendline. (acting as non-horizontal resistance) As per my trading style: As GBPNZD approaches the upper purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4
GBPNZD I STRONG set up coming this week! Here's How to trade it.Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!
Short
by BKTradingAcademy
GBPNZD 17/APR/2023GBPNZD currency pair is currently showing a consolidation within a wedge pattern. The price is approaching the resistance level of the wedge pattern, which is historically known to be a price level where the price tends to pullback or bounce downwards. Based on this historical price behavior, there is a potential pullback or downward bounce from the resistance area. Traders may interpret this as a potential selling opportunity, as the price could potentially move lower from the resistance level.
Short
by DNP-FX