Gbpnzdanalysis
GBPNZD: Short term Bullish Idea can push it towards 1.98 - 2.0GBPNZD has reached to the bottom of the rising channel and is under bullish pressure from the divergence created between the price and MACD.
Fibo retracement of 50 & 61.8 coincides with the previous structural support now can be seen as resistance.
Price can bounce up to the zone of 1.98 - 2.00 and then turn bearish for the future continuation.
GOOD LUCK FOR YOUR TRADES !!! PLEASE SHOW YOUR SUPPORT IF YOU LIKED THE IDEA
GBPNZD Updateprice at resistance need clear breakout above resistance and flip of this resistance is a good long
else
rejection from the resistance will send price to lower trend line Support
Wait for daily close for confirmation
GBPNZD BUY Trade Setup For Intraday.GBPNZD BUY Trade Setup For Intraday.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
GBP/NZD at strong support 💡Hello traders,
Hope you are having fantastic summer and also are finding time for trading as well :)
I will really apricate any likes and follows, that would help grow this channel.
GBP/NZD could move higher if price is rejected from this strong support line. We will look for opening long positions if we get a confirmation that price is actually rejected from this line.
Let us know what you think about this idea.
Trade safe !
GBPNZD, Anchoring Atlast..Strong Demand Zone
W,D resistance area
Bearish Channel TL holding
0.5 Fib Level Holding.
All In Favor of LONG
GBPNZD Trading Updatewe have very big selling pressure and price now also coming back so let's not take any position for now and make have some money for support touch..
we will long at support
GBPNZD buying zone !!!hello friends as we had since gain more then 2k pips on this pair
and now we are planing for more green pips soon this will come to
out buying area zone and we will buy this pair with a small risk
and higher rewards
we appreciate ur likes and comments
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GBP/NZD - Wait for confirmationThis seems like it could go two ways.
If it breaks below the support then we could expect a continuation in downtrend heading to newer lows. (Red Area)
Or if it breaks above resistance then we could expect the bulls to take over. (Green Area)
You can set your targets to the lines in yellow if you're following.
Just my analysis. Do not take my word for it.
GBPNZD - BUYOn this chart we can see a pull back that has occurred during this uptrend, a new level of support was found and price has come back to retest
We are already in this trade and I will be expecting price to bounce off this level and continue moving up
GBPNZD SHORT TRADE IDEAHello guys, here is the trade plan for GBPNZD. For trade details please refer to the chart. If you guys like my analysis please hit like. Thanks.
GBPNZD short!!!The NZD got crushed after the news event and we could see it regain its strength so that would mean a continuation of the trend !!!
GBPNZD - BUYPrice is now in an uptrend, it has broken resitance but is currently retracing. Once a price is moving up again we will look for buys
GBPNZD Long Idea on H1 TimeFrameFirst Higher Low on Hourly Chart.
3 Part Trade with TP1 and TP2 and previous highs.
Looking for 1: 2 R/R ratio
GBPNZD long trade ideaPlan: wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
GBPNZD LongOn the daily chart, the pair is at an important area of support. A strong indication of a reversal is imminent with a double bottom highly likely.
As such I anticipate a bounce off the trendline once the retest is complete to also form an inverse head & shoulders on the 4H chart.
This is a swing trade with a risk-reward ratio of 1:12.36.
So GBPNZD LONG:
SL: 1.93103
TP1: 1.97052
TP2: 2.01459
TP3: 2.05619
TP4: 2.09324
