TRADE IDEAsince the general movement of the pair is bullish based on 1D tf ...then we can take advantage of the movement by buying the asset aight!
so according to my trading system I expect to buy the pair from 2.07156
Gbpnzdanalysis
GBPNZD - Opportunity for long position ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance and there is a confluence for a potential long if price rejects from bullish order block + institutional big figure 2.06000 + FIBO 0.5 level.
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GBPNZD IDEA 💡 I foreseen a Head and Shoulder pattern being formed on our 30 minutes chart. This gives us a long sell with opportunity to pockets many TPs before our target.
A proper risk management is required though.
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GBPNZD IDEA 💡 I foreseen a head a shoulder being formed on 30 Minutes chart and a long sell.
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GBPNZD is ready to go longWe are losing selling pressure at this liquidity level, which could lead to a potential rebound. This provides us with potential buying signals to explore new higher points, notably the level 2.07294.
Therefore, we are opening a long position to initiate a purchase and attempt to reach this new higher level.
GBPNZD H1 / FVG and OB take / looking for a SHORT TRADE ENTRY❗️Hello Traders!
This is my idea related to GBPNZD H1. I see that OB and FVG were already taken and I expect a retracement until the resistance level.
Consider this idea a good opportunity to execute a short trade. In case of confirmation of bearish sentiment, I will execute this trade.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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7 Dimension Analysis For GBPNZD Yearly: The market is entrenched in a multi-year downtrend. Despite yearly structure breakouts, rejections from the CIP level have been consistent, indicating strong resistance. The failure to breach upper yearly resistance suggests substantial selling pressure. A post-breakout bearish buildup implies a high likelihood of further downside in the coming years.
Monthly: A shift from a bullish to a bearish character is evident. Strong resistance rejections, particularly marked by a classic doji in August 2023 within a blue-box-highlighted area, indicate significant downward potential. The momentum flow in August 2023 adds conviction to the bearish scenario.
Weekly: While the weekly chart shows some sideways movement, the current positioning lacks clarity. Further examination is required for a comprehensive view of the market dynamics.
😇7 Dimension Analysis
Time Frame: Daily
Swing Structure: Bearish
Structure Behavior: Choch 50%
Swing Move: Impulsive
Inducement: Done; high is confirmed
Pull Back: 1
Internal Structure: Bearish
Ext OB: Unmitigated
Resistance: Found at the FVG area, with demand formed and three proper IFC rejections.
Time Frame Confluence: Daily
Pattern
Chart Patterns: A rounding triple top within a green rectangle indicates a bearish breakout, signaling the end of the corrective move.
Candle Patterns: Inside, with a Harami on Friday close.
Volume
Fixed range volume indicates a strong seller presence.
Significant bearish volume is observed at the green rectangle.
During the cycle, only one bearish candle had a significant impact on price.
Momentum RSI
Zone: Sideways
Range shift: Not clear but oscillating between sideways to bearish.
Divergence: A hidden bullish divergence suggests the potential for short-term bullish momentum.
Overbought sold rejections count: 1, with a bullish divergence.
Volatility Bollinger Bands
The middle band is below, indicating a bearish trend.
Expansion suggests a short-term sideways zone.
Just finished a walking on the band.
Strength According to ROC
Values: -0.37 GBP vs. 3.5 NZD, indicating NZD's strength.
Sentiment
High selling sentiment according to all the studies.
✔️Entry Time Frame: H1
✅Entry TF Structure: Bearish
☑️Current Move: Impulsive is starting.
✔Support Resistance Base: Extreme supply area.
☑️Candles Behavior: Rally-based drop, Momentum.
☑️Trend Line Marked: Waiting for breakout.
💡Decision: Ready for sell
🚀Entry: 2.046
✋Stop Loss: 2.0602
🎯Take Profit: 1.9750
2nd If Internal Structure change also Exit 3rd trendline breakout, Fomo
😊Risk to Reward Ratio: 1:5
🕛Expected Duration: 15 days
SUMMARY:
The analysis reveals a strongly bearish sentiment in the market. The yearly and monthly perspectives provide a broader context, while the daily analysis points to an imminent impulsive move. The entry strategy aligns with the overall bearish outlook, with a clear risk-to-reward ratio and an expected duration of 15 days.
GBPNZD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we have the same scenario as on GBPAUD, we are bearish, so I am looking for short. I see price to go a little bit higher to fill the imbalance and then to reject from bearish order block + institutional big figure 2.05000.
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'Slow December' is a Myth.In this video I break down just two positions that shaped up last week on EURCAD and GBPNZD, both sells with a minimum return of 10% on both positions. Why is there always an industry gimmick of 'don't trade in December' when people have not even tested the data. Go back to December 2022, 2021, 2020, you will find positions in the market. Keep your focus on the task at hand and not on 'myths'.
GBPNZD Long Term Buying Trading IdeaHello Traders
In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes_ (GBPNZD market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPNZD Potentially Bullish on weeklyFX:GBPNZD Looking good for a long especially if this week's candle closes around the 2.057 area. This doesn't mean we may not see a further push lower. Looking at the lower TFs, there are chances for price consolidation
DeGRAM | GBPNZD in the consolidation zoneGBPNZD in the descending channel.
The market overall is consolidating, so we anticipate price movement between support and resistance.
We expect further consolidation until the new trend is confirmed by breaking out of the zone.
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GBPNZDPresently, the bullish correction seems to have come to an end. On the 4hr charts we have a change of character and an internal break of structure that informs our sell limit order targeting the downside area.
GBPNZD SHORT - BIG BREAKOUT!Waiting for a retest of 2.05670 to short GBPNZD back to daily swing lows at 2.03105
If you agree drop a like and if you have any questions leave a comment :)
DeGRAM | GBPNZD shorting opportunityGBPNZD broke and closed below the consolidation zone. The market created an opportunity to short.
The market has tested this level multiple times, and there is a high chance that level will act as a strong resistance.
We expect the price to make a pullback to resistance and 50% fibo retrenchment.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPNZD Long Term Buying Trading IdeaHello Traders
In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes_ (GBPNZD market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPNZD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bearish market structure from 1H timeframe perspective, so I am looking for a short position. I want price to make a retracement to take buy side liquidity and to fill the imbalance higher and then to reject from bearish order block.
Fundamental news: Next week on Friday will be released monthly GDP on GBP.
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GPNZD BUYHello, according to the analysis of the GBP NZD pair. There is a good opportunity to buy as the pair exits the side channel as shown in the analysis. It also broke the strong Double Bouton pattern. And breaking the resistance at the level of 2.05500. All of these factors confirm that the market is for purchase. Good luck to everyone.
GBPNZD - bullish setupGBPNZD - Elliott Wave Count
GBPNZD market has completed wave 4 correction and started wave 5 impulse with a target of 2.10000 and above. If the market breaks below the red line, the view is invalid.
Please exercise caution when trading as this information is for educational purposes only.
FX:GBPNZD OANDA:GBPNZD FOREXCOM:GBPNZD PEPPERSTONE:GBPNZD EIGHTCAP:GBPNZD SAXO:GBPNZD CAPITALCOM:GBPNZD FX_IDC:GBPNZD
GBPNZD Breakout From The Wedge!GBP-NZD broke out of
The bullish wedge
While trading in an
Uptrend which confirms
The bullish bias we had
So now a further move up
Is to be expected
#GBPNZD to continue the bull trend------------GBPNZD LONG------------
It looks like the correction of the larger up trend is over and course can continue its way to the upside. I went long on GBPNZD with a modest position size. If indices go lower in the near future then this idea is valid and can expect GBPNZD to skyrocket. We will see.
Please note this is not a financial advice, do your own analysis and research!
GBP/NZDHello traders, have a good week. Analysis: gbpnzd is still in a corrective zone. The sell deal I think is good
What you think Symmetrical Triangle ?Symmetrical Triangle continuation Pattern in 1 Hour Chart GBPNZD, its show that might they Break out from this point to Upward Direction, showing bullish Trend. Entry Price & TP1 & TP2 Set Accordingly Stop Loss is also set
For Plan B Entry price is also set for Short Trade might this go from this Point to down ward so we set trade accordingly & Entry Price & Stop Loss for Short Trade is also Defined with TP1 & TP2 as well.
Symmetrical Triangle continuation Pattern might take break out both side so we already make plan for the both side trades, once one side trade is active, so cancelled the other side, wait & watch
