Gbpnzdidea
GBPNZD SELLHello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading technically we understand that use of S&R support and Resistance failed to break Our R zone We expect price to fall back to our support. We Sell immediately the market open, remember proper risk management. Drop your comments on What you think about this trade thank you.
GBPNZD - Long active ✅Hello traders!
‼️ This is my perspective of GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective as price forms higher highs and higher lows, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 1.94000.
Fundamental analysis: On Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action.
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GBPNZD - Bat Pattern OpportunityIf GBPNZD goes up from here it will likely trigger my bearish bat pattern limit order (see previous idea). However, if it falls from here it will trigger my bullish bat pattern limit order.
My back testing shows that these patterns are highly profitable on this pair. I enter with a limit order at the 88.6 retracement and take TP1 at the 38.2 retracement and TP2 at the 61.8 retracement.
If price moves against me I trail my take profit levels accordingly.
GBPNZD - Bat Pattern Forming SOON!Bat patterns on GBPNZD are very profitable on the 4H timeframe.
- Entry: 1.96189
- Stop Loss: 1.97407
- TP1: 1.94499
- TP2: 1.93456
I have set a limit order at my entry price. If price moves against me I will trail my take profit levels in accordance with the 38.2 and 61.8 retracement levels from the low of the pattern to the current price level.
If the pattern is invalidated before hitting my entry limit order, I will delete the order.
GBPNZD GBPNZD - Just an idea!
Technical view:
Beautiful channel/ Trendline down now concentrate on that. Now yes could be pattern wise a cup & handle pattern - but it hasn't broken out yet ... Look at the price and the wicks of the candles on knowing who's in control. Above and out of this channel bulls can gain control towards 200 EMA. However, if we break below the range we are in expect us to retest the recent lows of 1.89250/100 areas.
Keep it as simple as possible with the great R/R trade ideas.
Key tip: Don't forget to follow your own trade plan that's what really matters.
Have a great day ahead,
Trade Journal
GBPNZD Trading Plan - 27/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPNZD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
DeGRAM | GBPNZD price at resistanceGBPNZD broke out of the descending channel and moved higher to the resistance level.
The market overall is moving sideways. There's a nice confluence zone to short at the resistance level.
We expect a pullback from the resistance.
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GBP/NZD in my opinionHello guys!
Again Vugar here.
By following GBP/AUD, I decided to write some sentences about it.
Already, we see that it created flat channel or something like it. Channel upper level is 1.93550, bottom line is 1.90867.
The is most important is its median. Median is parallel line among trend channel. In GBP/NZD, median is 1.92480 approximately.
What can we wait for?
Price now is 1.9213. This is too closer to median. In this case, have one decision: - put SELL STOP at 1.92000!
TP 1.91328
SL 1.92700
If we will have a chance (a little) then we will be successful in the end of day!
Good luck!
20 Reason for sell GBPNZD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: multi years double bottom
2 📆Monthly: market make lower high even protect their last low during September's volatile moves
3: 📅Weekly: protect the previous high and after it, formate a clear inverted flag that indicates the down move will continue till you grab 50% of the wick liquidity
4: 🕛Daily: a side or range bond market
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bear
6: 2 Pattern Candle Chart: down base down
7: 3 Volume: Average
8: 4 Momentum UNCONVENTIONAL Rsi: favor in bear
9: 5 Volatility measure Bollinger bands: after a tight squeeze downside bear walking on the band formation
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: GBP is weaker then NZD
✔️ Entry Time Frame: H4
12: Entry TF Structure: bear
13: entry move: impulse
14: Support resistance base: 20 ma resistance
15: FIB: trigger event done
☑️ final comments: sell
16: 💡decision: sell at open high
17: 🚀Entry: 1.9100
18: ✋Stop losel: 1.9280
19: 🎯Take profit: 1.8575
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 5 days
DeGRAM | GBPNZD price ation coiling up GBPNZD is ranging at the support level and did not go further.
Price action previously declined from the resistance zone .
Since the market is in a bullish trend, we expect a bullish move from that support level.
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GBP/NZD Running In 300 Pips 0 Drawdown , New Entry Available 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.
GBP/NZD Running In 100 Pips 0 Drawdown , Important Update Now 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.
DeGRAM | GBPNZD shortGBPNZD is trading in the consolidation zone at the support level.
The market tested the support level multiple times before, and there is a high chance that level is going to be broken.
We expect a test of the next support level.
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GBPNZD - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on GBPNZD.
Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement to fill the imbalance and then to reject from bullish orderblock + institutional mid figure 1.98000.
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DeGRAM | GBPNZD longGBPNZD moved out of the ascending channel and made higher high.
The market broke and closed above psychological level of 2.0000.
Following a price surge, price is puling back to the support level.
We expect retest of the resistance level .
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