Trading Idea Regarding GBPNZDInshallah, This pair is going bearish
1-Rasing Wedge Chart Pattern
2-Divergence
Note:
I mostly use trailing stop loss so its my request, kindly set breakeven when price hit 30+ pips
Gbpnzdidea
GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPNZD Sell ideawe are waiting a candle to close under 1.9935 on H4 timeframe to take a shot position
good luck guys
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GBPNZD Inverted Head & Shoulder Pattern#GBPNZD Hello trader, I hope are good and safe. Today I opened the chart of #GBPNZD for 15 Min and analyzed it then I see that this chart has made a INVERTED HEAD & SHOULDER PATTERN, So I hope #GBPNZD will go up,
Now Nice opportunity for long.
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GBP/NZD: Exhausted market, a potential reverse!Hello, everybody, and welcome to my TradingView’s profile, my name is Gianni and today I’m going to analyse the GBP/NZD , translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities.
My ideas are for those who are interested in improving their financial education and for those who are looking for new trading opportunities, according with their own strategies.
Weekly timeframe:
Daily timeframe:
4 hours timeframe:
The market has been consolidating for a while and it has currently reached an important solid resistance level that rejected the price many times during the past years.
The last strong bullish impulse started changing its degree, forming an interesting rising wedge pattern, usually is a sign of exhaustion and decreasing of momentum. A possibility of a correction to the downside is quite hight considering the general condition of this pair.
When, where and why would I step into the market?
Overall the market has still a bearish perspective, considering that the consolidation area is between the last LH and LL.
The trend is not changed yet, so before planning my short position on this trade I will be waiting for a breakout of the rising wedge, some consolidation to confirm the breakout and good supply to protect my trade.
Only when these conditions will be respected, I will be looking for a good entry point with a RRR of 1:2 or greater.
I’ll update the idea with the suggested SL and TP !
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Trade safe and responsibly,
Gianni
DISCLAIMER
Please note the views are not investment advice and should be used only for educational purpose
GBPNZD BUY/LONGGBPNZD Analysis.
Key:
Pink- Monthly Zone(s)
Purple- Weekly Zone(s)
Yellow- Daily Zones(s)
Bullish Trend.
Please leave a comment against or for the analysis. Appreciate it.
GbpNzd- Where to buy for 2.0 target?From recent November's low under 1.9, the pair has reversed strongly and now is trading exactly in 1.9650 resistance
At this moment we can consider that a higher low is in place just under 1.94 and I expect a continuation to the upside for this pair, and 2.0 figure to be reached in medium-term.
Buy dips is my strategy for this pair and the ideal zone for a strong R:R is 1.95
A drop under 1.93 would negate this bullish scenario
GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPNZD: MY SECOND ENTRY / SIGNAL TRADINGHere is my idea for swing trade.
don't miss 200 PIPS on it.
Its seem huge stoploss 40 PIPS. But worth it to me for reward.
good luck and safe trade
GBPNZD Price is from a impulsive phase and now correcting in a correction phase, will be looking for price to break bullish to enter a buy trade.
New GBPNZDprice make a broadening wedge pattern, and the last structure price made an uptrend but already breakout, it will be going down and break out the support or going down for bouncing back to the uptrend.
GBPNZD I predict price will be bullish, especially since NZD GDP will be released. I predict the result will be bad because New Zealand was in lockdown for the past month due to spreads of coronavirus.
GBPNZD Price is currently moving in a symmetrical triangle, we'll have to wait and let price develop.
GBPNZD Price has reached the support zone, but failed to break through it. The next point price will retrace to is resistance before giving us a clear sell.
GBP/NZD long trade ideaThe instrument continues to trend upward.
Breakdown of the trend line on August 12 and 13 did not lead to a reversal, growth continues, possibly retesting the 1.9670-1.9630 zone.
A breakdown of the price below 1.9630 will mean a trend reversal.
GBP/NZD:UPTREND|FIBO PRICE ACTION ANALYSIS+DIVERGENCES|LONG 🔔Previous Idea in Take profit....
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GBP/NZD Short H2 TimeFrameGBP/NZD Short Signal on 9th August 2021
Sell GBP/NZD 1.9761
Sl: 1.9856
TP: 1.9609
gbpnzd buy gbpnzd buy :
1)nice pattern trend formed
2)bouncing back from support levels
3)formed naked candle in 1hr chart
gbpnzd longgbpnzd buy :
Reasons :
there are many support levels here,but market is going in a nice upward trend ,but it can retest and we cant be sure at which particular point it does retest,as there are 2 levels ,
so my best guess is that wait for the 2nd retest too and if it doesnt go there then we can place an uptrend
take profit will be the above support level which is gave
GBP/NZD Full Analysis And 2 Setups Available In This Video !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 Moving In Our Range And Many Setups Available Here ! 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
