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Gbpnzdsignal

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
Long
by ForexPlanet20
GBPNZD At the moment, I think it will be too soon for me to say there would be a reversal or a continuation, however a breakout on either side is what I'd love to see before taking a position. A break above the and its retest, 2.04919 I will go long A break below the and its retest, 2.04036 I will go short. Until then, fingers crossed Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
by Mbjoey
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
Long
by ForexPlanet20
GBPNZD Analysis. swing trade signal!!!Hello everyone, i want share my trade idea about GBPNZD. Picture is simple, after strong uptrend we see some downside movement which is not pretty strong, its looks like correction, trend is going up at higher timeframe and came back for retest daily support. For my entry point i used my Fibonacci tool which showed me good points of entry and first point of entry is at daily support. At marked point it showed me some strong candle confirmation but it came down, but with my strategy the picture gave me long entry point. Here is my setup. Open position - 2.094 Stop loss - 2.07 Take profit N/A ( if i will be right i will follow with trail stop loss) Gud luck everyone!! manage your risk!!!
Long
by elmakacho
2
GBPNZD, ripe to short to the next significant levelThe GBPNZD was rejected by the upper trendline of the ascending channel on 21st August, 2023. made a pull back to the 2.13930 support. Price is currently being resisted by the EMA-50 on the 4HR time frame. A break below the EMA-50 could push the price down to ultimately re-test the EMA-200 support at 2.10941. On the other hand, the fibo retracement could pull price above to 2.14605 resistance entry where the price can have a significant short.
Short
by AbeikuGlobal_FX
1
GBPNZD ____ INCOMING BEARISH MOVEHello Traders, GBPNZD has been heavily bullish and with this bullishness, it created imbalances which can also be referred to as price inefficiency which would be made efficient or rebalanced in the future. Last week, there was a bearish CHOCH on the daily timeframe which indicates a shift from bullish to bearish. Could this mean that price is ready to rebalance the inefficiencies? I don't know but the probabilities are positive. I will be waiting to see if price will trade into the daily supply orderblock. When this happens, I will go into the 1hour timeframe to see if there will be a shift in structure to go short. If I don't see, I don't trade. Price might not get to the order block due to the strong bearish move and just continue. Our job is to wait. See below for correlated pairs: EURNZD, NZDCHF & NZDSGD Follow for more updates like this. EURNZD ANALYSIS NZDCHF ANALYSIS NZDSGD ANALYSIS Cheers, Jabari
Short
by jabariofafrica
GBPNZD Sell Trade: High Probability, 1:6 Risk-Reward Adventure!"Introduction: Hello fellow traders! Today, we are back with an exciting long-term trade opportunity: Sell GBPNZD : 2.09450 Take Profit : 1.99403 Stop Loss : 2.11150. We will exit the trade if the Bank of England (BoE) maintains a hawkish rhetoric without softening. In this article, we will delve into the technical analysis and fundamental factors supporting this trade, all while keeping in mind the timeless wisdom of forex proverbs that guide us towards high probability trades. Technical Analysis: The decision to enter a sell trade at 2.09450 is driven by a compelling technical setup. The price level has consistently shown strong resistance, experiencing multiple rejections. Moreover, when applying Fibonacci Retracement levels from 1.89374 to 2.09450, we anticipate a 50% retracement downward. This enticing setup offers a remarkable 1:6 Risk Reward ratio, enhancing the trade's potential for substantial profit. "The trend is your friend." This age-old saying reminds us to align ourselves with prevailing market trends. As I have already mentioned that the GBP weakens in August 2023, the technical setup for the GBPNZD sell trade complements the broader downtrend, increasing our chances of success. Fundamental Analysis: The prevailing market sentiment suggests the BoE is likely to raise interest rates by 0.25% while signaling an end to their tightening policy. As a result, bearish traders are gearing up to capitalize on this expected scenario. "Trade what you see, not what you think." While expectations may be clear, as traders, we must be adaptable. If the BoE surprises with a more aggressive 0.50% rate hike or maintains their hawkish stance, the British pound could experience a significant surge. Staying open-minded and ready to adjust our strategy ensures we are prepared for all possible outcomes. Economists are raising concerns over downside risks for the British pound. The market may have overestimated the BoE's hawkishness over the past three months, and the UK economy's stagnation presents challenges in a G10 context. "Cut your losses short and let your profits run." As we venture into this trade, we must adhere to this timeless wisdom. If the trade doesn't unfold as expected, we should be ready to exit with minimal losses. Conversely, if conditions align with our analysis, we should let the profits run, maximizing our gains. Conclusion: The GBPNZD sell trade presents an enticing opportunity with its high probability setup and favorable Risk Reward ratio. However, it's essential to stay vigilant and agile, considering both technical and fundamental factors that may influence the trade's outcome. As traders, let us heed the wisdom of forex proverbs, guiding us towards successful and rewarding journeys in the dynamic world of forex trading. Happy trading!
Short
by AhsanTufail
8