GBPNZD Potential Long!GBP-NZD was trading below a falling resistance
But now we are seeing a bullish breakout
And a retest of the broken line
Which is now a support
From where price growth is to be expected
Gbpnzdtrade
GBPNZD Local Long!!GBP-NZD is trading in an uptrend
And the pair broke out of the bullish flag pattern
Then it started to rise
think there is a high chance
To see a rebound to the upside
GBPNZD is in sell zone!!GBPNZD is moving in a downward channel. Currently, on the daily timeframe, the price has formed a daily bearish engulfer or a middle man. There is a high probability that the price will respect this resistance and will continue to drop!
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GBPNZD Potential Long !!GBP-NZD is trading in a local falling narrowing wedge
The horizontal support level at 1.87550. has been retested
So if we see a bullish breakout
The pair will rise to the target above AT 1.92900
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(GN) create bullish senario!Hello Traders, Scalpers & Investors!
GBPNZD(GN) cross pair currently create hidden bullish divergence with over sold pattern.
Now I expecting a rebound to retest 1.996xx resistance zone!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
GBPNZD DReaching a strong resistance zone.
This pair has created an M pattern or what appears to be a head and shoulders pattern.
I see a trend break, broken ascending
triangle.
we should be clear for a drop in my opinion......
GBPNZDHello traders. The price is still rising in the weekly time frame. On the other hand, it is still moving in an upward channel. I expect it to continue its ascent to the top of the channel after completing the pullback. Be profitable
GBPNZD Down Trend.!#GBPNZD Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
ThankYou.!
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.
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
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.
Watch for Short entryKeep a look out for potential Short entry on GBPNZD, looking for a break below this short multi-week trend
Key levels are as follows :
*2.0119 - 2.0152 - resistance zone
*1.9943 - previous higher lows, potential bouncing point for start of consolidation below trend or a reversal point back into trend
Observations for Bearish sentiment :
1 - Oscillators showing bearish divergence on starting from 30m to 4H.
2 - For now it looks like it is not ready to test the trend support, oscillators showing a reversal from oversold if that's your thing.
3 - Price action looks exhaustive and unable to continue above resistance zone, will see if this short term upside move (point 2) will break that
Trade plan :
1 - For now look out for formation of consolidation below trend , NO ENTRY FOR NOW
Will update accordingly
* price levels might differ based on the broker you are using, however the underlying principle is the same. If the target is the previous price high point, do adapt that level based on what you see on your broker's chart
GBPNZD - exhausted & overboughtthe price is reach on the top of the channel + RSI is overbought & price action is exhausted.
wait for proper confirmation before entering SHORT position
GBPNZD downHi fellow traders, GBPNZD looks ready to drop after the WXY correction has completed. If we break below the red line the trade will be invalidated. Goodluck!
GbpnzdLooking for 340+ pips 💲💲
This is the chart of gbpnzd
Reasons for take this trade
1 - it's gave channel pattern breakout
2 - it's completed ABC pattern
3 - fib retracement(very important)
4 - if we see long term chart then we easily can see first there was impulse then retest and now continuing impulse
5 - history repeating
6- index showing weakness
Here are the reason to take this trade I hope I am succeed to give value and learning
We will get better together with time 🥰🥰🥰
That's was my analysis
Thank you 💟
GBPNZD shortAs soon as the market opens up, look for the opportunity to short this trade. TP 1: 1.9100
TP 2: 1.8900
GBPNZD-LongGBPNZD
Recently market had broken out of bullish channel and went sell but not able to cross the strong support zone. So from now i am looking for long move with SL below the support.
Trading Idea Regarding GBPNZDI try to make Every thing Simple and Self explanatory in The Chart. Thank you for Watching My Trading Idea.
GBPNZD (Bullish)First we identify the lower highs (LH) and the higher highs (HH). Perdicting that price will retrace at this point.
