GN has tapped into 4H Demand, and lower TF shows RSI Divergence for the entry. Lets get it.
GBPNZD has been in distribution phase and has given a breakout from the box. We are expecting a good bearish spell in the making. One can adopt sell on strength strategy on it. Alternatively, breaking above the distribution box will call back the bulls in the party and we can see ATH from there on. Trade your levels accordingly.
I am seeing weird curvy channels being formed like fibonacci channels. Here is a psiibility of what price could do it it continues folowing these channels. Am I crazy seeing this? this is a new type os analysis to me.
Trens Under correction downside daily to weekly base. Both pairs currently sideways Pound and NZD 🛑SUPPORT/RESISTANCE ✅S1= 1.9000 ✅S2=1.8800 ✴️R1=2.400 ✴️R2=2.800 Please like, share, comments and follow me to get daily base analysis Thank you for your support, I appreciate it.
this analysis related to my previous roadmap on GBPNZD (link attached below!), as we can see that price reacted to the daily resistance level and might have a chance to go lower if seller manage to push the price to the 2.011 support level,.. good luck! Plan : wait for price to bounce off from resistance level (or retrace) --> wait for the rejection candle...
We analyze GBPNZD's corrective structure is about to end. Look for a down move on this pair!
Great opportunity for GBPNZD. Please note my ideas are not trade signals and are my opinions on future price action. Stay safe and stay warm. Happy Holidays.
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together....
GBPNZD 1hr short Last week fake out on recent high, now price can clear below equal lows
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries (it is one or the other, not both) Entry = 1.8468 Stop = 1.8488 Risk = 20 pips Profit target = 1.8366 ( The projected daily low ) Reward = +102 Pips RRR =5-1 2nd Entry = 1.8436 Stop = 1.8461 Risk = 25 pips Profit target =...
GBP/NZD has hit resistance therefore has gone down, and it will keep going down, it is still a good entry if you enter now.
Trendline, 4h bear closed just below, gonna follow closely
...according to bearish divergence and current location near red resistance area. Targets: 1.750 -> 1.715
enjoy!! Just a 4h Close below stop zone invalidate this trade.