We can see that GBPNZD has broken below the mid-point of the rising channel. Looking for sells going into the BoE rate decision this week, with NZD generally strengthening and GBP generally weakening. Depending on what happens on Thursday we we'll see either a break of a bounce off this point. I'm targeting 2.072 initially, where I see confluence of the rising...
Greetings Traders! GBPNZD is poised at a critical juncture, with NZD's "Employment Change" and "Unemployment Rate" news on the horizon. Awaiting the news' outcome could be strategic before we commit. If we see a negative impact, there could be a prime opportunity to go long. Yet, on the flip side, positive news may trigger a steep decline, threatening to hit...
GBPNZD can start to grow again from the bottom of the ascending channel. 💡Reasons for GBPNZD growth:💡 A Hidden Divergence(HD+) between two successive valleys in the ascending channel. Buy signal in RSI indicator . Confirmation of the end of the movement by the StochRSI indicator . Hammer🔨 Candlestick Pattern formation at the bottom of...
before buying, please check for being sure about your opinion about this STOCK!!! be rich... and doing and living in the best quality *-* (Guy's the entry place is importance things in enter in a position)
British Pound/New Zealand Dollar was able to make a Head and Shoulders Pattern near the important trend line. I expect the British Pound/New Zealand Dollar will go down to the target of the pattern = Support line. 🔅British Pound/New Zealand Dollar Analyze ( GBPNZD ) Time frame 4H⏰. Do not forget to put Stop loss for your positions (For every position you want...
Hello, After seeing NZD announce tougher lockdown measures last night, the NZD took a dive fast. Obviously strengthening the GBP/NZD. Usually after spikes in the market, the price then reverses over the next several days back to the original price. The pair is stalling at a major resistance and has now formed an indecision candle on the 8H. We are now...
Been following this pare for the past few days, it's due a breakout. When i enter on the second take profit, I'd move my stop loss on the first trade to the stop loss on my second entry. Thus making the trade a risk free. however, this is an over a weekend trade so, the markets might open and retest the Top Black Resistance level. Then, the trade would play out...
Looking to see if GBP can pullback to hunt for some liquidity before pushing lower, could possibly be a decent trade to the upside for about 50-60 pips but I find that when market sell-off they sell hard and fast don't want to be on the side where there is a clear downtrend on the H1 chart. Will see how this one plays out next week. #gbp #gbpnzd #gbpnzdshort
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Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is inside a channel and close to the trendline support. If it breaks the trendline it can go all the way till its support. Let us know your views on this in the...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, that the pair is close to its symmetrical triangle breakout, one can wait for confirmation Let us know your views on this in the comment section. Thank you all. There is good...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. The pair is in Descending triangle and is ready to breakout. It is advisable to wait Let us know your views on this in the comment section. Thank you all. There is good news for our...
This pair has potential to keep going long. PS: This is not financial advice
looking at it retracing back to support or breaking violently and continuing with 4hr pattern