H&S on one Downtrend in GBPNZDHead and Shoulder chart pattern on GBPNZD
Also price traveling in a Downtrend
Price has retested Neck line
GBPNZD.P trade ideas
GBPNZD Technical Analysis! SELL!
My dear friends,
My technical analysis for GBPNZD is below:
The market is trading on 2.0807 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.0732
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
GBPNZD: Growth & Bullish Forecast
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the upward direction.
❤️ Please, support our work with like & comment! ❤️
GBP/NZD BEARS ARE GAINING STRENGTH|SHORT
Hello,Friends!
GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 2H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.062 area.
✅LIKE AND COMMENT MY IDEAS✅
Bearish trend The flow is clearly bearish below its SMAs.
It is therefore preferable to look only for sales (in my opinion).
Either sell the break of the small (white) oblique.
A technical rebound is possible on the support.
Or wait for the support to break.
This analysis is not advice, but my personal view.
GBPNZD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The price is coiling around a solid key level - 2.0693
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.0726
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPNZD Simple Trade Plans (Tech/Sent)GBPNZD's near term rally is now shining into the light of a weaker sentiment case.
Antipodean data particularly reflects this as of late.
1. Re-push is showing weakness on lower TF's, early rejection. Short bias taken.
2. Sentiment case suits short GBP VS NZD.
GBPNZD Trading Opportunity! SELL!
My dear followers,
This is my opinion on the GBPNZD next move:
The asset is approaching an important pivot point 2.0775
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.0715
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPNZD - BUYTaking strong support at 2.03330 price moving in uptrend and now completed retracement at 70% of Fib Level.
gbp /nzd - H1 - Trend is your Friend..Use good trade management only thing important in Trading is how you manage your trade...
our signals are 95% accurate give us follow and motivate us by likes and comments...
.. good luck..
GBPNZD EVERYDAY TRADE SETUP 4HDear All,
This my idea for Short. GBPNZD collect BUY side liquidity. NOW market ready for short .
this is my ideas only. what you are flow your trading statistics you can continue. If you like me idea follow me..
you need more my ideas. follow me.
GBPNZD EVERYDAY TRADE SETUP 4HDear All,
This my idea for Short. GBPNZD collect BUY side liquidity. NOW market ready for short .
this is my ideas only. what you are flow your trading statistics you can continue. If you like me idea follow me..
you need more my ideas. follow me.
established new uptrend in lower timefram Let's analyze the GBP/NZD chart.
1. Currency Pair: The chart represents the GBP/NZD (British Pound/New Zealand Dollar) currency pair.
2. Time Frame: The chart is based on a 4-hour time frame.
3. Technical Analysis:
- Descending Channel: The chart shows a descending channel pattern. This pattern is formed by two parallel downward-sloping trendlines connecting lower highs and lower lows. It indicates a bearish trend.
- Support and Resistance: Horizontal lines mark specific price levels, which may act as support or resistance areas. These levels are crucial for traders.
- Short-Term Support: Inside the larger channel, there's an upward-sloping trendline acting as short-term support for the price.
4. Trading Implications: Traders interested in GBP/NZD can use this analysis to identify potential entry and exit points based on the observed patterns.
Remember that this is just a technical analysis, and other factors (fundamental analysis, geopolitical events, etc.) can also impact currency pairs. Always consider a holistic approach when making trading decisions. 📈💡
GBPNZD FORECASTNext week we expect GBPNZD price to be bullish following the moves indicated on the chart.
bullish longtermafter more than 4, monthly Trend line touch, i'm expecting it to break bcuz i'm seeing lower time frame bull support & accumulation.
2. draw on Monthly Fvg.
3. uptrend on weakly.
4. reaching to monthly wick's 50%.
5. expecting to reach to gereye 4H & 4h & 5 min fvg.
GBPNZDAnalysis for the GBPNZD currency pair. Let's break down your analysis step by step:
Expected Downward Movement to OB Area (2.04610 - 2.04140):
You anticipate that the price of GBPNZD will decrease to a range between 2.04610 and 2.04140. This is often referred to as the "Order Block" (OB) area in technical analysis, where buying interest is expected to come in.
Anticipated Upward Movement to 2.08440:
After reaching the OB area, you expect the price to rebound and potentially reach 2.08440. This level might act as a resistance or a target for profit-taking.
Subsequent Drop to Weekly Support at 2.01030:
Following the potential rise to 2.08440, you predict another downward movement in price, aiming to reach the weekly support level at 2.01030. This could be a significant level where buyers are expected to enter again.
Weekly Price Update:
You plan to provide an update on these price movements by the end of the week, possibly to reassess or confirm your analysis based on how the market has behaved.
It's important to note that trading predictions are speculative and influenced by various factors, including economic news, geopolitical events, and market sentiment. Always consider using risk management techniques and consult multiple sources of information before making trading decisions.
DeGRAM | GBPNZD continued declineGBPNZD is moving in a descending channel between the trend lines.
The chart has already reached the resistance level and the crossing point of the upper boundary of the channel and the trend line.
The resistance level coincides with the 50% retracement level of the last bearish impulse.
We expect a decline in the channel.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
Bearish drop?GBP/NZD is rising towards a resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 2.07254
Why we like it:
There is an overlap resistance level which lines up with the 38.2% Fibonacci retracement.
Stop loss: 2.08612
Why we like it:
There is a pullback resistance level.
Take profit: 2.06216
Why we like it:
There is a pullback support level.
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GBPNZDPending order that we left on Friday to see if we activate it on Monday with the idea of keeping it Monday and Tuesday at most. We may not catch all of the fall in the graph but at least part of it for sure.
GBPNZD = SELLMy opinion on GBPNZD, i'm interested on the conter trend for short...if you find it helpful plz follow and like
GBP/NZD Creating , Inverted H&S , 2 Places To Buy &Get 200 PipsThis 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.
GBPNZDBUY CALL
FUNDAMENTAL :
GBP LONG 63.42 SHORT 36.58
NZD LONG 56.88 SHORT 43.12
SENTIMENTAL : LONG 76 SHORT 24
seasonality ;GBP uptrend till 20 June
TECHNICAL : break out of downtrend line , have printed higher high retrace to 0.51
trade is supported by strong fundamental and sentimental
entry stop loss and TP levels mentioned in chart analysis
