GBPNZD.P trade ideas
Bearish Bias on GBPNZD at H1 Time FrameHi there
GBPNZD appears bearish at the H1 time frame, aiming for the 2.05487 area for a bias of 2.04275.
The price came down from the 2.085 to 2.05154 low and then rose to a lower high in the 2.0800 range, making the current price movement a continuation of the bearish momentum from that high area range. Also, the price is below a minor supply zone, so there needs to be a break in the 2.06097 low for clarity in that it won't push up.
The setup will be invalidated if the price goes above 2.07338.
Happy Trading,
K.
short gbpnzd expected short because of the strong nzd ,market will go down touch below resistance level
GBPNZD: Long Trade Explained
GBPNZD
- Classic bullish formation
- Our team expects growth
SUGGESTED TRADE:
Swing Trade
Buy GBPNZD
Entry Level - 2.0530
Sl - 2.0463
Tp - 2.0665
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBPNZD basic HnSExample of: Basic Head and Shoulder.
Can follow the short down trend for short or waiting for a long in the right shoulder.
GBPNZDThis Week FORECAST
Opportunity for GBPNZD. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GBPNZD Trading Opportunity! BUY!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The instrument tests an important psychological level 2.0554
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0599
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPNZD: Long Signal with Entry/SL/TP
GBPNZD
- Classic bullish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Buy GBPNZD
Entry - 2.0554
Stop - 2.0495
Take - 2.0670
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
The Bullish Trend in GBP/NZD is set to continueGBP/NZD was on a bullish trend and has shown good signs of a potential double-bottom. I see the pair going bullish up to the 90% of the continuation.
GBPNZDTrend shift, there was a break of structure, bearish swing low and MAC D flip.
stop loss, take profit and entry are on the chart.
SHORT TERM SELL
use proper risk management. happy trading.
GBPNZD bearish idea on 1HPair is in downtrend as per DOW theory following bearish divergence created and reversed the trend. Sell-Limit entry planned at 50% fib retracement level of current swing.
GBPNZD: Will it have the force to go long? YESThe GBPNZD situation presents a bearish structure, highlighted by three recent touches on the trendline. However, it currently sits within a demand zone on H4, where yesterday I observed a bounce at the 62% Fibonacci level, supported by an H4 candle. This bounce, in my opinion, is worthy of consideration. Shortly after, the market experienced an uptick, also supported by the demand zone, with a structural change to the upside on M15. If we had entered the position yesterday, the trade would still be open and showing a modest profit. Currently, the goal is to await a retest of the demand zone before transitioning from an H4 to an M15 chart, where I will assess whether there will be a structural change to the upside for a long entry. Additionally, I will move my entry directly to the market if the last bearish candle before the impulse shows a pin bar or a doji. Otherwise, if it's a bearish structure candle, I will place a buy limit at the high of that candle. In the event this scenario occurs, my target will be the 2.0952 level, where a previous high with liquidity yet to be filled is located. I will keep you updated on the situation's developments. Best regards and happy trading to everyone from Nicola.
GBPNZD Will Move Lower! Short!
Take a look at our analysis for GBPNZD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2.080.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2.061 level soon.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
GBPNZD SMC Long SetupSo far we have seen Stop Hunt along with Bullish order block and that block Break Market structure now we are going to wait for RTO = Return to order block if we see on hourly time frame get respected we will long and our target will be recent high and SL will be below Stop Hunt SH.
GBPNZD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Buy IdeaPrice has hit a demand zone and found support, price is also touching bottom of keltner and both 1h and 4h RSI stoch is overbought.
GBPNZDFailure of the trend line and pullback to the broken level
In the following, the goals and the possible process are specified
GBPNZD - Buy point1- Broke trend line
2- Re-tét to RBR
3- Base in Basement thick - make it confirmation for Buying point
GBPNZD : Long Trade , 1hHello traders, we want to check the GBPNZD chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to play the role of a support level and the price will maintain its profitable trend. The first price target is 2.07200 and if the price can break this level, the second price target will be 2.08100. Good luck.
GBP/ NZD !! 15/2/2024 break the DOWN trend⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Break the trend Down in H1 frame, test the trend. Price moves towards the support zone. Set up BUY signal
⭐️ SET UP GBP/NZD PRICE:
🔥BUY GOLD zone: 2.06550 - 2.05350 SL 2.06050
TP1: 2.06850
TP2: 2.07150
TP3: 2.07550
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. test trend DOWN
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
