GBPNZD SELLGood Afternoon Traders!! I hope you all are having a profitable week so far. This is my current analysis on GN today!!
Let me know what you guys think!!
GBPNZD trade ideas
GBPNZD Longthis will be my last idea on trading instruments for today, long opportunity right now on this pair and if you are taking this (not my recommendation though) it up to you to manage you position as the market runs
GBPNZD Supply Zone Bought GBPNZD on the bounce of a supply zone 2.1165 on a 1H chart. SL at 2.1140 below this zone and target of 2.1300. I'm mindful of UK PMI data release tomorrow so I may close this trade early before the data release.
GBP_NZD LOCAL LONG|
✅GBP_NZD is going down now
But a strong support level is ahead at 2.1108
Thus I am expecting a rebound
And a move up towards the target at 2.1220
LONG🚀
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Time to sell GBPNZDIt is time to sell GBPNZD . it rejected from the Supply zone above and now its time to sell GBPNZD with 2% risk per trade. good luck !
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPNZD: Growth & Bullish Forecast
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy GBPNZD.
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Buy AnalysisCurrency Pair: GBPNZD (British Pound / New Zealand Dollar)
Entry Price: 2.119224
Take Profit 1: 2.13373
Take Profit 2: 2.18980
Stop Loss: 2.10724
Technical Analysis
Current Market Conditions:
Trend Analysis: Assess the current trend on the daily and hourly charts. Look for higher highs and higher lows to confirm an uptrend. If the overall trend is bullish, this supports the buy position.
Support and Resistance: Identify key support and resistance levels. Ensure that the entry price is positioned favorably relative to these levels.
Technical Indicators:
Moving Averages: Check for alignment with the moving averages (e.g., 50-day and 200-day MAs). A bullish crossover can be a positive signal.
Relative Strength Index (RSI): Monitor the RSI to ensure the currency pair is not overbought or oversold. An RSI level around 50 is generally neutral.
MACD: Confirm if the MACD line is above the signal line, indicating bullish momentum.
Risk-Reward Ratio:
Take Profit 1: Target price of 2.13373 offers a potential gain of 145 pips from the entry price (2.119224).
Take Profit 2: Target price of 2.18980 offers a potential gain of 706 pips from the entry price.
Stop Loss: The stop loss at 2.10724 offers a risk of 119 pips.
Risk-Reward Calculations:
To Take Profit 1: Risk/Reward Ratio = (145 pips gain) / (119 pips risk) ≈ 1.22
To Take Profit 2: Risk/Reward Ratio = (706 pips gain) / (119 pips risk) ≈ 5.94
The risk/reward ratio to the first target is acceptable but modest. To the second target, the ratio is very favorable, indicating a potentially profitable trade if the price moves favorably.
Trade Management:
Partial Exits: Consider taking partial profits at Take Profit 1 to lock in gains and move the stop loss to break even or above the entry price.
Adjusting Stop Loss: As the price moves towards Take Profit 2, adjust the stop loss to protect gains.
Market Sentiment:
Economic Indicators: Review upcoming economic data releases for both GBP and NZD. High-impact news can affect volatility and influence the direction of the currency pair.
Geopolitical Events: Be aware of any geopolitical events or market news that could impact the GBP/NZD exchange rate.
Conclusion
Trade Viability: The trade setup shows a favorable risk/reward ratio to Take Profit 2, indicating potential profitability.
Execution: Ensure proper trade execution and monitoring of the position. Adjust risk management strategies as the trade progresses.
GBP/NZD BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP/NZD pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 3H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 2.133 area.
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Buying level gbpnzd Currently retreating downside
Overall trend still bullish
Wait to reach at support line and daily demand zone then we wil enter in buy
GBPNZD Pushing itself in a buy directionHello Traders
In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes GBPNZD market update)
🟢What is The Next Opportunity on EURNZD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPNZD - ELLIOTWAVEhi everyone
here i just share with elliotwave theory
i think this price still bearish
on the way wave 5
what do you think guys?
disclaimer !!
this is not a signal
i just share my idea
be smart
save your money!
GBPNZD1.GBPNZD has made a break of a major High.
2.The price made an impulsive uptrend move after the break of the High.
3.The price then came back to tetest thr break of thr previous High, which was a major correctional move.
4.The moment the price reacted on the Break, it was now our point of interest which is"The Flip Zone".The Supply became our Support zone.
5.The price reacted with an H2 bullish candle which shows an interest in buying on GBPNZD.
6.We buy GBPNZD
GBPNZD 4HHello traders welcome back
since today is the opening of the market and start of the week , i should try to share GBPNZD which i am expecting to be profitable for the coming hours since its formed as channel.
if you interested this don't forget to follow me to get nice setups and shooting
GBPNZD - Bullish InspirationThe pair has given a big bullish candle breaking it's trendline resistance and complimenting it's bullish divergence formed by RSI.
This move still not strong enough to put confidence in this bullish move. The bulls need to show inspiration and move the pair up breaking it previous HH. Currently the pair is moving around its 0.382 fib level.
Trade Plan:
Once the pair break it's HH instant entry to be taken and SL to be put below the last HL.
Gbpnzd for a short time sell.Gbpnzd will sell. S.l and T.P have been marked. It's a short time sell though.
GBPNZD ANALYSISLorem ipsum dolor sit amet. Ex quibusdam assumenda sit cupiditate recusandae quo maxime dolores At magni asperiores quo corrupti corrupti ut quia dolores ut voluptatem iusto. Aut officia atque id possimus voluptate aut veritatis ducimus. In dignissimos incidunt sit internos quos qui nesciunt voluptatibus sit molestiae doloribus ut eius quas et deserunt sunt. Qui amet voluptatibus qui laudantium aperiam qui ipsam quos et sapiente dolores non molestias expedita id galisum rerum qui similique aspernatur.
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPNZDmarket in weekly fvg but we need to shift 4hr but im looking down side 1day fvg so my antispacting day fvg and
GBPNZD: Will Keep Falling! Here is Why:
The price of GBPNZD will most likely collapse soon enough, due to the supply beginning to exceed demand which we can see by looking at the chart of the pair.
❤️ Please, support our work with like & comment! ❤️
GBPNZD Short Term Buy IdeaH4 - Bullish trend pattern followed by a pullback
Price respected a strong support zone and bouncing higher
Until this strong support zone holds my short term view remains bullish here.
