GBPNZD MARKET OUTLOOKPrice is falling and currently trade at 2.16097 upcoming economic events are being monitored for a possible shift from Intraday bearish to bullish before we can open buy positions. Once buyers resonate again, we gonna go bullish again.Longby Cartela0
GBP_NZD BULLISH BIAS|LONG| ✅GBP_NZD is going down to retest a horizontal support of 2.1530 Which makes me locally bullish biased And I think that we will see a rebound And a move up from the level Towards the target above at 2.1664 LONG🚀 ✅Like and subscribe to never miss a new idea!✅ Longby ProSignalsFx112
GBPNZD - Long from bullish order block !!Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 2.15000. Fundamental news: Tomorrow (GMT+3) we will see result of Interest Rate on GBP, news with high impact on currency. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD7
GBP/NZD Analysis and Sell Trade Review ### GBP/NZD Analysis and Sell Trade Review #### Market Context: 1. **Swing High Taken Out**: This indicates that the market has reached a new high, possibly triggering stop-loss orders from traders who were short. This event often signals a potential reversal or significant pullback as liquidity above the swing high is captured. 2. **Fair Value Gap (FVG) Created**: An FVG represents a price imbalance where the market moved rapidly, leaving a gap in the order flow. This gap can act as a resistance area where the price might reverse or consolidate before continuing its previous trend. 3. **Change in Status Delivery**: This term suggests a shift in market dynamics, potentially indicating a change from bullish to bearish sentiment. This change might be confirmed by a break in market structure, such as the formation of lower highs and lower lows after the swing high is taken out. #### Sell Trade Setup: Given these conditions, here is a structured approach to a sell trade: 1. **Entry Point**: - After the swing high is taken out, wait for the price to enter and react from the FVG. Look for bearish reversal patterns or confirmation signals, such as bearish candlestick formations (e.g., pin bar, engulfing pattern) or a break below a key support level within the FVG. 2. **Stop Loss**: - Place the stop loss above the recent swing high or above the upper boundary of the FVG. This helps protect against false breakouts or continued bullish momentum. 3. **Target Levels**: - The first target could be the nearest significant support level or the low of the previous consolidation range. - Further targets can be set at key Fibonacci retracement levels or prior swing lows, where price might find support. #### Trade Management: - **Risk Management**: Ensure a proper risk-to-reward ratio, ideally aiming for at least 1:2 or 1:3. - **Trailing Stop**: As the trade moves in your favor, consider trailing the stop loss to lock in profits and minimize potential losses. - **Monitoring News and Events**: Keep an eye on economic news and events that might impact GBP/NZD, as they can cause sudden market volatility. #### Example Scenario: - **Entry**: After price takes out the swing high and enters the FVG, a bearish engulfing candle forms, indicating a potential reversal. Enter a sell position at the close of this candle. - **Stop Loss**: Set the stop loss above the swing high. - **Take Profit**: Set the first target at the previous swing low, and additional targets at further support levels or Fibonacci retracement zones. By following this structured approach, you can manage your GBP/NZD sell trade effectively, aligning with the observed market conditions and technical analysis.Shortby Asif_Brain_Waves0
My Entry Reasons And How To Make 2500 Pips Weekly 0 Drawdown !This 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.08:06by FX_Elite_Club4
GBP/NZD New Entry Valid To Get Another 200 Pips !This 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.Short01:05by FX_Elite_Club4
GBP/NZD Gave Yesterday +140 Pips 0 Drawdown , New Entry Valid !This 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.Short01:06by FX_Elite_Club446
GBPNZD is BearishPrice was in a strong uptrend, however the matured bearish divergence seems to be playing out as first lower low is printed successfully. Once that is broken, we can expect more downside in coming days as per Dow theory. Targets are mentioned on the chart. Shortby Fahad-Rafique0
GBPNZD - ShortThe Price has given a breakout from double Top neckline at 2.19239 Sellers will remain in control below necline support. Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 2.1268Shortby mhamzasaeedm1
GBPNZDGBPNZD made a bearigh devergence at the top. lets see how it plays out. its on a larger timeframe so it might take couple of days to hit sl or tp.Shortby TRADETITANWAQAS0
Trade Alert: SELL Now to 2.12, Then BUY Big to 2.20??This pair has surged over the past few weeks, nearing last year’s high at 2.158 and approaching several key high timeframe (HTF) levels. First, we have the 2020 spike high, which reached the monthly SUPPLY/SELL zone created in June 2016. As shown in the chart below, just above that zone is the 61.8 FIB level from the Brexit decline that began in August 2015. We are likely heading towards these levels soon. However, I anticipate a short-term sell-off towards the 2.12 level first, given the extreme overbought conditions across all lower timeframes, coinciding with last year's high. My strategy is to wait for the next SELL signal on the 2-hour to 6-hour charts using my TRFX indicator, targeting the 2.12 level. I will closely monitor this setup, as the drop may not reach 2.12, and will trail my stop after securing the first 100 pips in profits. As mentioned, this pair is likely heading towards 2.20 or higher in the coming months. Therefore, I plan to buy into the short-term dips to target those higher levels. To confirm this, I want to see a retracement towards 2.12, followed by a bullish signal. Given this pair’s nature, it could easily surge to 2.20, presenting a significant selling opportunity with the potential for substantial profits. Share your thoughts in the comments, and don’t forget to hit the follow button if you like my ideas! Shortby TheFxAceUpdated 5512
GBPNZD AnalysisGBPNZD is currently in a bullish trend, but a bearish divergence has appeared on the last two higher highs, forming a double top. If the price breaks the neckline at the last higher low, it will indicate a reversal to a bearish trend.Shortby salmanhussainali2
GBPNZD SHORTGBPNZD had mad a major move to the upside over the past few weeks. I believe price will end this monthly candle with a considerable wick before it continues to move up. Shortby BlackSheepFinancial115
GBPNZD LONGGBPNZD seems to be ready to make a big move to the upside. Looks to have printed an inverted H&S pattern. I would like to see it make a big move out of the consolidation zone. I will scale my entire position once it retests the neckline. Longby BlackSheepFinancialUpdated 1
GBPNZD Weekly Analysis and OutlookGBPNZD Weekly Analysis and Outlook This week, the GBPNZD pair has shown a strong upward trajectory, closing in a bullish continuation phase. This upward momentum indicates a positive sentiment among traders, suggesting further potential for growth. Current Market Overview: The pair has been steadily moving upwards, supported by favorable market conditions and bullish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful break above this resistance would likely confirm the continuation of the bullish trend. Expectations and Potential Scenarios: Upon breaking the resistance zone, we anticipate that the GBPNZD will continue its upward momentum. This breakout could open the door to higher levels, offering traders potential opportunities to capitalize on the bullish trend. Primary Expectation: If the resistance is broken, the price is likely to sustain its upward movement, potentially targeting higher resistance levels. This scenario would reinforce the bullish outlook, making it a favorable environment for long positions. Alternative Scenario: However, if the price encounters strong resistance and fails to break through, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at lower levels before resuming the upward trend. Conclusion: In summary, the GBPNZD pair is poised for further upward movement following its recent bullish phase. Traders should watch for a decisive break above the resistance zone, which could serve as a catalyst for continued gains. Maintaining awareness of both bullish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly. By Piptera Digital Solutions, Invest Wisely! Longby Piptera-Digital-Solutions0
GBPNZD - Bearish Breakout + DivergenceTaking a look at the 1 hour timeframe, it's quite noticable that we have a clean breakout to the downside along with bearish divergence with RSI. This isn't much of a surprise as this pair is heavily overbought on the daily and weekly timeframes. Next week we get the latest policy decision from the BOE which likely will contribute to stirling weakness heading into the meeting.Shortby Michael_Harding6
NZDUSD LONG | GBPNZD SHORTPotential buy opportunity on NZDUSD One main opportunity along with a backup trade in case the 1st main trade failed. 1st Main Trade: Entry Price: 0.58890 SL: 0.58790 TP: 0.59300 R2R : 4.1:1 Backup Trade: Entry Price: 0.58822 SL: 0.58706 TP: 0.59300 R2R: 4.12:1 On the other side I took a cross pair trade GBPNZD along with the Major Pair NZDUSD Entry Price: 218336 SL: 2.18498 TP: 2.17548 R2R: 5.33:1 Goodluck !by GADELKARIM2
Upcoming short/reversal on GBPNZD in the next few daysMy FICO indicator works by making a DXY-like index for each currency, then plotting their rate of change on an oscillator to show relative strength/weakness. When two currencies are on opposite ends and change directions, it is an entry signal. In this case, GBP (dull green, top) and NZD (lime green, bottom) are on opposite sides of the oscillator channel. The directional flip has not happened yet, but it is inevitable. We must wait for this to confirm first, since the current trend still has momentum. I estimate it could take about 3 days for the trend to finish, and over that time, price could visit anywhere in the 2.12556 to 2.16300 level. Once we enter, we'll target about 1080 pips short and let the trend ride in our favor. This can change depending on what the price actually does in the next week and is also based on current values.Shortby KyleBaranUpdated 334
GBPNZD Simple Trade Plans For SwingsGBPNZD has rallied significantly on GBP strength / Antipodean weakness. From a Technical perspective, we are at short value areas (previous price rejection). 1) Price Action level areas hit now, selling bias. 2) Market Sentiment longer term likely to support short case. Second areas above, and below.by WillSebastianUpdated 10
GBPNZDGBPNZD price is in an uptrend. The price has an opportunity to test the resistance zone. 2.18438-2.19213 If the price cannot break through the 2.19213 level, it is expected that there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea! *Always follow your trading plan regarding entry, risk managementShortby Serana23244
DCF Bets: GBP+3/NZD-7Today's market presents an opportunity for a long bet on GBP+3/NZD-7 with a risk-to-reward ratio of 1:1. I've set a limit order at the beginning of GBP's demand zone, which will expire by the end of the day at 23:00 GMT+2. My total risk for this trade is ≈2.5%.Longby CGE_Trading2
GBPNZD ... 2 entery for position Hello dear forex trade This price action for GBPNZD I sell in two steps... the first is with the confirmation of the candlestick pattern on the lower time frame... for the second sale, I wait for a new HH after it is rejected, I enter another sell step... this setup is a combination of rtm price aaction and Fibonacci Good luck mehdiShortby mehdi_kb10