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British Pound / New Zealand Dollar

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GBPNZD trade ideas

GBPNZD 1D MA50 rejection. Sell Signal.The GBPNZD pair recently made a Bearish Break-out as it broke below the Channel Up and the 1D MA200 (orange trend-line), introducing a new Channel Down pattern. On Monday we saw the latest rejection on the 1D MA50 (blue trend-line), which has been holding as Resistance since May 03. As long as it holds, we expect the new Bearish Leg to start. The previous one stopped after a -2.75% decline, which currently gives a price tag at a little below 2.0300. However we will use a more modest Target, aiming at 2.04000 (a little above Support 2). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
GBPNZD - 4hrs ( Buy Trade / 2 Entry's Target Range 200 : 400 PIP☑️Pair Name : GBP/NZD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ 🛡 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ⌛ Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— Bullish Reversal 2.07100 Area Reasons - Major choch Zone - Visible Range kvn - Pattern Reversal - Fixed Rage Hvn - Quarters Area Bearish Reversal 2.08800 Area Profits Gain Bearish Reversal 2.12000 Area Profits Gain Reasons - Major Turn level / W - Quarter high - Month High - Choch Zone - Fibo Golden - Visible Range Hvn
Long
by GoldenEngine
2
GBPNZD Will Explode! BUY! My dear friends, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.0668 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 2.0727 Recommended Stop Loss - 2.0631 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
GBP NZD Buy SignalOn the daily timeframe, the price is in an uptrend but has recently started creating lower highs and lower lows. However, it failed to break the lowest low, forming a large wicked candle at 2.06806, indicating a possible demand zone and leading to consolidation. I am waiting for the price to break the most recent high and then retest that level to confirm my entry at 2.08941. The stop loss will be set at the most recent low 2.07450 & Take Profit at 2.12414
Long
by richard925