GbpNzd Bullish A poosible upward move might takes place ,so i will be looking for buy options .
Happy trading.
GBPNZD trade ideas
GBPNZD: Bullish Forecast & Bullish Scenario
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the GBPNZD pair which is likely to be pushed up by the bulls so we will buy!
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GBPNZD long From the current price level i expect a retracement before price can finally rally upside.
GBPNZD : Short Trade , 4hHello traders, we want to check the GBPNZD chart. The price is moving in an ascending channel and has reached the specified resistance level. We expect this level to stop the upward trend of the price and the price will fall to around 2.09700. Good luck.
GBPNZD- Bearish TrendGBPNZD is in bearish Trend. RSI shows that bearish rend will continue. Entry at fib retracement of 38.2 is a good level to short from
Sell GBPNZD Triangle Breakout The GBP/NZD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a triangle pattern.
Key Points:
Sell Entry: Consider entering a short position (selling) below the broken support level of the triangle, ideally around 2.1100. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bearish targets lie at the following levels:
2.1011: This represents the height of the triangle, measured from the apex (highest or lowest point) to the base (opposite trendline), projected downwards from the breakout point.
2.0970: This is a further extension of the downside target, based on the height of the recent price movement before the breakout. These targets act as potential support zones that could see selling pressure.
Stop-Loss: To manage risk, place a stop-loss order above the broken resistance line (depending on the triangle type) of the triangle, ideally around 2.1150. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you
GBPNZD in Bearish TrendGBPNZD is forming lower highs and lower lows which confirms its bearish trend. Trendline analysis also shows trend continuation.
GBPNZD Will Go Up! Buy!
Please, check our technical outlook for GBPNZD.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 2.105.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2.116 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPNZD has a strong upside momentum, could it rise further?Price is falling towards an overlap support and could bounce from this level to our take profit
Entry: 2.10607
Why we like it:
There is an overlap support level which aligns with the 23.6% Fibonacci retracement
Stop loss: 2.09344
Why we like it:
There is an overlap support level
Take profit: 2.12203
Why we like it:
There is an alignment with the 78.6% Fibonacci projection
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GBP-NZD Will Keep Growing! Buy!
Hello,Traders!
GBP-NZD is trading in an
Uptrend along the rising
Support line and we are
Seeing a bullish rebound
From the support cluster
Of the rising and horizontal
Support lines around 2.1047
So we are bullish biased
And we will be expecting
A further move up
Buy!
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Check out other forecasts below too!
GBPNZD: What a BreakoutThe GBPNZD experienced a sudden decrease in value today, breaking and closing below the neckline of a descending triangle formation on the 4-hour time frame with a strong bearish candle.
The next support level appears to be at 2.1000, which is likely the target for sellers.
To enter the market, it may be worth considering a retest of the broken triangle neckline.
GBPNZD H1 BULLISH BAT PATTERN 02/04Based on the GBPNZD H1 chart, a bullish bat pattern has formed
completion level: 2.1001
GBPNZD D1 - Bearish HaramiTrade #2 of Q2
Price has been trending up for 3 months. We won't know if this is the end, but several indicators line up.
A break of the Bearish Harami candlestick, with a close below resistance. Successful Harami signals the end of trend.
Price is currently at 70.5% retracement of the previous impulse move down. A probable completion of ABC.
Deviation is confirmed if price enters the range of 2.0947.
Target at 2.0681, with potential to support at bottom of range.
GBPNZD Technical Analysis! SELL!
My dear subscribers,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.1115 pivot level.
Bias - Bearish
My Stop Loss - 2.1179
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 2.1011
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPNZD BEARISH FX:GBPNZD going down now with the bearish pullback i see this scenario happening, good luck guys! 🤞🏼
GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello,Friends!
GBP/NZD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 1D timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 2.079 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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GBPNZD Will Go Higher! Long!
Take a look at our analysis for GBPNZD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 2.109.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.115 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
Lingrid | GBPNZD long at the SWAP zoneThe price perfectly fulfills my last idea. It hit the target area. The market is pulling back to a support level after a bullish move that creates a swap zone. FX:GBPNZD is forming a complex pullback. On the daily timeframe, the market is in a bullish trend. It broke the previous resistance and range zone, which is the support level now. I expect the trend to continue trending upward from the swap zone, downward trendline, and lower border of the upward channel IF it gives a buy signal. My goal is resistance zone 2.11760
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
✅GBP_NZD TIME TO BUY|LONG🚀
✅GBP_NZD is trading in
An uptrend and the pair
Made a retest and a rebound
From the support cluster
Of the horizontal and rising
Support lines of 2.107
Which reinforces our
Bullish bias and makes
Us expect a further move up
LONG🚀
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GBPNZD LONG - BULLISH TREND CONTINUES!Waiting for a retest of 1.26675 to short GBPUSD back to4H swing low at 1.25332
If you agree drop a like and if you have any questions leave a comment :)
GBP/NZD LongPrice has been respecting my trendline for a month and a half I expect price to retrace back down to my trendline for a continuation back to the upside so I am going Long
