GBPNZDis a chart pattern or not?
i guess like a bullish flag
but im not sure about it
please share guys..
what do you think?
disclaimer
this is not a signal
thanksyou
i post here, just wanna discuss about chart pattern
GBPNZD trade ideas
THE ICT PURGE AND REVERT On this trade idea we have had sellside liquidity purge on the daily time frame i like to use a very strong liquidity point and the daily tf does it for me, after that i just seek agressiveness and basically the 2022 mentorship as entry and find my trade
GBP/NZD has a strong bearish momentum, could it fall further?Price is rising towards the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 2.10271
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 2.11720
Why we like it:
There is a pullback resistance level
Take profit: 2.08395
Why we like it:
There is a pullback support level
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GBPNZD: Bearish Move From Resistance ClusterGBPNZD formed a double top pattern after reaching a significant horizontal resistance level on the 4-hour chart.
The price broke below the neckline of the pattern and a rising trend line, indicating strong bearish momentum.
A downward movement towards the 2.0833 level is likely.
GBPNZD - Fibo Retracement TradePRice pulsed up and retraced with consecutive candles, didnt broke below Fib(0.318)
Price broke once the Fib(0) but made a high to our TP, retraced back and now its broken properly and I'm looking for an entry at Fib(0) retest
GBPNZD On The Rise! BUY!
My dear subscribers,
My technical analysis for GBPNZD is below:
The price is coiling around a solid key level - 2.0843
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.0938
My Stop Loss - 2.0792
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
06-03-2024 _ Short Term Bearish Idea _ GBPNZD H1Divergence
Followed by Convergence
Presents a typical case of;
Pullback followed by a move to the Downside
Entry Zone
SL
TPs as in the chart.
Buying GBPNZD at 2.08400I wanna buy GN this time. After few short intraday, chart is giving me some buy signal. I buy a little , lets see what happens.
GBPNZD Long after getting last price at AOI rejectionGoing with the trend for 3 days Long .. after getting rejection from Strong weekly AOI and entering as directed by Arrow line
GBPNZD strong momentum playThere's strong downward momentum observed on the HTF, with price forming a double top followed by a downward move. Currently, there's a consolidation phase just through the previous swing low. I'm awaiting further confirmation before considering my next move.
Given the potential inflection point at hand, it's crucial to wait for clear confirmation signals. I'm specifically looking for a more structured consolidation bear-flag pattern on the hourly timeframe (H1) before setting my EO.
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Glossary:
VA – Value Area
Liq.P – Liquidity Point
BO – Break-Out
EO – Entry Order
H1 – Hourly Time-frame
M15 – 15min Time-frame
LTF – Lower Time-frame
HTF – Higher Time-frame
Magenta horizontal Ray – Area of Interest
Magenta rectangle – Gap / Area of Significance
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GBP/NZD D1 | Potential bearish breakoutGBP/NZD is falling towards a breakout level and could potentially break through it to drop lower.
Sell entry is at 2.0899 which is a potential breakout level ( wait for the 4-hour candle to close below 2.0899 for confirmation ).
Stop loss is at 2.1225 which is a level that sits above a pullback resistance.
Take profit is at 2.0417 which is a swing-low support.
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GBPNZD technical Bullish continuation After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the next zone up target 1,700pips to the upside. Manage your trade properly.
GBPNZD - 4hrs ( Sell Trade Target Range 210 PIP ) Pair Name : GBP/NZD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 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 ( Short )
Type : Mid Term Swing
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Bearish Break
2.08700 Area
Reasons
- Major Turn level
- Visible Range Lvn
- Day + week low
- inner Channel Break
- choch Area
Bullish Reversal
2.06800
Reasons
- pattern Target
- choch Zone
- Fibo Golden
- Channel Lower band
- Month low
GBPNZD Is Going Down! Short!
Here is our detailed technical review for GBPNZD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.100.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.094 level.
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.
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GBPNZD - PRE-OPEN IDEASGBPNZD - PRE-OPEN IDEAS
Bearish open could produce opportunities by mid week That is if we are to see GBP rally and begin its next leg up.
GBPNZD looks Bullish to me-Daily +OB still not swept, looking for a 15min -1hr CHOCH to occur so I buy from there.
- IF it fails I would sill look for a weekly BISI to buy from.
GBPNZD Date 22nd April Week Analysis22nd April to 26th April Week Analysis.
It's all about probability. You can't predict price with 100% Accuracy, Atleast you can try it!
Watch the charts, If you like then do follow on X and Tradingview.
✅GBP_NZD LOCAL SHORT🔥
✅GBP_NZD is going down
And the pair broke the key
Horizontal level of 2.1030
So we are bearish biased
And we will be expecting
A further move down
SHORT🔥
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GBPNZD: Bearish Continuation & Short Signal
GBPNZD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry Level - 2.1129
Sl - 2.1186
Tp - 2.1015
Our Risk - 1%
Start protection of your profits from lower levels
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gbpnzd analysis sell. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBP NZD - 17 APRIL 24 SET UP TAKE A SHORT GBP NZD here we can see that price created a up trend line got break sweeping all the liquidity which are imbalance before now price have to sweep the liquidity at support zone, make a short trade as shown in the picture, follow for more live updates
