GBPNZD Weekly M formation On the monthly, we are trading in bullish area.
Weekly, we have a M formation (my Target)
Daily, if we come back on bullish structure I will wait the break and retest.
GBPNZD trade ideas
GBPNZD Short oppotunity1. HTF Bearish Impulse
2. HTF Expanding Structure
3. Double Top
4. HeadnShoulder Pattern
Right now we are at the right shoulder of the HsN Pattern. If we see a breakout from the right Shoulder thats a good short oppotunity
GBPNZD - Expect downside move ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here I expect to see bearish price action as price could reject from resistance + FIBO 0.618 level + institutional big figure 2.08000. My target is sell side liquidity.
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GBPNZD LONG BUYHello everyone, on GBPNZD we have taken the sell side liquidity now we will look for the buy side liquidity.
GBPNZD daily outlookthis chart is going to complete a head and shoulder pattern in the daily chart. of course, you have to wait for the validity of this pattern.
the validity of the head and shoulder pattern is it should break the neckline. otherwise, it’s not a valid pattern.
GBPNZD LONGMarket Structure Bullish on HTF
Daily and Weekly
Weekly and Daily at same AOI
Weekly Rejection at AOI
Potential Structure Point Weekly
Weekly Head and Shoulder Formation
Daily Head and Shoulder Formation
Daily EMA Retest
Daily Rejection at AOI
Around Psychological Level 2.06000
H4 EMA retest
75% +3
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Stay Hydrated
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GBPNZD Massive Short! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.0811
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0712
My Stop Loss - 2.0879
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPNZD LONG BUYHello everyone, after taking the sell side liquidity on GBPNZD I would now like the price to go for my buy side liquidity as a take profit.
GBPNZD forming bearish head and shoulders?GBPNZD - 24h expiry
Price action looks to be forming a top.
A bearish Head and Shoulders is forming.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
The 50% Fibonacci retracement is located at 2.0790 from 2.0915 to 2.0666.
The hourly chart technicals suggests further upside before the downtrend returns.
We look to Sell at 2.0790 (stop at 2.0840)
Our profit targets will be 2.0670 and 2.0640
Resistance: 2.0790 / 2.0840 / 2.0900
Support: 2.0690 / 2.0625 / 2.0560
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GBPNZD bullishIt is based on indicators, on H4 and daily S/R. It is no financial advice. I am not a profi.
GBP/NZD Possible Head and Shoulders Pattern Can Be Caught Soonon the 4h timeframe we can see the pair draw its own scenario after forming a head and shoulders pattern which is a reversal pattern.
i will explain shortly how to trade it and where exactly to put our sell trade. in this case we have the left shoulder and the head are formed we are waiting for the right shoulder to be formed. we can measure with our fib tool our top will be the head and our bottom will be the neckline. at 61% or 71% fib level we can expect the point of the right shoulder. you can put a limit sell order or wait for a bearish price action around those levels
Monitor this Pair : GBPNZD (BBMA - Reentry Buy after CSM Buy)In Tf Daily, price now in the Reentry Buy after CSM Buy and also the reentry zone same level with Bullish Engulfing on the left.
In TF H4, Price now at lower BB (lowest point to buy)
in TF H1, Wait price to react and forms full cycle of BBMA (Extreme - TPW - MHV - CSAK Buy - Reentry - CSM buy - Reentry)
***always find setup at Reentry zone..
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GBPNZD BULLISH RUN????Creating bullish structure on the daily and 4H, we have buyside liquidity above and a clear high that needs to be taken, using ltf confirmation we could see serious bullish moves to the upside
GBP/NZD LONG FROM SUPPORT
Hello,Friends!
Previous week’s red candle means that for us the GBP/NZD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 2.080.
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Buy GBPNZD Bullish PennantThe GBP/NZD pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish pennant pattern. This pattern often suggests a continuation of an uptrend, potentially leading to further advances in the coming minutes or hours.
Key Point s:
Recent Price Action: The recent price action shows the price holding above the support line of the pennant, indicating continued bullish momentum.
Buy Entry: Consider entering a long position around the current price of 2.0740, positioned near the support line of the pennant. This offers an entry point close to potential buying pressure.
Target Levels: Initial bullish targets lie at the following levels:
2.0900: This represents the height of the pennant, measured from the top to the bottom of the pennant, projected upwards from the breakout point.
2.1000: This is achieved by adding the height of the pennant to the breakout point (which coincides with the support line in this case). These targets act as potential resistance zones that could see buying pressure.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the pennant, ideally around 2.0660. This helps limit potential losses if the price breaks down and invalidates the bullish pattern.
Thank you
