02.10.24 Morning ForecastPairs on Watch - FX:GBPNZD FX:NZDCAD FX:EURUSD FX:EURNZD A short overview of the instruments I am looking at for today, multi-timeframe analysis down to what I will be looking at for an entry. Enjoy! 09:26by JordanWillson3
GBP/NZD (Trade Recap)I'm very happy with how I placed and managed this trade.Short14:59by StewySongs2
GBPNZD - 4H - Bearish Trend Continuation Strategy Technical Analysis: GBPNZD is in a strong bearish trend, moving within a bearish channel and consistently closing candles inside the channel. The pair is printing lower lows (LL) and lower highs (LH), reinforcing the downward momentum. With no divergence , the trend looks stable for continuation. We will look to sell at the 0.5 Fibonacci retracement level to capitalize on the ongoing bearish trend. Fundamental Analysis: September is a risk-on environment, and NZD is showing more strength than GBP, which supports the bearish outlook for GBPNZD. NZD remains stronger than GBP in the current market conditions. Seasonality: GBPNZD tends to be bearish from mid-August to the end of December, with a particularly strong downtrend expected from the last week of September to the first week of October. Entry Strategy: Entry Point: Sell at 2.11640, around the 0.5 Fibonacci level. Stop Loss: Set at 2.12500, above the last lower high (LH) in a good resistance zone. Take Profit 1: First target at 2.10782. Take Profit 2: Second target at 2.09922. This strategy leverages both technical and fundamental factors, with strong seasonality and market sentiment favoring a continued bearish move in GBPNZD. The entry, stop loss, and take profit levels are well-defined for effective risk management and potential gains.Shortby ya_xir4
GBPNZD - 4H - Bearish Trend Continuation Strategy Technical Analysis: GBPNZD is in a strong bearish trend, moving within a bearish channel and consistently closing candles inside the channel. The pair is printing lower lows (LL) and lower highs (LH), reinforcing the downward momentum. With no divergence , the trend looks stable for continuation. We will look to sell at the 0.5 Fibonacci retracement level to capitalize on the ongoing bearish trend. Fundamental Analysis: September is a risk-on environment, and NZD is showing more strength than GBP, which supports the bearish outlook for GBPNZD. NZD remains stronger than GBP in the current market conditions. Seasonality: GBPNZD tends to be bearish from mid-August to the end of December, with a particularly strong downtrend expected from the last week of September to the first week of October. Entry Strategy: Entry Point: Sell at 2.11640, around the 0.5 Fibonacci level. Stop Loss: Set at 2.12500, above the last lower high (LH) in a good resistance zone. Take Profit 1: First target at 2.10782. Take Profit 2: Second target at 2.09922. This strategy leverages both technical and fundamental factors, with strong seasonality and market sentiment favoring a continued bearish move in GBPNZD. The entry, stop loss, and take profit levels are well-defined for effective risk management and potential gains.Shortby ya_xir2
GBPNZD- 2 Hour -Bearish SetupAs we can see on Daily TF that shift has started towards Downside, we can see the liquidity sweep on 2 hour TF and use as SL. Entry-2.10929 SL-2.11660 Take Profit-2.09362 RR 1:2 TF- 4 hourShortby bittub0777115
GBP NZDTHIS IS MY SETUP FOR GBP NZD I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.Shortby betimmavriqi0
GBPNZD: Time to Sell 🇬🇧🇳🇿 I see a nice short trade on GBPNZD. The price formed a double top pattern after a test of a key daily/intraday resistance. We see a breakout of its neckline at the moment. With a high probability, the price will drop to 2.103 level. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTrader332
NZD/JPY (Trade Recap), GBP/NZD (Trade Recap) and GBP/NZD ShortGBP/NZD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.Short14:35by StewySongs5
GBPNZD BUY SIGNAL. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex113
GBPNZD: Long Trading Opportunity GBPNZD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPNZD Entry - 2.1064 Sl - 2.1014 Tp - 2.1171 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
GBP-NZD Will Keep Falling! Sell! Hello,Traders! GBP-NZD made a bearish Breakout of the key horizontal Level of 2.1146 which is now A resistance and the breakout Is confirmed so after a local Pullback we will be expecting A further bearish move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals113
gbpnzd analysis elliot buy. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex110
GBP_NZD BEARISH BREAKOUT|SHORT| ✅GBP_NZD is trading in a Downtrend and the pair Just broke the key horizontal Level of 2.1160 which makes Us bearish biased and we will Be expecting a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx112
GBPNZD - Short from LZ !! Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled and rejection from trendline + LZ. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD228
GBPNZD -Turtle soup and Smart Money Concept Trading Strategy The Turtle Soup strategy, however, flips the script, aiming to profit when those anticipated trend. Linda Raschke’s Turtle Soup strategy is a counter-trend trading approach that capitalizes on failed breakouts. ENTRY :- SELL -Above opening price (daily) BUY - Below opening price (daily) STOPLOSS :- above or below recent swing High 1st TARGET :- Book profit 50% 2nd TARGET :- Book profit 25% 3rd TARGET :- Book profit 25% Consisitency and hard working is the key of success. KEY OF SUCCESS :- *) Buy below opening price of Daily Candle AND Sell above opening price of Daily Candle. *) Do not take risk more than 1% of Equity. *) Take Profite Should be More then 2% of Equity . *) Book 50% profit of running trade first and remaining 50% hold for long term.Shortby FTS_25280
GBPNZD: Long Signal Explained GBPNZD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPNZD Entry - 2.1086 Sl - 2.1034 Tp - 2.1181 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals111
GBPNZDPossible move for GBP/NZD. triangle is forming in the chart making prices to squeeze but there is a massive support at the bottom.Longby rizmalik111
GBPNZD LongPrice tapped into our overnight lows during NY Pre Market, creating a FVG and Change of Character on M1 and M5 timeframes. Enter on FVG respect and target the next available resistance areas one by one, Longby LTG_Official112
Inverted Head and ShouldThe right hand shoulder is being formed, as price action develops in the lower and middle timeframes. Price action might break the red trendline and test above higher barriers in the coming days or weeks.Longby Two4One40
GbpNzdGbp must grow now because make new LH, to fullfill the cabble and have so much space for buy till to fibo zone 61.80 (2.12520), lets see...Longby drittonUpdated 2
BUY OPPORTUNITY ON GBPNZDBased on recent bullish signals from my technical analysis, I propose to BUY the GBP/NZD pair. Key indicators, and daily price action, suggest a potential upward move. I recommend executing the trade to capitalize on anticipated price increase in the coming days.Longby dejinius1
Short continuation on GBPNZDThe overall trend is down. Market broke lower yesterday. The market did a retracement. On the hourly we can see the trigger candle in this the bearish engulfing. Entry initiated on the running candle with a risk reward of 1: 1. Potential of a second entry later on the day. Shortby ezfx07112