NZDGBP trade ideas
GBN/NZD Elliot waves update: Is wave B forming a triangle?GBP/NZD has completed a leading diagonal for Wave A, signaling a potential corrective structure. Wave B appears to be unfolding as a triangle, suggesting a continuation pattern before Wave C develops. Traders should watch for confirmation of the triangle breakout for the next move. Stay prepared for potential trading opportunities #elliotwavesglobal
GBPNZD: Bearish Pattern ExplainedGBPNZD recently hit a significant level of resistance and then formed a head and shoulders pattern.
The neckline of this pattern was broken last week and the price is now retesting it and we're seeing a positive bearish reaction.
It appears that selling pressure is accumulating, indicating a potential bearish move in the near future.
The target for this move is around 2.1803.
GBP-NZD Will Grow! Buy!
Hello,Traders!
GBP-NZD is trading in a
Strong uptrend but is
Making a bearish correction
However, a strong long-term
Rising support is ahead
From where we will be
Expecting a local
Bullish rebound
Buy!
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GBPNZD Massive Long! BUY!
My dear followers,
I analysed this chart on GBPNZD and concluded the following:
The market is trading on 2.1887 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.2015
Safe Stop Loss - 2.1821
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBP/NZD Swing: Identifying Double Sell Limit OpportunitiesWe’re analyzing the GBP/NZD currency pair with a focus on establishing a swing position using a double Sell limit setup at key Fibonacci levels. This strategy aims to capitalize on expected retracements or reversals.
Strategic Entry Points
Our primary Fibonacci levels of interest are the 50% and 61.8% retracement levels. These points are based on recent price actions and are where we anticipate potential reversals could occur.
Short-Term Trend Focus
By employing this setup, we aim to capture short-term market fluctuations on a daily basis. Monitoring price movements closely allows us to adapt swiftly to changing market conditions.
Conclusion
Traders should keep an eye on GBP/NZD for signs of reversal at these Fibonacci levels, implement effective risk management, and remain flexible in their strategies. This approach may provide opportunities to benefit from short-term trend reversals in this dynamic market.
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09-01-2025 _ Short Term Bearish Idea _ GBPNZD H4Bullish trending pattern - Bullish Flag.
Looks like correction is happening right now.
Price has retraced between 38.2% - 50% of Fibo Retracement.
Price is approaching Resistance/Support Zone – Entry Zone.
Look for Buy Setups in the entry Zone.
Trade Plan marked on the chart.
GBPNZD TRADE PLAN: SHORT SETUP (Trend Continuation)🔹 Trade Type: Swing Trade / Trend Continuation
🔹 Confidence Level: HIGH (85%+)
🔹 Entry Type: Limit Order (Pending Short Entry)
📉 SHORT ENTRY (SELL)
🔹 Sell Entry: 2.2000 – 2.2050 (Unmitigated Order Block & FVG)
🔹 Stop Loss: 2.2150 (Above Major OB & Institutional Level)
🔹 Take Profit Targets:
TP1: 2.1800 (Minor Support)
TP2: 2.1750 (Major Liquidity Target)
TP3: 2.1700 (Final Bearish Target)
🔹 Risk:Reward Ratio: 5R+ (High-Profit Trade)
✅ Why This Trade Works?
✅ HTF Confirmation: Daily BOS, 4H OB, 1H Structure
✅ Liquidity Grab Above 2.2000 Before Selling
✅ Confluence With FVG, OB & Market Structure
✅ Institutional Selling Confirmed in Order Flow
GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are now examining the GBP/NZD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 2.193 level.
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GBPNZD Approaching Support Level: Rebound Toward 2.19400?OANDA:GBPNZD is approaching key support level, marked by prior price reactions and strong buying interest. This level has historically acted as reliable demand area, signaling the potential for a bullish reversal if buyers regain control.
The current market structure suggests that if the price confirms a rejection from this demand zone, we could see an upward move toward the 2.19400 level. This target aligns with a logical retracement within the broader market context.
Traders should monitor for bullish confirmation signals, such as bullish candlestick patterns or a series of higher lows, before considering long positions.
GBP/NZD Channel Breakout (5.2.2025)The GBP/NZD Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 2.1862
2nd Support – 2.1765
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