GBPNZDWe can attempt to buy GBPNZD as it give breakout of LH , also bullish divergence occur indicate that it move upward.
SL , TP mention in chart.
NZDGBP trade ideas
GBP/NZD +160 Pips 0 Drawdown , New Entry With D Closure !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPNZDGBPNZD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
GBPNZD - Wait For The Beast 🎶Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 GBPNZD has been overall bullish , trading within the rising channel in blue.
Currently, GBPNZD is in a correction phase, approaching the lower bound of the channel.
Moreover, it is retesting a strong demand in green.
🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the green demand and lower blue trendline.
📚 As per my trading style:
As #GBPNZD approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
GBP/NZD Gave Today +90 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Opportunity: GBPNZD Buys. Buy GBPNZD Right now.
Or you can set a buy stop @ 2.10950
Very very tight 17pip SL @ 2.10766
Final TP @ 2.12596
I am seeing buys from a demand zone on lower timeframes so I will not be holding the bys for too long. As soon as my trade hits 50 pips in profits I will move stoploss to entry!
GBPNZD Daily
GBPNZD Daily
Price is near the bullish FVG if PRICE retests this FVG keeps its momentum of bullish pressure then we will see for buy position till the recent Bearish FVG+supply zone
But if this bullish FVG COULD NOT keep its hold and price breaks this fvg till the invalidation level of fvg then we will look for a sell position till 2.03234 where there is another bullish FVG
Already changed structure in 1 hrs time frame Daily resistance facing and now it is a good chance to sell
Falling towards 50% Fibonacci retracement support?GBP/NZD is falling towards the support level which is a pullback support that lines up with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 2.10558
Why we like it:
There is a pullback support level which aligns with the 50% Fibonacci retracement.
Stop loss: 2.09520
Why we like it:
There is a pullback support level which aligns with the 78.6% Fibonacci retracement.
Take profit: 2.12615
Why we like it:
There is a pullback resistance level
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GBP/NZD Finally Gave Bearish P.A ,Daily Closure Amazing, Short ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPNZD - Bullish Momentum Expected from Key Support LevelGBPNZD is currently forming a Harmonic Pattern (XABCD) along with a Trendline on the 4-hour time frame. This pattern indicates potential price reversals or continuations based on Fibonacci levels. Point D of the pattern is situated at a key Support level, suggesting a possible bullish momentum.
Entry and Stop Loss:
Based on the analysis, the entry point is identified at 2.09390, with a stop loss set at 2.08300 to manage risk in case of unexpected market movements.
Take Profit Targets:
Three take profit targets are proposed:
TP-1: 2.10480
TP-2: 2.11557
TP-3: 2.12660
These targets are strategically placed to capture potential price movements in the bullish direction.
Conclusion:
Considering the Harmonic Pattern formation, trendline support, and key support level at Point D, the analysis suggests a bullish bias for GBPNZD. However, traders should closely monitor the price action and adjust their positions accordingly as the market evolves.
GBPNZD Is Going Up! Buy!
Please, check our technical outlook for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is trading around a solid horizontal structure 2.110.
The above observations make me that the market will inevitably achieve 2.136 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!
GBPNZD daily bias long (2024 pt.1)GBPNZD already making higher highs, now retesting its daily support.
Personally longing this trade on a funded account!
>1:4 RR
GBPNZD ready to move up to ( 2.1350 )GBPNZD Price : 2.1028
Trend : Up on daily chart
Transaction: Sell
Reasons : Today the resistance on hour chart has been broken at the level ( 2.0975 ) which making the way opened to new high records next few days ( all reason mentioned on chart )
Technical analysis failure at level : 2.0890
Technical analysis success at level : TP1 & TP2 ( check the chart )
GBP/NZD BOS (Price Action)GBP/NZD hit our target nicely here, as we had a BOS. 3.84 Risk to Reward.
STEP1. Ensure there is a strong trend
STEP 2. Ensure there is a corrective mode
Step 3. Look for Break of Structure above the previous swing high
STEP 4, Ensure your risk to reward is 2-1
STEP 5. Use the FIB extension tool to predict .618 as target.
Chris
Head Coach & Mentor
#1642024 | GBPNZD Supply Zone 1:17GBPNZD Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell
Risk and Reward Ratio is 1:17
After 50 pips Profit Set SL Entry Level
"DISCLAIMER" Trading & investing business is "Very Profitable" as well as risky, so any trading or investment decision should be made after Consultation with Certified & Regulated Investment Advisors, by Carefully Considering your Financial Situation.
GBPNZD Bullish RectangleTrade #1
Trade Type: Buy Stop
Entry Level: 2.10627
Stop Loss: 2.09542
Take Profit: 2.11718
Risk to Reward Ratio: 1:1
Trade #2
Trade Type: Buy Stop
Entry Level: 2.10627
Stop Loss: 2.09542
Take Profit: 2.12814
Risk to Reward Ratio: 1:2
GBPNZD Bullish RectangleTrade #1
Trade Type: Buy Stop
Entry Level: 2.10627
Stop Loss: 2.09542
Take Profit: 2.11718
Risk to Reward Ratio: 1:1
Trade #2
Trade Type: Buy Stop
Entry Level: 2.10627
Stop Loss: 2.09542
Take Profit: 2.12814
Risk to Reward Ratio: 1:2
BUY GBPNZD - Trade explained in detailTrader Tom, an investing.com technical analyst explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please join us and hit the boost button.
GBPNZD: Rising Wedge pushing the price higher.GBPNZD is neutral on the 1D time-frame (RSO = 52.651, MACD = 0.004, ADX = 24.344) as the price is consolidating after the rebound on the 1D MA50. The Resing Wedge pattern is constantly pushing the price higher and as long as the 1D MA50 holds, this is the bullish wave to a HH. The two HH prior were formed on the 1.5 Fibonacci extension, all validated by a 1D MACD bullish cross. We are long, aiming yet again at the 1.5 Fib (TP = 2.13800).
See how our prior idea has worked out:
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GBPNZD: Bullish RectangleGBPNZD is trading in rectangle after a bullish move, there is no diversion on RSI and we can anticipate bullish breakout from rectangle.
GBPNZD - Symmyterical Triangle Continuation PatternThe pair is currently trading in range forming a symmetrical triangle. After an uptrend the symmetrical tringle is continuation pattern idicating that breakout can see the uptrend continuation.
