GBPNZD M15 BUY OPPORTUNITY Price just tested the trendline and bounced off to the upside. A buy opportunity is envisaged form the current market price.
Target is 50pip
NZDGBP trade ideas
GBPNZD BULLISH SENTIMENT Price successfully broke the neckline of the previously formed inverted head and shoulder pattern . This signals a bullish strength. I anticipate price to remain bullish In days to come.
Target is - 2.15859 (resistance level)
GBPNZD WHOLE TIME FRAMES ANLYSIS just as explained in the video, so its much more obvious we re on an uptrend on this
GBP/NZD may rise 69 - 103 pipsOur pivot point is at 2.0962.
Our preference
As long as 2.0962 is support look for 2.1114.
Alternative scenario
Below 2.0962, expect 2.0905 and 2.0871.
Comment
The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2.1002 and 2.0973).
Supports and resistances
2.1182 **
2.1148 *
2.1114 **
2.1080
2.1011 last
2.0984
2.0962 **
2.0905 *
2.0871 **
Number of asterisks represents the strength of support and resistance levels.
GBPNZD 8hour IHS buy/hold tp +500 pips🔸Let's review 8 hours chart for GBPNZD today. speculative buy/hold setup for GBPNZD bulls,
accumulation in range. short-term expecting pullback from overhead resistance, shorting
from resistance is a higher risk setup (bears), however focus on buy/hold for excellent
risk/reward.
🔸GBPNZD 8 hours is a confirmed bullish IHS setup, with LS/RS/HEAD of the structure
already complete, backtested the neckline so the next re-test expect breakout.
🔸Recommended strategy bulls: bulls buy/hold any dips/pullbacks close to 0650,
TP1 bulls +250 pips TP2 pips +500 pips, final exit at 2.1200. keep in mind this
is a swing trade setup for patient traders only, will take more time to hit targets.
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
gbpnzd analysis elliot. 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 trade
#GBPNZD symmetrical triangleIn an overall bullish move, the price is forming a symmetrical triangle chart pattern formation, which is neutral in nature but can adopt a trend sentiment, which in this case is bullish. Therefore, we could assume with a higher probability that the price could break above this pattern.
In the event of a bullish breakout, we could look for a retest to take a long position at the pullback area.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
#GBPNZD inverted head and shoulder patternAs evident from the chart, the price is not only currently trading towards higher prices within a rising channel line but has also established a valid breakout from a very long-term daily timeframe inverted head and shoulders pattern.
This phenomenon suggests a high possibility of a bullish move in this currency pair, and we might witness much higher prices in the future.
If this pattern materializes, based on the one-to-one price target projection, we can assume that the price will at least reach the previous top formed on August 21st, 2023, if not higher.
However, I recommend waiting for a pullback towards the broken neckline before taking a position on this pair, or alternatively, look for the proper entry point in a lower timeframe based on your strategy.
If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Short Opportunity On GBPNZD According To Uptrendline channel
According to Corrective Wave
According to Fibo Retracement
According to Divergence on CCI
GBPNZD moving higher (?)RBA (central bank of Australia) did leave the interest rates unchanged tonight and this had also an effect on the GBPNZD as New Zealands currency is strongly correlated to the AUD.
It seems like GBPNZD got past the resistance area (still could end up as a liquidity sweep and reverse) but it seems more likely we are moving higher up. There´s still an alternative (light blue count) in play that would leave the door open for a more complex correction.
For now, I remain bullish!
GBPNZD Trade IdeaThe GBPNZD is in a bullish trend clearly as we can see on the 4 hour chart. We have a series of higher highs and higher lows. Prices currently overextended, we anticipate a retrace down into the 4 hour imbalance area where a buy opportunity could present. Target set previous high and resistance levels as seen on the chart. Stop under the previous low. As always this is for educational purposes only and not to be construed as financial counsel.
GBP/NZD Bullish Breakout: Sustained MomentumGBP/NZD
the 4-hour chart, the uptrend is supported by higher lows, maintaining above the 21 EMA. The 200 SMA is also ascending, reinforcing the positive outlook. We have a series of higher highs and higher lows, a hallmark of continued bullish momentum.
Traders should watch the 21 EMA for immediate support. A hold above this level on pullbacks signals ongoing strength, while a break below could indicate a short-term reversal or consolidation. The ascending trend line on the 4-hour chart is an additional bull parameter; staying above this dynamic support would further validate the bullish scenario.
Manage risks appropriately, as resistance levels can often lead to profit-taking or reversals. Keep an eye out for any bearish candlestick patterns at these levels which could signal a potential pullback.
Stay tuned for updates and manage your trades with proper risk control.
GBPNZD Bullish Robbery PlanHey Traders this is my master plan to loot GBPNZD Bank. My target is 2.09500 if the police force come before my target i will escape with partial sum of money. LOL
gbpnzd sell 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 trade
GBPNZD - Breaches Key Weekly LevelThis is what we've been waiting for - GBPNZD breaches a key 2.08~ weekly level. Last week's close signalled price holding above said level.
It's great to see strength during this week's open. I believe this is a sign of further strength to be expected on the upside.
GBP-NZD Resistance Ahead! Sell!
Hello,Traders!
GBP-NZD keeps growing and
The pair is locally oversold
So as it is retesting the
Horizontal resistance
Of 2.0962 I think that
We will see a local
Bearish correction
Sell!
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GBPNZD longGBPNZD is in my opinion in an uptrend that is part of larger ABC (white; could be WXY too) and moving inside a channel.
My outlook is that price will move past the current resistance zone in a bullish manner.
GBPNZD updateI have been going over my count once more and I´m not anymore completely convinced that the price will continue upwards immediately.
In fact, GBPAUD and GBPNZD are moving very similar and I have GBPAUD going down at first.
Of course this is no guaranty that both pairs continue do behave similar but it´s a possibility.
For now, I remain neutral and I closed my GBPNZD longs.
If price will fall or rise new opportunities will present themselves to enter the market.
GBP/NZD Best 2 Places To Sell It To Get 500 Pips , Patient=WinThis 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 Assis
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 selling confluence the next leg lower could go for new HH.
What you guys think of this idea?
GBPNZD Will Go Down! Sell!
Please, check our technical outlook for GBPNZD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 2.091.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 2.078 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPNZD SELL MOVE FOR THIS WEEKAccording to my predictions, GN should sell this week from 2.0930 region to 2.0720 region at least before major corrections for more upside moves
✅GBP_NZD TIME TO SELL|SHORT🔥
✅GBP_NZD surged again to retest the resistance of 2.0968
But it is a strong key level
So I think that there is a high chance
That we will see a bearish pullback and a move down
SHORT🔥
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