GBPNZD looks bearish GBPNZD looks bearish making lower low and lower high and already made strong bearish divergence that's why i am taking bearish entry. what do you think?Shortby zainmalang30Published 3
GBPNZD: Preparing For a Bearish Wave 🇬🇧🇳🇿 Have a look at that bearish imbalance that was formed on GBPNZD on a daily time frame on Friday. With one single bearish candle, the price violated a neckline of a descending triangle formation and a key horizontal support. The market is retesting the broken structures at the moment. I believe that a fall will initiate soon. Next support - 2.0372 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTraderPublished 449
GBPNZD possible bounce from support??Hi Guys. The GBP/NZD pair is approaching a support level that has some nice confluence to warrant a possible long trade. The shaded box it is approaching is the fib golden zone from where the pair bottomed to its recent high. There is previous resistance likely to become support that has not been used yet. 50 day MA ( orange line) is hovering in there and could be used as support. The AVWAP from a previous bottom which has been used a few times for strong support is also there ( black line). Hourly RSI is in oversold but yet to show divergence. Looking left the shaded area has been used previously by price for some strong moves. Harmonic pattern...actually the fib levels on this pattern are a cross between a Gartley and a bat ...the midpoint being the 0.5 required for bat but the entry point if finishes at 0.786 is the Gartley requirement. Point C not exactly 38.2 or 88.6 as required by most of the patterns . If we get the entry at point D at 0.886 or thereabouts then yes its more like a bat. I'm thinking more the 0.786 entry area at the moment as that resistance that hasnt been tested will probably be used before going further down. Usually when the GBP NZD or GBP AUD are attracting buyers the US indices stall or face some selling so will be interesting what plays out when the US session opens soon. Nothing in this game is ever certain, far from it but the confluence I pointed out will give me more confidence in having the trade go as Im anticipating, if I do enter into one. As always I'm going to see what plays out in this area and look for entry reason, most likely a double bottom or inverse hs or hammer candle. I've had some pretty dodgy calls recently, mainly trying to short the freaking US indices (which I think most traders have. I am stil long biased and hold long positions from further down on all four indices but always looking for sell setups with no overhead resistance. I am wrong as often as Im right, but thats the way it goes. I enjoy sharing ideas, which is what they are, just my ideas and seeing the thoughts of other traders and learing from feedback. Safe Trading all.Longby elyask120Updated 222
GBPNZD SHORT - FOLLOW THE MOMENTUM!Waiting for a break and retest at 2.06302 to short GBPNZD back to Daily swing low at 2.00643 If you agree drop a like and if you have any questions leave a comment :)Shortby mikoaoduPublished 2
Forecast [GBPNZD] ~ Retracement and Bounce !!! Here we go ! Let see the figure and be patients. Good luck ! Longby MAKurniawanPublished 0
GBPNZD: Important Breakout & Bearish Outlook 🇬🇧🇳🇿 GBPNZD nicely respected a major horizontal resistance on a daily. After its test, the price formed a descending triangle formation, then we saw a breakout of 2 major supports. The pair will most likely keep falling. Goals: 2.0375 / 2.024 ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTraderPublished 335
GBPNZDLeaving the short-term downward trend and making a higher floor than the previous floor is the reason to defend the purchaseLongby ShahdadiHPublished 0
GBPNZD- 4hrs ( Sell Trade Target Range 300 PIP ) 💵Pair Name GBP/NZD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🔗 Key Technical / Direction ( Short ) Mid Term Type : Mid Term Swing —————————— Bearish Break 2.06600 Area Reasons - Major Turn level / D - Visible range Hvn - inner Pattern Break - Turn Over Area - PDL - PWL Bullish Reversal 2.03000 Area Reaons - Major Turn level / D - Visible Range Lvn - Pattern Full Target - Quarter's Area - Choch AreaShortby GoldenEngineUpdated 6
GBPNZD: Bullish Continuation & Long Trade GBPNZD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPNZD Entry Point - 2.0535 Stop Loss - 2.0445 Take Profit - 2.0723 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignalsPublished 1122
gbpnzd h8 short sell from resistance tp 2.0300🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal after we hit strong overhead resistance at 2.0900. currently risk/reward shifted in bears favor. 🔸previously V-shape recovery completed at 2.0900, however right now bears will likely take over in this market. below bears will target mirror s/r level at 2.0300. strong risk/reward on sell side now. 🔸Recommended strategy for GBPNZD bears: short at market / short sell any rips and rallies towards resistance, SL 80 pips TP1 +200 pips TP2 +400 pips. swing trade setup, so naturally will take more time to hit TP. good luck, traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. 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.Shortby ProjectSyndicateUpdated 116
GBP/AUD SHORT from 1.9429GBP/NZD has hit a line of recent resistance from last week and appears to be decling from this level. This level coincides with the Pivot Point Supertrend SELL signal. On the H2 time frame the RSI is well into over bought territory reading 76 and we're alos at the WM3 Pivot so all signs are that GBP/AUD BEARS will enter here and attempt to drive the price south. With recent high close by we can get a tight 22 pip STOP on to protect the trade. Target initially will be the WPP mid pivot at 1.9347 which is where the 200 EAM sits. RBA Governor Bullock speaks at 22:30 GMT so we would need to get this trade to break even or +ve in case of anything BULLISH coming from the Governor as this would send AUD higher.Shortby forextraplacesUpdated 2
Lingrid | GBPNZD Long after Rejection of the SUPPORT level The price perfectly fulfilled my last idea. It hit the target. FX:GBPNZD pulled back to the support level after a bullish move on the daily timeframe. Price broke the previous resistance zone, which is the support level now. I think if the price rejects the support level, we will have a pullback into the range zone. I expect a bullish move from the support level and lower border of the channel because the main trend on the daily timeframe is bullish. My goal is the resistance zone 2.06700 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Longby LingridPublished 3342
GBPNZD ShortI am looking to go short on this pair after I get a retest, ⚠️Word of Caution⚠️ setting the buy and sell position tools or drawing of direction lines on my chart doesn't mean I opened a position already or fixated on that certain bias, flexibility is also important, it just a forecast,i don't just trade when price hits my levels, I've got rules of engagement. The most important thing of all is 🆘RISK MANAGEMENT🆘.Shortby Pleazant-fxPublished 2
GBPNZDHitting the ceiling of the channel and lack of adequate strength to stabilize are reasons for sellers to move the price towards the specified target.Shortby ShahdadiHPublished 1
GBPNZDDivergence in the indicator and exit and stabilization above the downward trend line are the reasons for the growth of the price up to the specified targetLongby ShahdadiHPublished 3
gbpnzd sell positionIn the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.Shortby imanpournasserPublished 0
gbpnzdLately on GBPNZD the price has just took out our buyside liquidity and its now heading for the sellside liquidity Shortby BigBenCapitalsPublished 3
GBPNZD SHORTGBPNZD I expect it to fall! SELL IT! 🧠My dear subscribers, GBPNZD may fall due to the strong resistance of 2.0700 The pattern formed a nice correction graph. Bias - Bearish ——————— My Stop Loss - 2030 Target - 2.06389Shortby SANDOVSKIPublished 2
GBPNZD EXPECTING LONG PULLBACK TRADEThe market is currently at the daily support level, where we expect it to move towards the buying direction. If we look at the 1-hour chart, we can see clues such as a double bottom pattern with its neckline already broken above. Now, we will anticipate the trade as follows: Entry: 2.0662, Stop loss: 2.0615, Targets: 2.0717 & 2.0757.Longby UKTRADERS21Published 1
GBPNZD Possible Bullish MovementPrice has found support and has touched the bottom of the bullish channel. Price remains above MA's. Price is also very close to the bottom of the Keltner channelLongby Kevins1987Published 2
GBPNZD: Very Bullish Setup 🇬🇧🇳🇿 GBPNZD formed a cute inverted h&s pattern on a key horizontal support. We see a formation of a bullish imbalance now. The pair will most likely keep growing. Next resistance - 2.075 ❤️Please, support my work with like, thank you!❤️ Longby VasilyTraderPublished 668
GBP-NZD Long From Support! Buy! Hello,Traders! GBP-NZD is going down But will soon hit a Horizontal support level Of 2.0575 from where A bullish rebound It to be expected Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignalsPublished 224
GBP/NZD BEST PLACE TO SELL FROM|SHORT Hello,Friends! Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 117