The GBPNZD pair is currently under a rejection on the 1D MA200 (orange trend-line). Even though the 1D MA50 (blue trend-line) is the next Support, based on the correction of 2020, we are more likely to see the trend turn bearish again than bullish. As a result, our plan is to sell as long as the price doesn't close a 1D candle above the 0.618 Fibonacci retracement...
Anticipating short-term movement to the upside in the lower time-frames. Apply proper risk management. As usual, happy trading
On the daily chart , we can clearly spot a possible formation of an inverse head and shoulder pattern. As we can see back in 2021 October, an exact pattern was formed, eventually resulting in a breakout followed by a persistent bull market. Therefore, a similar scenario could happen again soon, hinting a beginning of a bull market. Currently, we are carefully...
First trade of the day, currently looking at an ascending channel. Looking to go short long term, use proper risk management and stay safe! Happy trading!
GBPNZD has been setting up for a couple weeks now and I still maintain a reversal is in order. Inverse head and shoulders should play out this week ahead
I'm using my own coded sophisticated program to catch trades and its really hard to explain that here for me. So I'm simplifying the trade idea to publish here. I think its time to retrace back to 1.98 area on GBPNZD Lets see if it works again.
Welcome back! Here's a potential buy scalp opportunity for KiSS 2.0 Strategy or whatever entry criteria you use. **GBPNZD - listen to video analysis. We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our...
A breakout above the upper trendline could be a nice pump in the price for the buyers to start making banks in the market. Worth looking into. Target of 500 pips Stop 150 pips
GBPNZD created a Rounded Bottom pattern as we see on the 4H chart. The Price is about to break the Neckline level ( around 1.93680 ). Entry Point will be perfect in this setup after the 4H candle close above the neckline level. Don't Forget: "The Market Is Always Right" So nobody can predict the market, good traders only react to it. Good Luck!
Currently bullish on GBP pairs after last weeks reaction, many reversal patterns formed if not already happening. GBP shown some support. Looking for a pullback from sellers to complete the formation of this reversal patterns before entering my long. Imbalance is also a hint that bulls are gearing up to fill it in. Fib being used for targets. Driving factor - UK...
Hey traders, in today's trading session we are monitoring GBPNZD For a buying opportunity around 1.932 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Prices are at a Pivot . We see the potential for a dip from our sell entry at 1.91149 which is an area of Fibonacci confluences towards our Take Profit at 1.89986 in line with 23.6% Fibonacci retracement . RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on...
Prices are at a Pivot. We see the potential for a dip from our sell entry at 1.91149 which is an area of Fibonacci confluences towards our Take Profit at 1.89986 in line with 23.6% Fibonacci retracement. RSI is at levels where dips previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on...
GBPNZD LONG - Buy Entry - D1 Chart Buy @ Market Symbol: GBPNZD Timeframe: D1 Type: BUY Entry Price: Buy @ Market Resistance @ 2.02900 Resistance @ 1.97203 Pivot Point Yearly @ 1.94846 Resistance @ 1.91244 Support @ 1.88625 ✅ If you liked this analysis, please consider Following and giving it a Thumbs Up 👍 ✅ If you have any feedback or questions,...
Hey traders, in the coming week we are monitoring GBPNZD for a selling opportunity around 1.895 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Keep it simple! In my experience, impatience causes the most losses.
Nice 1/6 RR on a double bottom liquidity grab! Going long at this time and with price action hesitating at the current level, I am taking longs. If I get stopped, Ill wait for a better entry to begin going long again.
Hi, This is for my purpose only, the trade is really open rn @1.8986. I've put my SL @v_1_888 If you follow, like or share different opinion dont hesitate to share ! Like or comment if you wish good luck trading Carlos