Hey traders, in the coming week we are monitoring GBPNZD for a selling opportunity around 1.89 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
-Price inside weekly demand. -Price bouncing off of weekly upward trend line -Trend = up/sideways. -Waiting for buyers to step in on the daily timeframe... Need to see daily downward trend line break, opposing pivot point supply removed, and a quality daily/4hr demand created.
Hey traders, in today's trading session we are monitoring GBPNZD for a selling opportunity around 1.92 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hello Traders, this is a swing operation on FX:GBPNZD targeting the 50 d-ma filtered by FOTSI index. Enjoy
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remember this an idea of what i expect from the market, trade on your own risk, good luck everyone
gbpnzd broke the bullish stracture with a nice double top and with a nice STOCH and RSI confirmation
GBPNZD is testing the 1D MA200 (orange trend-line) today after an almost 1 month correction since the February 03 High. That High was a Higher High on a +1 year series of Higher Highs. The last time we saw such an aggressive correction on a Higher Highs pattern to the 1D MA200, was in October - December 2019. During that sequence, the pair did test the 1D MA200,...
Hello traders, We are expecting a major move from GBPNZD down soon. We are expecting rejection from our major trendline to the bottom of our channel which is a crazy trade of 1250 pips! We are using a 100 pip stop loss on this trade with a profit taking level of 1250 pips Overall our RISK:REWARD ratio is 12.5 which is an insane RISK:REWARD ENTRY...
GBMNZD on the 4h chart is moving in a range trading. The price after a bullish impulse reached the 2.0500 level and created a triple top. How can we approach this scenario? The market is moving between 2 structures and after a long run we can expect some retracements. If the price will break the lower structure we will check if the move will satisfy the Plancton...
Hey traders, in this week we are monitoring GBPNZD for a long term selling opportunity around 2.05 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
GBPNZD has been very bullish for the past 2-3 months. Is the uptrend coming to an end? Wait for confirmation! *************************************************************************************** Hello there! If you are keen to learn more on the technical setups,do visit my website at www.shadowingthebb.com ! If you like my analysis and it helped you ,do give...
The price is slowing down on the background of news from the Central Bank. Expect a drop, possibly to the next support zone
Prices are abiding to an daily ascending trendline. We see the potential for a dip from our sell entry at 2.04907 in line with 100% Fibonacci retracement towards our Take Profit at 2.02306 in line with 127.2% Fibonacci extension. RSI is showing bearish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party sites...
GBPNZD price has broken the parallel channel support and the price is going to drop. Bears can target 30 pips in a quick move and after breaking that support zone will drag the price down towards a 0.618% fib level. So selling on strength will be a good strategy.
GBP/NZD has completed the cup and handle formation on the 1D chart. The pattern would become stronger if it continues trading in this range for a few more days. It's currently on a strong resistance. It would be better to take an entry after the breakout. The target would 2.04 once it breaks out. Thanks! Best Regards, Trae Like Pros.
The trend of this currency pair is bullish for the long term. But now there is a possible downside set-up. If Price Action is approved, this currency pair can be sold.
Hey traders, in this week we are monitoring GBPNZD For a selling opportunity around 2.02 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.