GBPNZD tested the highs of 22 OCT 20. Price broke out multi days bullish trend-line. As momentum is weakening across the board, I am looking for a retest of the broken trendline to trigger short. Don't risk more than 2% of your capital. Trade Safe!
GBPNZD after the last impulse is moving around the structure at the a.96500 area. The market after a retracement over the 0.382 level is now breaking above the resistance. If the market will close above we can set a nice long order according to Plancton's strategy. ----- Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red...
Trading suggestion: . There is a possibility of temporary retracement to the suggested resistance line (1.9765). . If so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPNZD is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA which acts as a...
Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension . Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension . If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2%...
Prices are facing bullish pressure from pivot level which is in line with 50% Fibonacci retracement and 100% Fibonacci extension. Prices might push up towards 1st support which is in line with -27.2% Fibonacci retracement and 127.2% Fibonacci extension. If prices fall through pivot level, prices might take support on 1st support which is in line with 38.2%...
This is a very jittery uptrend. And there are a lot of which rejections on my weekly area around 1.94408. I can see this from the daily timeframe. This could mean that we're getting ready for a short and if any reversals are possible, it will happen later part of the week. For now, my targets will be targeting daily levels from both sides. So less he had a market...
GBPNZD sell area, medium risk RSI overBuy, great lvl for reverse after push
A clear trend established here with the entry confirmation in play as the pair have rejected the trend line.
This week GBP/NZD could be starting finally to feel quite strong.
GBPNZD on the 4h chart is now testing a minor support. IF the price will break below we can set a nice short order for a test of a test of the ascending trendline ----- Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. •...
gbp nzd bearish short term one broken the 15 minute support could fall
GBPNZD after our last analysis reached the recent highs and starts a retracement within a channel till the support level. According to Plancton's strategy if the conditions will be satisfied we will set a new long order. ----- Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bullish reaction and price action, 4 HOUR Overall bearish market structure! DAILY Sideways consolidating market, looking for a downside break. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.93800 SL @ 1.94540 TP @ 1.92790 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
gbp nzd update, as the zone area is being rejected with pinbar candle we can take a short on gbp/nzd to support level
Have bearish engulfing on the 4hr that has to be retested. But I don't think the retest may last long. We may keep continuing up to test the weekly 1.94408 area, shoot back down as a rejection. With the large inverted head and shoulders below, we might pass up though to continue the rally. Otherwise, we may just keep dropping on down until we reach the daily...
Welcome to our weekly trade setup ( GBPNZD )! - 1 HOUR Bearish market structure and price action. 4 HOUR Closure below main sr level. DAILY Overall looking like a bearish turning market. - FOREX SWING SELL GBPNZD ENTRY LEVEL @ 1.93180 SL @ 1.94030 TP @ 1.91310 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a...