✅GBP_NZD POTENTIAL LONG🚀
✅GBP_NZ D fell down sharply
But a strong support level was hit at 2.0672
Thus as a rebound is already happening
A move up towards the target at 2.0754 shall follow
LONG🚀
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GBPNZD
GBPNZD Is Going Up! Long!
Here is our detailed technical review for GBPNZD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 2.071.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 2.076 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPNZD BUYAfter a down move market seems to be creating higher highs and higher lows and breaking structures to the up move
GBP-NZD Risky Long! Buy!
Hello,Traders!
GBP-NZD is retesting a
Horizontal support of 2.068
From where we are likely
To see a local bullish rebound
Buy!
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GBPNZD Swing BuyGBPNZD
Buy
Stop Loss: 2.064
Targets:
2.072
2.074
2.076
2.080
Swing Targets:
2.09
2.10
2.11
2.12
GBP/NZD Bearish Side Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist GBPNZD based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level market is overbought / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan,
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.
GBPNZD - Bullish Harmonic Pattern FormationThe GBPNZD currency pair is currently forming a Bullish Harmonic Pattern, specifically an XABCD pattern. This is a key indication of potential bullish reversal trends, particularly as the price approaches the D point. In harmonic patterns, Point D is known as the Potential Reversal Zone (PRZ), where we often anticipate a significant price reaction.
Confluence of Support Levels:
Point D not only signifies the completion of the harmonic pattern but also aligns with a critical support area. This confluence of factors enhances the probability of a bullish reversal. Additionally, the 4-hour trend line intersects at Point D, adding another layer of confirmation to our bullish outlook. This confluence provides a robust foundation for our bullish bias.
Entry, Stop Loss, and Take Profit Levels:
Given the analysis, our strategy involves taking a long position at the PRZ.
Entry Point: 2.07390
Stop Loss: 2.06732
Take Profit Levels:
TP-1: 2.08048
TP-2: 2.08706
TP-3: 2.09365
These take-profit levels have been strategically placed to capture potential gains at various stages of the anticipated bullish trend. The first target (TP-1) is modest, allowing us to secure initial profits. Subsequent targets (TP-2 and TP-3) aim to capitalize on extended bullish movements.
Conclusion:
The alignment of the Bullish Harmonic Pattern's Point D with a key support area and the 4-hour trend line provides a high-confidence setup for a bullish reversal in GBPNZD. By entering at 2.07390 with a stop loss at 2.06732, we mitigate risk while positioning ourselves to benefit from the expected upward trend. Our take-profit levels at 2.08048, 2.08706, and 2.09365 allow for a structured approach to capturing gains as the market moves in our favor.
This analysis underscores a well-rounded technical setup that aligns multiple indicators, increasing the probability of a successful trade.
GBPNZDUpdated LONG idea for GBPNZD on the theory markets ranges 70% of the time. 30m LTF seems to be holding the LTF TL for now. I normally take late positions if retracement is no more than 30% of previous 4h bearish leg.
For Shorts on GbpnzdHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
I am bearish on the pairs, more downside should be there.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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*********************************************************************
Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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✅GBP_NZD POTENTIAL SHORT🔥
✅GBP_NZD is about to
Retest the broken rising
Support which is now a
Resistance so we are
Bearish biased on the pair
And so we will expecting
A further move down
SHORT🔥
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GBPNZD Will Go Lower From Resistance! Sell!
Here is our detailed technical review for GBPNZD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 2.079.
Taking into consideration the structure & trend analysis, I believe that the market will reach 2.076 level soon.
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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GBP-NZD Broken Support Retest! Sell!
Hello,Traders!
GBP-NZD broke the rising
Support line and is now
Making a retest of the line
Which is now a resistance
And from where we will
Be expecting a local
Move down
Sell!
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GBPNZD: Will Start Falling! Here is Why:
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPNZD chart which, if analyzed properly, clearly points in the downward direction.
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GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
We are going long on the GBP/NZD with the target of 2.109 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
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GBPNZD Will Explode! BUY!
My dear friends,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0832 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.0938
Recommended Stop Loss - 2.0763
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
GBPNZD: Will Start Falling! Here is Why:
Looking at the chart of GBPNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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GBPNZD Technical Analysis! BUY!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The price is coiling around a solid key level - 2.0890
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 2.1001
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
———————————
WISH YOU ALL LUCK
GBPNZD Long Trade Setup A #long trade opportunity recently presented itself on the #poundkiwi (#GBPNZD) #trading chart 📈.
This is indicated by the #bullish engulfing candlestick 🕯️ pattern on the 2.08563 horizontal support level.
This indicates a fakeout (fake breakout) of the same level, with potential price move in the upward 👆 ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 2.11500 psychological level and possibly testing the strength of the 2.11884 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
✅GBP_NZD RISKY LONG🚀
✅GBP_NZD fell again to retest the rising support
But it is a strong line
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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GBPNZD What Next? SELL!
My dear friends,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.1090 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 2.1018
Recommended Stop Loss - 2.1138
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
———————————
WISH YOU ALL LUCK
