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GBPNZD

GBPNZD: Will it have the force to go long? YESThe GBPNZD situation presents a bearish structure, highlighted by three recent touches on the trendline. However, it currently sits within a demand zone on H4, where yesterday I observed a bounce at the 62% Fibonacci level, supported by an H4 candle. This bounce, in my opinion, is worthy of consideration. Shortly after, the market experienced an uptick, also supported by the demand zone, with a structural change to the upside on M15. If we had entered the position yesterday, the trade would still be open and showing a modest profit. Currently, the goal is to await a retest of the demand zone before transitioning from an H4 to an M15 chart, where I will assess whether there will be a structural change to the upside for a long entry. Additionally, I will move my entry directly to the market if the last bearish candle before the impulse shows a pin bar or a doji. Otherwise, if it's a bearish structure candle, I will place a buy limit at the high of that candle. In the event this scenario occurs, my target will be the 2.0952 level, where a previous high with liquidity yet to be filled is located. I will keep you updated on the situation's developments. Best regards and happy trading to everyone from Nicola.
Long
by Forex48_TradingAcademy
1
GBPNZD Will Move Lower! Short! Take a look at our analysis for GBPNZD. Time Frame: 12h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 2.080. Taking into consideration the structure & trend analysis, I believe that the market will reach 2.061 level soon. 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. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
1
GBPNZD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
GBPNZD Massive Long! BUY! My dear followers, This is my opinion on the GBPNZD next move: The asset is approaching an important pivot point 2.0648 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 - 2.0739 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
GBPNZD Will Explode! BUY! My dear subscribers, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.0515 pivot level. Bias - Bullish My Stop Loss - 2.0437 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.0668 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
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 Area
Short
by GoldenEngine
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.
Short
by ProjectSyndicate
The sideways pattern of continuing the bear market?Dear Friends, I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors. As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market. I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions. The first analysis is Litecoin In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily). I have been studying the Elliott Wave principle for almost three years now. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished. Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me. I hope my analysis will be useful to you in your business journey, and I wish you all the best. Sincerely,
Short
by mehdi47abbasi79
GBPNZD - Long from support zone ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from support zone for a potential long. Fundamental news: Upcoming week on Tuesday we will see results of Unemployment Rate on NZD. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD