GBPNZD SELLINGgbpnzd seller taking chances after lq has been taken and retested giving us a strong resistance zone as price drifting a drop for a support/sell side lq
GBPNZD
GBP/NZD BULLISH BIAS RIGHT NOW| LONG
Hello,Friends!
Bullish trend on GBP/NZD, defined by the green colour of the last week candle combined with the fact the pair is oversold based on the BB lower band proximity, makes me expect a bullish rebound from the support line below and a retest of the local target above at 2.042.
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YEMI_FX 1 | SHORT OPPORTUNITY ON GBPNZDPreviously price respected the resistance zone making it first touch of the , thereby validating it.
Currently GBPNZD price is moving to make it second test, we might see a corrective test as it behave in the first touch. Price will fill the wick @2.02631 . My target is to Price 2.0145.
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GPBNZD Falling Wedge & Bullish Divergence - Going Long 4H TFGBPNZD is in the falling wedge pattern with a price bouncing at the strong support line. Price actions shows bullish divergence with a possible reversal of going long. Placed a buy stop at previous LH with 1:1 RR. What you all think, Will it go long?
GBPNZD Long Term Buying Trading IdeaHello Traders
In This Chart GBPNZD HOURLY Forex Forecast By FOREX PLANET
today GBPNZD analysis 👆
🟢This Chart includes_ (GBPNZD market update)
🟢What is The Next Opportunity on CHFJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartS
GBPNZD Falling Wedge GBPNZD price actions shows a falling wedge pattern. It has tested strong daily support with a possible bullish price action while staying within the wedge.
SL will be under the trend line and buy entry will be at CMP.
TP will be 1:1
GBPNZD Will Explode! BUY!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The price is coiling around a solid key level - 2.0331
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy giving a perfect indicators' convergence.
Goal - 2.0434
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPNZD Is Very Bullish! Buy!
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 approaching a significant support area 2.032.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 2.043 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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GBPNZDFX:GBPNZD is waiting for a retest, then a bullish price action candle from the demand zone to confirm the rise again📈, and the analysis ends with any direct daily close below the zone.
⚡️ Good luck, guys.🙌🙏
✅GBP_NZD LOCAL LONG🚀
✅GBP_NZD fell down sharply
But a strong support level of 2.025 was hit
Thus as a rebound is already happening
A move up towards the target of 2.045 shall follow
LONG🚀
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GBPNZD | Long ideaJust like EURNZD, GBPNZD is in a big weekly support zone. Price is most likely going to bounce from this zone so I will be looking for long entries!
GBPNZD: Nice Short From Resistance?! 🇬🇧🇳🇿
GBPNZD formed a head and shoulders pattern after a test of a key daily resistance.
The neckline of the pattern is broken, and we see its retest at the moment.
I expect a bearish movement to 2.0420 / 2.0315
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GBP-NZD Bearish Bias! Sell!
Hello,Traders!
GBP-NZD went up and hit
A horizontal resistance of 2.059
From where we are seeing
A bearish reaction so I think
That we will see a move down
Sell!
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Check out other forecasts below too!
GBPNZDGBPNZD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 2.0200
What you guys think of this idea?
GBPNZD Potentially Bullish on weeklyFX:GBPNZD Looking good for a long especially if this week's candle closes around the 2.057 area. This doesn't mean we may not see a further push lower. Looking at the lower TFs, there are chances for price consolidation
GBPNZD,,BEARISH ,,It is extremely risky. Selling liquidity is in this area. But in my opinion, it is risky
GBPNZD My Opinion! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.0538
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0483
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPNZD ____ INCOMING BEARISH MOVEHello Guys,
This pair has been on my radar for a long time now. Let's break down this pair.
On the monthly timeframe, a bearish CHOCH was formed and if you use your fib to measure the retracement, you will notice that the price has retraced more than the equilibrium price, meaning that GBPNZD is in a premium zone. This doesn't mean it would be wise to short the pair just like that.
On the weekly timeframe, using your fib you will also notice that price has retraced to the equilibrium price.
On the daily timeframe is where it gets interesting, notice the sell-side liquidity (equal lows) and also the imbalance (FVG) as drawn on my chart. Also, price has formed a bearish CHOCH on the daily timeframe.
If price should retrace into the daily supply orderblock, I will go into the 1 hour timeframe to wait for my trade setup.
Keep this pair on your radar.
Follow for more updates like this.
Cheers,
Jabari
GBPNZD LONGhello traders.as you see in 4hr we can see the change of direction and this demand area.now after pullback to this zone, in smaller time we wait for confirmation to open our long position.
R:R 3.42
“”your follows and boosts encourage me to publish more analysis””
GBPNZD: Bearish Forecast & Bearish Scenario
The recent price action on the GBPNZD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down.
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GBPNZD Will Go Lower! Short!
Please, check our technical outlook for GBPNZD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 2.055.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 2.048 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPNZD H4 | Bullish bounce?Price could react off our buy entry which is a multi swing-low support level at 2.04374. Our take profit is at 2.05493, a pullback resistance level. Stop loss is at 2.03771, which is an overlap support level.
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GBPNZD looks shortGBPNZD for me looks for more shorts.
Now it's good place for looking for structure for reversal and sell.
I add one small order and I wait for structure on M5-M15 for add more sell.
TP new LOW
