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GBPNZD

GBPNZD, Paramount H-S-Formation Completes, Perspectives Ahead!Hello, Welcome to this analysis about GBPNZD, we are looking at the 4-hour timeframe perspectives. As I discovered GBPNZD is completing a major formation now that will show up further determinations when fully completed which is likely to emerge in the near future. As when looking at my chart we can watch there how GBPNZD has established this major head-and-shoulder-formation with the left shoulder, head as well as right shoulder already completed. Now as GBPNZD has settled below the neckline this is the technical confirmation and completion of the formation and is taking the form of a bear-flag pattern as it is marked in my chart. Once GBPNZD moves below the lower threshold of the bear-flag this will indicate further bearish continuations to the downside. Also what is likely to come up here when GBPNZD continues with the continuations is the death-cross in which the 65-EMA in black crosses below the 200-EMA in blue which will add to the bearish perspectives. The main targets for GBPNZD are within the 1.946 level marked in my chart in blue, once this level has been reached the situation needs to be elevated anew and GBPNZD needs to show if it manages to stabilize or sets up for further bearish continuations. In this manner, thank you for watching my update-analysis about GBPNZD and the main head-and-shoulder-formation development, support the analysis with a like and follow or comment for more market insight! Information provided is only educational and should not be used to take action in the market.
by VincePrince
17
3 Confluences Align Are We Primed For A Move To 2.02 ??After finally breaking out of the long term resistance @ 1.91 area in July the market made a strong rally stopping shy of the 2.0 price level which as we have seen was a strong resistance level. Is the sell off from this level just some profit taking and are buyers getting ready to position themselves back in the market around 1.91 for another push higher towards the Monthly's SUPPLY/SELL zone starting at 2.02. From reading the charts I suspect this is the case as we have 3 confluences aligning around the 1.91 area. Firstly is the newly created weekly DEMAND/BUY zone that caused the breakout of resistance and the move to the new trend highs. Given the speed of how price is retracing to this level should be an indication that buyers will likely enter here Next is the newly created support level around 1.91 this was a previous resistance that got strong reactions in the past will this happen again but upwards ? The 3rd confluence is the weekly trend line is in this area all these point to this being a great area to buy this pair. What I want to see happen now for this pair is a move down towards 1.91 or lower and for price to start building some sort of support and sideways accumulation structure on the lower timeframes. Then I will look for a 8hr,12hr or daily signal on my TRFX indicator to confirm my entry, stop loss will be based on the entry price. First target will be the current high in the trend around 2 which will likely get a small reaction before the market breaks up higher towards 2.02 or higher. For this move to be invalidated I would need to see a strong move below the 1.90 area and a weekly or monthly close. This is how I see hope you enjoyed the read
Long
by TheFxAce
16
GBPNZD The Rise! BUY! My dear subscribers, GBPNZD looks like it will make a good move, and here are the details: The market is trading on 2.0995 pivot level. Bias - Bullish My Stop Loss - 2.0923 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.1128 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
2
GBPNZD pulling back to support … the week of 11 SepMy daily chart depicts how I read the movement in this pair so far and what I expect will happen next. My bias continues to be bullish and the only question in my mind is if the current retracement will reach the support I have marked, or will the turn around take place earlier. I will be monitoring as best as I can what happens next. If the bullish trend resumes at the area I marked, we are looking at a 4R trade. Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more. What do you think about this trade idea? Please comment and share your thoughts!!
Long
by Trading_Vista
GBPNZD Technical Analysis! BUY! My dear followers, I analysed this chart on GBPNZD and concluded the following: The market is trading on 2.1109 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.1337 Safe Stop Loss - 2.1000 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
7
GBPNZD - Short after filling the imbalance ✅Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 2.13000. Fundamental analysis: Upcoming week on Wednesday will be released monthly GDP on GBP, Pay attention to the result in order to validate the analysis. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
GBPNZD Sellers In Panic! BUY! My dear followers, I analysed this chart on GBPNZD and concluded the following: The market is trading on 2.1168 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 2.1373 Safe Stop Loss - 2.1072 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
3