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GBPNZD

gbpnzd h8 short from heavy supply zone major reversal🔸Hello traders, today let's review gbpnzd 8hour chart. currently we are closing in on heavy supply zones overhead, this is 9850 and 2.0000. In fact we already triggered 9850 and so price is already pulling back, however most likely price will do one final push to trigger overhead supply at 2.0000. 🔸Risk/reward is shifting in bears favor as we are closing in on swing high near 2.000, which is also heavy supply zone, so I'm expecting a heavy reversal, once we trigger the fresh overhead supply zone. 🔸Recommended strategy bears: look to execute shorts from overhead resistance close to fresh/heavy supply zone near 2.0000. Bears will target at least 50% of the recent swing, so conservative TP bears is 9400 and final TP bears is 9300. Keep in mind this is a swing trade setup. 🎁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
33
MarketBreakdown | WTI Oil, EURUSD, GBPNZD, EURAUD Here are the updates & outlook for multiple instruments in my watchlist. 1️⃣ WTI Crude Oil daily time frame🛢️ The market is trading in a long term bearish trend. After the last sharp bearish movement, the market is steadily recovering. Ahead, I see a major horizontal supply area. Probabilities are high, that the next bearish wave will initiate from there. 2️⃣ EURUSD daily time frame 🇪🇺🇺🇸 After a breakout of a solid daily resistance, the market is preparing for its retest. Watch carefully the underlined zone and look for buying opportunities from there. 3️⃣ EURAUD weekly time frame 🇪🇺🇦🇺 The pair is currently approaching a weekly horizontal resistance cluster. Taking into consideration, that the pair is quite overbought, probabilities will be high to see a pullback from that 4️⃣ GBPNZD daily time frame 🇬🇧🇳🇿 The pair is currently retesting a broken neckline of an ascending triangle. As we discussed earlier, the trend line of a triangle and its neckline compose a contracting buy zone now. Chances will be high that the next bullish wave will initiate quite soon. Do you agree with my market breakdown? ❤️Please, support my work with like, thank you!❤️
TVC:USOILShort
by VasilyTrader
6
Lower correction expected from GBPNZD.GBPNZD - 18h expiry - We look to Buy at 1.9550 (stop at 1.9450) Previous support located at 1.9600. Previous resistance located at 1.9650. Broken out of the channel formation to the upside. The correction lower is assessed as being complete. Risk/Reward would be poor to call a buy from current levels. A move through 1.9650 will confirm the bullish momentum. Our profit targets will be 1.9750 and 1.9800 Resistance: 1.9650 / 1.9750 / 1.9800 Support: 1.9600 / 1.9550 / 1.9500 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
Sell GBPNZD SW 230323 9.00📌📌 Signal Sell GBPNZD 📌📌 Link : 📍📍Open order 1.966 Sell lim 1 1.9695 Sell lim 2 1.973 Sell lim 3 1.977 Sell lim 4 1.981 Sell lim 5 1.985 Sell lim 6 1.989 Tp 1.951 Sl 1.996 Warning !!! (Swing trade must be use pending orders) !!!Pending orders should be set up lot size step by step Example (15,000$) Open order 0.1 lot Sell lim 1 0.15 lot Sell lim 2 0.20 lot Sell lim 3 0.25 lot Sell lim 4 0.30 lot Sell lim 5 0. 40 lot Sell lim 6 (last order) = 0.1+0.15+0.2+0.25+0.3 = 1.1 lot Example (3,000$) Open order 0.04 lot Sell lim 1 0.05 lot Sell lim 2 0.06 lot Sell lim 3 0.07 lot Sell lim 4 0.08 lot Sell lim 5 0.10 lot Sell lim 6 (last order) = 0.04+0.05+0.06+0.07+0.08 +0.1 = 0.4 lot !!When any pending orders are open and the profits are covered by loss it is up to your decision.!!
Short
by Maximus_Provider
GBPNZD - Over-Bought Zone ⬇️Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. GBPNZD is has been overall bullish trading inside the rising red channel, however it is currently approaching the upper red trendline. So we will be looking for sell setups. Moreover, the green zone is a strong supply. 🏹 So the highlighted purple circle is a strong area to look for sell setups as it is the intersection of the green supply and upper red trendline. (acting as non-horizontal resistance) As per my trading style: As GBPNZD is sitting around the purple circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Short
by TheSignalyst
4
GBPNZD SELLHello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading technically we understand that use of S&R support and Resistance failed to break Our R zone We expect price to fall back to our support. We Sell immediately the market open, remember proper risk management. Drop your comments on What you think about this trade thank you.
Short
by GoCrazyfx0
2
GBPNZD - Long active ✅Hello traders! ‼️ This is my perspective of GBPNZD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective as price forms higher highs and higher lows, so I am looking for longs. I expect bullish price action from this zone as price rejected from bullish order block + institutional big figure 1.94000. Fundamental analysis: On Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
2