GBPNZD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPNZD.
After taking out liquidity above trendline, price started a retracement. I see price to go a little bit lower to fill the imbalance and then to reject from institutional big figure 1.91000.
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GBPNZD
GBPNZD 21-27 [JAN] Analysis - Descending Triangle on Monthly TFHere we can see on GBPNZD monthly TF a descending triangle which looks likely to break out for a long after retest of the 23.6 Fib. Furthermore, the recent downtrend is testing the 4H down trend the PA broke through last week so looks good for long entry on reject.
GBPNZD continues to range.GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925)
Previous support located at 1.9050.
Previous resistance located at 1.9150.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9150 will confirm the bullish momentum.
Our profit targets will be 1.9180 and 1.9220
Resistance: 1.9150 / 1.9250 / 1.9300
Support: 1.9050 / 1.9000 / 1.8950
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.
GBPNZD....SELL (128 PIPS)After the the british pound rallied on the opening of todays London session. GBPNZD failed to break 9th Jan high during the Asia opening completely, i'm finally expecting a reversal into 9th Jan's cosolidation.
NB: GN can break below that consolidation
Blue BOx; breakout zone
GBPNZD higherFrom a technical perspective we've got a hammer on the daily chart recently.
narrative wise i think the NZD narrative of the china reopening and the NZD rate advantage has moved over to the EUR so the NZD stronger story seems a little stale now.
correlations suggest higher, GBPNZD and EURNZD and closely correlated and is suggesting GBPNZD higher, rate differentials are higher as well which should help.
sentiment is suggesting higher as well.
Not trading/investment advise, feedback welcome!
EURNZD I Wait for break of resistance and go LONGWelcome back! Let me know your thoughts in the comments!
**EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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✅GBP_NZD BEARISH BIAS|SHORT🔥
✅GBP_NZD is trading in a downtrend
Along the falling resistance line
Which makes me bearish biased
And the pair is about to retest the resistance
Thus, a pullback and a move down are expected
With the target of retesting the level below
SHORT🔥
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Buying GBPNZD at current lows.GBPNZD - 24h expiry - We look to Buy at 1.8975 (stop at 1.8900)
Previous support located at 1.9000.
Previous resistance located at 1.9150.
Indecisive price action has resulted in sideways congestion on the intraday chart.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9150 will confirm the bullish momentum.
Our profit targets will be 1.9175 and 1.9205
Resistance: 1.9150 / 1.9200 / 1.9250
Support: 1.9100 / 1.9000 / 1.8975
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.
GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)Why get subbed to me on Tradingview?
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GBPNZD H4: BEST Level to BUY/HOLD +250/+350 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
from 8880 reversal zone bulls.
🔸 Summary and potential trade setup
::: GBPNZD 4hours/candle chart review
::: speculative reversal setup
::: pullback/correction in progress
::: SPECULATIVE SETUP / do your own due dill
::: for best results BUY/HOLD later
::: sequence of lower lows final low 8880
::: BULLS BUY/HOLD at 8880 later
::: expecting reversal TP BULLS 9340
::: get ready to BUY LOW / near 8880
::: best entry: after pullback near 8880
::: recommend to BUY/HOLD TP1 +250 TP2 +350 pips
::: recommended strategy: BUY/HOLD after pullback
::: final TP BULLS 9460
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 8880 fresh demand zone
::: 9460 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/pullback MODE
::: Sentiment mid-term: BULLS/reversal/8880
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.
Buying GBPNZD on dips.GBPNZD - 24h expiry - We look to Buy at 1.9025 (stop at 1.8950)
Previous support located at 1.9100.
Previous resistance located at 1.9200.
Price action looks to be forming a bottom.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.9200 will confirm the bullish momentum.
Our profit targets will be 1.9275 and 1.9300
Resistance: 1.9200 / 1.9275 / 1.9300
Support: 1.9100 / 1.9025 / 1.9000
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.