GBP/NZD Multi-Timeframe & Order Flow Analysis Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GBPNZD
✅TS ❕ GBPNZD: broke up the downward channel✅✅ GBP NZD broke the downward channel upwards.
The price has successfully rebounded from the support area.
The price may continue to rise. ✅
🚀 BUY scenario : long to 1.923. 🚀
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GBPNZD....SELL (166 PIPS)Expecting the bearish continuation on GBPNZD, GN had a sell rally since last week, but today's NZD unemployment data gave a weaker NZD report which made an opposite move on GN. But failed to the upside and has revisited its initial entry zone. expects the market to return to 9th Jan's low and if not a price reversal to form a consolidation, I'm still interested in GN revisiting the 1.8844 psychological level.
GBPNZD dips continue to attract buyers.GBPNZD - 24h expiry - We look to Buy at 1.9000 (stop at 1.8925)
Previous support located at 1.9050.
Previous resistance located at 1.9100.
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 1.9100 will confirm the bullish momentum.
Our profit targets will be 1.9250 and 1.9300
Resistance: 1.9100 / 1.9200 / 1.9250
Support: 1.9050 / 1.9000 / 1.8950
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GBPNZD - Just an idea!GBPNZD - Just an idea!
It's a break above 200 EMA expect 1.618 as target areas!
It's important this week regarding fundamentals to take into consideration as we have many CB's!
If we stay above these levels, the bulls are in control. However, if we were to break below the areas of 1.90400 areas then bears may gain control.
Key tip: Most of the time, it's really best to ignore the noise.
Have a great week ahead,
Trade Journal
GBPNZD Trading Plan - 27/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GBPNZD to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPNZD Best long-term signal you'll getThe GBPNZD pair hit the bottom of the Triangle pattern it has been trading in since early 2019. This has been done staight after a 1D Death Cross (when the blue 1D MA50 crosses below the orange 1D MA200). This is quite similar to the October 2018 - August 2019 fractal. A new Golden Cross will confirm the currently strong long-term buy signal.
See how they both ae under near perfect symmetry. The first Lower High hit the 0.786 Fibonacci and got rejected. Our long-term target is 2.000, just below the top of the Triangle.
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GBPNZD UPDATESWe expect the price to retest our previous supply zone before bullish movement, otherwise the price might break our supply zone thus bullish movement to take their chances from the second supply zone which is our previous week low, break below the previous low the analysis becomes invalid
GBPNZD H4: TP +900 pips // H*S pattern // BUY HOLD(SL/TP)Why get subbed to me on Tradingview?
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GBPNZD H4: TP +900 pips // H*S pattern // BUY HOLD(SL/TP)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG because I expect short-term
pullback before reversal later near 8800(BULLS)
🔸 Summary and potential trade setup
::: GBPNZD 4hour chart review outlook
::: H*S speculative setup
::: expecting GBPNZD to outperform
::: RISK OFF mode soon
::: in-line with my GER30 outlook
::: will boost GBPNZD mid-term
::: expecting a strong bullish BOUNCE
::: after we complete throwback/pullback
::: into mid accumulation range 8800/8860
::: overhead resistance will get re-tested
::: recommended strategy: BUY LOW 8800/8860
::: SL 100 pips TP1 +500 pips TP2 +900 pips
::: 9640/ 60 strong resistance overhead
::: so expecting pullback mode short-term
::: BULLS should get ready to BUY LOW soon
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: STRONG BULLS
::: Global Sentiment: RISK OFF / will boost GBPNZD
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.
GBPNZD 25th JANUARY 2023Bank of England is projected to raise interest rates by 50 basis points (bp) to 4% on February 2nd. There is another possibility that the Bank will add 25 basis points in March, making the peak rate 4.25%. This news could support a buy the rumor sentiment in Pound Sterling.
GBPNZD is in the H4 support area and RSI 10 is oversold. Technically, if both reasons are valid, the price will be bullish in the future.
GBPNZD I Short term buy from demandWelcome back! Let me know your thoughts in the comments!
**GBPNZD Analysis - Listen to video!
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GBPNZD > Strong Demand Zone, Wedge Pattern, a Key Market Level!!Analysis of #GBPNZD
Hi traders, today we will have a look at #GBPNZD
looking at the chat right now you can see the market has tested the structure support zone and showed a bullish reaction also we have the market inside a falling wedge pattern at the structure also key market level of 1.9000, which usually break to the upside
if the market will test again this level I will drop a one-time frame and look for a reason to enter with a good reward to risk
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GBPNZD....SELL (320 PIPS)EXpecting a strong sell run on GN to re-visit last years september/covid low at 1.88440.
Price of GN tried to rally up but consolidated for almost 4 weeks at 1.93240 and 1.89410. After GN fall on thursday Asian session, i expect this momentum to continue to complete the sell run on GN.
NB: Weekly, Daily and 4H Analysis