GBPNZDGBPNZD is currently at a critical support and has touched the bottom of a falling wedge type formation on a Higher Timeframe. We can potentially see good upside this week and our targets are 1.94000 (initially) and 1.96500. Good Luck!
Gbpnzdlong
GBPNZD LONG OPPORTUNITY 200 PIPSprice already make a confimation for buy in ltf
good luck for your trade
put stop loss 1.91388
Potential Bat Long GBPNZD - Yesterday Price created a new low on the Daily TF, then broke structure to the upside on the LTF creating liquidity, I'm expecting a retest of the lows (Potentially following the pattern) before trading the CD leg, I have 3 possible entries long here.
Whats your thoughts?
FOREX ANALYSIS : GBPNZDFX:GBPNZD
The blue and red lines mean: I think prices can return in these areas.
Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets.
If you want to use this deal, please risk only one percent of your account balance.
Crab Complete on Quaterpoint GBPNZD, Potential Swing long, price is sitting on quaterpoint which also lands on the D point of a daily shark & a daily OB.
There's not much reaction at the current level which indicates to be the bears are still in control, I feel once the OB is tapped into below price will reverse and head back towards the previous quaterpoint (Daily high) If price breaks and closes below ill be then looking for rejection & shorts.
Whats your thoughts?
Potential Deep CrabGBPNZD - Potential Daily Crab, D leg lands in the daily demand zone, clears an imbalance and taps a refined OB (This is my ideal entry for a buy, highest probably, lowest DD trade)
However price may just clear the daily imbalance (1.93043 level) and then reverse!
Will be watching PA as it reaches this level. First level ill take a swing with LTF confirmation at the first if price bounces, and if price comes to mitigate the second level ill add a second order.
Whats your thoughts?
GBPNZD - Bullish BiasGBP - Weak Bullish
1️⃣ BOE Chief Economist Huw Pill says that the current strength of inflation appears to be proving to be more durable than initially expected and the BoE plans to release asset purchase stocks in the best possible way.
NZD - Weak Bearish
1️⃣ The expectation of an interest rate hike is already expected. Not surprising the market.
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Technical
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Buy opportunity for GBPNZD if the price retrace at support first.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
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Potential Crab Forming GBPNZD - Potential Crab, Price is trending up on the HTF and I'm hoping for price to return to the 1.95993 level to fill a previous imbalance and then reverse from an OB to continue the HTF trend bias.
The previous reaction close to this level is very strong and we have a lot of confluence, a bounce is probable.
Whats your thoughts?
GBP/NZD_4H_LongLong position taken because the price started a bullish trend from a daily demand zone and also it broke last week high and a 4H supply zone, so I took a long position.
R/R = 1:1.86
GN Uptrend/Buy Idea GBPNZD, according to Marketmilk on Babypips, indicated an uptrend. The bull market, based on the Chain pattern of HL and HH, can be expected to hit two take profit peaks. This is a good swing trade idea, if GN continues sustaining the bull run. If you would like to enter this trade, please use proper risk management.
GBPNZD 15 MIN TIMEFRAME ANALYSIS BUYWe consider buying this GBPNZD pair because of a strong support below. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. Thank you for following me on tradingview.
GBPNZD: MY SECOND ENTRY / SIGNAL TRADINGHere is my idea for swing trade.
don't miss 200 PIPS on it.
Its seem huge stoploss 40 PIPS. But worth it to me for reward.
good luck and safe trade
GBPNZD Price is from a impulsive phase and now correcting in a correction phase, will be looking for price to break bullish to enter a buy trade.
GBPNZD-LongGBPNZD
Recently market had broken out of bullish channel and went sell but not able to cross the strong support zone. So from now i am looking for long move with SL below the support.
GBPNZD part 2, you could enter nowGBPNZD small retracement, you could enter now, keep a tight stop at the 0.886 fib.
GBPNZD-Long#GBPNZD
Market moving in ascending channel and currently unable to cross support. So looking for buy.
GBPNZD - Long for this afternoonSee the trap for SELLERs came - bz the price got ovet the trend and support- Now we'll waiting for the price NOTED on the chart them In to BUY - Only 3h you'll get Profit
New GBPNZDprice make a broadening wedge pattern, and the last structure price made an uptrend but already breakout, it will be going down and break out the support or going down for bouncing back to the uptrend.
GBP/NZDFor GBP / NZD all we need is to break through the 1.91840 area and close above it and then we are pretty sure the price will go up to 1.96600 area.
GBPNZD I predict price will be bullish, especially since NZD GDP will be released. I predict the result will be bad because New Zealand was in lockdown for the past month due to spreads of coronavirus.
HOW TO BUY GBPNZD WITH CONFIRMATIONLast week GBPNZD reached a weekly support cluster and we saw the loss of price momentum. Currently, the price failed to make a lower low and it's now consolidating on the level.
Once you zoom in the 1H timeframe you'll notice bullish accumulation forming an ascending triangle. Once the price breaks to the upside of the triangle it will be a very nice opportunity to buy on the retest.
