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Gbpnzdlong

#GBPNZD 4HGBPNZD (British Pound / New Zealand Dollar) Timeframe: 4-Hour (4H) Pattern: Expanding Pattern An expanding pattern, also known as a broadening formation, has been identified on the 4-hour chart of the GBPNZD pair. This formation signals increasing volatility and market indecision, often leading to a strong breakout in either direction after completion. In this case, the pattern appears to be forming higher highs and lower lows, indicating widening price movements. Forecast: Buy The current analysis suggests a potential buying opportunity within the pattern. The pair may continue moving upwards from the lower bound of the pattern, likely targeting the upper resistance area formed by the expanding structure. Technical Outlook: Support Zone: The lower boundary of the expanding formation, acting as a dynamic support. Resistance Zone: The upper boundary of the pattern, serving as dynamic resistance. *Key Levels to Watch: The breakout or bounce near these key zones. A break above the upper boundary would confirm a bullish continuation, with momentum favoring more upside potential. Make sure to watch for confirmation signals like volume increase or momentum indicators to validate the entry.
Long
by PIPSFIGHTER
GBPNZD to see a temporary move lower?GBPNZD - 24h expiry The medium term bias remains bullish. We look for a temporary move lower. The sequence for trading is higher highs and lows. Preferred trade is to buy on dips. Bespoke support is located at 2.1230. We look to Buy at 2.1230 (stop at 2.1200) Our profit targets will be 2.1350 and 2.1410 Resistance: 2.1350 / 2.1410 / 2.1470 Support: 2.1230 / 2.1200 / 2.1140 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
#GBPNZD 1DAYGBPNZD Daily Chart Analysis Buy Opportunity: The GBP/NZD currency pair presents a favorable buying opportunity based on recent technical indicators and market analysis. Buy Level: 2.12200 At this level, the pair appears poised for an upward movement. Entry at 2.12200 aligns with current market conditions and sets the stage for potential gains. Target Levels: 1) 2.14000 - Initial target level where the pair may face resistance but could offer a solid short-term profit. 2) 2.16000 - Intermediate target, providing a potential for more substantial gains as the pair continues its upward trajectory. 3) 2.18000 - Long-term target, representing the optimal exit point for maximizing returns based on the current trend analysis. Description: The GBPNZD pair has shown a bullish pattern on the daily chart, suggesting a potential upward trend. After consolidating at the buy level of 2.12200, the pair is expected to advance towards the target levels. The technical indicators support the idea of upward momentum, with strong resistance levels anticipated at 2.14000, 2.16000, and 2.18000. Traders should monitor the pair closely for any signs of reversal or resistance at these target levels. Adjusting stop-loss levels to secure gains as the price moves in the desired direction is recommended. Disclaimer: Ensure to conduct your own analysis or consult with a financial advisor before making trading decisions.
Long
by PIPSFIGHTER
GBP/NZD Bank Money Heist Plan on Bullish SideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GBP/NZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1H timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Long
by Thief_Trader
Buy GBP/NZD Descending TriangleThe GBP/NZD pair on the M30 timeframe presents a potential Buying opportunity due to a recent downward breakout from a well-defined Descending Triangle pattern. This suggests a shift in momentum towards the Upside in the coming Hours. Key Points: Buy Entry: Consider entering a Long position around the current price of 2.1057, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 2.1167 2nd Support – 2.1231 Stop-Loss: To manage risk, place a stop-loss order below 2.0973. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI FOREX TRADING Thank you.
Long
by KABHI_TA_TRADING
16
GBPNZD "the Quid" Bearish Money Heist plan to steal the bankMy Dear Robbers / Traders, This is our master plan to Heist GBPNZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 4h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
1
GBPNZD Analysis: Unveiling Bullish Opportunities with Strategy Hello Traders, The chart above presents a straightforward and revealing analysis for the GBPNZD pair, showcasing two compelling signals of bullish market momentum. Firstly, we observe the distinctive Cup & Handle pattern. The price has successfully surpassed the 161.8% Fibonacci level, now targeting the 200% level, which aligns with the 261.8% extension at 2.2200. Secondly, within the context of an ascending channel, the price has traversed the midpoint, setting its sights on the same 2.2200 target. Considering these indicators, initiating a long position with a target at 2.2200 appears justifiable. At present, there's no evidence of a daily timeframe market reversal. Even in the event of a retracement (as depicted in the red rectangle), which might span two weeks and cover 500 pips, it should be regarded as an opportunity for accumulating more positions. While acknowledging the potential for corrections, it's crucial to approach trading with fragmentation of positions, exercising patience over impulsivity. An initial long position at 1% of capital is prudent, with the option to scale up by 1% for every 100-pip correction total 5%, ensuring careful risk management throughout. Best regards,
Long
by Eymen-GUVEN
2
GBPNZD I Technical forecast and trading plan Welcome back! Let me know your thoughts in the comments! ** GBPNZD 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
6
GBPNZD - Long from bullish order block !!Hello traders! ‼️ This is my perspective on GBPNZD. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 2.15000. Fundamental news: Tomorrow (GMT+3) we will see result of Interest Rate on GBP, news with high impact on currency. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
Trade Alert: SELL Now to 2.12, Then BUY Big to 2.20??This pair has surged over the past few weeks, nearing last year’s high at 2.158 and approaching several key high timeframe (HTF) levels. First, we have the 2020 spike high, which reached the monthly SUPPLY/SELL zone created in June 2016. As shown in the chart below, just above that zone is the 61.8 FIB level from the Brexit decline that began in August 2015. We are likely heading towards these levels soon. However, I anticipate a short-term sell-off towards the 2.12 level first, given the extreme overbought conditions across all lower timeframes, coinciding with last year's high. My strategy is to wait for the next SELL signal on the 2-hour to 6-hour charts using my TRFX indicator, targeting the 2.12 level. I will closely monitor this setup, as the drop may not reach 2.12, and will trail my stop after securing the first 100 pips in profits. As mentioned, this pair is likely heading towards 2.20 or higher in the coming months. Therefore, I plan to buy into the short-term dips to target those higher levels. To confirm this, I want to see a retracement towards 2.12, followed by a bullish signal. Given this pair’s nature, it could easily surge to 2.20, presenting a significant selling opportunity with the potential for substantial profits. Share your thoughts in the comments, and don’t forget to hit the follow button if you like my ideas!
Short
by TheFxAce
8
GBPNZD Technical Analysis anda Trade Idea The GBPNZD has experienced a strong rally on the back of RBNZ data release being fairly dovish today. This has resulted in NZD to weaken somewhat offering a potential buy opportunity. This rally has overextended and I'm looking for an entry point on a pullback down into the 61.8% Fibonacci retracement level. In the video we talk about the trend market structure, price action and I attempt to simplify some ideas to help people who are new to trading understand how the markets work. This analysis is for educational purposes only and not to be construed as financial advice.
Long
by fxtraderanthony
2