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Gbpnzdsignal

GBPNZD short idea, wait for breakout!!Plan : trendline breakdown --> wait for price to bounce off from key resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
5
Potential Retrace | GBPNZDRecap on last weeks Analysis... - Reversal candle closed on Daily as expected - NEXT... We look to SELL on next LH or HH (100% retrace) on 4HR - As long as our MAJOR RESISTANCE doesn't break, we look for retrace>>(LH's)<< to SELL - Anything can change, but we have to keep in mind the Market will always repeat itself as it may respect the trendline Disclaimer: ***This is not a signal, just an Analysis to share my view on the market.If this if helpful to you, please comment***
by A1access
GBPNZD on final phase!! Plan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBPNZD long trade update on H5Note : on my previous analysis (link attached below!) the price failed to breakdown the trendline support, here's the next plan Plan : key level resistance breakout --> wait for prices to bounce off key level support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBPNZD in a consolidation phasePlan : structure / trendline breakdown --> wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
8
GBPNZD short trade on H3, the rising wedge pattern has formed!Plan : wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
GBPNZD: POTENTIAL BUY OPPORTUNITYFollowing up on the weekly analysis I posted earlier, GBPNZD has broken the daily corrective structure channel, and it's retesting it. The break out is an impulsive move followed by a corrective structure that seems to be unfolding as a zigzag. The correction in wave (ii) of C has retraced 61.8 - 78.6% of wave (i), and it's within a deep Fibonacci extension zone "blue area." Price is expected to resume higher from or near the current market price.
Long
by Veejahbee
3
GBPNZD MARKET STRUCTURE + ELLIOT WAVE SUGGESTING A SELL-OFFThe market structure of GBPNZD shows how the price breakout of major ascending trendline and support zone. Price is currently retesting the broken levels that lined up with a descending trendline. Price has the potential to decline from or near the current market price. Elliot wave also shows a series of 1-2, (i)-(ii) sequence which could mean a rapid sell-off should be expected. What's your thought on GBPNZD? Best of luck on the chart! Veejahbee.
Short
by Veejahbee