DeGRAM | GBPNZD potential shorting opportunityGBPNZD broke and closed below the consolidation zone, then pulled back to resistance. Price action created to short the market.
The market has tested the this level multiple times, and there is a high chance that level will act as strong resistance.
We expect price action to make pullback down and complete AB=CD pattern.
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Gbpnzdsignal
I see buys on GbpnzdWe had price break a major level making a new high. With the new high made this is called our indication. Which means that with the right momentum we can expect price to come back to that high after a correction. Due to price being on a uptrend which means no lows have been broken we can anticipate that price is bullish.
GBPNZD POTENTIAL LONG FORMATION IN PROGRESS (BULLISH CHANNEL)When we look at the pair there are more bullish signs and bearish signs hence we are only looking for buying opportunities.
We have listed the reasons for our bullish basis below:
1: Higher times frames show a strong bullish trend.
2: Lower bullish channel test and potential bounce.
3: Up-trendline test and bounce.
4: Pair us making new highs which signal a bullish trend.
Nothing in the markets is ever perfect and this includes pattern formations. It's not every often we see textbook-style patterns. As long as risk is managed, if we happen to get stopped, we move to the next trading setup.
GBPNZD SELLHi, according to my analysis of the GBPNZD pair. There is a high probability of falling. With the bullish channel flag broken. The price is trying to retest the resistance area 1.01350. Although this area is the 61% Fibonacci retracement of the golden ratio. I wish you success in this transaction .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
DeGRAM | GBPNZD market overbought and decelerationGBPNZD broke out of the ascending channel and moved higher to the resistance level.
There's a nice confluence zone to short at the resistance level and a bearish harmonic pattern.
We expect a false breakout of the previous high and a move down.
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Potential Sell Opportunity - GBP/NZDI will be considering a sell when the 1HR closes. The market must trade through the current 1HR Low for a validated entry. The market is reacting beautifully to the 2.01000 level with rejection. Also the 20EMA/50MA are in a confirmed downtrend. I will be taking this trade into new lows as a target.
DeGRAM | GBPNZD trend continuation opportunityGBPNZD is moving in the ascending channel and making higher highs.
The market broke and closed above strong resistance that became support.
Following a bullish move, if price pulls back to the kill zone and fibo cluster, we expect a retest of the resistance level .
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GBPNZD : Short Trade ,4hHello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price is moving in an ascending channel and has reached a strong resistance level as well as the ceiling of the ascending channel. We expect this level to stop the upward trend of the price and cause the price to fall. Until the targets are determined. Good luck.
GBPNZD sell Entry : 2.03140
Stop : 2.05480 , Target1 : 2.00780 , Target2 : 1.98450
Risk/Reward Ratio : 2
DeGRAM | GBPNZD triangle breakoutGBPNZD broke and closed below the consolidation zone, then retested it. Price action printed a bearish tweezer top candlestick formation.
The market has tested the support level multiple times before, and there is a high chance that level is going to be broken.
We expect breakout of the support.
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GBP-USDHELLO !!!!!!!!!!! A great great wave counter can save you! The last correction wave 2 and the beginning of the big wave 3... Go read a book and don't let anyone make you a fool...
Everything goes with the program and even those who have million dollar accounts cannot make any changes in it :))) good LUCK
DeGRAM | GBPNZD false breakoutGBPNZD broke and closed below the resistance level at 1.96600 and pulled back to the consolidation zone.
The market created a false breakout of the resistance level. There's a nice confluence zone to short at the resistance level .
We expect a pullback from the resistance if price makes another false breakout of the resistance.
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GBPNZD SELLHello trader last analysis for the Day so let’s Set Our Eyes on GBPNZD We are Currently taking A sell based on we are Currently on a Support and Resistance Level price failed to break our Resistance zone and also we end up having A trend line breakout and a Successfully retest back to trend, so to keep everything as Educationally as possible When trading technically we understand that use of S&R support and Resistance failed to break Our R zone We expect price to fall back to our support. We Sell immediately the market open, remember proper risk management. Drop your comments on What you think about this trade thank you.
DeGRAM | GBPNZD structure based tradeGBPNZD broke out of the ascending channel and moved higher to the resistance level .
The market overall is moving sideways. There's a nice confluence zone to short at the resistance level and bearish harmonic pattern.
We expect a structure based trade.
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GBPUSD: Trade within this range
Currently, the market is still fluctuating within the support range, and overall it remains somewhat weak. However, there has been a significant decline recently, and regardless of the variety, it is almost certain that there will be a rebound after a major drop, with the difference being the size of the rebound.
Therefore, the current trading strategy is to go long at low levels and short at high levels.
Specific recommendations:
Buy in the 180-183 range and take profit at 1.192-1.196.
Short above 1.196 and take profit near 1.184.
GBPNZD - Bat Pattern OpportunityIf GBPNZD goes up from here it will likely trigger my bearish bat pattern limit order (see previous idea). However, if it falls from here it will trigger my bullish bat pattern limit order.
My back testing shows that these patterns are highly profitable on this pair. I enter with a limit order at the 88.6 retracement and take TP1 at the 38.2 retracement and TP2 at the 61.8 retracement.
If price moves against me I trail my take profit levels accordingly.