Market Structure is KING! Hey, if you like this idea be sure to support with a like and a follow. Here is my analysis for GBPNZD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area. What are your thoughts? Leave it in the comments below! Blue Signal FX Rules-Based Trading 1. CHECK THE NEWS! 2....
The NZDJPY currency pair is currently trading in the range close to its long-term ceilings, and good sales can be made with price confirmations. Currently, after breaking the trend line and pulling back to it, as well as the high static level, a suitable bearish structure is being formed.
Hey traders, Here is our forecast on GBPNZD. GBPNZD is trading within a resistance cluster. Based on our technical analysis the market will go lower to the underlined demand zone. ❤️ Please, support our work with like & comment! ❤️
D1 - Price is bouncing lower from a strong resistance zone. Bearish hidden divergence. H4 - Bearish convergence. Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
This is what I'm looking at on my GBPNZD Chart. Let me know thought's and if anyone see's anything different!
Hello,Friends! GBPNZD is bearish right now and I think that market conditions Are right for the move down Therefore, I think it is sensible to go short! Like and subscribe and comment my ideas if you enjoy them!
NZDJPY GOING LONG. It has hit a weekly resistance and long held trendline.
GBPNZD: Will The Price Face Resistance Near 1.9550? GBPNZD: Will The Price Face Resistance Near 1.9550? The price has started to correct as expected a few days ago, the bearish move should be very close. I expected the price to go up a bit more before the next bearish move, but anything can happen. Target and also support areas 1.9200 and 1.8850 Targets: 🎯...
Pair NZDJPY entered the resistance zone, and now we could expect a new pullback to lower support levels. Additional bearish confirmation should be a break below the support line. The target is the 38.2%-61.8% Fibonacci zone
I really like this setup here. I started a leg a few moments ago. Price could go a bit lower but the narrative stays the same. Price did not break lower than the start of wave 1 yet. It usually retraces 61% from what I've seen. If price doesn't break the recent low, we could be headed for a wave 3 extension. Not sure if the full impulse wave will play out....
Hello Traders!!! We have been patiently waiting on Nzdjpy for the past weeks to show us a clear bearish impulse to the downside arising from the the previous change of character from the daily timeframe. Also we have seen proce come into the daily supply zone and we have streamlined that zone to get a clearer selling point for this pair.. So bearish it is for us...
Nice shorts on GBPNZD - 123 lower high to the bottom!
Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go. . GBPNZD Multi-timeframe analysis Daily view (structural timeframe) : Currently in downtrend making lower low. 4 hour (behavioural timeframe) : it has given breakout of trendline. 1 hour (entry...
NZDUSD - 22h expiry - We look to Buy at 0.5850 (stop at 0.5779) Previous support located at 0.5850. Previous resistance located at 0.5950. Further upside is expected although we prefer to set longs at our bespoke support levels at 0.5850, resulting in improved risk/reward. A move through 0.5950 will confirm the bullish momentum. Our profit targets will be...
Short on GBPNZD after price broke out of that resistance zone.
Hello Traders. We have a down trend line and the price broke the support zone then made a retest with a shooting star candle on the support and the trend line so because of that we have a high probability that the price will go down in the next few days.
NZD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Over the past 12 months the NZD has been a tricky currency to pin down. Fundamentals that should have provided support haven’t, and the country’s lower terms of trade has made it the biggest loser among the high betas in the cyclical environment. However, over the last few weeks the NZD’s price action has been a...
Hello, everybody and welcome to Cybernetics Trading Lab, today we are going to analyse the GBPNZD, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities. Top Down Technical Analysis: At the...