In this update we review the recent price action in GBPNZD and identify the next high probability trading opportunities
Prices are on bullish momentum and consolidating in a wedge pattern. We see the potential for a buy entry at 0.67845 in line with 50% Fibonacci retracement towards our Take Profit at 0.68585 in line with 127.2% Fibonacci extension and 100% Fibonacci extension. RSI is at levels where bounces previously happened. Any opinions, news, research, analyses, prices,...
Why get subbed to to me on Tradingview? -TOP author on TradingView -15+ years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks -24/7 uptime so constant updates GBPNZD D2: BUY/HOLD TP BULLS +400/+600 pips...
AUDNZD Entry at 1.06406 and Take Profit at 1.06546
H2 time frame. Structure: Uptrend is broken at Key level 0.67900. Price has now retested the 50% Fibonacci retracement of the key level breakout move. Wait for a sell signal to appear, then you can look for a selling opportunity. Profit target is 0.67000 price...
GPNZD formed an inverted H&S, I already entered before making this analysis, but hopefully there will be another entry opportunity, because the stochastic momentum is already above 80, maybe the momentum can still go down a little and then continue to rise. This analysis is also supported by the fundamental strength of GBP itself which has raised interest rates,...
NZD/USD pointedly pushed below congestion area support anchored at 0.6798, seemingly confirming a downside break on a daily closing basis. A subsequent retest of this barrier as resistance seems to be struggling for momentum, bolstering the argument for bearish follow-through. A relatively minor layer of initial support lines at up 0.6737, followed by the 2021...
✅GBP_NZD is trading in an uptrend now And the pair broke the key structure level Which is now a support, and after the pullback And the retest, I think the price will go up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-NZD is trading in an uptrend And the pair broke one more key level recently However, there is a massive horizontal resistance level ahead From where I would be expecting a pullback and a bearish correction Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello everyone, if you like the idea, do not forget to support with a like and follow. GBPNZD is sitting around strong resistance so we will be looking for sell setups. on H4: GBPNZD is forming a trendline in red , so we are waiting for a new swing low to form around it to consider it our trigger swing. (projection in purple) Trigger => Waiting for that...
On the 4hr chart, the NZD/USD seems to have resumed its downtrend, the confirmation has been triggered when the price moved below the 0.8640 support level (psychology zone), due to the rapid dip that occurred based on the market sentiments ahead of today’s data releases. The previous correction was at the 23.6% fib reversal level, which looks good for the bears,...
EURNZD - Intraday - We look to Sell a break of 1.6627 (stop at 1.6656) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A higher correction is expected. Trend line support is located at 1.6640. A break of yesterdays low would confirm bearish momentum. Our profit targets will be 1.6541 and 1.6521...
its important area and i this cant break that .... wait fore break corect trend and give sell
We are waiting for a confluence of two factors where the S/R zone breaks around the location of the current trend line. Our limit order is set at 0.62499 This whole idea is supported by the M pattern, where there is a price return to the Neck line. M pattenr is seen in a higher time frame (W1), which gives us an even greater probability of success. Happy...
Welcome to Volume Profile World And Liquidity Analysis. ------ Pair Name : NZD/JPY Time Frame : 4hrs / Daily / Weekly Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map ------ ➕ Key Technical / Long Side's - After Break Type : Mid Term Swing ——————————— ✔️( Reasons ) ———— Bullish Break 78.900 Area Reasons - Major...
Looking at a first push down on the NZDUSD yesterday. Price has now entered an accumulation phase and my preference is for price to breakout to the upside to collect more orders and clear imbalance before another move down.
Buy #GBPNZD Plan First Entry was at 1.9833 Second Entry is pending order at 1.9812 Stop is at 1.9783 Target is at 1.9873 I have 5 reasons to buy GBPNZD for a daytrade. 1. Currency Strength Meter GBP is strong NZD is Week 2. Trendline Support 3. Support Zone Intraday 4. Market Profile from yesterday 5. Bullish Divergence Signal The Rules: If second...
Analysis on # GBPCHF The market may soon come to test a strong resistance zone where it dropped over 400pips. I will be watching the market if it comes to testing my resistance zone where it will complete the following: ABCD bearish harmonic pattern Bearish harmonic pattern, and Strong resistance number 1.2500 sharp Like and comment will be highly...