Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
Please, check our technical outlook for GBPNZD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2.038. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2.023...
Hello,Friends! We are targeting the 90.154 level area with our long trade on NZD/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Reason for Buy: Liquidity grab Break of structure Imbalances in discount Entry: 0.75 level of the Fibonnaci Retracement Take Profit: Taking profit at the last swing high is ofcourse the most logical and safest option. But price could also go and fill the 4H Imbalance.
GBPNZD - Classic bearish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Short GBPNZD Entry - 2.0374 Sl - 2.0441 Tp - 2.0238 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
GBPNZD chart is so clear and says to sell it again. British pound is under pressure and has no momentum to strong again. Trade safe. Good luck.
Hey Traders, In today's trading session, our attention is directed towards potential selling opportunities in GBPNZD around the 2.05800 zone. The currency pair is currently navigating a correction phase within its downtrend, steadily approaching the crucial 2.05800 support and resistance area. As we analyze this market, it is crucial to consider the broader market...
Hello TradingView Family / Fellow Traders, 📈 GBPNZD has been overall bearish , trading inside the falling channel in red and it is currently approaching the upper red trendline. Moreover, the zone 2.055 is a robust supply zone. 🎯 Therefore, the highlighted red circle represents a significant area to consider for potential sell setups , as it marks the...
Price is currently in a 4H William-Certified Range, hovering near the 4H Resistance. Fundamentally, NZDJPY is bearish due to the JPY strengthening. I will mainly be looking for SELL entries the moment price forms a bearish rejection candle at the 4H Resistance
Hello,Friends! Bearish trend on GBP/NZD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 2.017. ✅LIKE AND COMMENT MY IDEAS✅
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Let's see how things play out at this key daily level turned Resistance. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an...
Greetings Traders, As we gear up for the upcoming trading week, our attention turns to NZDUSD, where we are actively monitoring a potential buying opportunity around the 0.61900 zone. The currency pair has been trading within an established uptrend, and its current correction phase is bringing it closer to the trend at the crucial 0.61900 support and resistance...
Hello Traders! This is my idea related to NZDJPY H4. We can see a new Weekly High (WH) and now I expect a retracement until the resistance level, considering this move a good opportunity to execute a short trade. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
The GBPNZD pair has had a strong decline since our last sell call (November 24, see chart below) breaking even below the 1D MA200 (orange trend-line): The price is currently rising after making a Lower Low but not at the bottom of the (blue) Channel Down. For that reason we consider the emergence of a Diverging Channel Down that can break above both the 1D...
Upon analyzing the four-hour time frame, if the price can break the downward trendline, we can predict that the price will move towards the resistance zone at 0.53800. If the price can break out of the support zone, we can anticipate the price to move towards the support zone at 0.51994.
NZDJPY - 24h expiry The trend of lower highs is located at 90.50. We expect a reversal in this move. Risk/Reward would be poor to call a sell from current levels. A move through 89.75 will confirm the bearish momentum. The measured move target is 89.50. We look to Sell at 90.30 (stop at 90.70) Our profit targets will be 89.30 and 89.05 Resistance: 90.30 /...
Hello,Friends! We are going short on the NZD/JPY with the target of 89.587 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅