Gbpnzd I called out this trade after we saw that the market was on a down trend so after the market reverse back we took a sell and its going really well
GBPNZD.P trade ideas
GBP NZD Buy SignalOn the daily timeframe, the price is in an uptrend but has recently started creating lower highs and lower lows. However, it failed to break the lowest low, forming a large wicked candle at 2.06806, indicating a possible demand zone and leading to consolidation.
I am waiting for the price to break the most recent high and then retest that level to confirm my entry at 2.08941.
The stop loss will be set at the most recent low 2.07450 & Take Profit at 2.12414
GBPNZD 1H Long Trade - 1:6 RRRPair: GBPNZD
Action: Buy
RRR: 1:6
SL: 2.06221
TP: 2.09800
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
GBPNZD 1H Long Trade - 1:6 RRRPair: GBPNZD
Action: Buy
RRR: 1:6
SL: 2.06221
TP: 2.09800
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
[GBPNZD] Long position swingOn this forex pair, we have a new long opportunity for a swing position.
The drawn level will be hard to break so first TP to take and then to the final one.
Great trade !
gbpnzd buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPNZD: Important Structure Breakout 🇬🇧🇳🇿
GBPNZD broke and closed below a key horizontal daily support.
The broken structure and a trend line compose the contracting
supply zone now.
I think that the market may drop lower soon.
Next support - 2.055
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GBPNZD- Bullish Divergence
- Butterfly Harmonic pattern formation expected
- Entry is B point is broken
Gbpnzd Gbpnzd is on a down trend lh and lower lows so de market have a nice 4hrs rejection so we expect de market to drop more
GBPNZD Bearish Breakout!GBP-NZD was trading along
The rising support line
But now we are seeing
A bearish breakout
So I think that after the
Bullish correction, we will
See a further move down !
GBP/NZD For Bearishyou can go short now and take any target
- General Trend is Down
- Broken Support Area
have fun :)
GBPNZD - Bearish on 1 hr & 30 minGBPNZD has been in Bearish Trend on Higher Time frames but now on the Lower Time frames like 1 hour or 30 mins its printing LHs & LLs which makes it a good bearish trade.
entry analysis in GBPNZDthese scenarios I expect with confirmation but I would like it to go down first and look for purchases since the structure is bullish
GBPNZD is BullishBullish RSI divergence appeared on 1H time frame, after which the price broke previous lower high and printed a new higher high. Currently price is printing a higher low, after which bulls will take control and move price to new highs. Targets are mentioned on the chart.
GBPNZDThis Weekly FORECAST
Opportunity for GBPNZD. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Idea for GBP/NZDMarket is consolidating between it's range & market also respected it's trendline support multiple times. If the market is able to close the candle below it's support level 2.06685 then I'll be short on GBP/NZD. Then, my next targets are 2.03899 and my TP2 will be 2.00902.
GBPNZD Is Going Up! Buy!
Take a look at our analysis for GBPNZD.
Time Frame: 10h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2.074.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.082 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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GBPNZDLooking for a buy trade in GN.
Reason to buy:
Forming W pattern, same time, making inverted Head and Shoulder pattern in 1H chart.
Use proper risk management.
Thank you
Could GBP/NZD bounce from here?Price is falling towards a support level which is a pullback support that lines up with the 100% Fibonacci projection and could potentially bounce from this level to our take profit.
Entry: 2.06739
Why we like it:
There is a pullback support level which lines up with the 100% Fibonacci projection.
Stop loss: 2.06069
Why we like it:
There is a pullback support level which aligns with the 127.2% Fibonacci extension.
Take profit: 2.07731
Why we like it:
There is an overlap resistance level.
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GBP-NZD Bullish Bias! Buy!
Hello,Traders!
GBP-NZD is going down
But a strong horizontal
Support of 2.067 is ahead
So after the retest we
Will be expecting a
Local bullish rebound
Buy!
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