Trade idea - GBPNZD Short4H Bearish impulse / Break of last HL: indication. Head & Shoulders pattern: confirmation. Clear support & resistance zone is there. 1H POV Corrective approach towards entry zone. -68 Fibonacci completion aligning with entry zone. = Sell limit. Shortby FXKjellUpdated 3
GBPNZD: DT Curve Analysis📉 As we analyze the GBPNZD, we observe a pivot high at 2.1587 and a pivot low at 2.00. If this downtrend curve analysis plays out, there may be an opportunity to sell at the significant resistance level of 2.146. 📊 Following that, we will encounter our first support level around 2.1, with the next support level at 2.08, which falls in the middle of the pivot range. It's important to note that there will likely be a lot of consolidation in this area. 📈 If the price closes below the mid-pivot, the downtrend is expected to continue. Conversely, a turnaround to the upside could occur at the major support level of approximately 2.0235. 🙏 Let's remain optimistic and hope for favor as we navigate the market.Shortby ProfessorCEWardUpdated 5
GBPNZD Simple Trade Plans PRE New Zealand InflationA rampant GBP Post UK Elections and a dovish stance coming out the RBNZ have provided us with a significant rally to start to look short on (Carefully). If CPI comes in higher, we may see a reversal of the latest NZD sentiment, ultimately dropping GBPNZD (not a given). Short side bias comes at local highs, extreme push. Likely to weaken.Short03:42by WillSebastianUpdated 2
GBPNZD - Sell Stop- Trend is changing to Bearish - Bearish Divergence - Entry if LL is brokenShortby rehmanrafiquePublished 3
GBPNZD Bearish SentimentThe price has been strongly bullish for some time now and didn't pullback for correction yet. The price has met few resistances on higher timeframes D and 4h (horizonal and non horizontal) and broke the lower high on lower timeframes (15 and 30min). Additionally MACD showed divergence which added confluence to this idea.Shortby rodraderPublished 1
Do I have your attention yet?You either hear me or you don't. Don't under estimate the power of a 16 year veteran. Shortby Michael_HardingPublished 664
BULLISH GBPNZDWith the beautiful break out of a daily demand zone along with a nice 1 HR candle breakout and retest of the demand zone, I'm Bullish biased concerning this pair. 1:3 Risk Reward as usual Traders please make sure you use proper risk management and lot sizes that equal your SL risk percentage per trade!! Good luck And YAH bless you all Thank you please like boost and follow for more trade setups and ideas I have in the market!Longby ParlayProfitsFXUpdated 5
GBPNZD - Potential Perfect StormTaking a look at RSI on the 1 hour timeframe, it's obvious we are getting some bearish divergence after a strong week long rally. This strong bullish price action was attributed to the RBNZ interest rate decesion last week where interest rates were left unchanges at 5.50% However, later today we get the latest CPI data from New Zealand followed by UK's CPI data a few hours later. Could this be a potential perfect storm where New Zealand will show a surprise to the upside followed by a surprise to the downside with the UK? If that happens, I would expect this ascending support trendline to break opening the doors for a reversal. Time will tell but early clues are beginning to develop on the 1 hour timeframe with RSI. That's it - That's all Trade Safe. Shortby Michael_HardingPublished 5
Sh ort on gbpnzdentry 1:2.1435entry entry 2:2.14807 TP1:2.12131 TP2:2.10324 SL;2.16864 GOOD LUCKShortby behdaddivsalarPublished 444
GBNZD I Potential short from top of channel Welcome back! Let me know your thoughts in the comments! ** GBPNZD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!Short03:26by BKTradingAcademyPublished 4
GBPNZD: Overbought Market & Pullback 🇬🇧🇳🇿 I think that we may see a pullback on GBPNZD. The price reached a key daily structure resistance and looks quite overbought on an hourly time frame. As a confirmation, I see 2 bearish breakouts on an hourly time frame. A violation of a support line of a rising parallel channel and a violation of a neckline of a double top pattern. The price may retrace to 2.133 level. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTraderPublished 118
GBP/NZD Will Drop Soon Check The Analysisthe price is standing at a strong resistance we can enter a sell trade especially that we have a really good bearish price action Shortby Forex_Wealth_FactoryPublished 4
Short Opportunity on GBPNZDAccording to Résistance Level Fibo Retracement CCI Divergence Shortby winerstepPublished 3
GBPNZD Swing ShortEntry: 1.13185 TP1: 2.086 TP2: 2.062 SL: 1.165 Price is well overbought on daily timeframe, approaching major resistance level.Shortby CJBlueNortherPublished 2
GBPNZD - The Correction Is ImminentGBPNZD has shown an impressive rally in recent weeks. Bearish divergences are now all too obvious, and retailer sentiment is also very bullish - a combination that warns bulls to be cautious. We are trying to position ourselves in the market with a short and benefit from a very attractive RRR of around 2.6:1.Shortby OchlokratUpdated 2
GBP/NZD Updated Trading Plans For Next WeekGBP strength following UK elections has brought us to new Tech areas. GBP/NZD particularly is showing that strong momentum may carry us nearer long term short areas in trend. Here's the case for either Long/Shorts.03:30by WillSebastianUpdated 0
GBPNZD Simple Trade Plans Into Next Week.Short side impetus feeding into the NZD couple with long side bias post July 4 Elections. Continuous rallies take us to former short levels PRE UK data upcoming this week. Harsh momentum going into local short rejection highs may warrant more careful sizing. Awaiting reactions into Mon for further entries. Potential areas above remain on continued sentiment bias taking price higher.by WillSebastianPublished 2
GBPNZD Trading Opportunity! SELL! My dear followers, I analysed this chart on GBPNZD and concluded the following: The market is trading on 2.0774 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 2.0726 Safe Stop Loss - 2.0808 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Shortby AnabelSignalsUpdated 112
GBPNZD Countertrend ideaDaily overbought rsi forming top of channel liquidity to be swept to left sell to bottom of channelShortby Mdsman5Published 447
gbpnzd longsReasons for entry: It's good to have at least 2 but I have found 3. It is important to trade in discount or premium pd arrays for buying or selling, respectively. 1: htf pd array, daily fvg fill 2: EQ 3: CisdLongby semp223Updated 225
GBP/NZD - Short (Limit Order)The GBPNZD pair has seen some interesting movement lately. It has been trading in range since mid-June. Hoping to see a move to the bottom of the range. I have a limit order set as follows: Entry: 2.07844 Profit: 2.06338 Stop: 2.08204 1:4 trade targeting 150 pips. Shortby xrpbilbsUpdated 3
GBPNZD Technical Analysis anda Trade Idea The GBPNZD has experienced a strong rally on the back of RBNZ data release being fairly dovish today. This has resulted in NZD to weaken somewhat offering a potential buy opportunity. This rally has overextended and I'm looking for an entry point on a pullback down into the 61.8% Fibonacci retracement level. In the video we talk about the trend market structure, price action and I attempt to simplify some ideas to help people who are new to trading understand how the markets work. This analysis is for educational purposes only and not to be construed as financial advice.Long13:37by tradingwithanthonyPublished 225