GBPNZD trade ideas
2nd attempt to short GBPNZD .. the week of 09 Sep 2024My 1st attempt had failed, perhaps partly due to incorrect identification of support/resistance.
Entry - approx. 2.1200 (deliberately late to be under the 20sma on H4 time frame)
Stop - above the recent high at 2.1330
1st target - 2.0900
Possible potential to take this down to 2.0600 region
(The outcome of this trade really depends heavily on the 2.1250 area holding as resistance).
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
GBP/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP-NZD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 2.125 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/NZD pair.
✅LIKE AND COMMENT MY IDEAS✅
GBPNZD - BuyWe have GBP news on this morning. Volatility is waiting to happen.
MY BIAS:
Based on order flow, price created a new order flow leg @ 2.12563 creating new FVGs telling us that it will create more expansions to taking out the swing high @ 2.13573. FVGs are being respected.
We wait and allow price do its thing!
We buying guys!
GBP_NZD BEARISH BIAS|SHORT|
✅GBP_NZD price grew again to retest the resistance of 2.1356
But it is a strong key level
So I think that there is a high chance
That we will see a bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
GBP NZDTHIS IS MY SETUP FOR GBP NZD
I use Fibonacci to get these extreme points and my preferred one is 80% retracement, with a risk-reward of 1:4.
Trade carefully
This is not financial advice, DYOR.
GBPNZD: Bearish Continuation & Short Signal
GBPNZD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPNZD
Entry Level - 2.1293
Sl - 1.1356
Tp - 1.1167
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBP/NZD Made Double Bottom , Are You Ready To Go Up With It ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPNZDCurrently on GBPNZD during the first week of September on the weekly timeframe price took out the previous week high and closed below it, now price took out this newly registered high making high of the month before distributing down below the true month open also taking out the previous weekly low and the external range liquidity.
GBP/NZD Bullish Continuation Expected After Brief CorrectionGBP/NZD is expected to rise towards the 2.13468 level. After a recent bearish phase, the pair started a bullish movement last week from 2.1000. However, before continuing its upward trend, a minor bearish correction is likely. I anticipate the pair will recover from this correction and continue its bullish momentum, reaching the expected level.
GBP/NZD Fully Closed +250 Pips 0 Drawdown , New Entry Valid !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBP/NZD Bank Money Heist Plan on Bullish SideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist GBP/NZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1H timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Trade Alert Don’t Miss This High-Probability Short SetupGBP/NZD has a bullish weekly setup, a bearish daily, and a bearish 4-hour structure. It’s crucial to wait for a pullback to the weekly/daily area of interest (AOI) and see if it gets rejected again, potentially forming a lower high (LH) on the daily and H4 timeframes. Once the price reaches the AOI, it's important to monitor the internal structure on the H4 chart, as it may be forming a bullish internal structure, which could indicate a continuation to the upside. This is a key factor to consider, as the price might continue to rise. Additionally, it's essential to wait for a clear entry signal to take the short position. For potential take profit levels, the first target should be the lower low (LL) on the daily chart. If the price does not reject this zone, we could extend the take profit to the weekly structure point.
GBPNZDCurrently on GBPNZD during the first week of September on the weekly timeframe price took out the previous week high and closed below it, now during the upcoming week I'm expecting price to take out this newly registered high making high of the month then distributing down below the true month open also taking out the previous weekly low and the external range liquidity.
Gbpnzd Gbpnzd is on q down trend but we had price push up to the zone so am expecting price to come down the I will sell
GBPNZD SELL TF H1 TP = 2.1014On the H1 chart the trend started on Sep. 5 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 2.1014
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelievelnTrading
gbpnzd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
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 next move(expecting bearish move)(mid term)(06-09-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for the mid term (06-09-2024)
Current price- 2.11500
"if Price stays below 2.12000, then next target is 2.10800 and 2.10000 and above that 2.12500.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk more than 1% of principal to follow any position.
Support us by liking and sharing the post.
GBPNZD Bearish DivergenceThe market has responded to a bearish divergence on the 1H chart, leading GBPNZD to pull back from a key resistance zone. After reaching the strong resistance level of 2.12700, the market formed a daily long-tailed bar, signaling a rejection of that level. Given the overall bearish trend and the appearance of a large bearish candle, the market is likely to continue pulling back toward support levels. It may drop further from the resistance zone and potentially break out of the upward channel as it aims to test those support areas. The target is the support level around 2.10500
Lingrid | GBPNZD: bearish DIVERGENCE the RESISTANCE zoneThe price perfectly fulfills my last idea. It hit the target. The market has reacted to a bearish divergence on the 1H chart, causing OANDA:GBPNZD to bounce off a significant resistance zone. Having reached a strong resistance level, the market created a daily long-tailed bar before pulling back, which indicates rejection of that level at 2.12700. Given the overall bearish trend and the formation of a large bearish candle, it is likely that the market will pull back toward support levels. I expect the market to move down from the resistance zone, potentially breaking out of the upward channel as it seeks to test those support levels. My goal is a support level of around 2.10500
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
