5# Swing Trade Idea2025 The formation of a double top pattern is a indication of market structure shift (MSS) towards the down side . The break below the neckline and retest of the area of interest (AOI) has played out as we anticipated. Now we wait for out entry model to appear to open a short position.
NZDGBP trade ideas
GBPNZD SELL TRADE IDEA 02 (BREAK-RETEST)ICMARKETS:GBPNZD
Trade Type: Sell (Short Position)
Sell Entry (Market Execution): Below 2.1750 (Break & Retest Confirmation).
Stop-Loss (SL): 2.1825 (Above Structure & Fake-outs).
Take Profit 1 (TP1): 2.1650 (First Key Support).
Take Profit 2 (TP2): 2.1600 (Next Major Support).
Take Profit 3 (TP3): 2.1550 (Final Swing Target).
Risk-to-Reward Ratio (R:R): 1:3+ (Good Institutional Setup).
Bearish Confidence Level: 🔥 85-90% (Break & Retest Validation).
POSSIBLE SELL BIAS ON GBPNZD GBPNZD is on down trend on 4hr time frame . it has bounced on the third touch of the trend line and has given a bearish engulfing candle on both 4hr and 1hr time frame .it broke support and retested it and is about to continue the bearish move. Also made the retest on 0.6 fibonacci retracement level. Confluences :1 support turned to resistance .2 third touch of 4hr trend line .3 bearish engulphing candle confirmed on both 4hr and 1hr time frame .4 retessted on o.6 fib level.
GBP/NZD BEARS ARE STRONG HERE|SHORT
Hello, Friends!
GBP/NZD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 2.168.
✅LIKE AND COMMENT MY IDEAS✅
GBPNZD What Next? BUY!
My dear followers,
I analysed this chart on GBPNZD and concluded the following:
The market is trading on 2.1777 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.1956
Safe Stop Loss - 2.1676
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
GBPNZD: Potential 400-Pip Bearish Reversal SetupGBPNZD is showing signs of a potential bearish reversal, with a possible move of 300-400 pips. While the bulls remain in control for now, a strong bearish engulfing candle has formed on higher timeframes, such as the 8H and 10H charts. This indicates the possibility of price reversing and re-entering the previous trading range. If confirmed, this setup could present a 400-pip sell opportunity.
GBPNZD SHORTS MOREGBPNZD have been bearish for a while and I am looking forward to continue with the trend. I expect a third touch to the top trendline or a double top formation as an override depending on how reacts on the zone. The third touch will be more preferable for me, with 2.17015 as first target and 2.14440 as the second target.
Bearish drop?GBP/NZD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2.1897
Why we like it:
There is an overlap resistance level that lines up with the 38.2% Fibonacci retracement.
Stop loss: 2.2076
Why we like it:
There is an overlap resistance level that is slightly above the 50% Fibonacci retracement.
Take profit: 2.1671
Why we like it:
There is an overlap support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal off overlap resistance?GBP/NZD is rising towards the resistance level which is an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 2.1897
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 2.1966
Why we like it:
There is a pullback resistance level that lines up with the 38.2% Fibonacci retracement.
Take profit: 2.1671
Why we like it:
There is an overlap support level that lines up with the 127.2% Fibonacci extension.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPNZD: Bullish Continuation & Long Signal
GBPNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPNZD
Entry Point - 2.1733
Stop Loss - 2.1605
Take Profit - 2.1972
Our Risk - 1%
Start protection of your profits from lower levels
❤️ Please, support our work with like & comment! ❤️
GBPNZD MARKET ANALYSIS AND PRICE PREDICTIONGBPZND, has started consolidating at the institutional renegotiation zone at the Breaker Block. After This consolidation , am persuaded that decision will be taken in favor of the Bulls, Price will create a double bottom pattern ( "W" structure) and will break this structure with a FVG. Price will head back to the renegotiation Resistance to sweep off the Buyside Liquidity. Watch out for this structure for a perfect entry.
Entry, Take Profit and stop loss are well stated on the Chat.
GOOD LUCK GUYS!
GBPNZD Swing trade idea WC 13/02/2025GBPNZD is currently hovering around the 61.8% Fibonacci retracement level on the daily timeframe, which also aligns with the previous higher high.
This area is a key zone of interest, as it may signal a potential buying opportunity targeting the next swing high around 2.28860. However, it’s important to monitor price action closely near the 2.23406 level, as there’s a possibility of forming a triple top at that zone, which could lead to a pullback before continuing higher.
Traders should be cautious and look for strong rejection or confirmation signals before entering positions, as this area could dictate the next significant move in the pair.
GBPNZD BULLISH BATHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
GBP/NZD Approaching Key Demand Zone – Long Opportunity Ahead?Fundamental Analysis
The British Pound (GBP) remains supported amid hawkish sentiment surrounding the Bank of England's monetary policy, while the New Zealand Dollar (NZD) faces pressure from subdued commodity demand and a cautious Reserve Bank of New Zealand stance. With key upcoming events such as UK GDP data and New Zealand’s trade balance, market volatility could rise, but GBP's current resilience provides a bullish bias.
Technical Analysis
GBP/NZD is approaching a strong demand zone near 2.185, which aligns with the 0.618 Fibonacci retracement level. Here are the conditions for the trade setup:
- Entry: Look for buying pressure and bullish candlestick confirmation around the 2.185 demand zone. Avoid entering blindly when price first reaches this level.
- Stop Loss (SL): Place the SL below the demand zone at approximately 2.165 to account for potential false breakouts.
- Take Profit (TP): Target the 2.2440 resistance zone as the first profit level, with a potential extension toward 2.2760 if momentum continues.
- Risk Management: Ensure proper position sizing, risking no more than 1-2% of your trading account on this setup.
Don’t miss the updates on this trade! If you follow me, you’ll get notified when I enter, my take-profit levels, and any adjustments to the setup as the market evolves. I also share tips to improve your trading strategy and manage risk effectively. Hit that follow button! :-)