NZDGBP trade ideas
GBPNZD Is Going Up! Buy!
Here is our detailed technical review for GBPNZD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2.174.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.200 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GBPNZD Swing trade: WC20/01/2025 GBPNZD Analysis: Waiting for Key Closes
From a swing perspective, GBPNZD is a no-trade for now, with a bias still leaning bullish. The higher timeframes (daily) show a deeper pullback into the previous higher high, indicating we may be in a consolidation phase.
If today's daily close is below 2.17900, we could see a deeper pullback toward the 2.14900 region before a potential buy opportunity. This pullback could offer a solid 5:1 risk/reward if we enter once price begins to form a new higher high.
For confirmation of bullish momentum, we’d need to see a daily close above 2.18783 today. This would signal strong upward momentum and give us a clearer entry for the next leg up.
Patience is key, as we need confirmation before entering buys. Keep an eye on these levels!
GBPNZD Idea for the weekGiven that this pair has been bearish since the start of the year i believe the range was just a pause.
Rectangle is a Daily Candle for 14/01/2025. Since then, we have been trading inside 14/01/2025's High and Low Range.
We have a bearish trendline that has been in play since the start of the year.
Inside 14/01/2025's High and Low Range we have an ascending megaphone pattern, the break of which will trigger sell positions.
GBP_NZD MOVE DOWN AHEAD|SHORT|
✅GBP_NZD is trading in a
Local downtrend and the pair
Made a pullback and a retest
Of the horizontal resistance
Of 2.1900 and is going down
Already so we are bearish
Biased and we will be expecting
A further bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
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.
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!