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Gbpnzdlong

GBP/NZD BUY 📈👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have Signal for BUY: - Price get out of Asian session. - We have signal for BUY from zone to zone. - We get involve in this trade. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Long
by TBFinan
GBPNZD, 4hr tf, buy above the kumo cloudHello my friends, Yesterday i take a buy position on GBPAUD and it is has already hit TP1. I already take partial profit on it and set remaining position on breakeven for a risk free position. For today i am taking another buy position with GBP cross pairs. This time is GBPNZD. Noticed that price above the green kumo cloud on 4hr tf and parabolic SAR below the price. So we will only look to buy as the pair are bullish on 4hr timeframe. At 1.9570 there is some support that could hold price from going further down. There is a horizontal support and notice it is also the 61.8 fibonacci retracement of recent upward swing. Buy GBPNZD 1.9570 Stop loss 1.9490 Take profit 1 at 1.9650 Take profit 2 at 1.9730 RR Ratio is 1 : 2 Use only 1-2% risk Good luck
Long
by HayatoDragonFX
GBPNZD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
GBP/NZD BUY 📈👋 Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE have Signal for BUY: - Price get out off the triangle. - MACD give us signal for BUY. - We get involve in this trade. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Long
by TBFinan
2
GBPNZD Sets To Complete Bullish Zigzag PatternSupport this analysis with your likes and comments! GBPNZD 4-hourly chart above reveals what can be seen as a five-wave impulse pattern, labeled (1)-(2)-(3)-(4)-(5). According to the EW theory, impulses show the direction of the larger trend and a three-wave correction follows every impulse pattern. In GBPNZD's case, the correction unfolded a (w)-(x)-(y) double zigzag pattern. The pullback seems to have completed as it rejected a swing level, contained with a channel, and drop bullish price action signals. According to Elliot Wave's theory, once a 5-3 (impulse-corrective) cycle is completed , the market should resume in the direction of the impulse which is bullish in GBPNZD case. The break of the green line will confirm that the bulls have takeover. The red line is the invalidation level for this setup. Targets above wave "a" high is plausible in the days ahead. What's your view on GBPNZD? Let me know in the comment! Thanks, Veejahbee.
Long
by Veejahbee
3
GBPNZD Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of GBPNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 41 - 05 Oct M > Market is moving in a rising channel. Price reached support of trend line and also monthly support and faced rejection. W > Price is now testing weekly resistance level. D > Price created a W formation and with dragonfly candle price dropped to test the neck and complete formation. Price should now continue with its upward move. Daily chart suggests us three bullish targets, next two supply zones and finally the resistance zone. As per COT GBP saw closure of Long and addition of major short positions bringing net position to -ve, whereas N-R saw closure of both Long and Short, Commercials saw addition of Long and closure of Short. BXY was weak for the said week but it improved its position last week. NZD saw addition of few Long and more Short reducing net positions, confirming weakness of NZD for the said week. ZXY improved its position last week. 4H > Though price has not broken last HH but it has definitely started moving up after testing the neck of W formation and this gives us start of bullish trend. Pair Correlation: GBPNZD has positive correlation with GBPAUD, GBPJPY, GBPCAD and GBPCHF and negative correlation with EURGBP, NZDCHF and NZDCAD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section you can share your view and ask questions. Thank You AP17FX
Long
by AP17FX
1