GBPNZD LONG - BULLISH TREND CONTINUES!Waiting for a retest of 1.26675 to short GBPUSD back to4H swing low at 1.25332
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GBPNZD trade ideas
GBP/NZD LongPrice has been respecting my trendline for a month and a half I expect price to retrace back down to my trendline for a continuation back to the upside so I am going Long
GbpNzd a pullback for long?Tradingview Ideas:
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Watch out for the pair to go long, extended pair, but structurally still for me to go on long unless something changes
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The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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GBP/NZDGBP/NZD Potential long opportunity
Bullish market overall
Pay attention to the market structure & pay attention to price action and where price can give us a rejection for a long opportunity.
GBPNZD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
GBPNZD: Important Breakout 🇬🇧🇳🇿
GBPNZD broke and closed above a key horizontal daily resistance.
The broken structure turned into a key support.
The market will most likely keep rising next week.
Next resistance - 2.13
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GBPNZD The Target Is DOWN! SELL!
My dear subscribers,
This is my opinion on the GBPNZD next move:
The instrument tests an important psychological level 2.1112
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 2.0940
My Stop Loss - 2. 1200
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
gbpnzd sell 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
3-GBPNZD IN CONTINOUS BULLISH TREND GBP is getting stronger since March 22 and trend continues offering multiple entries and exit opportunities until now March 28
GBP/NZD SHORT from 2.1149I'm SHORT GBP/NZD from 2.1149 for the following reasons:
a). R.S.I. is now reading 68 and was over 70 for the last 4 candles (76 last candle). This would indicate that SELLERS are taking the price under overbought.
b). The high (2.1173) sits a band of resistance between WR1 and WR2 weekly pivot. Last week this area (2.1042 to 2.1084) saw SELLERS enter the market and drive the price lower.
c). Although the Pivot Point SuperTrend remains green (BULLISH) we have seen 5 red SELL dots over the last 5 hours.
d). Andean Oscillator shows that the green BUY line is weakening and is about to cross south over the yellow signal line.
e). the RED SELL line has moved away from zero and is rising.
This is a moderately high risk trade as we have no confirmation on MACD and the Andean Oscillator hasn't crossed but we can get in early with a tight 26 pip STOP (at 2.1175).
Furthermore, we have just seen the Pending Home Sales released. This was green at 1.6% (.2% better than expected) and Revised UoM Consumer Sentiment and this too was green (79.4 act. 76.5 exp).
Despite this BULLISH USD news, the market has failed to react though there is still time.
Worth a SHORT from these levels with a STOP as indicated at 2.1173 (ish) and a target of WPP mid pivot/200 EMA at around 2.099 though this target will depend on momentum over the next several hours if we see price drop.
GBPNZD Long TradeMARKET PHASE
OANDA:GBPNZD is in a long term uptrend (daily) with a short term corrective structure that has been taking place (4 hour).
AREA OF VALUE
Price continued to break lows within the corrective structure until it began to hold the bottom. There was a buildup of liquidity (sell stops, shorts, long order stop losses) below the corrective structure swing lows. Price violently moved down to trigger the sell stops (liquidity) to pair against the buy orders needed to take price up. Price has now started it’s initial move up but due to the velocity of the upward move, it's gapped orders around 168.624. Price has retraced back to this level to meet the demand, we can now expect a strong push upwards in the direction of the larger trend.
TRADE
I've entered my long position on OANDA:GBPNZD as follows:
Buy Limit: 2.10254
Stop Loss: 2.10099
Take Profit: 2.10564
RISK MANAGEMENT
R Ratio: 2
Equity at stake: 1%
Trail SL to 50% @ 1R Profit
GBPNZD bullishThis pair made inverse head and shoulder,
After 6days of resistance the pair made new Higher high today,
Also in the week the pair is making inverse head and shoulder,
Draw your supports near the neckline and wait bull signals
gbpnzd long welcome
here is my gbpnzd long idea
its based on very bullish market
lets see if we note new higher highs
Corrective sideway patternDear analysts and traders,
I hope you are doing well and are motivated for the week ahead. I wish you all the success in your business endeavors. Remember that success in trading lies in consistently defining and sticking to your rules.
As someone interested in the Elliott Wave Principle, I find it to be an invaluable tool for market analysis. I have developed my approach by combining this principle with my personal experience and by considering different scenarios that are likely to occur in the market. It should be noted that I do not like to be surprised in the market, and that's why I have different market prospects. I follow them to be sure and recognize the structure that is forming so that I can 100% recognize it.
I will share my analysis with you, but please note that I am not providing any buy or sell signals. My perspective on idea analysis is completely unbiased, so if the idea analysis meets your standards, you can use it as a guide to make an informed decision.
I have attached my previous analysis of the same market so that you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand. However, having a basic familiarity with the Elliott Wave Principle theory will help you understand the analytical idea more easily.
I have been studying the Elliott Wave Principle for almost three years now, and over time, my understanding of this knowledge and experience has grown. What I have achieved so far is the legacy of a genius called Ralph Nelson Eliot, and I am really happy with my progress. May peace be upon him.
Thank you for your support so far. I will always remember your kindness. Please share your comments and criticisms with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
Mr. Nobody
GBP-NZD Wait For Breakout! Buy!
Hello,Traders!
GBP-NZD is trading in
An uptrend and the pair
Has formed a bullish triangle
So IF we see a bullish breakout
Then we will be expecting
A further move up
Buy!
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Check out other forecasts below too!
GBPNZDAs per our previous analysis, GBPNZD experienced a significant increase in value, leading me to exit the previous deal. At present, I am waiting for the price to return to the support area. I have initiated a purchase deal which is currently showing an upward trend. Wishing you good luck.
An idea about the movement of the currency pair GBPNZDWhen the price reaches the top, we expect a re-correction towards the nearest support area
GBPNZD My Opinion! SELL!
My dear friends,
Please, find my technical outlook for GBPNZD below:
The price is coiling around a solid key level - 2.1044
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 2.0958
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
GBPNZD trending BullishGBPNZD trending Bullish, Making Bullish Engulfing candle on 1 hour chart after bearish three black crows.
GBPNZDSuch a powerful and a clear head and shoulder pattern.
so we you look out for market cnfirmation patterns before executing
trade carefully
trader ernest
GBPNZD LONG - STRONG AREA OF CONFLUENCE!Waiting for a break and retest of 2.09444 to long GBPCNZD back to 4H level 2.12034
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