GBPNZD : Long Trade , 1hHello traders, we want to check the GBPNZD chart. The price has broken the descending channel to the top and pulled back to the key level indicated. We expect this level to play the role of a support level and the price will maintain its profitable trend. The first price target is 2.07200 and if the price can break this level, the second price target will be 2.08100. Good luck.
GBPNZD
GBP/NZD BEST PLACE TO SELL FROM|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 beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 2.061.
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GBPNZD Massive Long! BUY!
My dear followers,
This is my opinion on the GBPNZD next move:
The asset is approaching an important pivot point 2.0648
Bias - Bullish
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 2.0739
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPNZD Will Explode! BUY!
My dear subscribers,
GBPNZD looks like it will make a good move, and here are the details:
The market is trading on 2.0515 pivot level.
Bias - Bullish
My Stop Loss - 2.0437
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.0668
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as the indicator uses ATR to calculate its value. The ATR indicator signals the degree of price volatility.
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WISH YOU ALL LUCK
GBPNZD: Preparing For a Bearish Wave 🇬🇧🇳🇿
Have a look at that bearish imbalance that was formed on GBPNZD
on a daily time frame on Friday.
With one single bearish candle, the price violated a neckline of a
descending triangle formation and a key horizontal support.
The market is retesting the broken structures at the moment.
I believe that a fall will initiate soon.
Next support - 2.0372
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GBPNZD- 4hrs ( Sell Trade Target Range 300 PIP ) 💵Pair Name GBP/NZD
Time Frame : 4 hrs
Scale Type : line chart + Candle Stick
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🌐 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
🔗 Key Technical / Direction ( Short ) Mid Term
Type : Mid Term Swing
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Bearish Break
2.06600 Area
Reasons
- Major Turn level / D
- Visible range Hvn
- inner Pattern Break
- Turn Over Area
- PDL
- PWL
Bullish Reversal
2.03000 Area
Reaons
- Major Turn level / D
- Visible Range Lvn
- Pattern Full Target
- Quarter's Area
- Choch Area
GBPNZD: Bullish Continuation & Long Trade
GBPNZD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPNZD
Entry Point - 2.0535
Stop Loss - 2.0445
Take Profit - 2.0723
Our Risk - 1%
Start protection of your profits from lower levels
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gbpnzd h8 short sell from resistance tp 2.0300🔸Hello traders, let's review the 8 hour chart for GBPNZD today. Expecting reversal
after we hit strong overhead resistance at 2.0900. currently risk/reward shifted
in bears favor.
🔸previously V-shape recovery completed at 2.0900, however right now bears
will likely take over in this market. below bears will target mirror s/r level
at 2.0300. strong risk/reward on sell side now.
🔸Recommended strategy for GBPNZD bears: short at market / short sell any rips
and rallies towards resistance, SL 80 pips TP1 +200 pips TP2 +400 pips. swing trade
setup, so naturally will take more time to hit TP. good luck, traders!
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RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
GBP/NZD BEST PLACE TO SELL FROM|SHORT
Hello,Friends!
Previous week’s green candle means that for us the GBP/NZD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 2.038.
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The sideways pattern of continuing the bear market?Dear Friends,
I hope this message finds you well and that you're having a great start to the week. I wish you success in your business endeavors.
As someone interested in the Elliott Wave principle, I find it a valuable tool for analyzing the market. I have developed my approach by combining this principle with my personal experience and by considering various scenarios that are likely to occur in the market.
I am sharing my analysis with you, but please note that I am not providing any buy or sell signals. I aim to share my unbiased analysis with you so that you can use it as a guide to make informed decisions.
The first analysis is Litecoin
In the attachment, you will find my previous analysis of the same market, so you can compare and see the differences. All the details of my analysis are clearly labeled, making it easy for you to understand (although 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. With time, my understanding of this knowledge and experience has increased. What I have achieved so far is a legacy of a genius named Ralph Nelson Elliott, and I am truly satisfied with my progress. May his soul rest in peace and his memory be cherished.
Thank you for your support so far. I am grateful and will always remember your kindness. Please feel free to share your thoughts and feedback with me.
I hope my analysis will be useful to you in your business journey, and I wish you all the best.
Sincerely,
GBPNZD - Long from support zone ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 1H timeframe perspective, so I am looking for a long. I wait price to make a retracement to fill the imbalance lower and then to reject from support zone for a potential long.
Fundamental news: Upcoming week on Tuesday we will see results of Unemployment Rate on NZD.
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GBPNZD: The Price May Go Lower 🇬🇧🇳🇿
GBPNZD formed a double top formation after a test of a key horizontal daily resistance.
We saw a strong rejection from the upside yesterday.
It makes me think that the market may drop lower soon.
Next support - 2.0615
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GBPNZD must make a choice! 2.06 or 2.094GBPNZD currently exhibits a bearish structure highlighted by this bearish channel. Currently, the price, after bouncing off the bottom of this channel, is at a crucial point. The latest bullish reaction has led to the formation of a demand zone, ranging from 2.0760 to 2.0940.
If the bearish trend maintains its strength, it is possible that the price will decline to break the demand zone, reaching the level of 2.06. At this level, the lower side of the channel and the demand zone intersect. Personally, I anticipate a potential bullish turnaround at this specific point, and that's where I will look for an entry point at H4.
I will keep you updated. Greetings and happy trading to all, from Nicola.