Gbpnzdbuy
GBPNZD- Ready For Bull Run?GBPNZD has Formed Strong Bullish Pattern on Weekly Chart Which confirms that bulls are in control now. 1.91421 is crucial resistance on upside. I am bullish on this currency only above 1.91600 for the targets of 1.94000 and 1.95800 with stoploss of 1.89000
GBPNZD Quick Buy Trade PossibilityGBPNZD Quick Buy Trade Possibility: Looking For A Slight Decent Move With This Pair. Smart Move Is Buying From A Pullback And Take Profit After A Spike Up.
GBNZD LONG BAT ? 177pips Well what do we got here?
Our bounce strategy hit SL so...
GBPNZD Bullish BAT ?
Point B retraced XA past .5 level but not beyond 0.618 CHECK
Point C retraced AB past 0.618 but not beyond 0.886 or A CHECK
(If) price retraces XA and touches 0.886 to form Point D (also 1.618 extension of AB)
Then we're LONGing
600 SL
TP 1 ~ NZD 1.95721
TP 2 ~ NZD 1.95930
t > @bizlus #ff
GBPNZD Buy Trade PossibilityGBPNZD Buy Trade Possibility: Opened a buy trade targeting the yellow line although it might pop even further. SL around 1.9463 levels
Long setup on GBPNZDHi guys,
on the higher timeframes, like the daily, this pair is in an uptrend, because it broke to the upside the most recent resistance (upper black line). Now, until we broke a support to the downside, the trend will be considered bullish. Therefore, it makes sense to look for trading opportunities on lower timeframes, when we see there's higher timeframe structure looking left. Here we have a double bottom with RSI divergence and an engulfing on the 4H chart.
Entry at market, stops and targets as shown.
If you have any idea/question, feel free to comment below.
Otherwise, see you in the next chart!
GBPNZD - LONG POSSIBILITYI WOULD SUGGEST YOU TO WAIT FOR THE CLOSURE OF THE THIRD GREEN CANDLE BEFORE ENTRY
ENTRY: 1.94225// SL: 1.93925// TP: 1.94842
GBP/NZD buy scalpI will look to scalp to those fib levels, if it breaks low I will not hold it. It made a diagonal, pulled up, then corrected It needs to break out of this trend line. It is possible you get it to go up for a C leg which would be a lot of pips but it looks like it's going down, I just would have expected one more up but the way it looks and considering NZD, hard to say.
GBPNZD LONGEntry market : 1.91040
Enter Buy limit : 1.90800
Take profit 1 : 1.92222
Take profit 2 : 1.93815
Stoploss : 1.90080
Confirmation Buy signal For Long (tow months )
We can see the double bottom formed in last months,and now the market is testing neckline.
we opning Some positions buy at 1.790 levels
SL: below 1.775
TP1: 1.88000
TP2: 1.91800
TP3: 2.0000
GBPNZD daily cup and handle is in play. D1 TF H4 forecastIntraday Update: GBPNZD daily cup and handle is in play. next target 1.95000
GBPNZD Possible BuyIt looks like GBPNZD is bouncing back up of the lower range, how ever the indicators aren't very convincing yet. Best is to wait till this daily candle closes. If it closes around CMP this will be a nice buy. If it closes at the lower range then wait till tomorow, if it closes below then sell. Easy setup if you have some patience
GBPNZD Daily Breakout ConfirmedHi traders,
We had a very long range on the GBPNZD daily chart and we recently broke it. The arrow that is pointing on the last candle is the re-test candle, testing the previously broken area successfully.
I will open my trade on Monday and see where price will bring me :) On my first target, I will take out 50% of my profits EXCEPT price is showing strength. Target 2 is the last target as it is the same 'height' as the breakout area ... or distance, whatever you prefer to call it.
Have a happy weekend!
GBPNZD Bullish PotentialThe 4 hour time frame for GBPNZD shows a nice bounce back of the support level that created a new ascending trading range. possible targets are the next 2 resistance levels that could be hit within the next 3 days since its the 4 hour time frame. Now when you go to the daily and weekly time frame you will even see a possible target of at least 1.88 long term. next 2 weeks up to 3 months. So on the short AND long term GBPNZD will be a nice buy to hold or to add buys on the dips. I prefer starting with a small position and adding more every 80 pips it goes up while maintaining a 60 pip stop loss that moves up a long the trend up.
What's next for the British Pound?On several British Pound Forex pair, an ascending trend line on the daily time frame is on play. With them approaching the bottom of the bottom, are they to bounce or are they to break?
In GBPNZD, we can see the it is consolidating at the bottom of the ascending trend line (possibly poised for a retest of the broken weekly descending trend line) which made it form a double bottom. However, if you look at the behavior of this Forex pair, it consolidates above a support (boxed) before descending strongly... did it twice.
Watch for a signal to go long or short!
Long EURNZDAfter the strong bullish momentum of June 27 that preceded the breakdown of the bearish trend line, the price shows signs of wanting to continue with the bullish movement since it fails to fall back below the 1,554 level, being optimistic the price could possibly reach up to The 1.588, although I would recommend taking partial profits at 1,568.
GBP/NZD Long OpportunityThere are several reasons why I want to buy this pair. From the Weekly Chart to the 30m Chart, all the way, the pair is bullish. Though my trade setup contains a small opportunity for Pips, the pair may make more upside but that is not confirmed yet from my point of view.
GBPNZD - CRAZY TIMING FOR LONG SETUP/ 1000+ PIPSBreakout is confirmed, the restest is almost done. means that price might pull back at the support zone arround 1.73810
PS: control your lot size because the chart might go in the red space for a while before getting back in the green zone
ENTRY: 1.73810// SL: 1.68649// TP1: 1.99948// TP2: 2.20288
