Gbpnzdlong
GBPNZD | Breakout from Distribution
GBPNZD has been in distribution phase and has given a breakout from the box. We are expecting a good bearish spell in the making. One can adopt sell on strength strategy on it.
Alternatively, breaking above the distribution box will call back the bulls in the party and we can see ATH from there on.
Trade your levels accordingly.
GBP/NZDBuy: GBP / NZD
SL @ 2.01450
TP @ 2.02990
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Have a good week to everyone
It is not an investment recommendation
GBP/NZD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/NZD for the new week ahead
GBP/NZD I am expecting a rejection at strong support zone
look for a drop to order zone lined off on chart then if it meets your criteria for a trade then execute buy trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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(GBPNZD) STICK TO OUR ORIGINAL PLANLast week, GBPNZD movement was in huge bearish mode.
But , it is still follows our guideline.
Therefore, the original plan is still moving on.
(WEEKLY) GBPNZD - BULLISHGBPNZD will continue Bullish to complete the circle.
Based to our last forecast on this pair,
The Bullish movement is still ongoing heading to Wave 5.
But Wave 4 maybe not completed yet. So it is a risky setup.
GBPNZD | Breaking TrendlineGBPNZD has broken the rising trendline, the next support it will find on mentioned horizontal level. One can adopt sell on strength strategy on this pair with stoploss on top of distribution phase.
Trade your levels accordingly.
GBP/NZD Moving In Sideways, BUY And Sell Setups Valid Until B O This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD BUY TRADE SETUP GBPNZD WILL BE BULLISH TREND SOON WITH TARGET 0.0520s LEVEL
We Should buy GBPNZD with Minimum lot size .
GBPNZDHello traders. The price is still rising in the weekly time frame. On the other hand, it is still moving in an upward channel. I expect it to continue its ascent to the top of the channel after completing the pullback. Be profitable
GBPNZD | Consolidation | Next Move ?GBPNZD has been in good bullish trend. It is following trendline by its heart. Currently, price is consolidating in a box (distribution likely). Price can follow two senarios from here;
a) Bearish: The consolidation is likely to be distribution and expect bears to be active from here. If price manages to break rising trendline then bears will take price to atleast 2
b) Bullish: The consolidation after taking support from falling trendline, may rise to new highs.
Trade your levels accordingly.
GBPNZD LONGThe Red Marked zone shows Volume Cluster, big positions are accumulated here. Expect to see an upward reaction when and if the price reaches here. Target almost 90 - 100 pips. Best of Luck
(INTRADAY) GBPNZD - SHORT AT WAVE BWave 3 seems to be completed.
Intraday trader shouldn't take part until Wave b completed.
The best entry level is 2.048000
Maximum take profit would be 2.03000
Good luck
GBP/NZD Cup and Handle FormationGBP/NZD has completed the cup and handle formation on the 1D chart. The pattern would become stronger if it continues trading in this range for a few more days. It's currently on a strong resistance. It would be better to take an entry after the breakout. The target would 2.04 once it breaks out.
Thanks!
Best Regards,
Trae Like Pros.
gbpnzdOn the way back, I count as a pullback and enter the sales order from the same range, and the targets are specified in order.
GBPNZD SetupGBPNZD is at daily resistance. It is hinting to go down from here as we have bearish divergence on indicator level.
We think bears will take control from now on and push the price to further downside.
Trade your levels accordingly.
GBPNZD Will Go UP - Buy!#GBPNZD H1
Sharp Entry For Buyer in H1 Time Frame Because In H1 Time Frame A Strong Support Area is Reject The market So That I Will Buy
Potential Butterfly 🦋 (SWING)GBP/NZD - Nice potential Butterfly pattern forming with strong bullish momentum.
We've had multiple BOS with price rejecting from the 0.618 from the last retracement. (I'm using the fib extension here for profit targets)
The 1.618 lines up perfectly with a strong PRZ/D point of the butterfly.
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GBPNZD Inverted Head & Shoulder Pattern#GBPNZD Hello trader, I hope are good and safe. Today I opened the chart of #GBPNZD for 15 Min and analyzed it then I see that this chart has made a INVERTED HEAD & SHOULDER PATTERN, So I hope #GBPNZD will go up,
Now Nice opportunity for long.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
GBPNZD Inverted ShampooGPNZD formed an inverted H&S, I already entered before making this analysis, but hopefully there will be another entry opportunity, because the stochastic momentum is already above 80, maybe the momentum can still go down a little and then continue to rise.
This analysis is also supported by the fundamental strength of GBP itself which has raised interest rates, so I think this is a good opportunity.
I use the ichimoku indicator too, but on this occasion I hide it so that the chart looks neat.
GBPNZD Next possible moveGBP index will fall soon next weeks due to Omicron Variant so following pattern possible use proper money management.
