GBPNZD breakout the uptrend channel!!this analysis related to my previous roadmap on GBPNZD (link attached below!), as we can see that price reacted to the daily resistance level and might have a chance to go lower if seller manage to push the price to the 2.011 support level,.. good luck!
Plan : wait for price to bounce off from resistance level (or retrace) --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**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 like i do, please write it in comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
Gbpnzdsignal
GBPNZD giving us a SHORT ENTRYAs we can see, the value has retested a point 3 in the downtrend and is now falling without any other retest and in a really hard way, so this is our confirmation to enter in the operation, our first TP could be in the weekly KL and the second one will be in the monthly KL.
GBPNZD short idea, wait for breakout!!Plan : trendline breakdown --> wait for price to bounce off from key resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
ANALYSIS ON GBPNZDANALYSIS ON GBPNZD
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the GBPNZD pair.
- Price above 200 day EMA.
- Expecting price drop before we go for the buy.
- Watch top for sell.
- expecting move to around 2.04500.
- STOCH RSI showing bearish divergence on other time frames
Potential Retrace | GBPNZDRecap on last weeks Analysis...
- Reversal candle closed on Daily as expected
- NEXT... We look to SELL on next LH or HH (100% retrace) on 4HR
- As long as our MAJOR RESISTANCE doesn't break, we look for retrace>>(LH's)<< to SELL
- Anything can change, but we have to keep in mind the Market will always repeat itself as it may respect the trendline
Disclaimer: ***This is not a signal, just an Analysis to share my view on the market.If this if helpful to you, please comment***
GBPNZD on final phase!! Plan : 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
Potential Head and Shoulders | GBPNZDThe market is in an interesting area where it can either lose momentum or consolidate before going to the downside
- Daily chart we see a form of Head and Shoulders [/b
- Our analysis isn't complete until we wait for the daily candle to close
- I will be updating with detailed Analysis
#GBPNZD, Signal with a monstrous targetThe GBPNZD is after the Double top effect and is back on the rise.
The GBPNZD over 2 important average lines (100,200)
The candles are placed over the Ichimoku cloud that accompanies the GBPNZD with a green cloud!
The Stochastic in the ideal area that recommends buying.
All these technical data indicate continued increases.
Target: 2.0370
GBPNZD long trade update on H5Note : on my previous analysis (link attached below!) the price failed to breakdown the trendline support, here's the next plan
Plan : key level resistance breakout --> wait for prices to bounce off key level support --> 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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPNZD in a consolidation phasePlan : structure / trendline breakdown --> wait for prices to bounce off horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX