Gbpnzdsignal
DeGRAM | GBPNZD price at resistanceGBPNZD broke out of the descending channel and moved higher to the resistance level.
The market overall is moving sideways. There's a nice confluence zone to short at the resistance level.
We expect a pullback from the resistance.
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GBP/NZD in my opinionHello guys!
Again Vugar here.
By following GBP/AUD, I decided to write some sentences about it.
Already, we see that it created flat channel or something like it. Channel upper level is 1.93550, bottom line is 1.90867.
The is most important is its median. Median is parallel line among trend channel. In GBP/NZD, median is 1.92480 approximately.
What can we wait for?
Price now is 1.9213. This is too closer to median. In this case, have one decision: - put SELL STOP at 1.92000!
TP 1.91328
SL 1.92700
If we will have a chance (a little) then we will be successful in the end of day!
Good luck!
20 Reason for sell GBPNZD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: multi years double bottom
2 📆Monthly: market make lower high even protect their last low during September's volatile moves
3: 📅Weekly: protect the previous high and after it, formate a clear inverted flag that indicates the down move will continue till you grab 50% of the wick liquidity
4: 🕛Daily: a side or range bond market
😇7 Dimension analysis
🟢 analysis time frame: daily
5: 1 Price Structure: bear
6: 2 Pattern Candle Chart: down base down
7: 3 Volume: Average
8: 4 Momentum UNCONVENTIONAL Rsi: favor in bear
9: 5 Volatility measure Bollinger bands: after a tight squeeze downside bear walking on the band formation
10: 6 Strength ADX: the bear is in power
11: 7 Sentiment ROC: GBP is weaker then NZD
✔️ Entry Time Frame: H4
12: Entry TF Structure: bear
13: entry move: impulse
14: Support resistance base: 20 ma resistance
15: FIB: trigger event done
☑️ final comments: sell
16: 💡decision: sell at open high
17: 🚀Entry: 1.9100
18: ✋Stop losel: 1.9280
19: 🎯Take profit: 1.8575
20: 😊Risk to reward Ratio: 1:5
🕛 Excepted Duration: 5 days
gbpnzd sell setup .. now we have a head and shoulders pattern and it's broken
So we r searching for selling opportunities
now the market is moving in a consolidation area
so we will wait for the price to break that level and enter sell.
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don't forget your risk management
follow for more :))
DeGRAM | GBPNZD price ation coiling up GBPNZD is ranging at the support level and did not go further.
Price action previously declined from the resistance zone .
Since the market is in a bullish trend, we expect a bullish move from that support level.
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GBPNZD - Short from resistance ✅Hello traders!
‼️ This is my analysis on GBPNZD .
Here we are bearish from H4 timeframe perspective, after price broke out the support zone, that now become resistance, so I am looking for shorts. I expect price to retrace a little bit and look for a short from resistance + institutional big figure 1.96000.
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DeGRAM | GBPNZD shortGBPNZD is trading in the consolidation zone at the support level.
The market tested the support level multiple times before, and there is a high chance that level is going to be broken.
We expect a test of the next support level.
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GBPNZD - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on GBPNZD.
Here we are in a bullish market structure, so I am looking only for longs. I expect price to make a retracement to fill the imbalance and then to reject from bullish orderblock + institutional mid figure 1.98000.
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DeGRAM | GBPNZD LongGBPNZD moved out of the ascending channel .
The market formed a consolidation zone at the support level .
Price is testing the psychological level of 1.9600.
We expect retest of the resistance level .
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GBPNZD - Bearish short and mid term ✅Hello traders!
⁉️This is my analysis on GBPNZD .
Here we can see that price rejected from institutional big figure 2.00000 and broke the market structure, so I expect bearish price action for upcoming weeks to fill the imbalances below.
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GBPNZD - Long from bullish orderblock ✅Hello traders!
⁉️This is my analysis on GBPNZD.
Here we have stron bullish momentum, so I am looking only for longs. If price makes a retracement and fills the imbalances below and rejects from bullish orderblock + institutional big figure 1.95000, I will open a long position.
Also we have news event about Cash Rate on NZD on Wednesday. If the rate is increased, it means strong NZD, that will support our retracement.
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GBPNZD SHORT
List of confluences:
1: Trendline breakout on daily chart
2: Rising wedge pattern breakout which signals trend continuation to the downside.
3:Key level breakout on daily chart.
4: Change in market structure from bullish to bearish.
We will be looking to sell this pair as it remains bearish despite BOE attempt to intervene in the weakening of the Pound.
Risk reward currently stands at approximately 9.13 to 1. So we could see a return of between 9.13% to 18.26 for this
particular trade if we risk between 1 - 2 percent of our account per trade.
GBPAUD and GBPNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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