GBPNZD-4HR INCOMING STRONG SELL Hey Everyone, We had a long bullish impulse on FX:GBPNZD , price broke out and sellers now have control. Looking at 4HR market structure, price is looking to drop significantly to fill up the gap that price have left behind.
Let's not miss out on a great opportunity, thank you for your support :)
Gbpnzdanalysis
DeGRAM | GBPNZD potential shorting opportunityGBPNZD broke and closed below the consolidation zone, then pulled back to resistance. Price action created to short the market.
The market has tested the this level multiple times, and there is a high chance that level will act as strong resistance.
We expect price action to make pullback down and complete AB=CD pattern.
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I see buys on GbpnzdWe had price break a major level making a new high. With the new high made this is called our indication. Which means that with the right momentum we can expect price to come back to that high after a correction. Due to price being on a uptrend which means no lows have been broken we can anticipate that price is bullish.
GBPNZD - Long after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I expect price to continue the retracement to fill that huge imbalance lower and then to reject from bullish order block + institutional big figure 1.99000.
Fundamental analysis: Upcoming week on Wednesday we have news on GBP, will be released monthly GDP & on Thursday on NZD will be released quarterly GDP. Pay attention to the results in order to validate the analysis.
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GBPNZD POTENTIAL LONG FORMATION IN PROGRESS (BULLISH CHANNEL)When we look at the pair there are more bullish signs and bearish signs hence we are only looking for buying opportunities.
We have listed the reasons for our bullish basis below:
1: Higher times frames show a strong bullish trend.
2: Lower bullish channel test and potential bounce.
3: Up-trendline test and bounce.
4: Pair us making new highs which signal a bullish trend.
Nothing in the markets is ever perfect and this includes pattern formations. It's not every often we see textbook-style patterns. As long as risk is managed, if we happen to get stopped, we move to the next trading setup.
GBPNZD SELLHi, according to my analysis of the GBPNZD pair. There is a high probability of falling. With the bullish channel flag broken. The price is trying to retest the resistance area 1.01350. Although this area is the 61% Fibonacci retracement of the golden ratio. I wish you success in this transaction .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
DeGRAM | GBPNZD market overbought and decelerationGBPNZD broke out of the ascending channel and moved higher to the resistance level.
There's a nice confluence zone to short at the resistance level and a bearish harmonic pattern.
We expect a false breakout of the previous high and a move down.
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GBPNZD - Long from discount zone ✅Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs from discount zone. I expect price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.99000.
Fundamental analysis: Next week we have news on GBP, on Thursday will be released Interest Rate supported by Bailey speech. The rate is forecasted to increase, this means strength in currency which can support our analysis.
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DeGRAM | GBPNZD trend continuation opportunityGBPNZD is moving in the ascending channel and making higher highs.
The market broke and closed above strong resistance that became support.
Following a bullish move, if price pulls back to the kill zone and fibo cluster, we expect a retest of the resistance level .
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GBPNZD : Short Trade ,4hHello traders, we want to check the GBPNZD chart in the 4-hour time frame. The price is moving in an ascending channel and has reached a strong resistance level as well as the ceiling of the ascending channel. We expect this level to stop the upward trend of the price and cause the price to fall. Until the targets are determined. Good luck.
GBPNZD sell Entry : 2.03140
Stop : 2.05480 , Target1 : 2.00780 , Target2 : 1.98450
Risk/Reward Ratio : 2
GBPNZD Long 30m TFDouble bottom on the 30m tf and the 1H tf.
Two possible entries:
1) 30M TF: Price retests support before pushing to the upside.
Indicator: RSI to test the MA then push to the upside.
2) 1H TF: Double bottom on the 30 min tf & 1 hr tf. Let's see if price will break resistance to the upside and turn it to support. I'd expect a bullish run if that happens.
Indicators: RSI: RSI tested MA and might push to the upside.
MACD: EMA crossover to the upside.