GBPNZD to form a higher low?GBPNZD - 24H expiry
The medium term bias remains bullish.
Price action looks to be forming a bottom.
Preferred trade is to buy on dips.
Bespoke support is located at 2.2515.
Risk/Reward would be poor to call a buy from current levels.
We look to Buy at 2.2515 (stop at 2.2475)
Our profit targets will be 2.2675 and 2.2710
Resistance: 2.2660 / 2.2720 / 2.2770
Support: 2.2510 / 2.2420 / 2.2375
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GBPNZD trade ideas
GBP/NZD BEST PLACE TO BUY FROM|LONG
Hello, Friends!
We are going long on the GBP/NZD with the target of 2.262 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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GBPNZD SHORT Market structure bearish on HTFs 3
Entry at both Weekly and Daily AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Around Psycholoogical Level 2.26000
H4 Candlestick rejection
Rejection from Previous structure
Levels 4.68
Entry 95%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King.
GBP_NZD LOCAL SHORT|
✅GBP_NZD made a retest of the
Local horizontal resistance level of 2.2580
And as you can see the pair is already
Making a local pullback from
The level which sends a clear
Bearish signal to us therefore
We will be expecting a
Further bearish correction
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD 15m buyHello friends. The price of the GBPNZD symbol in the 15-minute time frame after hitting the FVG high time frame is now bullish. You can see that it also happened in the choch direction. If it returns to the FVG 15m area, it can be entered for buy. Friends, please note that this is just a theory.
GBP/ NZD Ready Read The Captions This 1-hour chart analysis of GBP/NZD highlights key trading zones:
Support level: 2.23949
Demand zone: 2.25236
Target zone: 2.26073
The price is currently rising from support and approaching the demand zone. Two possible scenarios are shown: a breakout toward the target zone or a pullback to the support before a new upward attempt.
GBP_NZD BEARISH BREAKOUT|SHORT|
✅GBP_NZD is going down currently
As the pair broke the key structure level of 2.2400
Which is now a resistance, and after the pullback
And retest, I think the price will go further down
SHORT🔥
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
GBPNZD Will Explode! BUY!
My dear friends,
My technical analysis for GBPNZD is below:
The market is trading on 2.2361 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 2.2454
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
Gbpnzd buy Gbpnzd looks set to go from here , I took this trade way too early and had to sell off and rebuy , but now the buy is a valid buy at this small pullback to support level at 2.24670 looking for a take profit around 2.25514 , this is where we could get another pullback, but could keep going, let's 👀
GBPNZD - Looking To Sell Pullbacks In The Short TermM15 - Strong bearish move.
No opposite signs.
Expecting bearish continuation until the two Fibonacci resistance zones hold.
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