#NZDGBPA corner pattern is forming in the one-hour and 4-hour timeframes, which can have a downward correction with the retest of the resistance zone and then move towards the previous peak in the one-hour timeframe.
NZDGBP
GBPNZD: Selling into confluence of supportsWe can see that GBPNZD has broken below the mid-point of the rising channel.
Looking for sells going into the BoE rate decision this week, with NZD generally strengthening and GBP generally weakening.
Depending on what happens on Thursday we we'll see either a break of a bounce off this point.
I'm targeting 2.072 initially, where I see confluence of the rising channel and horizontal support.
GBPNZD: Bullish Breakout? Key News Impacts!Greetings Traders!
GBPNZD is poised at a critical juncture, with NZD's "Employment Change" and "Unemployment Rate" news on the horizon. Awaiting the news' outcome could be strategic before we commit. If we see a negative impact, there could be a prime opportunity to go long.
Yet, on the flip side, positive news may trigger a steep decline, threatening to hit stop-loss levels.
Recent events favor the bulls - a rectangle break hints at an extension of the bull run, and the market momentum broadly resonates with bullish sentiments.
However, let's remember that GBPNZD is currently experiencing heightened volatility. Therefore, I urge you to manage your risk, await the news, and then carefully consider entering this trade.
GBPNZD growth from the bottom of ascending channel(Shor term)🚀GBPNZD can start to grow again from the bottom of the ascending channel.
💡Reasons for GBPNZD growth:💡
A Hidden Divergence(HD+) between two successive valleys in the ascending channel.
Buy signal in RSI indicator .
Confirmation of the end of the movement by the StochRSI indicator .
Hammer🔨 Candlestick Pattern formation at the bottom of the ascending channel.
🔅British Pound/New Zealand Dollar ( GBPNZD ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
it's time to going up for NZDGBPbefore buying, please check for being sure about your opinion about this STOCK!!!
be rich...
and
doing and living in the best quality *-*
(Guy's the entry place is importance things in enter in a position)
💵British Pound/New Zealand Dollar 💵Analyze (11/03/2022)!!!British Pound/New Zealand Dollar was able to make a Head and Shoulders Pattern near the important trend line.
I expect the British Pound/New Zealand Dollar will go down to the target of the pattern = Support line.
🔅British Pound/New Zealand Dollar Analyze ( GBPNZD ) Time frame 4H⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
GBP/NZD- Short from resistance Hello,
After seeing NZD announce tougher lockdown measures last night, the NZD took a dive fast. Obviously strengthening the GBP/NZD.
Usually after spikes in the market, the price then reverses over the next several days back to the original price. The pair is stalling at a major resistance and has now formed an indecision candle on the 8H.
We are now waiting on the market to either push up and break the 'R' and head up towards 2.02099 or to drop sharply back and trigger us into the short.
First target sits at 1.5R and the final target being 2.4R.
Good luck if you follow :)
NZDGBPBeen following this pare for the past few days, it's due a breakout. When i enter on the second take profit, I'd move my stop loss on the first trade to the stop loss on my second entry. Thus making the trade a risk free. however, this is an over a weekend trade so, the markets might open and retest the Top Black Resistance level. Then, the trade would play out how i market with arrows.
SHORT SHORT SHORT
Looking for a nice short on GBPNZDLooking to see if GBP can pullback to hunt for some liquidity before pushing lower, could possibly be a decent trade to the upside for about 50-60 pips but I find that when market sell-off they sell hard and fast don't want to be on the side where there is a clear downtrend on the H1 chart.
Will see how this one plays out next week.
#gbp #gbpnzd #gbpnzdshort
GBPNZD : REVERSAL ON BEARISH CHANNEL - PRICE WILL DROP ! 🔔Hello Everyone, I hope you'll Appreciate our Advanced Analysis on Price Action !
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Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Strategy :REVERSAL ON BEARISH CHANNEL
Have a Good Take Profits ! ! !
NZDGBP Confirmation and Entry. Going back to my analysis on the bigger time frame of NZDGBP, we can see the moving to take a closer look on the 15 minute chart, that the price action has made a lower high and a lower low signifying that the price action will or has reversed as it is at a key resistance level.
Additionally, we can see that we have divergence on the histogram signifying a loss of momentum in the price action.
To get further confirmation, we would like to see the price action break short through the 15 minute support at point A.
The price action will then retrace to test this support as its new resistance. We then enter short at the swing low of the break, and place our stop at the point B swing.
Happy trading - The Trading Box
NZDGBP CLOSE TO ITS TRENDLINE SUPPORT Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is inside a channel and close to the trendline support. If it breaks the trendline it can go all the way till its support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDGBP CLOSE TO BREAKOUT ITS SYMMETRICAL TRIANGLEHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, that the pair is close to its symmetrical triangle breakout, one can wait for confirmation
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZDGBP IN DESCENDING WEDGEHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
The pair is in Descending triangle and is ready to breakout. It is advisable to wait
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
NZD / GBP long positionlooking at it retracing back to support or breaking violently and continuing with 4hr pattern
NZDGBP - NEW ZEALAND DOLLAR / BRITISH POUND - Buy NowYes i repeat.. Buy NZDGBP... Now....
Price was hit the 0.618 fibo level and each time it hit the 0.618 fibo level and it was reached 0.5 level of fibo which is give us a strong clue saying that rate will be reach the 0.5 fibo level soon. There might be a drop (according to the history) once it hit the 0.5 fibo level to horizontal line (C) again it will towards to upwards. MACD is also shows us a bullish movement.
Note: Trade at your own risk and this is not based on any fundamental.
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NO RBNZ RATE CUT
No rate cut tomorrow folks .
Trade the spike and get out 7 min top . Could be similar to AUD rate hold .
If it runs more than first 15 min candle could go back in risking half the profit you already made with smaller lot size .See where it goes .
Your'e welcome
nzd/gbp bullish flag patternOn the weekly, I see two bullish flag patterns occur with the new flag pattern inline with support. I am hoping price bounces off support to which I will enter my trade.
Trade can be taken from the breakout or above support zone, totally up to how you enter trades.
