GBPNZD
✅TS ❕ GBPNZD: returned in the range✅✅ GBP NZD has sharply corrected after growth.
The chart returned to the range.
I expect the continuation of the decline. ✅
🚀 SELL scenario: short to 1.915. 🚀
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GBPNZD, H4 | Bearish reversal?We're seeing price test a 1.9279 resistance level which is an overlap resistance along with a 23.6% Fibonacci retracement. A reversal from here could see prices drop all the way down to major support at 1.9011 which is a swing low support + 78.6% Fibonacci retracement.
However, it's worth noting there's a key support level at 1.9168 which is an overlap support that lines up with the 61.8% Fibonacci retracement. This level needs to be broken to potentially trigger the bigger move down to 1.9011.
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UPDATE GBPNZD - Still in play but the warning is concerningW Formation formed and broke above.
The big warning and problem is that there was low volatility and the market was moving in a continued sideways range.
This is concerning because the buyers are not too strong which is why we now had a large bearish engulfing candle showing how the sellers are running the show.
7>21 but <200MA
RSI <50 - Turned bearish
Target 2.000
But this is still a medium probability trade
GBPNZD - 4hrs ( Buy Trade Target Range 300 : 500 PIP ( 💲Pair Name : GBP/NZD
🗨Time Frame : 4hrs
➕Scale Type : Large Scale
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✔️ Key Technical / Direction ( ↗️ Long )
Type : Mid Term Swing
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🔰Bullish Break
1.91900 Area
Reaosns
🔘- Major Turn level
🔘- Visible Range Lvn
🔘- Pattern Break
🔘- Week High / Day High
🔘- High Traded Volume Area
🔰Bearish Reversal
1.97900 Area
Reasons
🔘- Major Turn level
🔘- High Traded Volume Area
🔘- Visible Range Hvn
🔘- Pattern Full Target
🔘- Fibo Golden
GBPNZD - 4hrs ( Up + 100 PIP / Tp 1 > Full Tp 500 PIP Pair Name : GBP/NZD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
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🔰 Up + 100 PIP.
Target Hit ( 1 )
Account Growth 5 %
GBPNZD - 4hrs ( Up + 300 PIP / Tp 3 > Full Tp 600 PIP ) Pair Name : GBP/NZD
📉Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : / Long
➕ Educational
—————**-
🔰 Update - VIP Opportunity
————
🔰 Up + 300 PIP.
Target Hit ( 3 )
Account Growth 15 %
GBPNZD im looking to buy at 1.9607 zone, this is a simple break and retest, Be patient wait for the h4 candle to retest to our zone before looking to buy for better R.R we had a strong previous h4 bullish close above the zone, and if you look at the HTF, you'll notice we've wiped out the weekly highs looking left
GBPNZD: SELL LIMIT OPPORTUNITYThe pair is about to reach an important Resistance area (purple rectangle) that indeed was previously a Support. On this level bears already showed powers on Wed 22 February (rejection of price at 1.95407). For these reasons we can set a Sell Limit order at 1.95300 with Stop Loss at 1.962 (too often tight stop losses and quick false breakouts of resistances invalidate signals) and take profit around 1.92900.
Thank you.
GBPNZD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of GBPNZD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to make the retracement and then to reject from bullish order block + institutional big figure 1.93000.
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📌 Potential BUY setup for: GBP/NZD👩🏽💻Technical: The price is currently on a higher time frame pullback, and the daily chart is forming a strong bullish engulfing candlestick, attempting to break MAs. The price has a strong psychological zone @1.95000.
🎯 For an ideal entry: To confirm the bullish bias and potentially target the 4-hour previous high, wait for the 4-hour candlestick to fully close above MA 20. Otherwise, no break - no entry.
GBPNZD - W Formation but very weak signalW Formation has formed on the GBPNZD BUT it is a very weak signal.
The price action is clearly sideways and this traps a lot of traders into buying the breakout.
What tells me this is the LOW volatility which should signal a warning.
Also we have mixed signals with MAs 7>21 but <200MA
RSI >50 - bullish
Target 2.000
I call this a LOW probability setup and one I wouldn't actually take. But for the risk takers, they can with pleasure.
AUDNZD I Potential buy from demand zone Welcome back! Let me know your thoughts in the comments!
**AUDNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPNZD - Criteria Met!Last week we looked at this and it had not swept the high of the wick we were after, it has done that (only just!) right now. I am officially in LIVE on this trade, stop and profit levels are shown. This is my analysis, trust your own.
Any trade for the rest of the week will more than likely be demo only as only 1 live trade gets taken at a time as a measure of risk management.