Gbpnzdlong
GBPNZD LONG OPPORTUNITYMarket Structure is KING!
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Here is my analysis for GBPNZD for the upcoming week, wait for price to pullback to retest resistance and take a short down to the next DEMAND area than look to go long.
What are your thoughts? Leave it in the comments below!
Blue Signal FX Rules-Based Trading
1. CHECK THE NEWS!
2. WHAT IS THE OVERALL TREND? Market structure will give you direction.
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. CHECK FOR DIVERGENCE.
GBP/NZD 2 Long Entries After Confirmation To Get Easy 300 Pips This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
gbpnzd looking bullish here let me know what you guys think
looking like nzd will be weak again in the near/mid term outlook gn is at a nice area where we've respected some key areas
disclaimer - information shared is for educational and demo purposes only i realize i am 50-65% accurate with a normal to average risk off // risk/reward of 1/3 +
GBPNZD | BOTTOM OUT?GBPNZD has been in strong bearish trend from the late January of this year. It is trading at important support zone which were reactive in the past (as highlighted in the chart). We are expecting the same from the support as bullish divergence is printed on the chart as well.
Alternatively, breaking below the support will add more pressure in the pair and price can drop to further lows.
Play your levels accordingly.
GBPNZD Long GBPNZD had a massive correction down as predicted in our last short analysis of GBPNZD, we expect the monthly liquidity to be taken before seeing a rejection and a push back up to then settle back into range and eventually make its way back up in this intraday trade. We expect price to continue into the major support zone that we have drawn up, this could take a while for it to reach down to our entry level. BoE monetary policy meeting was positive which will be good for the GBP if it all follows through well. NZD due a downfall on the momentum meter just as GBP is due a push up.
R:R 1:13
GL.
GBP/NZD Full Analysis And 2 Setups Available In This Video !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPNZD(GN) create bullish senario!Hello Traders, Scalpers & Investors!
GBPNZD(GN) cross pair currently create hidden bullish divergence with over sold pattern.
Now I expecting a rebound to retest 1.996xx resistance zone!
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.