GBPNZD Short Side Trade PlansContinuous short side downtrend persisting, re-short areas hit. Any further NZD strength may incur pulls. No big diff between Monetary approach.Shortby WillSebastian335
GBP/NZD BEARISH BIAS RIGHT NOW| SHORT Hello, Friends! GBP/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 9H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 2.138 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals111
gbpnzd flag formationgbpnzd has been in an uptrend since the end of 2023, and has formed a flag formation on the 4-hour chart. If broken, it will rise to 2,185.Longby foxforex36
GBPNZD is in Selling Direction Hello Traders In This Chart GBPNZD 4 HOURLY Forex Forecast By FOREX PLANET today GBPNZD analysis 👆 🟢This Chart includes GBPNZD market update) 🟢What is The Next Opportunity on GBPNZD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartsLongby ForexMasters20001
Pushing up hard right now. GBPNZD. Buy for huge profits GBPNZD has not crossed up hard with buyers as its renowned for this pair, since around the end of October. Look at the bullish candle and tail showing the flush of buying right now in this 1hr candle. Standby. Longby Easy_Explosive_TradingUpdated 0
GBPNZD BULLISH BIAS 1/12/2024Prices have pulled back to the 50 EMA on the daily chart, where there are numerous long lower wicks. This indicates that buyers have reacted and are preventing prices from falling below the 50 EMA. This area aligns as a confluence point since it represents former resistance turned new support and coincides with the Fibonacci 0.382 level. The Anchored Volume Profile also highlights this price level as the "Point of Control." If a bullish engulfing candle forms, it would indicate positive momentum and could provide an opportunity to enter a trade.Longby Trader-Berke0
GBP/NZD Game Changing Opportunity? Watch Closely!Primary Context The chart displays a long-term structural analysis on the 12M (Yearly) timeframe, revealing a potential major market setup unfolding. Key areas of interest and decisive moves are clearly marked, showcasing a calculated roadmap for the pair's next moves. Key Observations The highlighted purple triangle illustrates an expanding structure with long-term corrective patterns completing their cycle. Notice the marked (W), (X), (Y) waves, indicating a complex correction nearing its end. Significant Zones Sell Side Liquidity (SSL): This is a key liquidity zone (12M), where stop-loss clusters are likely placed by retail traders, providing an area of interest for potential reversal or further bearish continuation. Buy Side BSL (Break of Structure Level): A potential trap zone where an early breakout could cause retail traders to chase moves prematurely, providing institutional players an opportunity for manipulation. Equilibrium and Discount Levels The 50% equilibrium zone highlights a critical balance point between buyers and sellers. Premium and Discount Areas: Price is hovering near a potential discount zone, creating a favorable environment for long-term buyers looking to enter at value. Current Market Position: Point of Rejection The recent move marks a potential failed new low on the 12M chart, which might serve as a protected swing low. If this level holds, it could signify the formation of a major impulsive wave upwards. Dealing Range Current Weak High A recent high suggests the market is testing liquidity, leaving traders anticipating whether this will lead to a range breakout or a false move. Future Scenarios Bullish Case If the low (around 1.67055) remains protected, expect the market to retrace upward toward the dealing range’s equilibrium (3.72210) or higher. Confirmation will come from a break of internal BOS (Break of Structure) toward the upside. Bearish Case A sustained breakdown below 1.67055 invalidates the bullish view, opening the path for a continuation towards lower liquidity zones. Traders should monitor for further signs of weakness or momentum shifts near critical levels. Strategy Execution For Buyers Await a strong confirmation of support near 1.67055. Target zones include the equilibrium (50%) and premium areas for profit-taking. For Sellers Look for liquidity sweeps or a rejection of weak highs, indicating exhaustion before entering short positions. Use liquidity run areas (marked in purple) as guides for potential profit targets. Key Takeaway The GBPNZD chart is setting up for a highly strategic long-term move, with strong implications for traders looking to capture significant trends. Whether you're bullish or bearish, patience and alignment with liquidity zones are crucial for success. Longby spaceangelUpdated 119
GBPNZD: Poised for a Breakout?GBPNZD is currently forming a bull flag pattern, signaling the potential for an upward move in the near future.Longby The_Traders_Memoirs0
GBPNZD, Cup and Handle FormationCup and Handle Formation After cup completion, handle in progress Currently trading in Rectangular channel Bullish Divergence appeared Weekly resistance is to break for new highs Buy with Buystop on break of rectangle and weekly Resistance Target Towards neckline on Cup and Handle Stoploss below rectangular channelLongby itsrohansaeed3
WajaniTV AnalysisWith a strong resistance at level 4, coupled with the HL and LW as from 1-4, the bears are ready to push the market downward. What are you thoughts?Shortby racyrace220
GBP/NZD DIRECTIONGBPNZD market overall is bearish,in one hour we can wait for price to break our high low before starting to sell.Shortby farajamwambagi3
GBPNZDBulish Flage Continuation pattren at 4H time Frame. also Bulish Divergence at current HL . so my bias is Bulish anticipate is hit my target projection of Bulish flage poll leg.Longby Trad3MaX-AdEEL3
TradeCityPro | GBPNZD : Critical Levels and Market Momentum👋 Welcome to TradeCityPro! In this analysis, I will review the GBPNZD currency pair on the daily timeframe. ⏳ Daily Timeframe: Higher Highs and Ascending Trendline In the daily timeframe, the market is displaying higher highs and higher lows, indicating an uptrend. Along with this trend, an ascending trendline can be observed, to which the price has reacted three times so far. 🔼 Currently, after reaching the resistance at 2.18921, the market has entered a correction phase, with the price pulling back to the 2.11346 level. As long as the price remains above the trendline, I consider the market trend to be bullish. 📈 If the resistance at 2.18921 is broken, the uptrend is likely to continue, with the first target for this movement being 2.22652. 🔽 On the other hand, if the trendline is broken and the price breaches the 2.13682 or 2.11346 levels, bearish momentum will enter the market. In this case, the first target will be 2.06414, followed by the second target at 2.00732. ✨ The RSI oscillator is currently indecisive and fluctuating around the 50 level. The RSI trend in the near future could determine the market’s momentum. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️by tradecitypro1116
GBPNZDThis Weekly FORECAST Opportunity for GBPNZD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR). Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Longby TREND-TITAN1
GBPNZDGBPCHF This is my point of view today Help me if there is a mistake Or tell me your point of viewLongby trvtour10
+100/+200 pips gbpnzd m20 short from resistance short-term🔸Hello traders, let's review the 20 minute chart for GN today. Price contained withing sliding bear channel previously rejected multiple times from overhead resistance. 🔸Currently expecting price to pump into overhead resistance and complete a double top at 1610, that's the likely PRZ level. 🔸Previously rejected from overhead resistance, sequence of lower highs in progress and expecting yet another rejection into double top and also re-action with the bear channel. 🔸Recommended strategy for GN traders: short sell high at 1610 SL 50 TP1 +100 pips TP2 +200 pips final exit at 1400. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss. Shortby ProjectSyndicateUpdated 1919217
GBPNZD_SHORT OPPORTUNITYGBPNZD will show a Bearish Trend based upon the factors mentioned in the chart on Technical and Fundamental basis. Shortby MBS-TRADES0
GBPNZD Bullish Setup – Inverted Head and Shoulders PatternA potential bullish reversal is forming on GBPNZD, driven by the emergence of an Inverted Head and Shoulders pattern on the chart. Left Shoulder: A decline followed by a rally to form a local high. Head: A deeper dip forming the pattern’s lowest point, followed by a stronger recovery. Right Shoulder: A higher low, signalling weakening bearish momentum and potential bullish strength. The neckline is identified at , acting as a key resistance zone. A breakout and close above this level could confirm the reversal and initiate a bullish trend. Entry Strategy: Wait for a breakout and possible retest of the neckline as support to confirm the move before entering a buy position. Stop Loss: Place below the right shoulder’s low to protect against invalidation of the pattern. Stay mindful of fundamental factors influencing GBP and NZD that could impact price action, and always trade with proper risk management.Longby ellienes0
GBPNZD bull flag pattern looks...bullish!Intraday Update: GBPNZD slammed back to key support today near the 2.1375 level following the RBNZ, but overall still in a bull flag pattern. The current level near the 2.1400 level may offer a good risk/reward for longs. Longby ForexAnalytixPipczar5
gbpnzd buy signal. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeLongby wavesscoutforex11114
GBPNZD Bearish Opportunity: Short Setup Near Key ResistanceThe GBPNZD pair on the 4-hour timeframe is displaying signs of a potential bearish continuation. The price is facing resistance from multiple technical factors, and indicators suggest a possible reversal to the downside. Here's the breakdown: Key Resistance Levels: The pair is testing the supply zone around 2.1550–2.1600, which aligns with a recent bearish "3s-Bear" signal. The price remains below the 50 EMA and 200 EMA, confirming a bearish trend. Indicators: The Stochastic RSI is in overbought territory, signaling potential downside momentum. The price has rejected the resistance zone multiple times, indicating strong selling pressure. Entry Point: Consider entering a sell position around 2.1550–2.1570 if the price shows rejection at this level (e.g., bearish engulfing candlestick). Stop Loss: Place the stop loss above the resistance zone at 2.1620 to account for potential false breakouts. Take Profit: Target 1: 2.1500 (recent support zone). Target 2: 2.1430 (major support level below). Risk-Reward Ratio: This setup offers a favorable risk-reward ratio of approximately 1:2 or better. If the price breaks and closes above 2.1620, the bearish bias will be invalidated. Monitor price action closely and adjust the trade plan as necessary.Shortby fxplusinsightsUpdated 2
GBPNZD BUY GBPNZD potential going up direction till it reach target, for many reason....Longby Fibpip2
GBPNZD BULL RUSH Hello Traders! 👋 The GBPNZD pair broke ABOVE a key level. This breakout signals potential further downside movement in the pair. I will be going for a 1:2 on this trade Follow and comment ! ❤️Longby SpaceLagFX1