NZDGBP trade ideas
GBPNZD LongTaking a GBPNZD long continuation trade. All of my technical analysis, indicators and confluences are currently indicating a long position.
GBPNZD 30Intraday Bullish: After a Choch on the 15 minutes timeframe with strong momentum candle stick so I expect the price to rise. 2.14750 as take profit then 2.15030 in extension. Good luck 🤞🤞🤞
GBPNZD I Technical forecast and trading plan Welcome back! Let me know your thoughts in the comments!
** GBPNZD 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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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBPNZD PRINTING REVERSAL PATTERAN ON 1HTechnically:
GBPNZD is printing Double top pattern which is clearly indicate the reversal.
BXY is Bearish on Daily time frame
ZXY is bullish on daily time frame
Fundamentally:
COT reports of this week and previous weeks clearly shows that Big players consistently
increasing shorts positions of GBP and long positions of NZD.
Sentiments:
GBPNZD 90% Shorts.
Trade Plan:
Entry :2.17825
Stop Loss: 2.18960
TP1: 2.16671 (1:1)
TP2: 2.15535 (1:2)
Take Trade Your own Risk
Good Luck
GBP/NZD 2 Entries +500 Pips 0 Drawdown,New Entry To Get 500 PipsThis 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 Simple Plans (Long Mainly)GBPNZD has dripped incessantly from previous highs.
Key support lurks below, ideal area to scale in long.
No shorts, unless signif rebound back towards prev highs.
#GBPNZD more bearish move to comeThis is my prediction for GBPNZD for the next couple of days.
As you can see in the chart, the price seems to be completing a 5-wave bearish impulsive move, which could end by tomorrow.
Following this bearish move, we could assume a bullish corrective ABC formation, which could take us all the way back to the level indicated by the arrow.
From there, we could expect another impulsive bearish move, which could be either wave 3 or wave C.
We do not know this for sure at this point, so we should wait and analyze the price action once the time is relevant.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
10. GBP/NZDGBP/NZD reached a premium overbought area. Yechnical analysis concludes that price is going to reverse downwords. Main focus is centerd on oscilators. MACD on D is bearish, as well as OSCM optical 4H long term precision. There are also two Fair Value Gaps on discount (take profit) zone.
This is the first time tryng out the optical 4H oscilator preset. PEPPERSTONE:GBPNZD
Overvalued Pound and Shift to KiwiFundamentals & Sentiment
GBP:
- Overbought for a while according to CFTC and other Internals
NZD
- Strength shifts from Aussie to Kiwi according to Internals
- Australia released weaker CPI, speeding up the flow out of the AUD to the alternative - NZD.
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Up
Long-term: Up
Min target: mirror level, 3R
Risk: 0.24%
GBPNZD MARKET OUTLOOKPrice is falling and currently trade at 2.16097 upcoming economic events are being monitored for a possible shift from Intraday bearish to bullish before we can open buy positions. Once buyers resonate again, we gonna go bullish again.
GBP_NZD BULLISH BIAS|LONG|
✅GBP_NZD is going down to retest a horizontal support of 2.1530
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above at 2.1664
LONG🚀
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GBPNZD - Long from bullish order block !!Hello traders!
‼️ This is my perspective on GBPNZD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 2.15000.
Fundamental news: Tomorrow (GMT+3) we will see result of Interest Rate on GBP, news with high impact on currency.
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GBP/NZD Analysis and Sell Trade Review
### GBP/NZD Analysis and Sell Trade Review
#### Market Context:
1. **Swing High Taken Out**: This indicates that the market has reached a new high, possibly triggering stop-loss orders from traders who were short. This event often signals a potential reversal or significant pullback as liquidity above the swing high is captured.
2. **Fair Value Gap (FVG) Created**: An FVG represents a price imbalance where the market moved rapidly, leaving a gap in the order flow. This gap can act as a resistance area where the price might reverse or consolidate before continuing its previous trend.
3. **Change in Status Delivery**: This term suggests a shift in market dynamics, potentially indicating a change from bullish to bearish sentiment. This change might be confirmed by a break in market structure, such as the formation of lower highs and lower lows after the swing high is taken out.
#### Sell Trade Setup:
Given these conditions, here is a structured approach to a sell trade:
1. **Entry Point**:
- After the swing high is taken out, wait for the price to enter and react from the FVG. Look for bearish reversal patterns or confirmation signals, such as bearish candlestick formations (e.g., pin bar, engulfing pattern) or a break below a key support level within the FVG.
2. **Stop Loss**:
- Place the stop loss above the recent swing high or above the upper boundary of the FVG. This helps protect against false breakouts or continued bullish momentum.
3. **Target Levels**:
- The first target could be the nearest significant support level or the low of the previous consolidation range.
- Further targets can be set at key Fibonacci retracement levels or prior swing lows, where price might find support.
#### Trade Management:
- **Risk Management**: Ensure a proper risk-to-reward ratio, ideally aiming for at least 1:2 or 1:3.
- **Trailing Stop**: As the trade moves in your favor, consider trailing the stop loss to lock in profits and minimize potential losses.
- **Monitoring News and Events**: Keep an eye on economic news and events that might impact GBP/NZD, as they can cause sudden market volatility.
#### Example Scenario:
- **Entry**: After price takes out the swing high and enters the FVG, a bearish engulfing candle forms, indicating a potential reversal. Enter a sell position at the close of this candle.
- **Stop Loss**: Set the stop loss above the swing high.
- **Take Profit**: Set the first target at the previous swing low, and additional targets at further support levels or Fibonacci retracement zones.
By following this structured approach, you can manage your GBP/NZD sell trade effectively, aligning with the observed market conditions and technical analysis.
My Entry Reasons And How To Make 2500 Pips Weekly 0 Drawdown !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.
GBP/NZD New Entry Valid To Get Another 200 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.
GBP/NZD Gave Yesterday +140 Pips 0 Drawdown , New Entry Valid !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 is BearishPrice was in a strong uptrend, however the matured bearish divergence seems to be playing out as first lower low is printed successfully. Once that is broken, we can expect more downside in coming days as per Dow theory. Targets are mentioned on the chart.
GBPNZD - ShortThe Price has given a breakout from double Top neckline at 2.19239
Sellers will remain in control below necline support.
Before forming double Top, we have observed Bearish divergence. The downtrend is expected to remain valid till 2.1268
GBPNZDGBPNZD made a bearigh devergence at the top. lets see how it plays out. its on a larger timeframe so it might take couple of days to hit sl or tp.
Trade Alert: SELL Now to 2.12, Then BUY Big to 2.20??This pair has surged over the past few weeks, nearing last year’s high at 2.158 and approaching several key high timeframe (HTF) levels.
First, we have the 2020 spike high, which reached the monthly SUPPLY/SELL zone created in June 2016. As shown in the chart below, just above that zone is the 61.8 FIB level from the Brexit decline that began in August 2015.
We are likely heading towards these levels soon. However, I anticipate a short-term sell-off towards the 2.12 level first, given the extreme overbought conditions across all lower timeframes, coinciding with last year's high.
My strategy is to wait for the next SELL signal on the 2-hour to 6-hour charts using my TRFX indicator, targeting the 2.12 level. I will closely monitor this setup, as the drop may not reach 2.12, and will trail my stop after securing the first 100 pips in profits.
As mentioned, this pair is likely heading towards 2.20 or higher in the coming months. Therefore, I plan to buy into the short-term dips to target those higher levels.
To confirm this, I want to see a retracement towards 2.12, followed by a bullish signal. Given this pair’s nature, it could easily surge to 2.20, presenting a significant selling opportunity with the potential for substantial profits.
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GBPNZD AnalysisGBPNZD is currently in a bullish trend, but a bearish divergence has appeared on the last two higher highs, forming a double top. If the price breaks the neckline at the last higher low, it will indicate a reversal to a bearish trend.
GBPNZD SHORTGBPNZD had mad a major move to the upside over the past few weeks. I believe price will end this monthly candle with a considerable wick before it continues to move up.
