FX:GBPNZD
As you can see that, GBPNZD is in consolidation more than 2 days. If it breaks the resistance then we can plan for buy side. plan your trade accordingly...
FX:GBPNZD
As you can see that GBPNZD is formed uptrend channel pattern in 4HR time frame, If it gives breakout and takes retest then we can plan for buying side ( wait for breakout )plan your trade accordingly...
GBPNZD Bulish Trade Opportunity
Its recently retest the support area and the formation of a reversal candle on that level, it's a favorable opportunity to initiate a buy trade with a good risk-reward ratio.
GBPNZD Bullish trade opportunities
its overall Bullish trend and its breakout the resistance line here is a good opportunity to buy the trade target mentioned in the chart
GBPNZD -LONG setup.
GBPNZD reaches the perfect DAILY support.
Most probably next 2 weeks, this currency pair will be in an uptrend for the next two weeks!
GBPNZD is on a symmetrical triangle (bearish triangle) on the weekly time frame although we are looking at a potential uptrend to hit the resistance on top and then a continuation to the downside..
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#GBPNZD weekly bias looks bullish. The buyer’s price of interests are 1.9427, 1.9352, 1.9287, 1.9238
The possible targets are 1.9550, 1.9796
These analysis are based on the current market swing and we update our views based on the upcoming future swings
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#GBPNZD Daily momentum is bullish. buyers price of interest are 1.93290 1.93110 1.92830 1.92390
The possible targets are 1.94600 1.95100
These analysis are based on current market swing and we update our views up on the upcoming future swing
GBPNZD Weekly momentum is upside.Buyers price of interest are 1.9039,1.90170,1.89890 and 1.9260, 1.9380
This analysis is based on current market swing and we update our views up on the upcoming future swing
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.9485).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPNZD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
The cycle in wave (W) ended at 2.0566 where the 4 hour is turning down. While below the 1.9839 highs where the hourly is turning down the pair can continue lower again to correct the cycle up from the 12/12/2018 lows.
The pair has formed an inverted head and shoulder patttern on daily basis. The prices are at the bottom of the second shoulder and is supported by 21 days EMA. Buy the pair as soon as the prices sustain above the necline at 1.93541 i.e. a daily closing above this level. The price may hover between the height of the second shoulder which is a good sign before a...
