price uptrend ke bd ek wide range mai consolidate kr rha h and resistance pr phoch chuka h so wait for breakout then buy kr skte h but abhi reversal signal bhi de rha h hanging man bna kr do bearish candle bnai h entry to activate hui h but strong bearish candle nhi h to doubt full lg rha h
GBP NZD upside move possible Buying above the 2.09273 Stoploss 2.06676 Target 2.13669
GBPNZD trade idea with HIGH FRQUENCY TRADING BUCKS this is a high probalility setup with simiplified suppy and demand
This pair gradually come my marked point, so trade on downtrend .
FOREXCOM:GBPNZD - This GBPNZD 4hr Setup idea - React from 4hr zone - expecting 500 pips fall - rejection with Big candle
GBPNZD 4 Hour Analysis (15 June 2023) 1. Price is following a bearish trend also we can see that price is reversing from the trendline 2. We have important fib levels for price momentum analysis 3.If price breaks, KL1, we have to wait for retest 4. If price still stays in bearish our tp can be on 0.236 level 5. Next, if price crosses KL2, we can expect...
Reasons for taking this trade bearish: 1. It’s currently in a downside correction on higher timeframe 2. It’s in a downtrend on the current lower time frame 3. It gave a 78.6 - 88.6 rejection on the fibs
GBPNZD 4 Hour Analysis (9 June 2023) 1. T1 and T2 are the trendlines that is making a zone 2. D line has already made a previous divergence with AO 3. Now, price is in a range 4. We need to wait for range break 5. If range breaks, also we need to wait for retest for bullish or bearish entry
Friends you can take sell from here as short term but after correction it will go down more .
I was analysis GBP/NZD is making continuous bearish in 4H timeframe, now I"m just following SMC concept oder block here is the complete analysis to trade GBP/NZD
Price approach at area of value and made continuation pattern of acending triangle pattern formation and breakout once we get pullback or any other confluence we expect buying opportunity
Greetings traders, At Gold Signals by Professor, we're excited to bring you our latest analysis on the FX market. Based on our technical analysis, we're recommending a Sell position for traders. Our analysis indicates that GBPNZD if sustains below the crucial level of 2.04101, it's likely move down to 2.00666. These levels represent significant resistance areas...
higher time zones at least to the trendline it would fall
GBPNZD 4 Hour 1. A proper divergence (you can see the result after divergence) 2. Bullish dominance breaking 3. Now its testing the trendline, we have to wait for a next second entry
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.
We saw GBPNZD Short Because, GBPNZD Ascending Trend Line Breakout and Retest Complete.