7 hour stoch rsi momentum at 70 bearish cross going down ichimoku signal semi bearish signals already
Based on the Rectangle drawn days ago, the GBPNZD is still expected to the respecting the Resistance that has been tested over and over again. High chances of a sell, as a rejection candle has also formed at the Resistance level. Price is expected to bounce back down.
Hi there. Price is forming a reversal pattern to change its formation. Watch strong price action at the current price for sell.
POTENTIAL TRADE: GBP/NZD Short positions look appealing in this currency pair. As we have observed in the past, price appears to be rejecting the 2.050 level. This currency pair appears to be stuck within this range. Stops should be placed above the green region. Buyers don't have enough strength to push price above the zone of resistance. There have been three...
Hey guys, as we can see we have a divergence on the chart, paired with big drop from the top, so all of those things signal a drop.
bullish pressure is accumulating and buyers are now in an attempt to break above the current market high. in case of a bullish continuation, next level of resistance to consider will be: 2.10 2.15 adjust you trading plan accordingly! have a great weekend!
GBPNZD is forming cup and handle pattern on H1 frame Price rejected from Moving Average 100 and 61.8% Fibonacci level of preceding bullish wave at 2.0259 Pair is supported above key level at 2.0291 Above HVN at level 2.0056 which indicates that pair is in accumulation phase RSI is making higher lows It's expected to target first key level at 2.0432 then continue...
Price is above the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. BO Entry = 2.0303 Stop = 2.0278 Risk = 25 pips Profit target = 2.0378 (the daily projected high) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you. Have a Great...
POTENTIAL TRADE: GBP/NZD In this currency pair, we are looking for short positions. As you can see, we had our fist impulse down as shown by the flag-pole. We are not experiencing a correction in the form of horizontal flag. We are looking for sells at 2.0145 (current market price). ENTRY - 2.0145 STOP - 2.0250 TARGET - 2.0
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
GBPNZD broke upper edge of up channel and then rejected from supply zone at level 2.0435 Bearish movement occurred for retesting upper edge of channel Price rebound from 61.8% Fibonacci level at level 2.0016 Price broke upper edge of falling wedge pattern MACD shows weakness in bearish momentum RSI is in uptrend It's expected for bullish movement to target...
Hello Traders, GBPNZD is going to treat us very well this week if the pattern is correct. Most of the time when im reading the patterns, im getting them right so lets see how this will play out. I'm about to do a live trading video on it, so stay tune and wait and see. Trade Safe - Trade Simple Alex
After a few days with NZD Employment News, we are potentially seeing a downside for GBPNZD to sell. TP: 1.997-1.995