Retests on the Charts, Resets in the Mind

Author

FX Rocket Profits
September 04, 2025

In partnership with

Pullbacks, Necklines & Getting Back in the Zone

This week’s setups are all about retests — in price action and in mindset. GBP/NZD is circling back to a former resistance zone after sterling’s slide, while Bitcoin is revisiting a broken neckline that could decide whether the recent drop deepens or reverses.

But it’s not just charts that need recalibration. Coming off a break — whether it’s a summer holiday or a trading hiatus — demands a mental reset. The market doesn’t slow down for anyone, and the ability to shift from “beach mode” to “beast mode” can be the difference between catching the next move or chasing it.

⚡GBP/NZD’s Potential Pullback to a Previous Resistance

  • Sterling weakness pushed GBP/NZD below a key zone; now eyeing a pullback toward 2.2700.

  • The level aligns with the 50% Fib of August’s rally, 200 SMA, and prior resistance from June–July.

  • A bounce could target 2.2900–2.3200; a break lower opens 2.2500–2.2300.

🔥Bitcoin (BTC/USD) Retesting Broken Neckline

  • BTC/USD broke below $112.5K–$115K support, finding a floor near $107K.

  • Price is now retesting the former support zone; 100 SMA below 200 SMA hints at bearish bias.

  • Resistance could hold for a drop to $109.7K or $105.9K; a break higher reopens $118.4K–$123.1K.

📊 From Beach Mode to Beast Mode: Get Your Trading Mojo Back

  • Post-break trading can be rusty — focus, catch up on fundamentals, and prep mentally & physically.

  • Start small, respect new volatility conditions, and avoid chasing “lost time” trades.

  • The market rewards preparation, not speed.

This issue blends technical precision with trader psychology. GBP/NZD and BTC/USD are both at inflection points where patience and planning matter more than prediction. And if you’ve been away from the screens, Dr. Pipslow’s guide is a timely reminder: the best trades often come after you’ve re‑centered, not rushed back in.

Happy Trading!

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