H1 - Bullish trend pattern. Currently it looks like a pullback is happening. No opposite signs. Until the two strong support zones hold my short term view remains bullish here.
In this trade, I'm taking a counter-trend approach, spiced up with a touch of adventure on my second target. The convergence of the Fib-3 Bat Pattern with the Deep Gartley Pattern setup is a remarkable alignment. The addition of RSI Divergence serves as the icing on the cake. Once the market reaches my first target, I'll be making the prudent move of shifting my...
This is the 2week chart for GBPAUD. We're in a 535 zigzag pattern. We can see that we've completed wave B (3), which was an ABC correction. We are now in wave C and anticipating a 5 wave move down, in line with the 535 zigzag schematic. On lower timeframe we'll be looking for this current correction to breakdown. Trade Idea: - Watch for current correction to...
Nothing lack of news on both GBP and AUD, using this + confirmations on its negative correlation with gold but smaller volatility risk.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short position. I want price to continue the retracement to fill the imbalance higher and then to reject from bearish order block. Fundamental news: Next week on Tuesday will be released Cash Rate...
Long GBPAUD after some nice consolidation at the low Thur/Fri last week. We've been in a Daily range since mid September and after a recent top to bottom move we've seen accumulation at the end of last week, as shown on the 30m TF with the double bottom spikes. Profit target at the Daily range high at 1.9300, but there is a scenario where we break it? More on...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
#GBPAUD UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today, Anna is monitoring the GBPAUD. GBPAUD is in a down trend in the higher time frame, also it is going to form a rejection or indecision candle, where we can see a good bearish move. Also we had a supply zone which is the another...
Top down analysis price broke out of a rising wedge on the daily and is in a correction pattern to the upside on the H1 and is currently making LL's and LH's which if respected should support the short idea in my diagram which is focused on a bearish Bias... Good Luck
EVENING, GBPAUD approaching a key level expected price to continue the bearish trend. Wait for price to come to our area and when it reject we can then try to enter. Use accurate stop loss and take profit. Thanks all!!
After a period of consolidation, GBPAUD appears to be resuming its downtrend. It's essential to exercise caution tomorrow, as a lack of increase in interest rates by AUD could potentially trigger your stop-loss and it's advisable to enter the trade with lower leverage.
Welcome back! Let me know your thoughts in the comments! ** GBPAUD 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. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello Traders In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET today GBPAUD analysis 👆 🟢This Chart includes_ (GBPAUD market update) 🟢What is The Next Opportunity on GBPAUD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.9027 - 1.90157, which is a pullback resistance that aligns with 38.2% Fibo retracement. Our take profit will be at 11.8913, a swing low level. The stop loss will be placed at 1.9113, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
GBP/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.90281 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.91000 which is a level that sits above the 61.8% Fibonacci retracement level. Take profit is at 1.88986 which is a...
Trading Plan/Signal Currency Pair: GBP/AUD Action: Sell Entry Price: 1.88326 Stop Loss (SL): 1.94732 Take Profit 1 (TP1): 1.85227 Take Profit 2 (TP2): 1.72405 Reasoning: The trading plan involves selling the GBP/AUD currency pair. Here's the rationale behind this decision: Head and Shoulders Reversal: The analysis has identified a head and shoulders...
This week, GBPAUD introduces an element of confusion into the FX market. On the Daily Chart, two opposing trading setups vie for attention. There's the Bearish Flag Pattern, offering a shorting opportunity, yet simultaneously, a Type2 Bullish Fib3 Bat Pattern emerges. With the right filter, one can discern which trading setup is likely to be the more profitable...
this is nothing but a follow up for my 1000+ pip trade idea so far 500/1000pips. GBPAUD will continue to go down in my opinion the market trend has changed bearish , forming lower highs if the market breaks below that level we can see a futher continuation ! if anyone caught the move from my analysis send me your results and congratulations ! more to come...