Hey Traders, Check this sell opportunity on GBPAUS, after the break of the lower band ascending channel. Price went back up to retest and confluence with the previous OB / supply area. After the break of the ABC pattern, a sell opportunity can be look for. Alternatively, a break above the supply could mean more bullish movement Stay close.
⭕ This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
My technical analysis : 1. Trend (h4) is still good 2. Price breakout 3. A good price action signal (h1 timeframe)
OANDA:GBPAUD The pattern is ideal and in the one-hour timeframe, in addition to breaking the upper line, it has also made a pull back.
GBPAUD formed falling wedge pattern and we can see the breakout...opening longs here with a target of 1.8900
We expect long positions as a pullback until the middle of 50 and 61.8 of Fibo before the price pushes back to the downtrend. My target would be 1.88415 for buying entry of this pullback. Note: this is not a financial advice
Here is my view for GBPAUD on D1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
✅GBP_AUD is trading an uptrend Along the rising support line Which makes me bullish biased And the pair is already making A bullish rebound from the support So a further move up is expected With the target of retesting the level above at 1.877 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPAUD forms a rebound from strong support and seeks to test a key resistance that could send the price down. TA on the high timeframe: 1) We have a strong uptrend 2) The price forms a technical pullback from 1.9000 and is testing a key support base, a break of which could form a reversal and a deep correction TA on the low timeframe: 1) Support area at 1.86335...
GBPAUD is on neutral 1D technicals (RSI = 51.795, MACD = 0.008, ADX = 21.379), which indicates high upside potential inside the two month Channel Up into Rising Megaphone pattern. In addition, the price is holding the 4H MA200. Target the top of the Channel Up (TP = 1.92000). ## If you like our free content follow our profile to get more daily ideas. ## ##...
Still I think this gonna go up, I've closed my first entry on Friday but today price reached the planned stop. I will place a buy limit there. Remember: Take some profits if the trade is going as planned and move your SL to entry.
It is very interesting when the Trendline on H4 gives a breakout signal.
The GBPAUD currency pair is in an uptrend by reaching a PRZ zone. 🌟The bullish signals in the PRZ area are: - Support area - Pivot S1 monthly and S1 weekly - Trend line - Moving EMA200 ❗ and the bullish signals of market momentum are: - bullish Divergence in MACD ⭐ Note that the price has reached the PRZ zone and the entry will be activated when the downward...
The GBPAUD pair is trading within a Channel Up pattern since the February 02 Low. With the 1D MA50 (blue trend-line) supporting, it is attempting to fill the Gap form January 28 2022 and test that Resistance. As long as its holds we will be bullish targeting 1.92300. A closing below the 1D MA50 will be a sell signal, targeting the 1D MA200 (orange trend-line) on a...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Bat pattern on GBPAUD Entry mentioned in chart along with stop loss Target 🎯 fibo 0.382 , 0.5 . 0.618 Mentioned in chart
A Bullish Butterfly Pattern retest give traders who were looking for buying opportunity to engage the trade. What I like about this setup is that a clear RSI Divergence is within the butterfly pattern
Waiting for a retest of 1.86338 to long GBPAUD back to prior highs at 1.90015 If you agree drop a like and if you have nay questions leave a comment :)