So Basically We are In on GBPAUD, On a Longterm Buy Of 300 pips Plus. So we are Waiting Patiently For A short Confirmation Before Making a Buy Moves. Confirmation entry at the Blue line area Which is @1.76596 That’s the Buying area, So let’s move on to the short before the Buy GBPAUD SELL 129 pips SL: 1.78331 TP: 1.76596 Then For our Major Buy which we are...
So Basically We are In on GBPAUD, On a Longterm Buy Of 300 pips Plus. So we are Waiting Patiently For A short Confirmation Before Making a Buy Moves. Confirmation entry at the Blue line area Which is @1.76596 That’s the Buying area, So let’s move on to the short before the Buy GBPAUD SELL 129 pips SL: 1.78331 TP: 1.76596 Then For our Major Buy which we are...
I expect drops near the lower limit of the designated channel. Buy entry is around 1.79. TP around 1.85 where there is resistance marked after the peaks on the weekly interval. About 600 pips to gain. P.S. This is not financial advice of course, just my idea.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
#GBPAUD ( British Pound / Australian Dollar ) - Breakout the Previous Strong S / R Level ( 1.79415 ) and Completed the Retracement - It can Follow Some Bullish Moves till the Upper Trend Line #UTL at Daily S / R Level ( 1.81840 ) - BOS in #LTF
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Buy. Enjoy the day all. Cheers. Jim
Looking to see if price is going to make a push up on the 1-4hr, if we do see that ill be looking at areas to buy from... ONLY look for buys if we see some bulls set back in at the current time I still do expect to see price tap into support!
Some rebalancing of sell orders must take place to allow GBP to continue higher towards 1.82000. As usual, look for lower timeframe reversal confirmations. Good luck!
#GBPAUD ( British Pound / Australian Dollar ) LEADING DIAGONAL in Short Time Frame #STF Rejecting Demand Zone ELLIOT WAVES - Completed " 1234 " Corrective Wave at Fibonacci Level - 50.00% Selling Divergence
No trades at the moment but just sharing the area ill be waiting if price can make a retracement to it. If price does make that short term downside move ill update the reversal moves ill be looking for from there and hopefully we can catch that next leg up!
Hello traders! ‼️ This is my analysis on GBPAUD . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill that gap and then to reject from support. Like, comment and subscribe to be in touch with my content!
Nice risk reward trade idea off this current 1hr resistance which also lines up with the other pairs I'm looking at (AUDUSD pullback). Morning star formation on the 1hr so we should see price push up from current price!
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
I will be taking two trades here: A long to 1.80 area A short to 1.59 area why short? Pound is still weak af why long? There is still more upside to cover. There are equal highs that are too obvious for algorithm to ignore. Also the uptrend is not done yet.
price make bearish channel pattern before but the price already touch the support from the channel and it will be chance for bunching up to the target, the other confirmation has made it like big green candle so i can take a trade on it. Remember use your own money management
GBP-AUD broke the falling resistance Which makes me locally bullish biased So I think that after the pullback and retest We will see further growth
So price got messy and didn't respect the push up we simply got a pump and now price is back in a much easier zone. The next level ill be watching for buys is 1.69400, if we see rejection from here once more ill be look at taking advantage for a long back to 1.7 at least.
GBP-AUD broke a key horizontal level AT 1.70335 As the pair is making a bullish correction From the last bottom formed And we are seeing a bullish breakout Of a horizontal key level Which indicates that after the pullback And retest the pair will most likely keep growing