gbp/aud -inverted head and shoulders pattern with 1600+ pips potential
GBPAUD Buy Swing Stop Loss: 1.896 Targets: 1.904 1.906 1.910 1.920 1.930 1.940 1.950
lokking bullish trend in daily timeframe we enter after confirmation
Price arrived at 1.9000 with a strong bearish daily candle. Because of this momentum, we should look for a continuation but this region is a strong support as well as a round number. The 1st thing that usually happens before a reversal is an indecision candle (small body with large wicks) appears. At this moment I have no real reason to believe that the uptrend...
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...
After identifying a break of structure on the daily time frame we can determine potential buy setups for the GBP/AUD currency pair. This break of structure coincides with an institutional round number at 1.95000 which adds further significance to the bullish potential. Additionally a bullish order block on the 4-hour timeframe further supports the notion of a...
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 short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.94000. Fundamental analysis: Next week on...
After finally breaking out of the long term resistance @ 1.91 area in July the market made a strong rally stopping shy of the 2.0 price level which as we have seen was a strong resistance level. Is the sell off from this level just some profit taking and are buyers getting ready to position themselves back in the market around 1.91 for another push higher towards...
My analysis of the GBPAUD forex pair is as follows: Market Structure: I have identified the MINOR wave structure, marked in BLUE on the chart. The corrective wave structure, labeled 0A-BC and marked in RED, is also evident. By employing additional techniques, I anticipate that the correction will conclude at the designated point C. Price Action Momentum Channel:...
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...
GBP/AUD has retraced from its YTD highs in three waves, and hinted at a swing low with a Doji yesterday. Moreover, the doji formed at a long-term trendline, historical high and 50% retracement level whilst RSI (2) was in the oversold level. The bias remains bullish whilst prices remain this week's low, with an interim target near 1.9700. Given its established...
Hello fellow traders! GBP/AUD is trading today along the rising support line, which the pair has been following since the beginning of the year. Previously, the pair failed to break the line and consolidate below it. This week, I believe we will see a further rise from the line. I recommend to place a long position from the price of 1.94450. Stop loss at...
Waiting for a retest of 1.93958 to long GBPAUD back to swing highs at 1.99144 If you agree drop a like and if you have any questions leave a comment :)
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...
GBPAUD has maintained support 1.95819 Paying attention for a break and retest of 1.96000 Once a proper candlestick pattern presents we will look to execute a buy order
Hi Fellow Traders, The GBPAUD pair has recently seen an impressive rebound after touching the EMA200 line, indicating a continued bullish trend. Simultaneously, prices have formed a falling wedge pattern, which was later followed by an impulsive breakout from this pattern. Additionally, the MACD Indicator has displayed a bullish divergence. In simpler terms,...