As we can see that GBPAUD has rejected from the confluence of trendline, resistance and 0.50 fib level so all these confirmations indicates towards the high probability of the setup. So we can plan short trade over here.
GBPAUD is in strong bearish trend. As the market is consistently printing new LLs and LHs. currently the market is retracing a bit after last LL, which is 50% Fib retracement level and local support as well. if the market successfully sustain this selling confluence the next leg lower could go for new LL. What you guys think of this idea?
GBPAUD has formed a bullish flag. The chart is above the dynamic support. We think that after retesting the current support, the price will rise to the 50% retracement level of the last bearish impulse. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Hello Traders! GBPAUD has formed as double top formation on the daily , lets short go short!
GBPAUD has recently bounced from the weekly support and had printed the first HH , so its time to place buy stop over the HH.
Market flew up to resistance zone higher time frames now we are respecting this area with lower time frame candles created a low and restesting. looking to short this and waiting for London session to push market down to next clear support area.
Looking for the second touch here with maybe a liquidity take on the 15min
GBPAUD is showing bullish divergence and it break its Last LH plus its Trendline which shows potential HH buy on breakout of Last LL
GA his currently on a down trend but with momentum slowing down we need to be cautious trading this pair as this pair is highly volatile and does not always obey structure. Use great Risk management if trading this pair.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.93000. Like, comment and subscribe to be in touch...
Please, check our technical outlook for GBPAUD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.915. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.929 level. P.S Overbought describes a...
GBPAUD has been trading in strong Bearish Trend, however divergence has been observed, followed by a Double Bottom Pattern, which further confirms a reversal in trend. Trade Call: Long Entry: 1.92251 SL: 1.90842 TP1: 1.93651 TP2: 1.95051
Long Opportunity Unfolding on GBPAUD. Let's see where it goes.
welcome here is my gbpaud short idea its based on overall bearish market price could melt right away further AUD cpi data released today 3.30pm , could effect price massively
GBPAUD- PRE-OPEN IDEAS. Possible buy if bullish open. Currently ranging and slow open could produce opportunities on 200 EMA (D).
"Our ironclad departure plan: activating the 1R break-even function, initiating the 2R trailing stop, all executed through our in-house EA tool."
Reading the waves and Speed Index 1. After the High up Volume wave the reaction a Down volume wave with very high PVR 2. Fake Break with a very fast Speed Index of 2.5 3. Abnormal Speed Index of 15.4 with PRS signal = sellers Price dropped to Fib , next is to monitor reaction on Fib, bias is to continue Short