Market structure showing us bearish momentum, broken structures. respecting supply zone retesting liquid area for london session looking for a good risk to reward on this trade
GBPAUD has played out as i predicted; all TP's were hit. for Now GBPAUD is building up momentum so it can be heading up for buys, we wait for it as usual.
- if there's 250pip pullbacks, then its worth looking to add to the trade, otherwise over the weekend, GA's susceptible to 30 pip spreads. - As of 17 Jan, GA is in a 3rd wave and up 500 pips. Best not to trade against a 3rd wave count.
GBPAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9220. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9220 / 1.9260 / 1.9315 Support:...
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.
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.
GBPAUD has reached the resistance level. The chart has been growing for a long time without pullbacks. We think that there will be a price pullback to the 38% retracement level. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Based on the latest technical analysis for the GBP/AUD H4 (4-hour) chart, here's a bearish perspective: *Moving Averages:* - The *Simple Moving Averages (SMAs)* and *Exponential Moving Averages (EMAs)* are indicating a bearish trend with the price below key moving averages. - A *death cross* may be forming, where a longer-term moving average crosses above a...
GBPAUD with the strategy for currencies is giving like never before, just like that the strategy is on fire and money is coming
A #long trade opportunity recently presented itself on the #poundaussie (#GBPAUD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 1.91028 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see...
GBPAUD is practically neutral on its 1D technical outlook (RSI = 44.487, MACD = -0.002, ADX = 28.797) as the LL leg of the Channel Down was negated by the Double Bottom that was formed today. The 1D RSI turned upwards on a HL trendline and this is a short term bullish call, targeting the top of the pattern (TP = 1.94000). See how our prior idea has worked out: ...
Long Idea Daily FVG Structure Idea: Gbp Aud 📈 BUY MARKET Price zone 1.92110- 1.92300 TP1: 1.92600 Tp2: 1.93980 SL: 1.91820
Price had broken a resistance level i expect a retest and then move upside
Reason to Buy 1. Bullish RSI Divergence at 4H TF. 2. Bullish Engulfing Candle. 3. Taking Support from Horizontal Support Area.
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.
Here is our detailed technical review for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.919. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon. P.S The term oversold refers to a...