Prices are on bullish momentum and abiding by our bullish trendline. We see potential for a bounce from our buy entry at 1.85215 in line with 50% Fibonacci Retracement towards our Take Profit at 1.86311 which is an are of Fibonacci confluences. Prices are trading above Ichimoku clouds and also RSI are showing bullish momentum. Any opinions, news, research,...
Here is the 1 Hour GBPAUD chart . This is a clear trend to see. downtrend motion, then it stops to consolidate sideways , before continuing the down trend motion.
Price broke out of the ascending trendline support, signifying a bearish momentum. We can expect price to drop from the pivot level in line with 23.6% Fibonacci retracement and 61.8% Fibonacci projections towards the take profit level in line with 100% Fibonacci projection . Our bearish bias is further supported by the price holding below the Ichimoku Cloud . Any...
Prices are on bullish momentum. We see potential for a bounce from our buy entry at 1.84240 in line with 61.8% Fibonacci retracement towards our Take Profit at 1.85919 in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or...
It's a little late for entering this position, Sorry I did post it a little late. TP: 1.90888 SL: 1.87094 If you enter this deal, be sure to follow this analysis To be informed of the next settings that I will update
GBPAUD Currency Pair Exit Target Price = 1.88882 On the weekly chart, you will see two swing highs and a closing price at price 1.88 horizontal area. That is the level to exit long positions and keep one long position open with a trailing stop loss. Engulfing Candlestick Engulfing Candlestick Pin Bar
Momentum seems to be in favour of buyers, As per the parallel channel it's tend to touch the upper limit zone. My approach will be a buy here at current price 1.88000 Maintain stop loss around 1.87450 Potential upside target 1.89150 Follow the levels as mentioned above, Trade as per your risk appetite. Thanks
After GBPAUD fell towards the support zone of 1.85904 the price has risen by 0.84%. However, on the 4hr chart, it appears price action has formed a head and shoulders pattern, indicating that a drop in price is now likely. On the 4hr chart, there has been a lot of selling pressure that has emerged on the recent candle. This indicates to me that the price is due to...
Price is abiding to the ascending trendline support , signifying bullish momentum. We can expect price to bounce from pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection . Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above the clouds. Any opinions,...
Price is abiding to the ascending trendline support , signifying bullish momentum. We can expect price to bounce from pivot level in line with 61.8% Fibonacci retracement towards take profit level in line with 127.2% Fibonacci projection. Our bullish bias is further supported by the Ichimoku cloud indicator where price is holding above the clouds. Any opinions,...
GBPAUD | BULLS TAKING CHARGE GBPAUD is testing the horizontal support level which is also the trendline support. Two scenario can play here; (1) Buy at current price with SL 1.85937 (2) Sell if it breaks the horizontal support
Prices have reached a sell entry at 1.876 which is a graphical overlap and in line with 78.6% Fibonacci retracement towards our Take Profit at 1.86298 which is in line with 61.85 Fibonacci extension. RSI is at a level where dips previously happened. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this...
We have hit the GBP/AUD 1.8800 Supply zone and will see rejection down to the 1.8500 Demand zone. When looking at the daily time frame we can see that the resistance line has been broken as well as a engulfing bullish candle closing above the 50MA and 200MA. I would wait for a retracement to the 200MA (Around the 1.8500 demand zone) on the daily and then enter a...
Prices are on a bearish momentum and have recently broken out of our descending trendline. We see potential for dips from our sell entry at 1.85927 in line with 100% and 161.8% Fibonacci extension and graphical swing highs towards our Take profit at 1.84659 in line with 61.8% and 127.2% Fibonacci extension and 38.2% Fibonacci retracement. Alternatively, our stop...
Hello Traders, 🙋♂️🙋♂️🙋♂️ Here we have a GBPAUD short trade idea. If you like this idea please show your support! 😁 We have 4 confluences based on our decision for entry on this trade. Confluences 3rd trendline touch from August & September Structure Level Break of 'Watch For Break' Line Double top formation Since we can see a break in the WFB...
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We are looking for buy entry but after the closure of H4 candle. Our first target is at the daily big player area. If there will be a fakeout, we are looking for sell entry in the previous range structure.