Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional...
Pattern: Bullish triangle Confirmation: Uptrend / Yes. Price being wedged between support and trend. Entry: we are either going to see this break upwards out the triangle trend down to continue its bull run or see it test a potential new marked support shown on graph which would also bounce off of 0.618%. I do anticipate this to continue its long term up trend...
Hello there traders! As always we provide you with analysis on tradingview. Currently we are looking at the pair GBP/AUD where we had a nice impuls and corrective move. Structure kept on breaking above and now made a lower low/high. Bearish pressure is allready pushing market-price down. We also have seen the counter-trendline break wich indicates we are...
GBPAUD broke below descending trendline support and is currently trading sideways. A retest of our triple bottom neckline and 23.6% Fibonacci retracement at 1.88449 towards ascending trendline resistance zone at 1.89148 could be possible. Stochastic is also testing support where price bounced in the past. Any opinions, news, research, analyses, prices, other...
trade at your own risk - not financial advice ---- ---- ---- ---- ---- ---- ---- ---- ---- ----
Hey Guys, GA is looking great from the higher timeframes for a longer-term move lower. I have just been tagged into my position for the short, the at least complete to the lows of the larger flag. I took this based on the lower time frame price action of having the first push and flag from the third touch of the larger structured flag. In this breakdown I...
Welcome back Traders, Investors, and Community! Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or...
GBPAUD approaching buy entry, in line with 38.2% Fibonacci retracement and extension. Prices are expected to rally to take profit, in line with 161.8% Fibonacci extension. Alternatively, prices may fall to stop loss, in line with 78.6% extension and 61.8% Fibonacci retracement. Indicator showing bullish bias. Any opinions, news, research, analyses, prices, other...
GBPAUD is approaching 1st support of 1.88006, in line with 50% Fibonacci retracement and 38.3% Fibonacci extension . Prices are expected to rally to 1st resistance of 1.89551, in line with 127.2% Fibonacci extension. Prices may fall to 2nd support of 1.86891, in line with 78.6% Fibonacci retracement and 78.6% Fibonacci extension. Indicator supports a bullish...
Hi everyone, GBPAUD remains under pressure from its daily resistance as well as our H4 descending trend line where we could see a further downside here. A pullback to our H4 resistance at 1.88800 in line with the 61.8% fibonacci retracement presents an opportunity to enter a short, keeping in mind that prices are holding below the resistance area on the daily time frame.
Hi traders: As we can see price is currently at the top of the overall price action, and we are getting some bearish consolidations and structures. How the price gets there is very important, we see the HTF parallel channel which started to form after a strong bearish move down. Within this correctional phase, we can spot some bearish reversal structures....
AUD, NZD & CAD: The fact that the AUD is now the second largest net-short position among the majors does not really surprise given the recent string of negative factors such as the virus situation, slowing economic data in China and falling Iron Ore prices. This week we have the RBA policy decision coming up and markets want to know how stressed the bank has...
USD – The dollar edged lower on Monday as investors began positioning themselves ahead of this week’s Federal Reserve policy meeting, with many analysts expecting the Fed to once again defer from a commitment to taper. GBP – Sterling climbed above $1.38 against a broadly weaker dollar on Monday, supported by encouraging data over the weekend showing a fall in...
AUD, NZD & CAD: Yet another 13K unwind of net long positions for the CAD in the CFTC data updated until the 20th of July means that a lot of the froth in positioning has been taken care of. Our concerns about positioning for the past few weeks meant a patient stance with CAD longs, but with the size of the unwind we think CAD longs look attractive again on a...
Now that we have a successful auction, 2nd level of liquidity has been tapped on, we might return the origin of the move, before we rally up once more Find more explanation on the link attached below
Technical: - Ascending channel - Following the 4H EMA - Looking for rejection previous resistance and the support line of the channel for bullish confirmation Will wait for bullish confluence among indicators (currently not in our favor) before entry, to further increase trade probability. Fundamentals: - The UK unlocking on Monday 19th could see a boost in the...