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Gbp-aud

GBPAUD a bounce at the 0.382 🦐GBPAUD after the last impulse retraced and consolidate over the 0.382 Fibonacci level. The market is now testing the resistance structure at 1.79400 and according to Plancton's strategy if the price will break above we can set a long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
10
What to Expect on GBP/AUD for a Bullish TradeGood morning traders, today we bring you our analysis in GBP/AUD, since we consider that it has upward potential in the short term if certain conditions are met. 🔸First, we see that the price tried to penetrate the long-term Ascending Trendline to the downside, but was unable to consolidate below. In fact, both attempts failed and it was placed inside it again. 🔸After that, it broke the Descending Trendline. 🔸Since then, all we've witnessed is a consolidation of the price. 🔸What we are waiting for is a bullish breakout from the current correction. 🔸If that happens, we expect a bullish move towards the next resistance zone at 1.8400-1.8500.
Long
by ThinkingAntsOk
2
GBPAUD: An upcoming BEARISH movement on this PULLBACKHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/AUD ⚪ Technical Analysis : Since the beginning of January 2021, the price has been following an interesting trendline, bouncing many times on it. This clear uptrend ended at the beginning of February, when the price reached and got a strong rejection on the main weekly resistance zone at about 1.80000. It tried and failed many attempts to break that level and yesterday, 11th of February, the price broke down its main trendline, bouncing on a daily support level at about 1.78000 and it is currently re-testing the trendline. Since the 5th of February, I can see the price creating a possible descending triangle pattern, making a lower high on every rejection on the support level at 1.78000. 🔴 Conclusion : Since the price has broken its trendline, I started looking for a short position and I think there is a nice possibility to see an interesting upcoming bearish movement. I'll be waiting for a clear entry point to get a short position on this trade until the level 1.78000, and eventually the price will clearly break through that level I'll plan my second short trade! Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Short
by FXtrades-gp
19
GBPAUD - SWING - 10. FEBR. 2021Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bullish price action and closure above main sr level. 4 HOUR Overall strong market structure in a bull market. DAILY Bullish market scenario after a short pullback, good long entries! - FOREX SWING BUY GBPAUD ENTRY LEVEL @ 1.78800 SL @ 1.78030 TP @ 1.79970 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
59
GBPAUD: An upcoming CHANNEL'S BREAKOUT!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/AUD ⚪ Technical Analysis : Since the 27th of January 2021, the price has been moving following an interesting ascending channel, once it got a strong bullish impulse on the level 1.77500, bouncing few times between its channel's lines. Yesterday, the 2nd of February, the price re-tested an important weekly resistance zone, falling down again until the S/R zone at about 1.78800. It is currently re-testing the same zone and the next price action around that level will be essential to understand the next market movement. 🔴 Conclusion : There is a possibility to see the price moving up again, but I'm confident to see an upcoming bearish movement because the weekly resistance level at about 1.80000 rejected the price many times in the past. In the daily perspective we still have a strong bullish movement but the RSI with 20 periods is currently showing us a clear divergence. I'll be waiting for the price breaking through the channel before planning my short position on this trade. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Short
by FXtrades-gp
12