GBPAUD I Intraday long opportunity Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPAUD
GBPAUD: Your Trading Plan Explained 🇬🇧🇦🇺
GBPAUD broke and closed above a key horizontal resistance yesterday.
The price is retesting a broken structure at the moment.
To buy the pair with a confirmation, watch a bullish flag pattern on an hourly time frame.
Bullish breakout of the resistance of the flag will give you a strong buy signal.
A bullish continuation will be anticipated then at least to 1.9562
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GBPAUD: Bearish Continuation & Short Trade
GBPAUD
- Classic bearish formation
- Our team expects fall
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry Level - 1.9462
Sl - 1.9511
Tp - 1.9364
Our Risk - 1%
Start protection of your profits from lower levels
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GBP/AUD SHORT FROM RESISTANCE
Hello,Friends!
GBP-AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.935 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the GBP/AUD pair.
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Alikze → GBPAUD | Upward wave 5 scenarioIn time D1, it is moving in an ascending channel. Due to the type of double corrective behavior at the bottom of the channel, a motivational wave has been encountered, which after the failure of the supply zone will have the ability to grow to the next supply zone after the failure of Fibo 61.8. In the 5th wave, there is a motivation, which will be the minimum growth of the previous ceiling, and if the 5th wave is extended, it will be able to extend to the specified areas.
🟩Sup: 0.2930
⛳️Tp 1:1.953
⛳️ Tp2 :1.9653~1.9775
⛳️ Tp3 : 2.039
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GBPAUD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: After price broke the structure we can see lower lows and lower highs, so I will look for a short position. I want price to make a retracement to fill the imbalance higher and then to reject from bearish order block.
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GBPAUD Technical Analysis! BUY!My dear subscribers,
This is my opinion on the GBPAUD next move:
The instrument tests an important psychological level 1.9429
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9469
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
GBPAUD Technical Analysis and Trade IdeaOn the higher time frame, the GBPAUD currency pair demonstrates a bullish trend, characterized by recent retracement movements that have brought it into an equilibrium zone.
Bullish Trend: The GBPAUD has been exhibiting a bullish bias, indicating strength in the British pound relative to the Australian dollar. This trend is evident over an extended period, suggesting potential further upside.
Retracement: Recent price action shows a retracement into an equilibrium zone, where a potential buy opportunity could present itself at around the 61.8% fibo level.
Disclaimer
This analysis provides a technical perspective on the GBPAUD currency pair. However, it is essential to emphasize that this information should not be construed as investment advice. Each trader’s risk tolerance, financial goals, and individual circumstances vary. Make informed decisions based on thorough research and a comprehensive assessment of all relevant factors.
GBPAUD I High probability short from resistanceWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPAUD#GBPAUD - H1
Upon analyzing the 1-hour timeframe, with the breach of the resistance level around 1.9395, there is an expectation for price growth towards the 1.9470 range.
⛔ Stop Loss: 1.9340
On the other hand, breaking the 1.9340 range could lead to a price decline towards the 1.9270 range.
⛔ Stop Loss: 1.9395
GBPAUD: Bullish Continuation 🇬🇧🇦🇺
GBPAUD violated a solid horizontal supply zone.
After its retest, the price formed a cup & handle formation on an hourly time frame.
Bullish violation of its neckline confirms the significance of the broken structure.
We can anticipate a growth on the pair at least to 1.9464
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GBPAUD BUY BIASWeekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch
Daily: Consolidation, Inverse Head and shoulders, 2 bar rejection at major resistance 1.94750, Has not retested major support 190.325 after break, Bullish choch, Double bottom pattern, Retested resistance 1.93250
4hr: Consolidation, In a minor uptrend after making a rejection can of the bottom 4hr zone, Break of bearish trendline to the upside, Has not retested .618 of fakeout that resulted to a downward movement, rejection of the 4hr resistance 1.93275.
1hr: Bullish, Liquidity is located above the 4hr resistance of 1.93275, Price is respecting a bullish trendline, Unmitigated 1hr ob, Price faded out and reversed after reaching bottom 4hr zone.
15m: Bullish, Bullish structure is being formed, Failed to make a higherhigh at 4hr resistance 1.93275, Ascending triangle pattern
I believe price is going to retest the 1hr ob fake out the market and continue the upward movement towards the Top 4hr zone to grab liquidity and retest the .618 level if its able to break 1.93275.
GBPAUD The Target Is DOWN! SELL!
My dear followers,
This is my opinion on the GBPAUD next move:
The asset is approaching an important pivot point 1.9390
Bias - Bearish
Safe Stop Loss - 1.9421
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 1.9327
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
GBPAUD,🔴Sell opportunity🔴
Well since the price hit the daily order block mean threshold and grabbed the liquidity above the previous day's high it created a high probability sell opportunity for us.
💥Please pay attention: in this scenario, we need LTF confirmation. We should not enter as a limit order.💥
💡Wait for the update!
🗓️27/02/2024
🔎 DYOR
💌It is my honor to share your comments with me💌
GBP/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello,Friends!
Previous week’s green candle means that for us the GBP/AUD pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.928.
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GBPAUD Sideway Bounce Trading SetupI'm excited to share a trading setup on GBPAUD utilising the Sideway Bounce strategy. Here are the details:
- Setup: Sideway Bounce Trading
- Short Entry: 1.9324
- Long Entry: 1.9230
The Sideway Bounce strategy is a technique I've tested and traded since 2005, and I find it a comfortable and reliable approach.
In this scenario, I'm considering a short position at 1.9324 or a long position at 1.9230, aiming to capitalise on potential movements within this range.
This setup offers approximately 100 pips of profit potential, making it an intriguing opportunity to watch closely.
Feel free to share your thoughts and trade plans for GBPAUD. Are you inclined to go short or long?
GbpAud could likely pullback for longHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Pulling back for long ,could target 1.94 ,but do expect it to be choppy judging at its recent PA.
Do check out my stream video for the week to have more explanation in place.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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GBPAUD I It will grow briefly but future decline is expected Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!