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GBPAUD

GBPAUD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
1
7 dimension analysis for GBPAUD A contra trade setup 🕛 TOPDOWN Analysis - A Decade of Consolidation in Yearly Chart Overview: The yearly market has been locked in a consolidation phase for the past decade. On the monthly chart, an internal bullish structure was established, achieving its target. However, a strong bearish engulfing candle signals a potential reversal. The weekly chart reveals a bullish structure, hinting at the need for a valid low following a substantial doji formation. Deep analysis of price action is essential. 😇 7 Dimension Analysis Time Frame: Daily 1️⃣ Swing Structure: Bullish 🟢 Structure Behavior: Breakout from Sideways (BoS). 🟢 Swing Move: Corrective, nearly reaching deep OB. 🟢 Inducement: Approximately 78% correction, indicating a deep retracement. 🟢 Pull Back: Strong first correction. 🟢 Internal Structure: OB remains unmitigated. 🟢 Resistance & Trendline Breakout: Already confirmed. Watch out for traps, including extended market and V-shape formations. No breakout or follow-through signals. 2️⃣ Pattern 🟢 CHART PATTERNS Reversal Double bottom Consolidation Rectangle pattern 🟢 CANDLE PATTERNS Notable Observations: Long wick candles (2x wick) and hammers at support levels. Gaps (Novice, Pro, Window) present. Several classic doji formations. Open, low, and high prices are crucial; wait for opening. 3️⃣ Volume: Normal volume observed. 4️⃣ Momentum RSI: 🟢 Zone: Super bearish. 🟢 Range: Sideways to bearish with proper confirmation. 🟢 Divergence: Bullish regular 4-candle divergence suggests a potential small correction or upside move. 5️⃣ Volatility Bollinger Bands: 🟢 Walking on the Band: Just finished. 6️⃣ Strength ADX: Bears hold full power. 7️⃣ Sentiment ROC: GBP is weaker than AUD. ✔️ Entry Time Frame: H1 ✅ Entry TF Structure: Bearish ☑️ Current Move: Corrective move, near its conclusion. ✔ Support Resistance Base: CIP. ☑️ Candles Behavior: Reflects characteristics like RSC, Longwicks, Inside, and Momentum. ☑️ FIB Trigger Event: Awaiting. ☑️ Trend Line Breakout: Await confirmation. ☑️ Final Comments: Awaiting the right conditions to sell at two key points. 💡 Decision: Monitor closely for potential selling opportunities. 🚀 Entry: 1.9075 ✋ Stop Loss: 1.9160 🎯 Take Profit: 1.8174, 2nd Exit if Internal Structure Changes, 3rd Exit on a trendline breakout or FOMO signal. 😊 Risk to Reward Ratio: 1:3.5 🕛 Expected Duration: 7 days SUMMARY: The yearly chart illustrates a decade-long consolidation period, while the monthly chart shows a bullish structure that has reached its target but now signals a potential reversal. The weekly chart points to a bullish structure with the need for a valid low after a significant doji formation. Daily analysis suggests a bullish structure with an awaiting retracement. Factors such as volume, momentum, and patterns have been considered. Careful monitoring is advised for potential selling opportunities at two key points, with specific entry, stop-loss, and take-profit levels provided, offering a risk-reward ratio of 1:3.5.
by Optimum369
GBPAUD: Oversold and in need of a reaction.GBPAUD turned briefly oversold on the 1D technical timeframe (RSI = 30.322, MACD = -0.013, ADX = 62.269) while pricing a LLL at the bottom of the Channel Down and the S1 level. The latter in particular can attract considerable buying power to push it for a 1D MA50 and R1 Zone test. This will determine the trend onwards but on the short term following 6 weeks of downtrend, a reaction should be expected. TP = 1.93000. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Long
by InvestingScope
5
GBPAUD What Next? SELL! My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9062 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.8966 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
GBPAUD Most optimal buy here but bearish if broken.The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming oversold below 30.00, the lowest it has been since September 26 2022, which was the absolute market bottom. If the price breaks below Support 1 (1.885250) we will have confirmation of a potential long-term bearish reversal. Then the ideal level to enter will be following a rebound on the 1D MA200 (orange trend-line) and a clear rejection near the 1D MA50 (blue trend-line) as we will have confirmation that it has become a Resistance and the market sells long-term. In that case our target will be 1.75000 (towards Support 3). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
2
GBPAUD H4 | Bearish continuation expected?Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at1.9077, which is pullback resistance level Our take profit will be at 1.8976, a swing-low support level. The stop loss will be placed at 1.9166, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
BluetonaFX - GBPAUD Triangle Break SHORT IdeaHi Traders! There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside. Price Action 📊 The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line. Fundamental Analysis 📰 The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.   Support 📉 1.90556: WEEKLY LOW Resistance 📈 1.92405: PREVIOUS DAY'S HIGH Risk ⚠️ No more than 2% of your capital. Reward 💰 At least 4% of your capital. Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX
3
A Great Trading OpportunityAs per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot. I believe that a good trader follows a good mentor, but a great trader plans his own trade and takes reference from others' analysis. Therefore, I suggest that we proceed with caution and carefully evaluate the market conditions before investing. With a well-planned trade, we can maximize our gains and minimize our risks.
Long
by RaynLim
GBPAUD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Short
by ShahedZare
GBPAUD – looking for an indecision daily candle … the week of 25Price arrived at 1.9000 with a strong bearish daily candle. Because of this momentum, we should look for a continuation but this region is a strong support as well as a round number. The 1st thing that usually happens before a reversal is an indecision candle (small body with large wicks) appears. At this moment I have no real reason to believe that the uptrend will resume: it could well continue lower and that is why I will only be monitoring/analyzing/trading this on the daily chart. If we get a doji that is followed by a break above its high, that will be a signal that the market is heading up again. It follows that a trade will not set up for 24-48 hours. If, however the market continues lower, my next area of interest would be 1.8500 or even 1.8270. Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more. What do you think about this trade idea? Please comment and share your thoughts!!
Long
by Trading_Vista
GBPAUD Is Finishing Multi-Year Bearish TriangleGBPAUD is unfolding a five-wave bearish cycle on a monthly basis, currently finishing a bearish triangle pattern within wave (IV). Big turn down can occur. GBPAUD turned bullish at the end of 2022 and start of 2023 after completion of a three-wave A-B-C decline for a higher degree wave D down at 1.59 area, from where we have seen a strong rebound but once again can be a three-wave A-B-C recovery for wave E. However, subwave C appears to have an extended structure, with nice resistance at 2.00 area. There is still a chance for a reversal down, especially now that is breaking channel support line, but we want to see a weekly close below the channel to confirm that bears are back.
Short
by ew-forecast
2
#GBPAUD: 1600+ PIPS SELLING SETUP!! Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker currency mainly because of strong US DOLLAR presence in the market. Thank you as always ;)
Short
by Setupsfx_
8
GBPAUD - 4hrs ( Sell Trade Target Range 300 PIP ) Pair Name : GBP/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( ❗️ Short ) Type : Mid Term Swing —————————— Bearish Break 1.94500 Area Reasons - Major Turn level / M - inner Trend Break - inner choch - Visible range Hvn - inner Trend Break - Day / Week Low Break Bullish Reversal 1.91000 Area Reasons - Major turn level / D - Pattern Target - Channel Lower Band - Fibo Golden - Quarter's Area - Major Choch area
Short
by GoldenEngine