GBP/AUD:NEW SWING OPPORTUNITY+STOCH DIVERGENCE|LONG 🔔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 ask any questions in the comment section below.
Have a Good Day Trading !
Gbpaudanalysis
gbpaud boomgbpaud buy :
Reasons :
1)breakout from the regression trend
2)same false breakouts in previous months as indicated
3)all my 3 ema lines indicates uptrend mainly the yellow line(secret configuration)
so if it crosses 1.88800 place a buy trade fro 100 pips as indicated
i decreased the number of pips from tp as it should surely hit the tp without false breakouts again
GBP/AUD New Long Setup After Daily Closure For Confirmations This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD Has Formed a Bullish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, GBPAUD on H4 has made a Bullish Flag, If the price gets out of the Flag below 1.8498 we can look for potential entries.
⬇️Sell now or Sell at 1.8665
⭕️SL @ 1.8756
✅TP1 @ 1.8498
✅TP2 @ 1.835
✅TP3 @ 1.8145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPAUD, 4hr tf, holding below weekly resistance
We might finally see this pair drop as well. As you can see, there is a doji candle in the 4hr candle exactly below the resistance. This could be a turning point for GBPAUD.
As long as price hold below 1.8650, we could see GBPAUD going down for a correction.
I will try selling this pair once again.
Sell GBPAUD 1.8630
Stop loss 1.8700
Take profit 1.8420 (3R)
Use only 1-2% risk
Good luck
Trading Idea Regrading GBPAUD Currency Pair 7/18/2021Right Now ,GBPAUD Encountering Massive Resistance Leading Towards Two Possibilities
1 - It Break This Resistance and After Retest It Will Move Towards 1.89800 Level
2 - It Retest The Range top Which is 1.84697 Level and Then Head Towards Break Out Resistance level
GBPAUD, 4hr tf, broadening wedge pattern
I do respect the idea that GBPAUD might drop along with EURAUD. We're also near the horizontal weekly resistance right now.
If i draw a trend line connecting the low and high of GBPAUD recent movement. It will look like a broadening wedge pattern.
In terms of Elliott Wave, this is a broadening ending diagonal.
Sell GBPAUD 1.8610
Stop loss 1.8670
Take profit 1.8410 (3.3R)
Use only 1-2% risk
Good luck
GBPAUD downtrend continuation1.8560 is an area of resistance. We see that the market failed to break the level and create a new higher high. Instead we see convincing price action that can make the market move lower. My bias is bearish on this pair. Market can move towards 1.8490 level and if it breaks below that level market will continually fall lower until it breaks the downtrend market structure.