GBPAUD under CorrectionHere in GBPAUD, we have a Correction area where it'll keep on retracing this week & for Long term it'll be bullish.
The Area of support & Resistance level are mention in this analysis clearly.
I HOPE THIS GIVE YOU A BETTER IDEA AS WELL.
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P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
Gbpaudforecast
GBP/AUD could PUMP soon!Hey tradomaniacs,
looking at GBP/AUD it looks like we could see a PUMP soon if market continues the climb within the current trendchannel andb reaks above the daily key-resistance-zone.
As always, this pair is very risky to trade as POUND is volatile due to Brexit-Talks.
Cross-Pairs are hard to predict due to the current Corona-Topic and its volatility in the market.
If you want to buy this pair, wait for the break above the key-resistance-zone to get a confirmation.
DAILY-CHART showing a nice previous fake-out to the downside which is showing big players doing their business with stop-loss-fishing.
I personally don`t like to trade this pair and post this as inspiration for the GBP/AUD-Fans. :-)
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Peace and good trades
Irasor
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GBPAUD: ForecastGA looks to be creating a head and shoulder pattern, also in the purple rectangle is a 3 line strike pattern indicating trend reversal. Price reached the psychological level 1.85000 and turned around immediately. Also to add to my sell bias the last 4 4hr candlesticks has thrown wicks to the upside where there is a pivot point so this could very well be a sell signal, especially considering it looks to be the start of the head and shoulder pattern. From here i'm expecting price to fall to 1.81000
GBPAUD is StremgthemimgHere in GBPAUD, we have buying Level above to support line. Better is to wait until it hits the support line & then go on buying it. There's no sell is mentioned as i'm focusing on buying it only.
I HOPE YOU GET ANY IDEA ABOUT GBPAUD AS WELL.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GBP/AUD : Daytrade-preparation!!! ShortGBP/AUD : Daytrade-preparation!!! Short
Market-Sell : 1.84100
Stop-loss : 1.84800
Target1 : 1.83350
Target2 : 1.82600
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Short Position on GBPAUD 4HHello Traders!
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GBPAUD: Price to Continue Bull MomentumHi Traders,
Price is set to continue its current bull momentum. I'm expecting that price will continue towards 1.9000, at which point we may start seeing reversal. These next couple of moves will likely give us a corrective ABC structure.
Trade with care and manage risk.
Regards
Wave Theorist
GBPAUD*ENG*
- Price respecting our stress level.
- Since price is showing a lack in liquidity, we can still see a break to the downside.
- In case of a break, we might see a move until the 1.8000 zone.
*PT*
- Preço a respeitar o nosso nível de stress.
- Dado que o preço está a demonstrar uma falta de liquidez, poderemos ver ainda uma quebra para baixo.
- Caso o preço quebre, poderemos ver um movimento até à zona dos 1.8000.
GBPAUD H1 LONG PRICE ACTION FORECAST -UPDATE-Price pullback to the ascending trendline for a deeper correction than expected, however now that is testing the trendline, it continues to show some bullish momentum. This price structure allows a new long entry with a better risk to reward ratio.
The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:3 -
T/P: resistance level
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GBPAUD H1 LONG PRICE ACTION FORECAST Bullish momentum is present in the pair, a golden-cross with the EMA supported by the 200MA sloping up for confirmation of the remaining upward impulse that supports the price structure. It allows the entry at the previous supply zone, expecting price action to retest that area before upward continuation.
The order:
Type: buy-stop
S/L: 33 pips - R:R | 1:2 -
T/P: previous resistance level
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GBPAUD-- Bigger Chat Analysis and Forecasting Never Trade alone
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Disclaimer:
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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