Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Bearish Channel in LTF & STF as an Corrective Pattern Break of Structure Impulse Correction Impulse Fibonacci Level - 61.80% Head and Shoulder
the price managed to break the bullish trendline and form a bearish structure for now. If we pull the Fibo extension, the price is right at level 1. There is a possibility that the price will still go down to Fibo 1.618 where this area also intersects with strong support.
GBPAUD completed ABCD pattern now hopefully we can see the retracement from here towards upside. Manage your risk accordingly!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/AUD is in strong uptrend. Price is continuously making higher highs and higher lows. Checking out recent price action, the price has formed a Cup and handle pattern which is a bullish pattern. Once the neckline is broken out, I expect price to rise further. Wait for daily candle to close above the neckline. Then we can enter into LONG SWING TRADE.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
for now I think that this pair is in a correction period, with the price having fallen more than the correction confirmation line and now it is likely that it has formed wave (1) and is entering the correction period of wave (2), which means that our focus now is to look for a sell area around the trendline bounce or maybe in the SnD area above.
for now the price is stuck in a fairly strong support area, it has been tested several times. the possibility that happens is that the price will rise first before going down further.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
there is a possibility that this pair will only experience a minor correction, not to change the trend to bearish in the main. the possibility is that the price drops to the bearish confirmation line only.
We are expecting the bull to keep riding to upside around 1.9037 to sit tight.
Seeing how the trendline is well respected, it seems that it is most likely to continue the bearish trend more positively. take a short position with a small risk, most likely it will fall deep enough
Continuing last week's analysis, I think the price will continue to fall, we are just waiting for confirmation when there is positive confirmation for the price to continue being bearish. price target to the lower trendline in wave C
Here is my view for GBPAUD on D1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUD broker 1.8700 strong resistance area. Demand zone for long 1.8700-8670, target: 1.90000
GBPAUD - D - Movement Prediction and forecast idea in medium term. level to Sell in zone .
This is for short term And this is risky too. Please DYOR before entering the trade.
Dear Fellow Traders, we have a good opportunity on GBPAUD , at least we are expecting 400 pips out of it. what do you all think comment down your view!!