Gbpaudidea
GBP/AUD Running In 80 Pips Profits , New Entry Valid Next WeekThis 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
GBP/AUD Trying To Create Head And Shoulders Pattern On Daily TFThis 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
GBP/AUD Made Inverted Head And Shoulders , Time To Buy It ?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
Australian currency correctionFX:GBPAUD
The correction that occurred in the Australian currency was caused by a decrease in the trade balance in that country, causing corrections in several Australian currency pairs such as, AUD/USD, GBP/AUD, EUR/AUD and so on.
Bearish potential still exists in the pair GBP/AUD
GBP/AUD Trying To Make Double Bottom, Long Setup After ClosureThis 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
GBP/AUD - SellMonthly:
1. Impulse
2. Complex correction
3. Break of correction with new impulse
Now the price is make correction and is very possible to see 3rd touch of trendline.
If 3rd touch happend with nice bearish candle I will sell.
Weekly:
1. Last week the price close like Doji candle
2. Break of neckline without pullback for test
Expect a little down drop.
How to predict to where the price will drop?
Well if I add fibonacci from the high to the low where 38.20% Fibonacci level will align with the neckline I can understand. 0.00% Fibonacci level align perfectly with lower low in the past from where the price is jump to the upside.
Daily:
1. Impulse
2. Double bottom formation / not completed for now/
Double bottom formation is trend reversal pattern.
4H:
1. Impulse
2. Complex correction
3. Break of correction with new impulse
Now the price is make correction and is very possible to see 3rd touch of trendline.
If 3rd touch happend with nice bearish candle I will sell.
GBPAUD Possible Pullback (LONG)Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck
GBP/AUD Short Setup After Daily Closure Below Trend Line !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