GBPAUD- Daily we have a huge exhaustion making buyers lose momentum for seller to push it down
- 4HR we have rejections
- Now we look to sell above 1.97329
Gbpaudidea
GBPAUD- Daily we have a Buyers exhaustion with a Bearish engulfing formed
- 4HR we have broken support
- Also if you look on the 1Hr you can see a broken trend-line being tested
- Now we look for retracement to go short or even Long
GBPAUD SHORT IDEA This could fall soon because of news coming in at 7:30 EST Employment changes on AUD
Please !! be aware I am not taking positions unless it is breaking support trend and retesting as resistance. !!
GBPAUD: Watch for Long @ Key Support.Hi Traders,
When looked at on the weekly chart, GBPAUD is currently in a critical sell zone. I'm anticipating a final bull leg before price may show signs of reversal.
Wait for clear confirmation before taking any long trades.
Regards
Wave Theorist
GBPAUD 1.92 rejection and aiming for 1.95we see multiple wicks at the 1.9220 zones where the price is consolidated. the price is pushed today to the upside, making some serious bullish moves. I expect some retracements but the main bias is bullish till the 1.95 zone. We can see there a shoulder-head-shoulder formation waiting.
GBPAUD Needs to Retest the highs! Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
Consolidation | GBPAUDRecap from last week...
- If you look at Daily , candlesticks have exhaustion area signaling the Market is not ready to reverse down quite yet
- Its likely to Consolidate before breaking to continue to upside or break downward
- One thing about GBPAUD and GBPNZD , when in consolidation, it likes to fake a break-out so be watchful
- Its not advised to trade in consolidation unless you know what your overall analysis is, thus you can take short profits
- Will be updating once the market opens
Disclaimer: ***This is not a signal, just an Analysis to share my view on the market.If this if helpful to you, please comment***
GBPAUD SHORT > H1GBPAUD Intraday Setup
> Wait for correction
> Bearish price action
> Short
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBPAUDGoing Short..Remember trading ideas in most cases tend to play out..use proper risk management..Trade smart and be Blessed
GBPAUD Short > H4GBPAUD Short Setup
> Wait for correction
> Support Breakout
> Short
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBPAUD- Still holding sell from 1.896 level, will be holding unless price shows otherwise
- Big move will be coming by years end imo
- Do not be surprised if we see another power move that we saw on October 10th...
FOLLOW ME: GBP/AUD Short OpportunityGBP/AUD is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry.
Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing!
COLOR KEY (which time frame each markup is based on):
RED - Monthly
ORANGE - Weeky
GREEN - Daily
AQUA BLUE - 4H
PINK - 1H LIGHT BLUE - 15M
PURPLE - 5M
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My Idea on GBPAUD for the week.I'm looking at a potential M patterns forming on the following week due that its retesting a WEEKLY resistance, it could also be a FLAG pattern forming I will confirm my entries with the right reversal and all candle patterns. ( Feel free to leave a comment )
GBPAUD GBPAUD UPDATE: After bearish breakout, now getting pull back for more drop. Next downside target could be 1.8000 as long as previous LH(Lower High) isn't broken
GBPAUD BUY SIGNALHigh Risk Trade. GA has been a decent but, remember SL to entry @ +20 pips
Personal Risk: 0.5%
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Looking GBPAUD to make a potential spike I'm seeing GBPUSD going side ways for a while but I'm looking for buys..potential spike around yellow zone, still watching out for strong patters (feel free to leave a comment)
GBPAUD SetupOANDA:GBPAUD
On the 4h, price has actually just broken down out of the halfway 'regression trend' line and broken out of an important level of up-trending support.
We are currently in a med-term + Long term phase of lower lows and lower highs so i expect this to continue as bears have defeated bullish trend line.
When market opens, I will enter short.
