#GBPAUD: Reversal almost confirmed, will NFP have it say?Hey everyone,
FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can drop from here heavily since it has been consolidating since long; secondly that price can rise up to fill up fvg and drop.
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Gbpaudidea
#GBPAUD: Reasonable target with 400 pips! Dear Traders,
gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time.
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GBPAUDPair : GBPAUD ( British Pound / Australian Dollar )
Description :
Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60%
Entry Precaution :
Wait for Rejection or Retracement
GBPAUD Potentially Bearish on H4FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target
1. 1.90380 and
2. 1.89187
with my stop at 1.92696
A break above the 1.93208 will mean the bearish condition is invalid and will look for a potential long
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBP/AUD Gave Yesterday +100 Pips 0 Drawdown , New Entry Valid !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.
GBP/AUD Short Setup Confirmed With H&S Pattern,Ready To Go Down?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 Technical Analysis And Trade IdeaDelving into the current dynamics of the GBPAUD currency pair, our analysis reveals a predominantly bullish market trend on higher time frames, notably the monthly and weekly charts. Focusing on the daily time frame, we are strategically seeking an entry point. Presently, the price has undergone a substantial swing and is in the process of retracement.
Our attention is fixed on identifying a retracement within the 50% to 61.8% Fibonacci retracement zone – our preferred entry area. The video meticulously dissects price action, market structure, and the overall trend, elucidating crucial elements of technical analysis.
Throughout this presentation, we embark on an in-depth exploration of pivotal aspects such as market structure, price action intricacies, trend dynamics, and other indispensable components of technical analysis. It's imperative to underscore that this content is intended for educational purposes. Nevertheless, it's essential to refrain from interpreting it as financial advice.
GBPAUD SELL | Day Trading Analysis
Hello Traders, here is the full analysis.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
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GBPAUD A 400+ Pip trade Ideathis is nothing but a follow up for my 1000+ pip trade idea so far 500/1000pips.
GBPAUD will continue to go down in my opinion the market trend has changed bearish , forming lower highs if the market breaks below that level we can see a futher continuation !
if anyone caught the move from my analysis send me your results and congratulations !
more to come stay tuned and drop the follow its free !
gbpaud buy signal. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD 18/10 MovePair : GBPAUD ( British Pound / Australian Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Completed the Breakout of the Lower Trend Line and Making its Retracement. Completed " 1234 " Impulsive Wave. Divergence and Rejection from Fibonacci Level - 50.00%
Entry Precautions :
Wait until it Completes the Retracement and Rejection
GBPAUD Potentially BullishFX:GBPAUD has been been attempting to push higher creating some higher lows on the H4 TF. Are we going to see a continued push? That remains to be seen.
My Immediate support areas:
1) 1.91936
2) 1.90541
My immediate Resistance areas (Targets)
1) 1.94971
2) 1.97279
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
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BluetonaFX - GBPAUD Descending Triangle SHORT IdeaHi Traders!
The bearish price action continues on the GBPAUD 1D chart, and there may be possible opportunities for short entries.
Price Action 📊
The market has had lower highs and lower lows since breaking below the 20 EMA, creating a descending triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line and continue to the downside.
Fundamental Analysis 📰
The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.
Support 📉
1.88514: TRENDLINE SUPPORT
Resistance 📈
1.92527: TRENDLINE RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
GBPAUDGBPAUD currently for me in a neutral phase. A break above the 1.90719 and its retest, I will look for a long position while a break below 1.89722 and its retest will indicate a short. Until then, fingers crossed
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
My Reasons Why I Entered And Free Trade On GBP/AUD ,Got +70 PipsThis 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.
BluetonaFX - GBPAUD Triangle Break SHORT IdeaHi Traders!
There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside.
Price Action 📊
The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line.
Fundamental Analysis 📰
The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.
Support 📉
1.90556: WEEKLY LOW
Resistance 📈
1.92405: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX