GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and to take liquidity below equal lows and then to reject from bullish order block.
Fundamental analysis: Next week on Wednesday we have news on AUD, will be released quarterly and yearly CPI. Pay attention to the results in order to secure the trade.
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Gbpaudlong
GBPAUD BUYSHello Traders I’m back GA updates, few weeks back I talked about GBPAUD bullish run so it’s time we can say the buys we have been waiting for has come pips target on this trade is around 279 pips so traders let’s take good advantage on this Trade. Happy Sunday guys . Tell me what you guys think about GA.
GBPAUD to find support at previous resistance?GBPAUD - 24h expiry - We look to Buy at 1.8510 (stop at 1.8455)
Previous support located at 1.8550.
Previous resistance located at 1.8700.
Trading within a Bullish Channel formation.
Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return.
Risk/Reward would be poor to call a buy from current levels.
Our profit targets will be 1.8650 and 1.8670
Resistance: 1.8700 / 1.8750 / 1.8800
Support: 1.8550 / 1.8500 / 1.8450
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GBPAUD BUYHello Traders We are looking at GA Buys So Breaking it down Educationally For Understanding So On The Daily TF We Noticed Price Creating HH And HL Even Before That GA is Currently On A Bullish Trend, so Price Broke Out A Resistance Making that Level a New Support Level Which Is Our Higher Low (HL) So Before We See A Buy Moves We Wait For Price To Retest Our HL Level So Let's Wait Patiently. Thanks Drop A Comment On What You Think About GA
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and then to reject from bullish order block.
Fundamental analysis: We have news events on GBP on Thursday 13th of April, will be released monthly GDP which is forecasted to be lower than previous month, this can support our retracement, as lower GDP means weakness of currency.
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TRADE UPDATE GBP/AUD looking good for upside!Inverse H and S formed on GBPAUD we had bullish indicators.
7>21
Price>200 - Bullish
RSI >50 Higher lows
The trade is playing its course and as long as the uptrend support level holds, it's good to keep.
Target 1.8789
If the price breaks below, I would raise my stop loss to lock in profits.
GBPAUD top-down analysisHello 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.
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective of GBPAUD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective as price forms higher highs and higher lows, so I am looking for longs. Price started the retracement which we can see better on 1H timeframe, I expect the continuation of retracement as we have and imbalance lower that can be filled and if price rejects from bullish order block + institutional big figuer 1.80000, I will open a long position.
Fundamental analysis: On Thursday 23rd of March we have news events on GBP. Bank of England planned to raise interest rate by 0,25% supported by a Press Conference. The raise of interest rate means strength of currency which could support our bullish price action.
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GBPAUDHi
GBPAUD has been examined in different dimensions:
1- Strong supply and demand levels that I identify with my own indicator and system.
2- The structure of recently formed waves
3- Current market momentum
4- The structure of classical and price patterns
In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis.
In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram.
⚠️ Disclaimer:
This is a personal opinion and you are responsible for any trading decisions.
React don't say it must look at GBPAUD Hello #letsdothis
We had GA to drop to 1.8 area but look it was a retracement we wanted and it DID retrace but not UpTo the area we predicted (most of us)
I would suggest don't trade the counter trend if you don't want to be whipsawed while in trades let's be patient to react to what GA want to do
NB nothing is guaranteed in the market don't say it must do this it won't and you'll have to explain why it didn't 😂 market does what it wants