Gbpaudlong
Wait for CAB entry to validate a SELL opportunity Hi Traders,
GBPAUD has been shaping up to give us a breakout and a possible CAB entry for a short position. Pride is approaching the bottom boundary from making a double top and impulsively pushing down.
Looking for a impulse breakout followed by correction before entry will be taken.
What's your view on this pair ?? Comment below and let's talk about it.
Support me by clicking the like button if you agree with this analysis!
GBP/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/AUD
GBP/AUD Is coming in to a strong support area, I am looking for a rejection in the order block zone and will be looking for a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
GBPAUD AnalysisHello Traders,
Hope you are having an amazing week !
I am short biased on GBPAUD for the rest of the week, we are breaking impulsively and i expect further continuation to the downside.
I have already taken a position earlier in asian session, hope to see a bit more correction so i can scale in another position.
Wishing you a profitable week ahead!
Disclaimer: this is not financial advice, charts we share should only be used for educational purposes
ETGL Team 💛
GBPAUD is a LongWe recently caw good bounce from 0.382 fib after the completion of our previous upward impulses cycle. And now we are in the new upward impulse waves indicating that the Buyers are dominating the market. I have not seen the weekly waves yet so I am assuming that the next upward impulse wave will be wave 2.
It will be a good thing if we swiftly go up with good volume from that Flag, but lets see how the market reacts.
GBP/AUD 4HR BUY SET UPHi TRADERS this is my trade set up for the GBP/AUD
GBP/AUD Is in a strong support area I, am looking for a rejection in the order block zone and will be looking for a buy only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
GBP/AUD Day Trading Analysis (2022.02.06) High probable buy setups coming early in the week on GBP/AUD. We might dip a little bit lower before the next impulse to the upside. Previous analysis playing out so far and I am sticking to the buy plan.
Before looking for entries I would wait for a lower timeframe change of character and to confluence with the higher TF structure.
GBPAUD Analysis 1hr 5/2/2022Update:
Been looking at this pair for a couple weeks and I think we are looking quite bearish now, several confluences suggesting this as well. firstly looking at the perfect rejection off of this big box of resistance, we haven't managed to break that high for weeks and last week it was broke but no candle close above just a wick.
if you look at last weeks price action the move down after getting rejected was huge so a short seems to me like the perfect play here.
we also made lower highs on the weekly so failed to break last weeks high.
So waiting to test my small box just above price as resistance before moving to the downside. I would wait to see what price does at this level but if we get rejected on my closest box that is a carbon copy of last weeks price action only this time I think we look even weaker. again Monday could change everything so SL very tight if we break above Fridays high and the big resistance box with a confirmation candle I will be bullish. until then sticking with the bearish narrative.