GBPAUDUPDATE AND ADJUSTMENTS ON the hour time frame #GBPAUD. on the previous analysis the level anticipated if the price moved down was hit, and from there it pulled back up, now, is it a retracement ? before bouncing further down to the level on the chart? or will it move further up.Lets wait and see!!
Gbpaudlong
gbpaud boomgbpaud buy :
Reasons :
1)breakout from the regression trend
2)same false breakouts in previous months as indicated
3)all my 3 ema lines indicates uptrend mainly the yellow line(secret configuration)
so if it crosses 1.88800 place a buy trade fro 100 pips as indicated
i decreased the number of pips from tp as it should surely hit the tp without false breakouts again
VERTEXCHARTS | GBPAUD CHART PATTERN ANALYSISGBPAUD daily timeframe is moving in an uptrend channel and is not in the higher high resistance zone of the ascending channel.
A correction is expected to occur following the candle stick price rejection pattern formed yesterday before the bullish trend continues.
GBPAUD IN A CLEAR UPTRENDWe have seen this pair continue to trend to the upside for quite some time now.
Steady higher highs and higher lows have been formed along this trend and we'll love to flow with it.
Since there was a bullish impulse move yesterday, we can expect some sort of pullback for another continuation.
The marked area at 1.87500 was a previous area of resistance, and a possible higher low when price returns to the area.
We'll watch to see how price reacts at this area.
GBP/AUD New Long Setup After Daily Closure For Confirmations 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 Megaphone at Physchological AreaPrice has been ranging since beginning of April.
Megaphone pattern identified at key psychological level 1.8000
Expect price to do one of two things.
1. Break out in bullish direction and reach Price Target 1.8250
2. Breakout in Bullish Direction and reach Price Target 1.7800
Let me know everyones thoughts. This is my take on GBPAUD. Waiting patiently for entry. Once the best entry point is there I will execute. Remember SCARED MONEY MAKES NO MONEY!
Trading Idea Regrading GBPAUD Currency Pair 7/18/2021Right Now ,GBPAUD Encountering Massive Resistance Leading Towards Two Possibilities
1 - It Break This Resistance and After Retest It Will Move Towards 1.89800 Level
2 - It Retest The Range top Which is 1.84697 Level and Then Head Towards Break Out Resistance level
GBP/AUD | Potential Upward Movement 🚀 Technical Analysis:
The price is bouncing inside a bullish wedge formation where we expect a breakout to the upside after a lower correction to the strong support around the 1.8512 USD mark.
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Trade Idea:
Buy Limit Order @ 1.8514
Take Profit @ 1.8656
Stop Loss @ 1.8469
Trade Safely 🙂
GBPAUD facing bullish pressure | 9th July 2021GBPAUD is facing bullish pressure as it continues to hold above the moving average and ascending trendline supports. We could see a bounce at Buy Entry, in line with 61.8% Fibonacci retracement , 100% Fibonacci extension , moving average support and horizontal pullback support, and further upside towards Take Profit, in line with -27.2% Fibonacci retracement and 78.6% Fibonacci extension .
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPAUD long valid 📈👊Our script says it time for a long on GBPAUD H1 strategy.
Entry details are shown on the chart.
We're only looking for TP3.
Trade history can be seen below this trade idea too for full transparency.
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The stats for this pair are shown below too.
Thank you.
Darren.
GBPAUD approaching 1st support, potential bounce!Price is approaching 1st support, which is in line with 61.8% Fibonacci retracement, 61.8% Fibonacci extension and ascending trendline support. We could see a bounce and further upside towards 1st resistance, in line with 78.6% Fibonacci retracement, 61.8% Fibonacci extension and horizontal swing high resistance. Stochastics is also approaching support where price has bounced from in the past, showing signs of bullish pressure.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPAUD facing bullish pressure | 30th June 2021GBPAUD is facing bullish pressure, as it continues to hold above ascending trendline and moving average support, in line with our bullish bias. We could potentially see price bounce at Buy Entry, in line with 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback support, and rise towards Take Profit, in line with 100% Fibonacci extension and horizontal swing high resistance.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
GBPAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above the ascending trendline and moving average supports, in line with our bullish bias. We could see further upside above 1st support, in line with 23.6%, 38.2% Fibonacci retracement, 61.8% Fibonacci extension and horizontal pullback support, towards 1st resistance, in line with 100% Fibonacci extension and horizontal swing high resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPAUD bullish breakout, potential for further rise!Price has shown a bullish breakout from the descending trendline resistance-turned-support, and is now holding above the moving average support as well. We could see a further rise above 1st support, in line with 50% Fibonacci retracement and horizontal overlap support, towards 1st resistance, in line with 78.6% Fibonacci retracement, 100% Fibonacci extension and horizontal pullback resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.