GBPAUD - LONG IDEA (UPDATE)Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Inverted Head & Shoulders (Market has already retraced after the breakout)
3. Fibbonacci Retracement at golden zone (0.618)
4. Fibbonacci Expansion Take Profit Level is also a major key level.
6. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
7. Monthly Chart Double Bottom
Gbpaudlong
GBPAUD - LONG IDEA Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Inverted Head & Shoulders (Market has already retraced after the breakout)
3. Fibbonacci Retracement at golden zone (0.618)
4. Fibbonacci Expansion Take Profit Level is also a major key level.
6. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
7. Monthly Chart Double Bottom
GBPAUD - LONG IDEA Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Fibbonacci Retracement at golden zone (0.618)
3. Fibbonacci Expansion Take Profit Level is also a major key level.
4. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
5. Monthly Chart Double Bottom
GBPAUD 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
GBPAUD 4H TIMEFRAME!
GBPAUD BUY - 1.79920
🎯TP - 1.80130
🎯TP - 1.80427
🎯TP - 1.81120
📈SL - 1.79415
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GBPAUD take off?? I think GBPAUD is about to take off.
Price appear to have formed a bullish flag on the 4hour time frame, and made a break out.
This is looking like a swing trade. If you go take a look at the weekly chart, you will notice that price was in a retracement for the pass 2-3 weeks. Price found support and is now making a push to the upside.
GBPAUD LongOB identified on the 1H chart, buy limits in place in anticipation for push up.
If you disagree or have an alternative view I would love to hear it, discussion helps everyone be a better trader :)
Please like if you found this useful as it helps me out and lets me know if people find it insightful!
GBPAUD Long Price has been consolidating around this area for a few weeks, it is now back up at the channels top. I will now be waiting to see if there is going to be a clean break or it is going to reject again and continue moving sideways. If i see a clean break i will be waiting for a retest then wait for confirmation and go long on this pair.
GBPAUD Forecast!! Looking Great!!!PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The same fractal patterns happen over and over again!! We could get some asian sweeps Monday and Tuesday.
GBPAUD Big Movement Incoming...Previously for GBPAUD, we managed to hit our take profit price at the resistance level @1.8125. After which, I mentioned that a could be a potential breakout from that resistance level. Looking at the current price movement, I see a potential movement to the upside. It was not as one directional as we thought it was previously. We managed to see a bearish movement after the movement to the resistance level. However, if we are to look at the current movement, we can see constant rejection off our MA and EMA. What we managed to see is a higher low building strength for a potential breakout of that level, bringing price possibly to the next resistance level @1.8335.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
GBPAUD Long running 3%. Look at my last forecast of areas i was interested in for GBPAUD. I had two strategies in the one entry which is what I love, The asian sweep and My POI. The Pa could definitely turn here, we dont know where my PA is going. We just enter in high probability areas and protect our capital so we don't lose capital, you can make trading that simple and not over think it. My risk is of the table and I cant lose. I will target equal highs up the top. I would like a sweep of them first. Give us follow and a like for more upcoming forecasts.!!!