GBPAUD- En route to our first target levelOur updated GBPAUD chart further to our previous idea
We expect a further rise to 1,836
Gbpaudlong
H&S Bullish Price is retesting a broken zone and also at the right shoulder to the upside. Tell me what you think, drop me a link let me see your analysis on this pair.
GBPAUD Buy, Going UP,good ideaHello Traders, here is the full analysis for this pair
Watch strong price action at the current levels fors BUY. GOOD LUCK! Great BUY opportunity in GBPAUD ..
I still did my best and this is the most likely count for me at the moment.
GBPAUD: Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been moving with a strong uptrend, following an interesting ascending channel and few bounces on its dynamic support are an extra confirmation of the validity of that pattern.
It has currently reached its dynamic resistance line and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
I believe there is a good chance to see the price rising until the main resistance zone at about 1.79000 but as a trend follower I won't open any long position right now because the price is just around its dynamic resistance line.
I'll be waiting for the price reaching its dynamic support and I'll open my next long position once I'll get a proper rejection on that area.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBP/AUD at Big SupportThis is at a big support level so looking to take a long position soon. MACD is showing on the daily that this is still bearish as it is below 0. I expect this to drop slightly from its current position, if it meets the support area marked in blue then that could be a good entry point with SL just below the lowest point of the support. TP is set at 0.382 Fibonacci of period from March 2020 to the low.
GBP/AUDAs for Eur / Aud and for GBP / AUD we have a nice setup, although we would not be in too much of a hurry to enter the buy position for this pair. It is smarter to set up a much safer sell.
GBP/AUD BUYThe price has been in a downtrend since October 2020 (Red trend line)
and I'm expecting to catch the retracement move.
I can see that the price is in an uptrend since January 6th respecting the blue trend line and has reached a major resistance level.
I expect the price to fall back to the trend line, then expect it to continue the uptrend breaking the resistance until it reaches the downward Red trend line reversing the trend, indicating that the uptrend (retracement) has stopped.
British Pound / Australian Dollar 4H ( Buy Setup ) Here we go traders, the next week we more into buying mode. And here we go t=new structure breaker at the downtrend and now the market is in uptrend. I'll be wait for the price to retrace back to create new HL and yeah there I'll be placing my long setup.Good luck Traders.
Greetings,
Mr. Trade from Malaysia.
GBPAUD Long Analysis going well so far Hey guys this was a signal I posted on my Tiktok account currently im up a little over $200 and am a happy soul. We have confirmation on the 4 hr and 1hr time frame. Between the bounce off the Fibonacci level and the itchumoku cloud we have serious confirmation for this trade. On top of that price bounced off a key support zone.
GBPAUD BULL RUN CONTINUEAs we can see a flag pattern and TL test for bullish run.
So we are expecting a long term bullish run after TRENDLINE TEST.
