Gbpaudshort
GBPAUD Forming a double top GBPAUD appears to be attempting to complete a double top.
As long as no candle closes above 1.99245 this trade remains valid.
I am still new to forex trading so personally I will be holding off till the confirmation of a double top before entering this trade. Hopefully some experienced traders can weigh in with their thoughts.
GBPAUD A Great Selling Opportunity 🤨👌Trade Proposal:
There is a probability of first tp to the proposed ( 1,8900 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals.
Technical analysis:
GBPAUD is in Downtrend and It is Expected to Continue Downtrend.
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.
GBPAUDClassic AMD Trade / Asian - London - NY
Old High Taken (Last Years High)
We Have A ACCUMULATION (A) BOX, Which Is Also Our Asian Boc
We Had Price Selling A Bit Forming Our MANIPULATION (M) / London Open Rally
Whilst Forming A MANIPULATION, It Filled The Liquidity Void
Filled In The Bearish Order Block
Formed HTF Divergence
PD Arrays Checklist
Old High Taken ✔️
Imbalance ✔️
Bearish Orderblock ✔️
Breaker Block (In Progress
Mitigation Block (In Progress)
Type Of Trade
Reversal AMD Trade
Discount PD Arrays Active
Divergence Reversal
ID50 London
Turtle Soup Short (TSS)
My Expectation
Price To Start The Distribute Downwards(NYO/ NFP)
Price To Mitigate On The Order Block
Price To Fill The Liquidity Void Below
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GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/AUD
TREND ANALYSIS
We have 2 Downtrend in red color (Long Term and Internal Trend)
We have 1Uptrend in green color (Long term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPAUD hourly short | Algorithm TradingGBPAUD hrly short
⚠️ Low volume + momentum, half risk
shortstop @ 1.88576
TP #1 @ 1.88158 69.44% wr
TP #2 @ 1.87684 50% wr
SL @ swing high 1.89104 22.22% hr
WR and HR determined from past trades on this pair.
More trades like this on my profile and on bifrosttrades.com
A divergence signal appeared with GBPAUDH4 time frame.
Structure: Uptrend.
A divergence signal appeared with the MACD indicator.
Wait for the price to break the Key level at 1.87500 and have a bearish confirmation signal, then you can find selling opportunities.
The profit target is the 1.84000 price zone.
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Wish you all have a good trading day!
GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/AUD
TREND ANALYSIS
We have 1 Downtrend in red color (Internal)
We have 2 Uptrend in green color (Internal Uptrend and long term uptrend)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPAUD, 1st target reached and now ...Hello everybody
Did you check our previous analysis of GBPAUD ? Did you take 170 Pips profit from last free analysis ?
If you want to learn technical or fundamental to can take this kind of profit from your own analysis we can learn it to you ---> send us messages in private our id is in profile
According to the chart and last analysis that we publish exactly price impacted to the resistance zone area and drop to reached to our 1st Tp and now according to the momentum of the movement that is becoming weak we expect the price should drop more and again reach to our first Tp and move like that route we shown on chart in last analysis.
Guys please learn how to manage your position and manage your capital to be successful in the market.We shown on chart the opportunities but this is yours to manage it and risk free the position.
If you have any question send us messages in private
Good Luck
Abtin
Last analysis :
Previous analysis :
GBPAUD potential bearish dip! | 26th Jan 2022
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GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price takes out liquidity above buy side liquidity (asian highs) and 1.89000 as a institutional figure, we had a bearish candlestick closed that means for me bears took control in this area and we should go down.
What do you think ? Comment below..