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!!
Gbpaudshort
Oulook on GBPAUD: Pullback presents an opportunity to sellHi everyone, GBPAUD remains under pressure from its daily resistance as well as our H4 descending trend line where we could see a further downside here. A pullback to our H4 resistance at 1.88800 in line with the 61.8% fibonacci retracement presents an opportunity to enter a short, keeping in mind that prices are holding below the resistance area on the daily time frame.
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
once again, going down a bitGot stopped out yesterday after the mighty green shoot, I hope today it won't be the same scenario.
Pound has stabilized and in consolidation since yesterday's boost, which I believe it gives enough opportunity for GBPAUD - consolidate a bit, and then going down a bit to at least TP2.
trailing stop. Like stated - going down just "a bit" :) If it falls, it falls hard and we can catch at TP2 and further, however, TP1 is the goal and be grateful for not losing money.
If you have missed the first drop entry, don't entry (or enter at your own risk), as it may bounce
SL: based on historical supply zone on weekly chart.
TP: Fib lines based on past weekly and daily highs/lows.
GL.
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.
going down a bitNearly all GBP pairs went downhill this morning highly possibly because of DXY which jumped from bottom up.
Hope you caught this as GBPAUD is on the other side similar to DXY, but reaching to the upper edge of the rising channel on daily, so if no surprises I expect it to go down by a few inches.
If you missed out, you can try enter a few pips down below the TP line.
The charts on daily and lower time frames all at risk of a reversal from my opinion, so keep watching, there might be some good profits any time soon this week or next.
GL.
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!
GBPUSD chance for a sellHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPUSD foaming a tripple tops there will be a sell chance if broke the neck
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit week guys
GBPAUD Has Formed a Bullish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, GBPAUD on H4 has made a Bullish Flag, If the price gets out of the Flag below 1.8498 we can look for potential entries.
⬇️Sell now or Sell at 1.8665
⭕️SL @ 1.8756
✅TP1 @ 1.8498
✅TP2 @ 1.835
✅TP3 @ 1.8145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPAUD, 4hr tf, holding below weekly resistance
We might finally see this pair drop as well. As you can see, there is a doji candle in the 4hr candle exactly below the resistance. This could be a turning point for GBPAUD.
As long as price hold below 1.8650, we could see GBPAUD going down for a correction.
I will try selling this pair once again.
Sell GBPAUD 1.8630
Stop loss 1.8700
Take profit 1.8420 (3R)
Use only 1-2% risk
Good luck
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
GBPAUD, 4hr tf, broadening wedge pattern
I do respect the idea that GBPAUD might drop along with EURAUD. We're also near the horizontal weekly resistance right now.
If i draw a trend line connecting the low and high of GBPAUD recent movement. It will look like a broadening wedge pattern.
In terms of Elliott Wave, this is a broadening ending diagonal.
Sell GBPAUD 1.8610
Stop loss 1.8670
Take profit 1.8410 (3.3R)
Use only 1-2% risk
Good luck