Gbpaudshort
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8517).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.8404
TP2= @ 1.8327
TP3= @ 1.8235
TP4= @ 1.8167
TP5= @ 1.8103
TP6= @ 1.7945
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8517).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 1.8404
TP2= @ 1.8327
TP3= @ 1.8235
TP4= @ 1.8167
TP5= @ 1.8103
TP6= @ 1.7945
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBP/AUD Running In 50 Pips From Last Analysis, Did U Catch It ?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 OVERVIEW for the week commencing on 21st June 2021Weekly Chart Closure - strong bullish momentum on candle closure, creating an morning star pattern on the Weekly chart.
Daily Chart - currently in an uptrend, market wicked to 38.2% which is in line with previous level of resistance (which the projection now would be -27% which is around the 1.86000 area).
H4 Chart - Break of small range area to the upside, showing signs to continue bullish momentum.
30m Chart - in a uptrend retraced 50% and rejected projection would be -27 (1.85500), ideally would like to see another touch of the support level to try and get involved with the long opportunities or see a break of the resistance level and a pullback after that.
GBPAUD - Failed AttemptI got caught in a failed sell last week from the order block.
Since the price is deciding to continue higher, it leaves me no option but to consider the possibility of the last high wipe.
I would like to see a push above the last high before we see a collapse.
GBPAUD Short Multi time-frame Analysis Hey traders, here is the analysis for the GBPAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPAUD is in Bearish ModeAs we can see the market has rejected its HH trend line which is indicating us for falling.
GBPAUD potential pullback to trendlineGBPAUD is approaching horizontal pullback resistance in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might pullback towards horizontal swing low support in line with 61.8% Fibonacci extension and ascending trendline support. If prices continue to push up further, prices might face resistance from horizontal swing high resistance in line with 100% Fibonacci extension . MACD is also showing a crossover and a bearish signal.
GBPAUD Sell Trade Idea (My View)Nice Short Opportunity With GBPAUD ... Idea BASED On Trend::: Perfect Spot To Enter A Short With SL Slightly Above Previous High. TP The Lower Low The Market Created.
GBPAUD Sell 4hrGBPAUD formed a Triangle pattern in the weekly TF and has been ranging for the past few months.
Now it provided a sell signal in 4hr TF
TIPS: Enter the market when a bearish candle pattern formed
Don't blindly follow this idea, make your analysis
Don't forget to place your stop-loss
Don't predict the market, let the market react
If you like my idea please follow me for the updates
Happy trading!
GBPAUD - Understand LiquidityFrom a money distribution perspective, this pair is ready to dive down either from this point or from the demand zone marked above it.
GBPAUD, 4hr tf, breakout of broadening wedgeRecently, price managed to break below the support of this ascending broadening wedge pattern.
Notice for price consolidate near the support before breaking below it. This consolidation looks like a bearish flag to me.
We could expect price to continue go down towards 1.8100 area. The target of this wedge is at 1.8092 but we will aim to take profit a little bit above the target.
Sell GBPAUD 1.8260
Stop loss 1.8320
Take profit 1.8110 (2.5R)
Use only 1-2% risk
Good luck
if GBP continues to have pressureIt is up to the resistance but still a distance away, so if pound finds its strength it can break up to next high, but for now it seems sell opportunities exist (no mention the GBP/USD pair may face another pressure due to the NFP from US)
gbpaud- 2 potential setups near futureHello fellow traders; time for another analysis w/ SmoothPips
🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together!
❓ What's unique about SmoothFX?
-All trades executed off of the same "strategy"
-Easy to read charts
-Multi Time Frame Analysis
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-Very high probability
-Experienced
🎯Leave some feedback & let's chat. Always willing to hear other bias'.
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🤞Please remember not every analysis will be 100% correct. Use your own due dill & discover your own research.
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SmoothPips
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GBPAUD - Sell signal* TAKE THIS TRADE AT YOUR OWN RISK *
GA Approaches its 20 day highs, potential reversal in play... Lets see how far the correction takes us....
GBP/AUD Full Analysis And 200 Pips For Free In This VideoThis 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
