GBPAUD making bullish flag & poleGBPAUD making bullish flag & Pole
Entry according to AB = CD buystop above B
SL below C
Plan a 2nd trade from PRZ
AUDGBP trade ideas
GBP/AUD SELLERS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.930 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
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SHORT TERM SELL — TO CONTINUE UPSIDE GAAfter analysing the daily-5m TF i can see that the market is doing a somewhat of a major pullback which i will be selling before it continues to the upside.
GBPAUD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
GBPAUD LONGGBPAUD is currently retesting a previous break out zone. We could see GBPAUD bounce from here and continue its upward trend.
GBP_AUD WILL KEEP GROWING|LONG|
✅GBP_AUD is making a
Pullback to retest the horizontal
Support of 1.9550 and as we
Are bullish biased we will
Be expecting a local
Bullish rebound
LONG🚀
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GBP-AUD Will Grow! Buy!
Hello,Traders!
GBP-AUD is trading in an
Uptrend and the pair
Is making a local pullback
But a horizontal support
Of 1.9546 is ahead and
After the retest we will be
Expecting a local
Bullish move up
Buy!
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Check out other forecasts below too!
8 Years Deep.I started my trading journey 8 years ago,
And I am still training and aiming for my eye to see it.
You can profit when wrong.You can profit even when you are wrong.
Get in at the mark,
and take profits.
Its not that complicated.
GBPAUD Trade 2 (20240726)1H Timeframe
FIBO Close to 61.8%
Candle stick engulfing
BBFT
Below 20MA
Possible end of Wave 4
Possible Scenario:
D Timeframe reach previous high
D Candle possible engulfing
Trade: 0.02 lot
Short trade
Sell-Side Trade Details:
Date: Thursday, 25th July 2024
Time: 2:00 PM
Session: NY Session PM
Entry: 1.96411
Profit Level: 1.95214 (0.18%)
Stop Level: 1.96761 (0.61%)
Risk-Reward Ratio (RR): 3.28
Sell opportunityThe GBPAUD pair presents an enticing sell opportunity at the current price of 1.96374, with favorable potential for profit.
Targets:
Primary Target: 1.95000
Secondary Target: 1.91400
Breakout Scenario: 1.92640
In the event of a breach above the resistance level of 1.97900, indicative of a bullish breakout, the target price is anticipated to ascend towards 1.9900.
Technical analysis indicates a notable selling sentiment prevailing in the market at the present price level.
Fundamental factors align with the proposed sell strategy, suggesting downward pressure on the GBPAUD pair.
Prudent risk management measures should be employed to mitigate exposure to potential adverse market movements.
Disclaimer: This analysis is provided based on current market conditions and historical price data. Traders are advised to conduct independent research and exercise caution, employing appropriate risk management techniques, before executing any trading decisions.
GBPAUD TO THE FLOORGA has presented itself with a great sell setup. I’m risking a 40+ PIPS for a reward of 200+ My SL and TP would be adjusted to suit market price, use proper RM when taking any trades
GBPAUD: SWING trend in daily time framePlease pay special attention to the accurate trend, and very accurate colored levels.
Be careful
BEST
MT
SHORT GBP AUDDaily liquidity levels have been taken out @1.97477.
Nice top wick rejection.
Looking for heavy selling from here.
GBPAUD READY TO FALLHi traders
I hope you see my previous analysis about gbpaud
I closed my buy position and now Im looking for sell position
if I See sell setup I will take it
gbpaud will rise and break trend line?hi every body
as you can see in my chart Im waiting for buy setup in RALLY BASE RALLY area to make buy
but if I dont see any setup I will not take position
lets see what willhappen
7/24/24 - GBP/AUD anticipating a bullish move to the main target.
bullish overall, waiting for the demand from london to be used or a newer pre-ny demand to take a long set-up.
GBPAUD +500 PIPSSo, we have reached the exit point on GBPAUD.
This was a beautiful setup...
And price moved smoothly with almost zero draw down...
Overall, our risk on this instrument was around 70 pips.
Onwards and upwards we go...
Forwards ever backwards never.
GBPAUD at a RESISTANCE !!!!!!!!!Today we see GA making headways as it rejects a very solid resistant level at 1.95727. This is obeying structure and we should be expecting to see GA bleed from this zone to the next support key zone @ 1.92628.
Let me know what you think
GBPAUD at a RESISTANCE !!!!!!!!!Today we see GA making headways as it rejects a very solid resistant level at 1.95727. This is obeying structure and we should be expecting to see GA bleed from this zone to the next support key zone @ 1.92628.
Let me know what you think
GBPAUD: Technical Sell Setup AnalysisGBPAUD: Technical Sell Setup Analysis
Overview
The GBPAUD currency pair has recently displayed a potential bearish setup on the daily chart. After a sustained bullish trend, technical indicators and chart patterns suggest a reversal towards a bearish market. Here’s a detailed analysis highlighting why this pair might be a good sell opportunity.
Key Technical Levels
1.Resistance Levels:
- 1.9360 - 1.9370: Major resistance zone where the price has repeatedly failed to break through, indicating strong selling pressure.
- **1.9400: Psychological resistance level which marks a significant barrier for buyers.
2. Support Levels:
- 1.9300: Immediate support level which, if broken, could accelerate the bearish momentum.
- 1.9160: Strong support zone that coincides with previous lows, acting as a potential target for sellers.
Technical Indicators
1. Relative Strength Index (RSI):
- The RSI is currently showing bearish divergence, with lower highs being formed on the indicator while higher highs are seen on the price chart. This divergence often precedes a price reversal.
Trade Setup
- Entry: Consider entering a short position around the current price level or on a pullback towards the 1.9320 resistance zone.
- Targets: Aim for initial targets at the 1.9240 support level, with further potential down to 1.9160.
- Stop Loss: Place a stop loss above the recent highs, around 1.9370, to manage risk.
Risk Management
Trading involves significant risk, and it’s crucial to manage your positions carefully. Always use stop losses and adjust your trade size to align with your risk tolerance. Conduct your own research and consider seeking advice from a financial advisor.
This comprehensive analysis, grounded in technical indicators and chart patterns, provides a solid foundation for a potential sell setup in the GBPAUD currency pair. By keeping an eye on key levels and market signals, traders can make informed decisions and capitalize on the potential bearish movement.
