AUDGBP trade ideas
GBPAUD Is Bearish! Sell!
Take a look at our analysis for GBPAUD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 1.973.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 1.953 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBP-AUD Bullish Bias! Buy!
Hello,Traders!
GBP-AUD is trading in an
Uptrend but the pair is
Making a local bearish
Pullback and will soon
Retest a horizontal support
Of 1.9680 from where we
Will be expecting a
Bullish rebound
Buy!
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Check out other forecasts below too!
GBPAUD: Short Signal Explained
GBPAUD
- Classic bearish pattern
- Our team expects retracement
SUGGESTED TRADE:
Swing Trade
Sell GBPAUD
Entry - 1.9763
Stop - 1.9881
Take - 1.9531
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD likely bearish short termThe chart displays a strong uptrend, with the price making higher highs and higher lows, indicating bullish momentum.
There's a resistance around 1.9780 level
The support zones are around the 1.9580 and 1.9400 levels
if the price stays above the Ichimoku Cloud and key support levels, the uptrend remains intact
If price breaks below the lower support at 1.9400 with strong bearish volume, this could suggest a deeper correction.
gbpaud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
HIT TP ๐๐๐
Continued GBPAUD Trade BUYPrice Action won't let me let go of this trade. My runner is running through resistance levels with ease so added another position at 1.97805 and wanted to share my thoughts on target levels.
Will update if I have to exit the trade before the final target due to trend exhaustion.
SEE PREVIOUS TRADE IDEA FOR ANALYSIS.
A Good Opportunity To Take A Calculated RiskLooking at the 4Hr timeframe, a more responsible timeframe to look out to in a Day trade of a bullish currency pair, the last long green candle evolves from the last created support without fully filling the fair value gap, thereby making that very support zone a liquidity. Filling the gap to the immediate demand zone below is just the work of the sellers and can be seen as the pullback.
In other words, a lower timeframe is required to see clearly the structures produced by the buyers, ofwhich placing your entry on the last created and unmitigated structure, and your stop loss slightly below the higher low minimizes your risk and maximizes the return. An instance on the 30Min timeframe of GBPAUD, same timeframe where the liquidity is clearly visible as well, when the pullback breaks through the trend line(liquidity) into the demand zone, the uptrend just irresistibly continues until it makes a new higher high. Remember if you can't see the liquidity, then you're the liquidity. Peace ๐๏ธ๐ฏ
GBP/AUD BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
We are now examining the GBP/AUD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.957 level.
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GBPAUD Trading Opportunity! SELL!
My dear subscribers,
My technical analysis for GBPAUD is below:
The price is coiling around a solid key level - 1.9684
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 1.9541
My Stop Loss - 1.9755
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Heading into multi-swing high resistance?GBP/AUD is rising towards the pivot and could reverse to the overlap support level.
Pivot: 1.9692
1st Support: 1.9559
1st Resistance: 1.9805
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