GBPAUDSELL on the theory markets ranges 70% of the time, and SELL on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
GBPAUD.10 trade ideas
GBPAUD LONGGBPAUD has recently bounced from the weekly support and had printed the first HH , so its time to place buy stop over the HH.
GBPAUD LONGgbpaud , buy INSTNAT OR .... buy at any bullish indication of 15min or 1h, and place sl below the support zone as the chart is sync with the rsi ... so it will countinue its bullish momentum inshallaha
Opportunity to BUY GBPAUDI saw that there was a clear base ( RBR ) on GBPAUD, after the price rose on Friday last week.
The GBPAUD plan takes the BUY opportunity if the price enters the base. Look at the chart.
This plan is not a recommendation for making GBPAUD trading decisions, all profits and losses are not our responsibility.
Heading into 50% Fibonacci resistance?GBP/AUD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.92600
Why we like it:
There is an overlap resistance level which aligns with the 50% Fibonacci retracement.
Stop loss: 1.93471
Why we like it:
There is a pullback resistance level.
Take profit: 1.91575
Why we like it:
There is a pullback support level.
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GBPAUD 12/06/2024Weekly:
-Inverse H&S pattern.
-Bullish M pattern.
-IC.
Daily:
-M formation.
-Inverse H&S pattern.
-Bullish M pattern.
-IC acting as magnet for price.
4H:
-Price reacting on the OB.
GBPAUDBUY on the theory markets ranges 70% of the time, and BUY on the theory markets retraces HALF of the previous leg 90% of the time. Entry on 15m TF is recommended.
GBPAUD potentially Bullish continuationFX:GBPAUD broke out of the consolidation phase and doing a retest at the moment, are we going to see a bullish continuation?
I will wait to see if the retest is concluded and a bullish confirmation candle before going in for a long. #GBPAUD just might deliver on a 1:2 RRR.
GBP/AUD Technical Analysis - 2H Chart Bearish Breakout PotentialHey traders, here’s the scoop on GBP/AUD:
The price is currently trading around $1.927190, just below the 21 EMA (yellow line at $1.927662), indicating potential bearish momentum.
The price is hovering near an upward trendline, which could act as support.
Key Levels:
Support: $1.924518, $1.916509
Resistance: $1.933674
Entry Strategy:
Short Position: Look for a pullback to the 21 EMA ($1.927662) and ensure a strong bearish candle closes below this level. That’s your potential entry point confirming bearish momentum.
🎯 Profit Targets:
Target 1: $1.924518
Target 2: $1.916509
Stop-Loss: Set your stop-loss just above $1.927662 to maintain a solid risk/reward ratio. This will protect you in case the market decides to turn bullish.
Monitor price action closely. Trade smart!
GBPAUD Sell/ShortLooking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always.
GBPAUD Sell/Short
ENTRY: 1.93072
TAKE PROFIT:
TP 1: 1.89317
TP 2: 1.86379
SL: 1.94623
Please use proper risk management upon entering this trade.
GBPAUD Long trade idea4H chart:
Bears seam to be weak.
Corrective approach towards entry zone.
= Buy limit set.
1% risk.
GBPAUDGBPAUD buy trade
FUNDAMENTAL :GBP long 63 short 37
AUD long 33 short 67
SENTIMENTAL LONG TO SHORT 77 LONG 23 SHORT
TECHNICAL is bullish making new HH and HL retraced to 0.5 of recent leg and printing bullish candle taken support from 1.9248 area after tapping FVG
combing above all looks to enter premium zone 1.9414 area
BUY current price
stop loss 1.9232
TP 1.9419
good luck trade at your risk
OANDA:GBPAUD
gbpaud buy 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
GBPAUD LongGBPAUD is retracing at the moment, We will take entry from 61.8% of Fib. TP1 would be the most recent high and we will ride this trend until the old Daily high, until the next retracement. At the moment it is also respecting the trend line.
Bullish rise?GBP/AUD has just reacted off he pivot and could potentially rise to the 1st resistance.
Pivot: 1.9245
1st Support: 1.9162
1st Resistance: 1.9338
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GBP-AUD Bullish Bias! Buy!
Hello,Traders!
GBP-AUD made a retest
Of the horizontal support
Of 1.9242 and we are
Already seeing a bullish
Reaction so we are
Bullish biased and we
Will be expecting
A local bullish rebound
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
GBPAUD Bullish (Retest Support, Fib Retracement, Trend Support)GBPAUD shows a bullish momentum at 4H TF. Momentum is supported by strong retest of support and fib retracement close to 0.5%. Rising trendline also provide the historic support for the bullish continuation. Took trade at CMP with SL at previous HL. What do you think, will it work?
GBPAUD: More Growth is Coming?! 🇬🇧🇦🇺
I see a very bullish pattern on GBPAUD on a daily time frame:
the pair formed an ascending triangle formation and successfully
broke its horizontal neckline.
The broken neckline and the trend line now compose the contracting
demand zone.
A bullish movement may initiate from that.
Goals: 1.935 / 1.943
❤️Please, support my work with like, thank you!❤️
gbpaud wedge pattern breakout and a retest / BUY
Wedge breakout and retest
1 day resistance breakout
daily key pivot point rebound
1 hr bullish engulf candle formation on pivot point and on wedge pattern and 1 day previous resistance which is now support
GBPAUDGBPAUD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is 50% Fib retracement level and local support as well. if the market successfully sustain this buying confluence the next leg up could go for new HH.
What you guys think of this idea?
GBPAUD Continuation Long into the next VAPrice finally BO of the sideways more than 2 weeks during sideways consolidation.
With no significant area to the left until the next VA, I am patiently waiting for a H1 continuation pattern to go long.
There are 2 potential levels for a turnaround, the 1st at 1.9295 and the second at 1.9254. Best case we get a bigger H1 3-touch consolidation which taps into the lower area, simultaneously retesting the upper bound of the consolidation before continuation long.
***********
Glossary:
VA – Value Area
Liq.P – Liquidity Point
BO – Break-Out
EO – Entry Order
H1 – Hourly Time-frame
M15 – 15min Time-frame
LTF – Lower Time-frame
HTF – Higher Time-frame
Magenta horizontal Ray – Area of Interest
Magenta rectangle – Gap / Area of Significance
Green Path – Preferable PA
Orange Path – Acceptable PA
***********
GBPAUD: Bullish Accumulation & BreakoutAfter a prolonged period of bullish accumulation in an ascending triangle pattern, GBPAUD rebounded last week and broke through its resistance.
This suggests the possibility of further bullish momentum, with the next target at 1.9373.
