GBPAUD-Bullish After posting double bottom with bullish RSI divergence on one hour timeframe, GBPAUD gave breakout and is making HH and HL. Bullish trend is expectedLongby ALIHAMID112
GBP/AUD LongMontly Chart neutral. Weekly shows an inverted FVG and we respected the last bullish FVG. Same for the daily chart. We trade above the previous day high. IF the current 2h candle closes without potentially triggering my proposed entry level AND stays an inside candle as of now, this could be a long for me. Entry around 1.9184. Stop around 1.9167. First TP around current day high at 1.9210. Second TP around 1.9245. Be aware: The shown CRV of the first entry is only about 1.6. So try to get an entry on a lower timeframe like 15min to reduce your stop and maximise the CRVLongby MichaelBwUpdated 2
GBPAUD has oppourtunity for Inverse SHS patternGBPAUD, wait break 1.9230 with full candle dan wait for retest, will give us oppourtunity for inverse SHS pattern. with target Take profit at 1.9400-1.9450 dan SL i will put at 1.9130. Lets See Happy Trading Disclaimer OnLongby EdyDragonUpdated 5
GBPAUD Expected Growth! BUY! My dear followers, I analysed this chart on GBPAUD and concluded the following: The market is trading on 1.9104 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.9173 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 114
GBPAUD is BullishBulls seem to be in control of the price action as bullish RSI divergence appeared on 1H time frame. Moreover, previous lower high was broken and a higher high was printed, currently price is defining a higher low after which it will move further up. Targets are mentioned on the chart. Longby Fahad-Rafique1
GBPAUD Sell every riseThe GBPAUD pair eventually hit our 1.9000 Target after our latest sell signal on April 04 (see chart below): The price is now consolidating around the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) cluster, imitating the late October 2023 consolidation. As long as it stays below the Lower Highs Zone, is will initiate in our opinion the periodic Bearish Leg towards the 1-year Higher Lows trend-line (green Cup). Our medium-term strategy involves targeting the 1.89100 Support for lower risk. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot4
GBPAUD longMonthly; Head and shoulder formation. Price has tested the shoulder at 1.8900. The thesis on the month for now is buy. The next noticeable and respected region is 1.9250 Weekly; Price collected a lot of buy orders at 1.8600 and there was a rush of momentum up to 1.9500. I can tell that the main price target was at 1.9750 and price has shown that it wants to break the resistance region at 1.9550 but it has failed in multiple attempts. Hence, price had to retrace and go collect orders from a different liquidity zone. As we can see price went all the way to 1.8900, where it consolidated for two weeks (evident due to the two doji candles), so as to collect buy orders. Two weeks ago, a lot of orders were filled and price closed above 1.9100. The previous week saw us retest 1.9100. This week we have tested 1.9100 again so price is headed upwards. The next target is 1.9290. Daily; We can see price consolidated at 1.8900 where orders were collected and a rush of buy orders saw price explode upwards. 27th to 29th May 2024, saw price retest at a major buy region at 1.9195. However, price was unable to close above or break through the 1.9215 handle and it went all the way back to 1.9100 to collect orders on 31st May 2024. Yesterday, price spiked 1.9100 again and a rush of bullish momentum is evident. The next daily targets are 1.9290. This is evident cause price has closed above a daily region at 1.9180 4 hour; On Friday, price tested 1.9100 and headed upwards. Asian session on Monday saw price gap towards 1.9120, which is a 4 hour region since there is a body closure there. Price went up until early London session where we saw price gain bearish momentum Price closed below Friday's low. This tells me that stops were hit. Hence, price gained enough liquidity for it to rapture upwards. We saw a rejection of 1.9170, however, price managed to close above the resistance area. I know that price is headed upwards, however, I have not pinpointed a perfect entry point to capitalize on the move. Longby kingmwenja0
Heading into overlap resistance, could it reverse from here?GBP/AUD is rising towards a resistance level which is an overlap resistance level which lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 1.92017 Why we like it: There is an overlap resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 1.92340 Why we like it: There is a pullback resistance level. Take profit: 1.91362 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets5
GBPAUD SELL | Idea Trading AnalysisGBPAUD is moving in a descending channel between the trend lines and Resistance area. Is near the resistance, where price dropped before. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity EURJPY I still did my best and this is the most likely count for me at the moment. ------------------- Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝Shortby TheGroveUpdated 5512
GBPAUD Buy tradePrice has given us a double bottom and on the 1 hr time frame and also an in verted head and shouders on the 4 hour time frame considering this we could expect higher highs targeting 1.93000 and 1.94500 respectivelyLongby BryceAkwo115
GBPAUDThis Weekly FORECAST Opportunity for GBPAUD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
GBPAUD Continuation of the previous post… All I that is required is patience … And I think everyone needs more patience. Anyways trust the process Clear your mind and cut distractions That way you will find your rhythm.by colefx0
BULLISH MOVEMENT!If price continues to respect this zone(support), waitinfmg for confirmations to enter to continue bullish!Longby KJfx92332
Lingrid | GBPAUD double TOP at RESISTANCE zone. Short FX:GBPAUD recently broke out of a range, only to fall back into the resistance zone and bounce off it. This double top pattern suggests that the bulls' attempt to push the price higher was unsuccessful. With the overall market showing a bearish trend on the daily timeframe, marked by lower lows and lower closes, I believe the price is likely to continue its downward momentum. Currently, the pair is trading just below the psychological level of 1.92000, which I expect to serve as a strong resistance. I expect a rebound from this level, followed by a bearish move as the bears take control. My target is the support level 1.90910 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻Shortby Lingrid5514
GBPAUD longWeekly; Price closed above a major support region (1.9100) and retested it last week Price is therefore showing bullish momentum to the next region of 1.9290 Daily; Price closed above 1.9100 which is major liquidity region The next major liquidity region is 1.9290 Price has already collected orders from 1.9100 and I believe that it is headed to 1.9290 4 hour; Price formed a three pin pattern on the 1.9100 region as well as a double bottom The closest target is the -27.00 of the fib which is 1.9209 My best entry would be if price closes above 1.9175 and retests the region Longby kingmwenja2
GBPAUDWaiting for a pullback on GA. Planning to sell GA from first resistance zone which I marked in box. Use proper risk management. Thank youShortby joelkurien1
Bearish drop?GBP/AUD has reacted off the pivot and could potentially drop to the 1st support which has been identified as an overlap support. Pivot: 1.91692 1st Support: 1.90355 1st Resistance: 1.92457 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets8
GBPAUD SHORTPrice Action Day Trading Daily Bias Bearish. POI - Price broken out of a consolidation. Going down to the H1 TF, Setting a short trade at the broken support level with a SL above the swing high in H1. Targeting Daily Swing Low R:R 1:5 Risk not more than 1% each trade. Shortby royschen070
GBPAUD Lets see how price react in this zone, seem to be a very potential zone for buying, let price run liquidity first Longby Mntungwa876
GBPAUD Trade Setup: Bearish ChannelGBPAUD has piqued my interest from a mid to long-term perspective. I'm looking at two potential shorting opportunities: Key Levels: - Short Entry on Resistance Retest: 1.9212 - Bearish Channel Indication: As long as this channel isn't violated, it strengthens the bearish bias. I'll be looking for shorting opportunities on both the 4-hourly and 1-hourly charts based on these indications. What's your trade plan for GBPAUD? Comment down below and share your thoughts! Happy trading!Shortby RaynLim1
POSSIBLE SHORT ON GBPAUDprice currently on a downtrend market structure on the daily timeframe, broke last support and currently retesting it, which align with fib 61.8 level more confluence for a swing short down, the current structure on the 4hrs and 1hr now together with the daily timeframe, also we see a formation of head and shoulder on daily , 4hrs and currently retested 1hr neckline on the TimeframeShortby benwillams2010
GBPAUD long outlookon this trade am looking to go long. why because the market structure is bullish on the 4h timeframe. Will wait for extra confirmations on the ltf once market tap into my demand zoneLongby oskarmini112
BULLS TAKING CHARGEFrom our point of view, the market is done with a flat correction on a lower degree, therefore we're expecting an impulse continuation to the upside as the map stipulates. Until then, we're looking upside with the GBPAUD for a long long time. Elliott Wave helps us to be miles ahead of the other technical and fundamental traders.Longby Evaristos4