GBPAUD - Near Weekly Support areaHello, i am expecting Price bounce from weekly support area also RSI is over showing me already in over sold area, all other details you can found on the chart, thanks
GBPAUD.10 trade ideas
GBPAUD 1H Long Trade - 1:6 RRRSL: 1.89085
TP: 1.93120
In this trading strategy, we present a compelling opportunity for a long position on the GBPAUD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:6.
Indicators:
EMA200: The EMA200 serves as a critical indicator of the long-term trend direction.
MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend.
Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.
GBPAUD - Look for a short ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement and then to reject from trendline + liquidity zone + FIBO 0.5.
Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD, news with high impact on currency.
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GBPAUD potential shortGBPAUD market sentiment is very bullish, so bearish potential, and the daily trendline may break on the downside. Otherwise, fundamentally, Australia's economy is stronger than the UK's, and Australia will keep its interest rate higher for longer.
Gbpaud H1 Bullish Forecast ✍️Sell side liquidity taken 2 times now we can expect bullish move our target Buy side liquidity (last swing high) ✅
GBPAUD LONGThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
GbpAud BuyHi friends, entry points marked with green line. Do not forget to manage capital and risk. Good luck
GBPAUD Short Term Sell IdeaH1 - Bearish trend pattern followed by a flat correction in the form of a range.
A valid breakout below the bottom of the range would be the validation for this short term bearish view.
Alternatively if we get a valid breakout above the top of this range then this bearish view will be invalidated.
GBP/AUD Made Inverted H&S Pattern , Long Setup Very Soon !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.
Lingrid | GBPAUD trend CONTINUATIONThe price perfectly fulfilled my last idea. It hit the target zone.The market has dropped from the resistance zone, characterized by a series of lower lows and lower closes. FX:GBPAUD broke through the significant level of 1.9000. Currently, the market is consolidating around this level, with a notable resemblance to its previous price action. Looking left we can notice that the market formed a range zone before taking out liquidity above the trend continuation, indicating a potential similar move. I expect the market may replicate this pattern, breaking above the previous week's high and subsequently initiating a bearish trend. My goal is the support the level at 1.88230
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
A Nikeshaped retracement on GBPAUDThe price still has to clear 1.89694 to have an upwards retest to 1.90936 for is to gave a strong drop down to 1.86661 for a weaker Pound
GBPAUD long
Price has hit a major 1.8900 zone on the weekly
There is an M formation with neckline at 1.9200 on the weekly
On the daily, I am expecting a test of 1.9050
If market closes above 1.9050 then price is headed to 1.9200
Sitting on my hands and waiting for something solid
GBP-AUD Local Short! Sell!
Hello,Traders!
GBP-AUD went up to
Retest the horizontal
Resistance of 1.9038
And after the retest
We will be expecting
A local move down
Sell!
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GBPAUD BUYCould this be a possible buying area for GBPAUD?
Based on what price action is hsowing, the market is currently test the 0.618 Fib level, there is also a chart pattern that is forming in this area which gives me a sign of possible trend reversal.
Let's see how this will play out.
Feel free to share your views
GBPAUD sellThe GBPAUD currency pair is beginning to form a structure for further decline. The downward trend seems to have solidified well. The previous major volume zone in the uptrend did not prove itself and was breached. As a result, this leads me to consider further potential downward trend. It seems logical to wait until the price returns to a better entry point, where I could short in a average term swing trade, at least until the first zone, which is at 1.87086.
