GBPAUD trade ideas
How many times have you visited us? - GBP/AUDAs you can see, we are testing a fairly famous reversal zone.
What would you do in a scenario like this?
It is interesting when the market is very symmetrical; my advice is to follow it in a shorter time frame (to catch some good entries)!!
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GBPAUD Sellers In Panic! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The instrument tests an important psychological level 1.9419
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9485
Recommended Stop Loss - 1.9373
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBPAUD SHORT **GBP/AUD SMC Summary:**
- **Change of Character (CHoCH):** Indicates a potential reversal after a pullback into the supply zone.
- **External Order Block (EXT OB):** Price is approaching this key area, which could act as a point of resistance and trigger a sell-off.
- **Break of Structure (BOS):** Confirmed bearish structure below indicates downward momentum.
- Watch for bearish confirmation within the **Order Block (OB)** zone for potential short entries, targeting lower levels around 1.9259.
GBPAUD Moving to 1.91958-Great Trade, Great ROHi Trading Family,
Here’s an exciting opportunity: GBPAUD is showing bearish momentum, and the target is set at 1.91958. This could be a great ROI trade for those positioned right. Keep your stop above the recent high to minimize risk and let the trade ride.
Hope this helps!
Mindbloome Trading
Trade What You See
GBPAUD - 4hrs ( Sell Trade Target Range 180 PIP ) 🟢 Pair Name : GBP/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
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🟢 Key Technical / Direction ( Short ) Break Out Done
Type : Mid Term Swing
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Bearish Break
1.93900 area
Reasons
- Major Turn level / D
- Visible Range HVN
- Channel break
- Choch Zone
- Day low Break
Bullish Reversal
1.92000 Area
Reasons
- Major Turn level / W
- Visible Range Lvn
- Pattern Target
- Fibo Cluseter
- Choch Zone
gbpaud buy signal. Don't forget about stop-loss.
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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
WHAT'S FLOWING: AUDUSD / NZDCAD / EURCAD / XEMUSD / SWISS20 / BC1. AUDUSD (Australian Dollar / US Dollar)
Sentiment: Bearish
Overview: The AUD/USD pair is under pressure, with downward momentum continuing after failing to break through key resistance levels. Traders are watching for further downside opportunities.
Key Level: The 0.6700 level is crucial, with support likely around 0.6680.
2. NZDCAD (New Zealand Dollar / Canadian Dollar)
Sentiment: Bearish
Overview: NZDCAD has been moving lower, reflecting a general weakness in the New Zealand dollar against the CAD. A broader risk-off sentiment combined with stable oil prices has given the Canadian dollar the upper hand.
Key Level: The pair is struggling near 0.8330, with further downside potential towards 0.8300.
3. EURCAD (Euro / Canadian Dollar)
Sentiment: Bearish
Overview: The EURCAD pair has seen bearish movement, with the euro coming under pressure against the CAD. Weaker economic outlooks for the Eurozone have added pressure to the pair.
Key Level: Support around 1.4950 remains critical for any bounce, while resistance at 1.5020 could cap upside moves.
4. XEMUSD (NEM / US Dollar)
Sentiment: Bullish
Overview: XEMUSD has been on a bullish run recently, reflecting strong interest in the crypto market for the NEM token. This token has surged amid broader cryptocurrency market optimism.
Key Level: Watch for resistance at 0.01850, with support at 0.01760 holding steady.
5. SWISS20 (Swiss Stock Index)
Sentiment: Bullish
Overview: SWISS20 has experienced upward momentum, with strong market sentiment supporting the index. Swiss stocks have benefited from a relatively stable economic environment.
Key Level: The 12,220 level is being tested, and further upside could see it target 12,300 if momentum holds.
6. BCHUSD (Bitcoin Cash / US Dollar)
Sentiment: Bullish
Overview: Bitcoin Cash continues to show strength, with the coin pushing higher and remaining above the $350 level. There’s potential for further gains as the market remains supportive of altcoins.
Key Level: Immediate resistance lies at $375, with strong support around $355.
7. QC (Copper Futures)
Sentiment: Bearish
Overview: Copper futures have been trending down, reflecting weaker demand expectations as global growth slows. Commodity traders are keeping an eye on potential further downside.
Key Level: Support lies near 4.32, while any bounce back could meet resistance around 4.45.
This episode explores a mix of currency, crypto, and commodity movements, offering key insights into the market's current direction.
Stay alert for potential reversals or confirmations as these assets approach critical support and resistance levels.
GBPAUD Anticipating C Impulsive Wave DownGBPAUD Anticipating C Impulsive Wave Down
GBPAUD completed an ABC pattern recently.
It appears the price has initiated another A wave for the bearish move, triggered by lower-than-expected UK CPI data, indicating a cooling in inflation.
Today RBA posted strong employment data as well, which is raising the chances for another bearish wave.
Currently, we are in the B wave of the pattern, with the C wave expected to begin soon.
You may find more details in the chart!
Thank you and Good Luck!
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