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,...
After multiple timeframe analysis GBPAUD ABCDE triangle wave sell short GBPAUD idea 2 ideas: -mid term -long term multiple TP extra TP 1.90529 TP 1.89180 TP 1.87540
Bearish structure, re-tracement leg in progress. Waiting for price to reach zone before initiating sells. Price may potentially create more liquidity within range before taking zone. Safe and happy trades.
Here is our detailed technical review for GBPAUD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.895. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.881 level soon. P.S The term oversold refers to a...
In the area at H4 timeframe, we can look for the Sell position
Price is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 1.9313 1st Support: 1.9093 1st Resistance: 1.9429 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...
The 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...
Checklist: - Monthly, Weekly & Daily: Downtrend - Price coming from strong Monthly trend line - Price breakdown of 200EMA on the Daily Timeframe
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.
Hello,Traders! GBP-AUD is trading in a Downtrend and the pair Is making a pullback from The horizontal resistance Of 1.905 and we will Be expecting a further Move down and a retest Of the support level below At around 1.891 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
I look for consolidation at areas of support and resistance, then wait for price action that represents a strong breakout. It's important to understand the difference between a breakout move and what I call an exhaustion move, which I define a candle that is substantially longer than the previous candles at the top or bottom of a trend. This type of price action...
GBPAUD Short! D1 price ranging back to the original level. SL - 1.90692 TP - 1.89619
GBPAUD Breakdown: #Timeframe Confirmation Hour: Downtrend Daily: Downtrend weekly: Downtrend #Perception We in a downtrend and looking to continue selling
Selling GBPAUD here as there is strong supply at current price. However, looks like price has eaten into the majority of the supply so half risk on this one.
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.
On the 4 hour Timeframe, the 4 hour Range that we are in. This a good range because it meets these 3 critierias: 1) Price is in a range in either the 1hr,4hr or the daily. 2) The range is at least 100-150 Pips wide(can be larger, no issues) 3) The support & Resistance have at least 2 or more taps minimally for the range to be strong. As price is...