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...
Technical analysis on the GBPAUD breaking down a potential bearish trend continuation opportunity & showing you the process that I go through to make my directional prediction as well as how i predict potential target taking locations. Any questions or comments, please leave them below. I hope you guys have a GREAT week of trading! Akil
the GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to make a retracement to fill the imbalance and then to reject from bearish order block + trendline. Fundamental news: Next week on Thursday(GMT+3) we will see results of...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
Price is currently rising to the area we identified as our sell entry at 1.91228 which is a pullback resistance that lines in gap with 50% fibo retrace level. Our target is 1.89295 (weekly low ) and stop loss is placed at 1.89295
Sell side liquidity taken 2 times now we can expect bullish move our target Buy side liquidity (last swing high) ✅
SL: 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,...
Could 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 is showing bullish divergence and it break its Last LH which shows potential HH buy on CMP
Hello, 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 has a 80% possibility of going short and the reason for these are 1. Its failing to push above the daily AOI 2. All of the time frames are bearish starting from the Weekly, Daily, 4hour and also the 1hour. 3. There was a strong bearish engulfing candlestick on the 1hour timeframe.
GBPAUD Potential Bullish correction MARKETS BADGER AI finds a BUYING opportunity Holding Period : Intraday Major Trend : Bearish Chart Time Frame: H4 / H1 Trade Type: Minor Correction Price Target: As shown on the chart Status : Active Entry: 1.89450 Technical Indicators : Cycle Sniper - Extreme Reversal Sniper Fundamentals : UK GDP comes better...
Hello traders welcome back its Friday and the last day of the market but before we go at weekend let us book together our pockets. Stay and follow woth me to get nice setups and enjoy my analysis
An AB=CD Pattern has been observed on the 1 hour timeframe. Strong divergence has emerged on the 1 hour RSI, following which the price action has formed a Double Bottom pattern, which hints a likely reversal if the price breaks through the 1.90355 level. Trade Plan: Long Entry: 1.90355 SL: 1.89051 TP1: 1.91660 TP2: 1.92960
we have 4h strong order block we have sharkfin on tdi multitime we have divergence on tdi multime
We have a change of character in 4 hours so we are going to look for purchases in (backwards) to the sales area so we have a lineup in 15 minutes to go shopping. I'm just waiting for the liquidity from Asia to be able to react in an order block of 30 minutes with confirmation. We enter.
Confluences to support the bulls 1. a clear range 2. a clear sweep 3. an energetic push upwards way from the range 4. creation of a valid trading range 5. retracement back to the discount region 6. creation of a structural liquidity pool 7. now price has just picked up the sell stops on the structural liquidity pool