The overall bullish structure of the pair is bullish as we can see the bullish flag pattern on 4HTF with a preceding high momentum (impulsive) move. In between this 4HTF pattern there's a formation of a double Top. And currently price is moving with a momentum. I'm anticipating that price will go into a correction phase (information of a continuation pattern)....
The GBP/AUD pair on the H1 chart exhibits a bearish signal suggesting a potential decline in the coming hours. A recent downward breakout from a triangular consolidation pattern could offer a shorting opportunity. Key Points: Triangle Breakout: The price has been confined within a triangle formation, characterized by converging support and resistance lines....
Hi guys, its your girl forex potatoe and its another week of opportunities. January as been a pretty slow month for swing traders but here we have an opportunity to short GBPAUD, i am just took a short on this trade with my stop loss and take profit in appropriate places as with my tool. GBPAUD has been in an uptrend and has encountered a solid resistance and...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
+ 1.) took massive weekly highs 2.) reject weekly level 3.) holding daily/weekly zone 4.) daily momentum candle wait for a small pullback before short still liq. above
Hello traders, I'm expecting GBP AUD to head lower, I'm waiting for the daily FVG to get disrespected to then get involved in selling this pair as always I want to see a shift in structure first, my target would be the weekly FVG first, and if this one get disrepected also I would continue selling.
I am expecting GBPAUD to drop heavily in the next weeks as we are seeing distribution schematic on daily chart. Disclaimer: Trading includes risk. Do your own analysis.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we can see that price filled perfectly the imbalance, took buy side liquidity and reacted from institutional big figure 1.94000. Now I expect bearish price action at least till 1.89000. Like, comment and subscribe to be in touch with my content!
Looking at a new rejection that seems to have been struggling to break past 1.93100 I can confirm to say this seems like a bearish downtrend that is occurring. I will take my entry now at 1.93072 with all inputs for TP and SL below. Please use proper risk management as always. GBPAUD Sell/Short ENTRY: 1.93072 TAKE PROFIT: TP 1: 1.89317 TP 2: 1.86379 SL:...
I'm currently waiting for this 1HR trendline going back to Jan 2nd, 2024 to break and retest. Once it breaks below the trendline AND closes below the pivotal point of 1.90458 I will then start placing sell orders. The Daily D FIB Extension is at 1.84685 so that will be my main target on the way down. I will be selling every counter trendline break opportunities I...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from institutional big figure 1.91000 + FIBO 0.786 level. Fundamental news: Next week on Wednesday will be released yearly CPI on GBP...
🕛 TOPDOWN Monthly: The presence of a triangle signals a continuation, coupled with a rejection at the upper trendline, indicating potential upward momentum. Weekly: Notably, a change in character is observed. To pursue further highs, a deeper downward movement for a liquidity sweep is anticipated, suggesting a potential downside. 😇 7 Dimension Analysis Time...
GBPAUD had a nice pullback to the broken channel and has chance to goes down again. British pound is under pressure of uncertainty in economy and can weak against other currencies. Trade safe. Good luck.
Hello Traders, On GBP/AUD price retraced to the IRL which is the weekly FVG, indicating potential bearish movement toward the ERL at 1.8588. However, I'll wait for a clear shift in market structure on the 4 hour chart before considering a trade, aiming to enter during the second phase of the distribution pattern to reach the target.
We see a huge bearish factor as price retraces to the resistance zone and the 800EMA, an 800EMA rejection especially on the weekly is a huge factor, as this is projected we expect price to get to Trend Line 1.85013.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block + institutional big figure 1.90000. Like, comment and subscribe to be in touch with...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...