We're looking at GBPAUD on the H4 timeframe today - and we can see that it has already bounced quite nicely off a major overlap support. Now the key thing here is the 23.6% Fibonacci retracement. If price is able to break beyond that level, we could see a further acceleration up towards the 1.8805 level which is the 38% Fibonacci retracement and a bit of an...
Recap of last week and an update to what I expect to see this week.
Welcome back! Here's an analysis of this pair! **GBPAUD - listen to video analysis. 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 straight to your...
Hey Guys, GA is looking great from the higher timeframes for a longer-term move lower. I have just been tagged into my position for the short, the at least complete to the lows of the larger flag. I took this based on the lower time frame price action of having the first push and flag from the third touch of the larger structured flag. In this breakdown I...
Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension, and 161.8% Fibonacci retracement. If prices push higher, prices might face resistance from 1st resistance in...
Prices are facing bearihs pressure from pullback resistance, in line with 78.6% Fibonacci retracement and 100% Fibonacci extension. Prices might push down towards 1st support which is in line with 78.6% Fibonacci retracement and horizontal swing low support. If prices push up further, prices might face resistance from 78.6% Fibonacci retracement and 78.6%...
GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement. If prices fall through 1st support, prices might take support from horizontal...
Price is approaching our support in line with our ascending trend line where we could see a further upside above this level. 20 EMA and Ichimoku cloud are showing signs of bullish pressure as well.
Prices are facing bullish pressure from our support and ascending trend line where we could see a further upside above this level.
GBPAUD trade forecast. After the strong push down to our selling target, we have seen the pair look to have come exhausted. Now we can see the start of a potential bullish market after a level of support has begun to form.
GBPAUD trade recap video. The opportunity has been and gone. However there is always another opportunity to come.
GBPAUD trade forecast video. I am all about quality over quantity. Because of this, I spend a lot of time waiting for a trade that will never come or watching an opportunity pass me by. It is a common misconception within the forex industry that a trade should be executed every time you are on the chart, this is not true. Time should be spent breaking down a...
GBPAUD could see bullish pressure from key support! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Price is facing bearish pressure where we could see a reversal below this level.