Hello,Traders!
GBP-AUD is clearly oversold
So as the pair will soon hit
A horizontal support level at 1.886
I think that we will see
A local bullish correction
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
As per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot.
I believe...
Hi Traders!
There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside.
Price Action 📊
The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line.
Fundamental...
Price arrived at 1.9000 with a strong bearish daily candle. Because of this momentum, we should look for a continuation but this region is a strong support as well as a round number. The 1st thing that usually happens before a reversal is an indecision candle (small body with large wicks) appears. At this moment I have no real reason to believe that the uptrend...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at1.9077, which is pullback resistance level
Our take profit will be at 1.8976, a swing-low support level. The stop loss will be placed at 1.9166, an overlap resistance level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and...
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
✅GBP_AUD is going down now
But a strong support level is ahead at 1.8867
Thus I am expecting a rebound
And a move up towards the target at 1.9100
LONG🚀
✅Like and subscribe to never miss a new idea!✅
GBPAUD is unfolding a five-wave bearish cycle on a monthly basis, currently finishing a bearish triangle pattern within wave (IV). Big turn down can occur.
GBPAUD turned bullish at the end of 2022 and start of 2023 after completion of a three-wave A-B-C decline for a higher degree wave D down at 1.59 area, from where we have seen a strong rebound but once again...
Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker...
Pair Name : GBP/AUD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
------
🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( ❗️ Short )
Type : Mid Term Swing
——————————
Bearish Break...
Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2
Account Growth = 10 %
Pip' Achieved = 160 PIP
Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3
Account Growth = 15 %
Pip' Achieved = 240 PIP
Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3 + 4
Account Growth = 20 %
Pip' Achieved = 320 PIP
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...
GBPAUD is on a downtrend on the 30min timeframe today... The british pound is under pression because of inflation issues and this pair seems to be a good one to short the pound. At the moment, price has formed a triangle after a downward extension and if broken to the downside, price will create further continuation.
Entry : 1.94307
SL : 195140
TP : 1.91150
RRR : 1/3.8
Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !!
Support Broker with me in the Bio section
#GBPAUD have been on falling all the month and still showing a bearish momentum, given the patterns recently formed indicating a continuation movement and the atual pattern formation it is also a continuation pattern that indicates a bearish movement in the market. The price it is expected to fall to 1.9086, before anything else we wat for the market to surely...
