Price have changed the characteristics and we also have witnessed that these characteristics will ultimately take the price to an another higher high resulting in us gaining a clear +619 pips move. You can use this chart for educational or bias purposes only. this is not a guaranteed price move by any means.
GBPAUD is consistently making lower lows and lower closes on the 1H timeframe, indicating a potential ABC formation. Over the past two weeks, the market has been moving within a defined weekly range, suggesting that the price is currently in a consolidation phase. Additionally, the price has recently broken and closed below the key 1.95000 level and the upward...
GBP/AUD 4H Analysis: Sell Opportunity
Pattern Overview:
The GBP/AUD currency pair is currently exhibiting a clear downtrend on the 4-hour chart. This downtrend is characterized by a series of lower highs and lower lows, indicating sustained bearish momentum.
Technical Indicators:
Trend Analysis: The overall trend is downward, with recent price action...
GBP/AUD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 1.96072
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 1.96958
Why we like it:
There is a pullback resistance...
Hello,Traders!
GBP-AUD is going down
After the bearish breakout
Of the key horizontal level
Of 1.9530 and as we are
Bearish biased we will
Be expecting a further
Bearish move down
Sell!
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ICMARKETS:GBPAUD is showing a bearish setup through the analysis of Bell Curve & basic FVG points, please keep upcoming news in mind, best thing to go for is short on this currency (short term). SL is tight but be aware of liquidity wick.
- Price on the 3 month timeframe is very bullish as there are consecutive higher highs.
- Price on the monthly is bullish as well since August's month candlestick broke above a high.
- With this in mind, we know that price is just collecting orders before we see a move upwards.
- My monthly targets would be at 2.0365
- Two weeks ago, the week's candlestick broke...
Hello, Friends!
GBP/AUD is making a bullish rebound on the 1D TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.922 level.
✅LIKE AND COMMENT MY IDEAS✅
THIS IS MY SETUP FOR GBP AUD
I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3.
Trade carefully
This is not financial advice, DYOR.
The price is showing a strong bullish trend with a clear HH and HL structure, currently retesting the HTF trendline before potentially continuing to the next Supply Zone. With a RBR pattern serving as confirmation, the next Demand Zone holds high potential for the price to take the order block and continue moving upwards.
Let's see if the price can reach the...
We’re looking at the GBPAUD 4H chart, where a fresh BUY signal has been triggered, signaling potential upside movement.
Key Observations:
- BUY Signal: A BUY signal was generated at 1.95551, suggesting a potential reversal and an opportunity for a bullish move.
- TP Zone: The identified Take Profit (TP) zone ranges from 1.96055 to 1.96544, offering a...
Waiting for more context to decide which setup has highest probability. Will trade the lagging pair into the zone.
___
Esperando tener mas contexto para elegir cual par comprare. El que llegue de ultimo comprare.
Here is why:
- On the 3 month timeframe, price has formed mini higher highs indicating that price is headed upwards. My targets for this timeframe are 2.03700
- On the daily, if you zoom in on yesterday's candlestick, you can see that price broke a high. Moreover, 1.9650 is a very strong liquidity area. Price attempted to break that area but was unable. We see...
Hello,Traders!
GBP-AUD is going down
Now but the pair will soon
Hit a horizontal support
Level of 1.9512 from
Where we will be expecting
A local bullish rebound
Buy!
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GBPAUD many are project bullish expectations in last period, especially when we are saw break of uper trend line. Whats now, looks like break is be fake and now we can expect bearish push till bottom trend line and personally here expecting and break of same and higher bearish continuation.
GBP is have nagative results on today GDP event
TP: 1.91900 (350)
SL: 1.97000
After deceiving people, the price registered a fake breakout at the top of the trend, and then after removing the stop-losses, it quickly entered its downward position, and now it has trapped many people, and now it is time to climb.
