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:...
✅GBP_AUD is making a Rebound from the horizontal Key level of 1.9000 and as the Pair is in the uptrend I think that we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The price is rising to our buy entry level, bullish momentum could continue to push the price to our take profit level. Buy entry is at 1.93884 which is an resistance level. Stop loss is at 1.91842 which is a level that sits above a pullback support. Take profit is at 1.96856 which is an overlap resistance that aligns with the 161.8% Fibonacci extension...
The GBPAUD has reached a critical resistance level. While the overall trend remains bullish, I anticipate a pullback before seeking an optimal entry point. As illustrated in the snapshot, we can identify a prior 4-hour balance area. Projecting a Fibonacci retracement from the low to the high of this price swing highlights the 61.8 level as a potential confluence...
On this 4H chart for GBPAUD, you can notice that the price is forming a potential Rising wedge. The price is currently hitting a strong Resistance range. The wedge can provide a breakout here or go to a higher level and still provide a valid breakout. Monitor for development around those levels Additional confluence: Strong RSI Divergence
Thanks @oktane for this GBPAUD trade!!! 🤩 INSTITUTIONAL SELLING RANGE (ISR) @ 1.9125 RESISTANCE @ 1.9050 TP4 @ 1.9015 (closing ALL Buy Orders) TP3 @ 1.8875 (shaving 25%) TP2 @ 1.8785 (shaving 25%) TP1 @ 1.8650 (shaving 25%) BLO2 @ 1.8540⏳ BLO1 @ 1.8466 ⏳
In this leves i think gbpaud go sell . In this area we have orderblock We have wedge
Dear FRIEND, I hope you're doing well and that the new year has started on a good note for you. I wish you success in your business endeavors and a happy new year with your loved ones. As someone interested in the Elliott Wave principle, I find it to be a valuable tool for market analysis. I have developed my approach by combining this principle with my personal...
FX:GBPAUD eventually broke out on the up side and is currently attempting a retest of the broken zone. If it holds as a new found support, a buy will be in order. I recommend the reversal patterns be fully formed before taking the position Past results does not guarantee future results, do your due diligence
Safe to say I'm simply using technical on the move made by gold. I typically look to trade the inverse of Gold when the move happened before I cold catch it. ( not 100% fool proof)
Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
My dear friends, My technical analysis for GBPAUD is below: The market is trading on 1.9133 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.9010 Recommended Stop Loss - 1.9201 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
Hello,Traders! GBP-AUD is trading in an Uptrend and the pair Broke the key level of 1.902 Then made a retest and Is going up again so I think it will go higher Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
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...
Analysis of the British pound against the Australian dollar currency pair The market is in 5 ascending waves, and by completing the 5th wave, the ability to correct downwards will be provided Resistance range 1.91550 and 1.92000 The important number is 1.90300 Main support 1.88500
Here is our detailed technical review for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.905. The above observations make me that the market will inevitably achieve 1.910 level. P.S Overbought describes a period of time where there has...
Waiting for an entry pattern at 1.92657 to short GBPAUD back to Daily key level at 1.82745 If you agree drop a like and if you have any questions leave a comment :)
Hey Traders, in tomorrow's trading session we are monitoring GBPAUD for a buying opportunity around 1.89900 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.89900 zone. Adding a fundamental layer to our analysis, the recent Consumer Price Index (CPI) figures could play a pivotal role in the...