FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
The price of GBPAUD has formed a potential double top on the 4H Chart Additional confluences: - The pattern is happening at a strong reisstance range created from multiple previous low points in the price - The 2 tops are showing rejection from the 0.618 Fib level - The MACD has formed a bearish cross around the middle of the formation of the double top chart pattern
Take a look at our analysis for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.897. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.907 level soon. P.S Please, note that an oversold/overbought...
GBP/AUD may bounce back downwards in order to continue its downtrend
GBPAUD is forging a consolidation as market participants try to decide on the potential. The level of 1.9015 is an important zone for the participants. Overcoming the boundary of the consolidation range will form an entry point for price movement in one or another direction Consolidation can lead to both ups and downs: 1) The market is testing a strong...
GBP/AUD is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.89459 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 1.88988 Why we like it: There is a pullback support level Take Profit: 1.90679 Why we like it: There is...
GBPAUD has recently seized liquidity above the prior higher high, resulting in a Change of Character (ChoCh) currently nested within the Fast Vertical Gaps (FVG) and Order Block (OB) responsible for the ChoCh on the 1-hour timeframe. Anticipating a downward momentum, we expect a continuation of the bearish trend towards the recent swing low.
+ 1.) weekly structure bearish 2.) daily major trendline 3.) daily divergence 4.) no bullish momentum on daily tf 5.) daily fib. level (0.618) 6.) changed 4h orderflow bearish 7.) building 4h liq. - 1.) 4h divergence against us 2.) gbp news 15:15 BOE (in 2hours) overall a good solid trade but with news it can be tricky
✅GBP_AUD has reached a supply level of 1.9050 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
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.
Name Pair : GBPAUD 4hr's Chart Strategy Way : Volume + Classic + Channel Band + Market News + Trends ——————— ☑️ Update - From Bear Hunt Signals ———— Take Profit 1 + 2 + 3 + 4 💵PIP = 235 PIP ———
Hello dear Fellow! ------ 💷 GBP / AUD Setup / Analysis 🕐 4hr's Chart The reasoning for this setup —————————— - ( Take Profit point's ) - 💵 Take Profit 1 ( 1.88990 ) ---- 💵 Take Profit 2 ( 1.88110 ) ---- 💵 Take Profit 3 ( 1.86750 ) --- 💵 Last Take Profit 4 ( 1.86075 ) --- Reasoning 📜🖋️ —————————— - Trend line - There are different types of trend lines, but two...
💵Pair Name : GBP/AUD Time Frame : 12hrs 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 Retest...
Hello Dear Traders! ------ And happy new year🥳 ------ The reasoning for this setup —————————— - is quite simple It's a Major Turn level / W = Weekly - and if you look at the volume range is hvn ( High Volume Node) - volume or vol is Lvn ( Low Volume Node ) This often happens before there is a rising uptrend In the market - And last but not least, of the...
Hello Traders! ------ ☑️ Update 🌐Once Price broke the inner Down Trend line i Was in + a candlestick Pattern occurred + Choch Area —————————— 💵 Take Profit 1 ( 1.88000 ) ---- 💵 Take Profit 2 ( 1.88700 ) ---- 💵 Take Profit 3 ( 1.89100 ) --- 💵 Last Take Profit 4 ( 1.90190 ) --- Reasoning 📜🖋️ —————————— - is quite simple It's a Major Turn level / W = Weekly 🔰 -...
My dear subscribers, This is my opinion on the GBPAUD next move: The instrument tests an important psychological level 1.8983 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.8841 My Stop Loss - 1.9062 About Used Indicators: On...
Hello,Traders! GBP-AUD is going up now And the resistance is Ahead at 1.9029 from Where I will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
In the upcoming trading session, our focus is squarely on GBPAUD as we explore a potential selling opportunity around the 1.90800 zone. GBPAUD, entrenched in a downtrend, is presently navigating a correction phase, drawing closer to the trend at the crucial 1.90800 support and resistance juncture. As we delve into this analysis, it's essential to consider the...