Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.9027 - 1.90157, which is a pullback resistance that aligns with 38.2% Fibo retracement. Our take profit will be at 11.8913, a swing low level. The stop loss will be placed at 1.9113, a pullback resistance level. High Risk Investment Warning Trading Forex/CFDs on...
GBP/AUD is rising towards an overlap resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.90281 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.91000 which is a level that sits above the 61.8% Fibonacci retracement level. Take profit is at 1.88986 which is a...
Trading Plan/Signal Currency Pair: GBP/AUD Action: Sell Entry Price: 1.88326 Stop Loss (SL): 1.94732 Take Profit 1 (TP1): 1.85227 Take Profit 2 (TP2): 1.72405 Reasoning: The trading plan involves selling the GBP/AUD currency pair. Here's the rationale behind this decision: Head and Shoulders Reversal: The analysis has identified a head and shoulders...
This week, GBPAUD introduces an element of confusion into the FX market. On the Daily Chart, two opposing trading setups vie for attention. There's the Bearish Flag Pattern, offering a shorting opportunity, yet simultaneously, a Type2 Bullish Fib3 Bat Pattern emerges. With the right filter, one can discern which trading setup is likely to be the more profitable...
this is nothing but a follow up for my 1000+ pip trade idea so far 500/1000pips. GBPAUD will continue to go down in my opinion the market trend has changed bearish , forming lower highs if the market breaks below that level we can see a futher continuation ! if anyone caught the move from my analysis send me your results and congratulations ! more to come...
-------------GBPAUD SHORT------------- Longer term correction to the downside possibly continues in the coming days. I see a room for that until 1.87-ish levels. Next week I might consider to take the short trade. This is not a financial advice, do your own research and analysis.
Welcome back! Let me know your thoughts in the comments! ** EURAUD 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...
As always, we only follow a simple strategy, we're long on the GBPAUD pair, since we have hit a support zone on the 4h timeframe. the previous candle confirms a trend reversal.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
After taken out IDM WE CAN SELL FROM OUR FIRT POI OB-IDM
The price has precisely aligned with my previous analysis, reaching the designated target level. Notably, it has breached a support level that had undergone testing on two occasions. After breaking through the support level at 1.90500, the market experienced a new low. Should it retrace to the aforementioned level and the descending trendline, I anticipate a...
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GBPAUD - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 1.9175 will confirm the bullish momentum. The measured...
#GBPAUD UPDATE Hey traders,Welcome to Anna trade charts. Hope you are enjoying your trading journey and our trading analysis too. Today, Anna is monitoring the GBPAUD. GBPAUD is in the down trend in the 1hr time frame, now it rerache the major supply zone and we can see a good bearish movement in this zone. We will execute trade after looking any confirmation...
Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
On the Daily chart (right panel) you can see the wedge GBPAUD has been respecting until Tuesday when a large sell of caused it to close outside. After a flush down on AUD news Wednesday, it saw strong buying pressure which looks to be resuming today after a drop early London. I'm now starting to look at the 30m range from 1.9060 to 1.9320 as the way to play...
GBPAUD forming a rounding top movement pattern which is usually related to double top pattern tends to downward. For risky entry sell, set sell limit. For safer entry sell, wait for price build up rejection or reversal pattern such as H&S.
Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want...