Hello Traders Hope you all are well. GBPAUD Long I have my observations on 1D Head & Shoulder as marked. Eyes on weekly resistance. Entry on breakout. 4H God Bless... Not a financial advice.
GBPAUD potential leg down 1:2 RRR Bouncing off huge trendline + retest of weekly support/resistance level
We are expecting the bull to keep riding to upside around 1.9037 to sit tight.
⚠️ This is just an analysis. If you feel it helps you and this analysis is correct, you can enter the trade at your own discretion with the appropriate volume and SL.
GBPAUD - 24h expiry Previous support located at 1.8700. Previous resistance located at 1.8800. Indecisive price action has resulted in sideways congestion on the intraday chart. Momentum is flat, highlighting the lack of clear direction. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 1.8650 (stop at 1.8599) Our profit...
GBPAUD - 24h expiry Previous support located at 1.8740. Previous resistance located at 1.8800. Broken out of the triangle formation to the upside. Further upside is expected. Risk/Reward would be poor to call a buy from current levels. We look to Buy at 1.8715 (stop at 1.8650) Our profit targets will be 1.8825 and 1.8850 Resistance: 1.8800 / 1.8850 /...
OANDA:GBPAUD The pattern is ideal and in the one-hour timeframe, in addition to breaking the upper line, it has also made a pull back.
GBPAUD formed falling wedge pattern and we can see the breakout...opening longs here with a target of 1.8900
Here is my view for GBPAUD on D1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#GBPAUD in Daily Time Frame Setup\in My opinion GBPAUD will be Long for that position because GBPAUD travel in Channel and Channel is not break.
This is the quick analysis of GBPAUD as on May 09, 2023 to plan your buy or sell trade setup. Use tight stop loss in both the scenarios. Do your own research before entering into the trade setup. All major points can be seen on the chart itself Thanks for your support
Waiting for a retest of 1.86338 to long GBPAUD back to prior highs at 1.90015 If you agree drop a like and if you have nay questions leave a comment :)
Hi traders i am looking to open longs in this pair at current levels, price is trading at support level in channel now. note this is a risky trade.
GBPAUD broker 1.8700 strong resistance area. Demand zone for long 1.8700-8670, target: 1.90000
Big weeks ahead for gbpaud higher prices in GBP & lower pricing in aud
#GBPAUD In Daily Time Frame Setup GBPAUD will go up to touch the resistance area of this channel.
POTENTIAL BULLISH ENTRY Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues) Formation of bullish flag coupled (continuation pattern) SL & TP Levels are defined.
GBPAUD is moving in an ascending channel and has reached the bottom of the channel. This level also coincides with a previous resistance and the fibo level of 0.618. Therefore, the upward movement to higher levels can continue. 4H: Good trading! If you find it useful, like, follow, share!