GBPAUD - 30M Price has finally broken the 1.8400 daily support where it was showing a very strong resistence, giving us a nice break with a new LL formation leading us to a perfect TP 2 yesterday, but today it seems like it is respecting the previous bearish structure forming a new one right below it so if we zee a break of the inner structure (red zone) i would...
The GBPAUD reversal is close to happen... It is almost on important support level.
GBPAUD has broken its previous Resistance level and now a Correction downwards could be seen for Continuing UPWARD Move ... So look for Opportunities to BUY from DIPS near Down Support.
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Price has rejected from the ascending trendline twice (1,2 follow through ;) ) and is currently sitting on that same trendline. Also, price is inside the previous market structure low zone and Stoch is oversold in the 1hr and 4hr timeframe.
Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck
Technical Analysis On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside. Fundamental Analysis Australian Dollar has weakened as a result of Russia invading Ukraine. Australian...
GBPAUD broke through my supportive trendline that connected the previous two higher lows together. Today we are trading below these levels but sitting at the last point I would consider buying before the trend has lost any steam, the 61.8% fib level. Let's see can we take advantage of this high risk to reward ratio!
GBPAUD long term trend and major level support zone broken, now waiting for price retest for making a short order. If the price move exactly like this , we can make 150 + pips.
Price is currently trading around 1.87800, testing the key support area on the 4-hour time frame. Recent price action shows lower highs coming into the key area. If price cracks below this level, I'll be looking for short opportunities to continue this trend to the downside.
Trade 6 Buy @ 1.90500 Buy limit @ 1.902 Risk Reward (Buy) : 1:3.3 Risk Reward (Buy limit ) : 1:3 Risked : 0.25 % + 0.25% = 0.5% of Balance Expected Result : .75 % + .82% = 1.57%
Here is my view for GBPAUD on H1. The price should go up order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GBPAUD is Looking Good For Buys Now..... The Down Move is just a retracement Buying from Dips would Good to target the Buy Side Liquidity !
Hi Traders, GBPAUD has been shaping up to give us a breakout and a possible CAB entry for a short position. Pride is approaching the bottom boundary from making a double top and impulsively pushing down. Looking for a impulse breakout followed by correction before entry will be taken. What's your view on this pair ?? Comment below and let's talk about it....
Hi TRADERS this is my trade set up for the GBP/AUD GBP/AUD Is coming in to a strong support area, I am looking for a rejection in the order block zone and will be looking for a buy only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good...
Hello Traders, Hope you are having an amazing week ! I am short biased on GBPAUD for the rest of the week, we are breaking impulsively and i expect further continuation to the downside. I have already taken a position earlier in asian session, hope to see a bit more correction so i can scale in another position. Wishing you a profitable week ahead!...
Its 52wk hit and sell active. 1.917 to Down 1.863 hit. We can wetting and see. I think its het next wk.
The price broke a descending trendline at support level. The horizontal line is a structure and if it breaks above it is most likely to start making higher high and higher lows, that is when you should start looking for buys until it comes up to resistance level.