GBP/AUD Signal Market Sell: 1.90320 Stop-Loss: 1.90920 Target 1: 1.89700 Target 2: 1.88520 Stop-Loss: 60 pips Risk: 0.5 Risk-Reward: 3
GBPAUD potential leg down 1:2 RRR Bouncing off huge trendline + retest of weekly support/resistance level
Price has been trading inside the given upward channel since September 2022 . Recently , the price reached the pivot line of the Channel and has shown signs of rejection to the downside ! My next Traget will be the lower limit of the Channel i.e. 0.83700 which is also is the 0.382 retracement of the previous move above , henceforth making it a strong support point !!
nothing has changed, I'm still in the short position. there is a chance to adding some volume on the blue box up ahead. ⚠️ Notice: I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5. Please trade with your own money management methodology and be aware that trading has its own risks...
There was a short trade opportunity recently on the pound-aussie trading chart 📉 after price rejected the confluence of the 1.92279 horizontal resistance level and the upper line of the parallel channel. This is indicated by the bearish harami candlestick pattern just below the same confluence; there's even a confirmation of a downward trend 📉 by the next bearish...
Hey Traders, Check this sell opportunity on GBPAUS, after the break of the lower band ascending channel. Price went back up to retest and confluence with the previous OB / supply area. After the break of the ABC pattern, a sell opportunity can be look for. Alternatively, a break above the supply could mean more bullish movement Stay close.
It is very interesting when the Trendline on H4 gives a breakout signal.
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
GBPAUD is near a good daily demand zone and this demand zone is going to reverse the trend and we'll see a good risk/reward here.
GBP/AUD is in long term (Daily) resistance zone and is retesting the trend line after a break to the downside. About 3.4 risk/reward.
GBPAUD: Price to retest support before a push to the downside. -10 EMA to cross 20 EMA to the downside. - Price to test 100 EMA on the 1H timeframe. RSI: The RSI indicator to cross Simple Moving Average to the downside. on the 15m and 30m timeframe. MACD: EMA crossover to the downside on the 15m and 30m timeframe.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalance lower and to take liquidity below equal lows and then to reject from bullish order block. Fundamental analysis: Next week on...
welcome here is my gbpaud short idea not easy to get an idea of what is more likely to happen market is bullish on monthly tf, bearish on weekly and daily may we see a test of lower price region of 1.8250, because price made a bullrun from the without testing im thankful to see how this setup plays out
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
HnS presented last night through london, also breaking trend. Potential continued sells. - @Cousteau87
4H TF: 20EMA crossed the 50EMA to the downside and is currently testing the 100EMA. Daily: RSI and MACD starting to look bearish Weekly: I expect a retracement on the weekly TF to at least the 0.236 level, after a bullish run. GA is still bullish on the monthly TF, so I'd keep an eye on that. Happy trading!
welcome here is my gbpaud short idea its based on market structure, market created 3 higher highs, which represents a bullish W after creating bullish W, short is expected market struggled massivly to close higher than last higher high and traded downwards im thankful to see how this setup plays out