Waiting for a retest of .77158 to short GBPAUD back down to 4H swing low target at 1.73776. If you agree drop a like and if you have any questions leave a comment below :)
Hello traders! ‼️ This is my analysis on GBPAUD . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill that gap and then to reject from support. Like, comment and subscribe to be in touch with my content!
From the recent two highs on GA occurred on 24th October, London session and 27th October, New York session respectively. I'm calling out my shorts on GA with a 0.64% change of price value. NB: All eyes on my 8 EMA and 50 ( red and blue respectively) Also, the two horizontal lines are my breakout points Red Box: rejection zone
OANDA:GBPAUD Will the market provide an opportunity to short in this fashion? DISCLAIMER Charts are educational, not investment recommendation
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/AUD Sell. Enjoy the day all. Cheers. Jim
Hi traders, GBPAUD if pullback and go to our mentioned pattern completion area then we will be looking on the top for a short position opportunity otherwise it can go directly to the downside without a pullback so trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
GBP-AUD was going up along The rising support line But after the failed breakout attempt Of the horizontal resistance level at 1.79275 We saw successful bearish breakout Of the rising support So I think that the Will go down now
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
#GBPAUD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Looking for a possible GA short for up to 500 pips, GA rallied up last week and formed a H&S pattern. Expecting GA's first shorts into 1.72600 and a possible buy into 1.7463.....then a price rejection into 1.7000's
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
after the rejection of the price at the level of the supply zone and the creation of a reversal pattern ''Double Top'' we will see a down trend
#GBPAUD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
I will be taking two trades here: A long to 1.80 area A short to 1.59 area why short? Pound is still weak af why long? There is still more upside to cover. There are equal highs that are too obvious for algorithm to ignore. Also the uptrend is not done yet.
After a strong pullback to the upside, price has failed to create a higher high and has found resistance at a 4hr level of supply which means the trend is still bearish. Until we get a break above 1.77, we are still very much on a downtrend on GBPAUD