Dear Fellow Traders, we have a good opportunity on GBPAUD , at least we are expecting 400 pips out of it.
what do you all think comment down your view!!
Pair : GBPAUD ( British Pound / Australian Dollar )
Description :
Bullish Channel in Short and Long Time Frame and Breakout the Lower Trend Line and Retracement
Break of Structure
Trend Reversal with LL - LH
Divergence
Rejection from Resistance Level
Double TOP
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPAUD is currently testing the structure resistance level .
Price has rejected psychological level 1.8300 twice before.
Price action printed a bearish harmonic pattern .
We expect a structure based trade.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders, we would like to check the GBPAUD chart in the 4-hour time frame. After moving in an ascending channel, the price has simultaneously reached the ceiling of the channel and also the specified resistance level that the price has reacted to several times in the past. We expect this level to grow. stop the price rise and have a correction price around...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
1. Ascending channel at previous daily resistance
Extra Confluence:
1. Round number (1.80000 level) within reversal zone
2. Cypher pattern entry point in reversal zone
28th February daily key reversal bar made a new high closed on the low. 1st March daily insurance bar additional confirmation for weakness ahead. split risk into positions, one for tp 1.7400, 2nd for tp 1.7320.
GBPAUD tested the psychological level at 1.7500 and created a double top with divergence.
The market is printing lower highs and higher low price is coiling up before expansion.
The trend is bearish , which is why we could see a massive bearish move from the confluence zone.
We expect a trend-continuation trade.
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Share your opinion in the...
If you followed my analysis on GA last week, we took a short buy which got to our TP but as i said the overall trend on GBPAUD was a sell. The sell did happen at resistance level of 1.76229 around the 50% fib level but price got rejected again on the support level at 1.72596 and also bounced off my trendline (Third touch) which further confirms the change in price...
Dear Traders, GBPAUD has been bearish as AUD and XAU have been bullish since long time due to DXY weakness, though we are expecting DXY reversal any time soon, we also think GBP will soon start strengthen.
Let's catch this big move.
Ideal Entry Would be now with stop loss below the previous low!!!
GA bounced off the demand zone of 1.73410 last week although i won't be surprised if price comes back there to form a double bottom on 4HR timeframe for a proper testing of the zone before the major move upwards to 1.74919 (TP 1) and 1.76357 which will be my final TP and also happens to be 50% FIB level.
The overall trend on GBPAUD is sell so the buy i'm taking...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Here is my view for GBPAUD on H1. 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!
Here is my view for GBPAUD on H1. 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!
