The sell zone seems solid as the price has been rejected multiple times in the past. I do notice that the price is trading below the Ichimoku cloud, which is a good sign of bearish momentum. Let's see how this plays out.
Potential Trade Opportunity:
Currency Pair: GBP/AUD
Position: Short
Risk to Reward Ratio: 3R
Trade Parameters:
Entry Point: 1.89692
Stop...
. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
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** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPAUD is moving in a descending channel between the trend lines.
The chart bounced from the support level and is back above the dynamic support level.
We expect a continuation of the bounce from the level coinciding with the 38% retracement of the last bearish impulse.
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Dear Traders,
GBPAUD is in process of repeating the same pattern that is has made, price currently in form of making strong bullish impulse however, based on how previously moved and behaved suggest that price can drop to our safest zone and entry number 2 from where we can take swing buy. However, with the first entry we can expect price to continue the bullish...
Hello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today GBP/AUD analysis 👆
🟢This Chart includes_ (GBP/AUD market update)
🟢What is The Next Opportunity on GBP/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
GBPAUD has reached the resistance level.
The chart has been growing for a long time without pullbacks.
We think that there will be a price pullback to the 38% retracement level.
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Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the...
Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
In the 4-hour timeframe, GBPAUD exhibits a bearish trend within a descending channel, currently touching the resistance trendline. Having completed Elliott's 4th wave, anticipation leans towards a downward movement. Observing price action signals will be crucial for confirmation and potential entry points in alignment with the bearish bias.
UK February ILO unemployment charge: 4.2%
Expected: 4.0%
Previous: 3.9%
Job change: -156k vs. 58k expected
Previous: -21k
Average weekly earnings: +5.6% 3m/y vs +5.5% expected
Previous: +5.6%
Average weekly earnings (except for bonuses): +6.0% 3m/y vs +5.8% expected
Previous: +6.1%
Change in March salary: -67k
Previous: 20k; changed to: -18k
This is a...
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the...
GBPAUD has formed a bullish flag.
The chart is above the dynamic support.
We think that after retesting the current support, the price will rise to the 50% retracement level of the last bearish impulse.
-------------------
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Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 1.93000.
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Hello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today GBP/AUD analysis 👆
🟢This Chart includes_ (GBP/AUD market update)
🟢What is The Next Opportunity on GBP/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPAUD did not hold the psychological level at 1.94000 after reaching it, after which a bearish takeover followed.
The price reached the support level, which it repeatedly failed to overcome.
As the chart continues to maintain a bearish structure, we expect that the asset will again try to test its psychological level, after which a pullback will...
