In a range-bound market, support and resistance levels indicate where buying and selling pressure are strongest. Support levels prevent prices from falling further, while resistance levels stop prices from rising. Traders use technical indicators and chart patterns to identify these levels and make informed trading decisions, though they should be aware that...
Although, the pair is in an overall downtrend, I think on the intraday Timeframe the pair is going on correctional run. what do you think? Let me know in the comment section.
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...
M
Double top
M High
sellers
Inv als magneet
Nog gen retest gehad
=> duidelijk short
W
IC
sellers
Inv als magneet
D
BW na H&S
H&S in BW me IC
Impuls & correction 90%
S&D
4H
Fib compl
impuls en Corr
Hey everyone!
This is my plan on GBPAUD
I would like to see move down from this Daily FVG or 1H OB
I´ll waiting for MSS on lower TF for my entry (5min) ... if I don't see MMS on the lower TF I won't trade ... Always very importat wait for it!!
Good Luck and trade Safe.
GBPAUD has been buying since late 2022 and has been in an uptrend ever since. It broke the trendline in December 2023 and gave us a strong push towards the downside to the support in 1.85580 and still it was not ready to sell even more. It then pushed to the upside to gather enough momentum to sell. GBPAUD turned our trendline into a resistance multiple times and...
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9201
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9285
Safe Stop Loss - 1.9156
About Used Indicators:
The...
Welcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
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GBPAUD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPAUD
Entry Point - 1.9185
Stop Loss - 1.9119
Take Profit - 1.9314
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD is rising towards a resistance level which aligns with the 50% and the 78.6% Fibonacci retracement and reverse from this level to our take profit
Entry: 1.92761
Why we like it:
There is a pullback resistance level which aligns with the 50% and the 78.6% Fibonacci retracement
Stop loss: 1.94481
Why we like it:
There is a pullback resistance level
Take...
price just broke out of a major zone after making a double top. on the 15 2 bar rejection was made. im expecting price to retrace the double top before making any move down.
GBPAUD / 1D
Greetings, traders! Welcome back to another market analysis.
The GBPAUDpair has been following a consolidation, with the price indicating signs of weakness. This breakout suggests the possibility of further down-movement. I intend to consider entering a position at higher prices following confirmation of the lower time frame during the next pull-back...
