Ga to long to 1.92998Ga first target to 1.92074 Then to 1.92998 Long all through the week. Longby jeffview4112
Breakout StrategyI look for consolidation at areas of support and resistance, then wait for price action that represents a strong breakout. It's important to understand the difference between a breakout move and what I call an exhaustion move, which I define a candle that is substantially longer than the previous candles at the top or bottom of a trend. This type of price action usually leads to profit taking. I define a breakout as a move through several areas of support or resistance such as moving averages and pivot areas. Patience is key because statistically, Reversals or Breakouts have an 80% failure rate, so it's important to understand how to differentiate between a failed breakout or reversal and a legitimate breakout or reversal. by PondwaterJackUpdated 1
AUDCHF 4H*). Consolidation Phase:The price has been consolidating for some time, indicating a period of market indecision. During this phase, the price is likely to oscillate within a defined range without a clear trend direction. *). Breakout with Momentum:Recently, the price broke out of a horizontal structure with a substantial momentum candle on the 4-hour (4H) timeframe. This breakout suggests a strong shift in market sentiment and a potential end to the consolidation phase. *). Target Resistance Level:Following the breakout, there is an expectation for the price to grow towards the 1.92500 resistance level. This target is likely based on historical price action, where the 1.92500 level has previously acted as a significant resistance. The recent breakout from consolidation with a strong momentum candle on the 4-hour timeframe suggests a bullish trend. The anticipated movement towards the 1.92500 resistance level will be a critical point to watch for further price action signals. (Good Luck 🤞🤞) Longby vbenking91114
GBPAUD - Potential 450pip move upPower of Three setup. Price just broke out of the tight range. If it manages to climb from here back into the green area, the pattern is more or less confirmed and target will be the top, ~ 1.9500.Longby QuercusTrading0
GBPAUD 30Mins I am pleased to inform you that the price has successfully reached the take profit level we had set. This achievement reflects our well-executed strategy and market analysis. Moving forward, let's review the performance and strategize our next steps to ensure continued success. 👏👏👏Longby vbenking911
GBP/AUD Short Trade (LONDON SESSION)Broken trend line, market structure showing bears pulling down. this resistance area is being tested. if we stay below then we should see market oull down for 1:5 risk to reward. great RR. would no no sense for buys right now. market can reverse but technical wise showing sells.Shortby KibukCapital0
Idea GBPAUD shortIdea GBPAUD short. Create more trading orders for test trading analyst.Shortby Oner0
GBPAUD trading plan for this week GBPAUD is continues to loose momentum,I thought it's gonna manage to do corrections but it looks like selling pressure is too much take advantage n make move.Shortby mulaudzimpho1
GBPAUD Weekly OutlookOn the 4 hour Timeframe, the 4 hour Range that we are in. This a good range because it meets these 3 critierias: 1) Price is in a range in either the 1hr,4hr or the daily. 2) The range is at least 100-150 Pips wide(can be larger, no issues) 3) The support & Resistance have at least 2 or more taps minimally for the range to be strong. As price is approaching the support, there are 2 scenarios i am looking at. 1) price breaks below the Support at the 1.89046 level with a body candle close. IF this happens, price breaks out of the range and it means price has broken out of the range to the downside and a break and retest of the support level will be used to look for Sells. 2) Price rejects the Support level and creates a 15 minute Bullish CHOCH. When this happens, I will be more inclined to look for BUYS during volume sessions.Longby YourVillagePeople1
GBPAUDGBP AUD Trend = SELL TREND waiting Market retrace back to High Point Sell signal formingShortby ClovisGan2
GBPAUD..BUYThe price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.91512 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the GBP and AUD exchange ratesLongby ForexCSPUpdated 2
GBP AUD key levels moving forwardHi Guys, The GBP AUD pair has been heading south recently and presents some nice trading opportunities either way price moves from the current level. On the chart ( sorry about the messy look) the large red box contains what could be very strong resistance. Looking left on the chart that zone is a very key level as price has had some huge moves from there in the past. It also is the last support before the most recent high. The zone also contains the 50 MA 200 MA and AVWAP from the most recent high and the high from 8/23. The thick red line is the AVWAP from 8/23 and Ive highlighted that because as can be clearly seen with the black circled areas this AVWAP has acted as resistance firstly and then support on numerous occasions so there is a high likelihood that price will find resistance if it pulls back to this AVWAP again. The black line, is the AVWAP from most recent high and along with the 50MA served as resistance on the 30 April and 1 May candles. With the 200 MA now in the same cluster that should present formidable resistance if price pulls back to the zone. The smaller red box above would serve as next resistance should price break through the first red box. If price heads further down into the green box/ zone then a pullback from there back to the red box would result in a pullback to the golden fib zone between 0.5 and 0.618 retracement. Entry using lower time frames could present some nice risk to reward trades. The green highlighted box is obvious support area and contains daily order block. There is also a bat harmonic pattern forming with 0.86 entry level just short of the zone. In all likelihood the entry level will be a bit more than the recommended 0.86 but so long as we dont break the low that should be fine with a stop just below the low. As with the resistance zones lower time frame entries using candlestick or chart patterns or price action choch BOS etc could present some nice trading opportunities. Safe Trading all by elyask120Updated 0
GBPAUD sellNOT financial advice anticipating a fall of the pound against the australian dollar weekly RSI is on free fall by njauKENYA0
GBP-AUD Will Keep Falling! Sell! Hello,Traders! GBP-AUD is trading in a Downtrend and the pair Is making a pullback from The horizontal resistance Of 1.905 and we will Be expecting a further Move down and a retest Of the support level below At around 1.891 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals112
Gbpaud sellThis pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.Shortby Guineafx224442
GBPAUD trading idea elliott wave ABCDE wave triangleAfter multiple timeframe analysis GBPAUD ABCDE triangle wave sell short GBPAUD idea 2 ideas: -mid term -long term multiple TP extra TP 1.90529 TP 1.89180 TP 1.87540Shortby ForexPrime447Updated 117
GBPAUD watch it climbing upGBPAUD might keep moving up during nyc session today so be ready to hunt.Longby The_Pine_CoderUpdated 3
GBPAUDChecklist: - Monthly, Weekly & Daily: Downtrend - Price coming from strong Monthly trend line - Price breakdown of 200EMA on the Daily TimeframeShortby Curiousnikko1
11/6/2023GBPAUD is forming a bullish structure with upward breaks between 1.89801 and 1.9000. The market, currently at a low point, shows strong reactions with long wicks. I'm waiting for a lower timeframe break at around 1.90242 to clear recent imbalances before expecting a move Please be advised that these trade ideas are intended solely for educational purposes and should not be regarded as financial advice Longby richard925Updated 115
GBPAUD buyTrading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results. Always conduct your own analysis and consider your risk tolerance before entering any trade.😉😉Longby Yuka_Trader112
GBPAUDPrice is currently ranging in accumulation, however it will break the structure lower or higher, hopefully this might break upside Longby Mntungwa874
GBPAUD 4HGBPAUD 4H R:R = 2.5 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf0