A nice GBPAUD sell setupThere is a nice correltion between the Pound and Aussie Indexes that has formed a nice setup on the GBPAUD pair.Shortby ThutoMncwabe94
Smart Money Concept + 50ema + RSISmart Money Concept: The term "smart money" refers to the institutional investors, fund managers, or sophisticated traders who are believed to have a deep understanding of the market and make well-informed investment decisions. The concept suggests that following the actions of these experienced and well-capitalized market participants can provide insights into potential market movements. Exponential Moving Average (EMA): The Exponential Moving Average is a type of moving average that places a greater weight on more recent data points. It reacts more quickly to price changes compared to the Simple Moving Average (SMA). The +50 EMA specifically refers to the 50-period EMA. How it works: If the current price is above the +50 EMA, it is considered a bullish signal. If the current price is below the +50 EMA, it is considered a bearish signal. Trading Strategy: Some traders use crossovers between the price and the +50 EMA as buy or sell signals. For example, a bullish crossover (price crosses above +50 EMA) might be seen as a buying opportunity, while a bearish crossover (price crosses below +50 EMA) might be seen as a selling opportunity. Relative Strength Index (RSI): The RSI is a momentum oscillator that measures the speed and change of price movements. It ranges from 0 to 100 and is typically used to identify overbought or oversold conditions in a market. How it works: RSI values above 70 are often considered overbought, suggesting a potential reversal or pullback. RSI values below 30 are often considered oversold, suggesting a potential reversal to the upside. Trading Strategy: Traders may use RSI to identify potential trend reversals or confirm the strength of an existing trend. For example, if the RSI is above 70 and the price is also above the +50 EMA, it might signal an overbought condition, and a potential reversal or pullback could be anticipated.07:06by MOAZAM11331
Correcting my mistake from last week on GBPAUDI sent a bearish signal last week on GBPAUD after I though it's good to sell at significant resistance (it usually is...) when even LTF started making a bearish structure (H1). However, I changed my mind after zooming out to see a bigger picture. HTF showed very little selling pressure, which is why I waited for the BOS on LTF H1 to enter a continuation trade of the trend. Currently sending out the HTF setup to see just how strong the buyers are, probably riding the price up until 1.9900. If you'd like to see BOS on H1 zoom in on chart from 17.1. until today and you'll see it. Longby vitowodenik667
GBPAUD-Bias long Bullish indications: HHHL. Double bottom formation. Trend line resistance broken. Bullish engulfer candle from the trend line break out. resistance at 1.93174 is broken. Bullish piercing candle in day time frame. Trade plan bias long @ 1.93019 SL:1.92151 TP1:1.93898 TP2:1.94668 Longby gouthamkulal12
GBPAUDDealing with a strong supply area and the possibility of moving up to the target of 1.92085Shortby ShahdadiH0
PROFITS FROM GBP/AUD LONGGBP/AUD 1H - How we getting on this morning guys, I hope you are all okay. As you can see price has played out perfectly to our Sunday Sessions analysis and the analysis I provided you all with at the end of the last week. This giving you guys the opportunity to take full advantage of a bullish position during this bullish correction taking us higher in the market. We are now looking for confirmation that this correction has finished so we can look to take part in the larger bearish move trading us lower. I will now be monitoring this market on the lower timeframes to distinguish a fractal break of structure, once we have one of those followed by a fractal correction to set a Lower High, this is when we can look to take part in the market. I am expecting a higher timeframe correction to the downside from this, meaning we can take full advantage of a large swing to the downside, keeping our SL tight giving us the ability to have a large RR ratio.Shortby Lukegforex1
GBPAUD TF TRADEThe daily charts show a bullish trend. I am considering a trend-following buy trade based on the current daily support. Upon analyzing the 1-hour chart, I observe a double bottom pattern and an additional confirmation is provided by a trend line. Whenever the market touched this trend line as resistance on an hourly basis, it resulted in a downward movement. Now, both the double bottom pattern and the trend line pattern have broken above. We will look to enter the trade on a retest. Entry 1.92625 Stop loss 1.9195 Targets 1.9326 , 1.9362 and 1.9386Longby UKTRADERS210
GBPAUDHello and have a good time I trade according to these analyses My analysis is based on fundamentals, intermarket analysis, news, geopolitical topics, and of course technical levels. I hope it is your lightby Hesamchart0
GBPAUD trade DoneGBPAUD trade went 140+ pips hitting our take profit successfully. Indicator based SMC approach Follow and like for more such setupsby Deefx69Updated 0
GBPAUD Sunday Move Repeated Long from FridayDidn't look at charts until after the 4H candle printed for the week. Would have been such a easy trade no drawdown repeating Friday's move.by Germaine_Mills0
LOOKING FOR SHORT ON GBP/AUDGBP/AUD 1H - This is another pair I am expecting to see bearish structure from. I want to see the introduction of Lower Highs and Lower Lows being introduced into this market. We are currently seeing price begin to correct itself after the initial BOS to the downside, this is where we can expect to see price set its Lower High from, this is somewhere we can look to place our shorts from. In order for us to deem a valid entry we will want to see price trade up and into an area of interest I have marked out for us, once price penetrates we expect price to break structure fractally to the downside again for the second time. This second BOS is the one that confirms the end to the initial correction and gives us the confluence needed in order to take part as we have the means to suggest the next impulsive wave lower is ready to take place. I will be holding off until I see a valid penetration, rejection and BOS to the downside from a valid area of interest. Once we have that we can look for short opportunities.Shortby Lukegforex2
GBP/AUD AnalysisWe Still a Bullish Trend in LTF if we go back to the zone what i creat i will wait for a 1 OR 3 Min TF MSF to the Upside and Take a Entry Target the 15M SWING HIGH by AbdullahSO3
This is why I win all my trades All I do is wait for price to consolidate then wait for expansion & reversal then find my entries at the supply area then am good to go follow MW capitals for more trade ideas 🧘♂️Shortby MWCAPITALS0
#2 GBPAUD Weekly Analysis 21.01.2024+ 1.) took massive weekly highs 2.) reject weekly level 3.) holding daily/weekly zone 4.) daily momentum candle wait for a small pullback before short still liq. above Shortby Flovis8
GBP/AUD Sell signal AnalysisHello traders, I'm expecting GBP AUD to head lower, I'm waiting for the daily FVG to get disrespected to then get involved in selling this pair as always I want to see a shift in structure first, my target would be the weekly FVG first, and if this one get disrepected also I would continue selling.Shortby Anisbylka3
GBPAUDThis Week FORECAST Opportunity for GBPAUD. This setup trading idea is for intraday. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
MUST WATCH! I BREAKDOWN THE MASSIVE TRADE SETUPS FOR THIS WEEK. Watch the FULL BREAKDOWN of this week's opportunities. We talked about some hacks, correlations and how to trade the news. I also shared what we will be focusing on this week, watch it and set your alerts so you don't miss them. If you enjoy, leave a LIKE and COMMENT, let me know what you think. GRACIAS! 0by TheHOODofCRYPTO112
GBPAUD Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring GBPAUD for a buying opportunity around 1.91800 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.91800 support and resistance area. Trade safe, Joe.Longby JoeChampion11
Short term shortAussie dollar strengthening I will be focused on FX:AUDUSD however it's great to see other pairs with the Aussie looking up. Shortby Frugal-One0
GBP|AUD sell trade on daily chartI am expecting GBPAUD to drop heavily in the next weeks as we are seeing distribution schematic on daily chart. Disclaimer: Trading includes risk. Do your own analysis.Short03:18by MoemenAwadalla112
GBPAUD - Downside move upcoming ✅Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we can see that price filled perfectly the imbalance, took buy side liquidity and reacted from institutional big figure 1.94000. Now I expect bearish price action at least till 1.89000. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSD2211
GBPAUD UPDATE#GBPAUD Update Hey team hope you all are enjoying our ideas and analysis. Now we are here to discuss about GBPAUD. GBPAUD is at a strong resistance level and getting ready for a small Retesting. Here we can see drop upto 200Pips+. Then after completing this retesting we will again see a good bullish wave. When Market will open we will update further with Proper Chart TP and SL.Longby Williamforex115
GBPAUD 1/19/24Daily high - strong engulfing sell candle Falling wedge - broke out toward down side LL created on 1H TF Wait for price to break LLShortby indyonthebeat0