The trade is developing very nicely according to my previous idea. I´m looking for retracements to add new positions along the way. Retracements may happen soon as we broke structure (taken out previous lows) and are getting into oversold territory.
OANDA:GBPAUD Pound to Australian Dollar: On the verge of falling off the top? My analysis shows that the GBP/AUD pair is currently in a risk zone after its recent rally, with a possible downside from the 1.95000 area. * Euro to Australian Dollar Correlation: There is a strong correlation between the Euro and the Australian Dollar. My scenario: * The...
The GBPAUD pair gave us an excellent buy signal last time we looked at it (December 29 2023, see chart below), easily hitting our 1.9000 Target: This time we have a Sell Signal that the pair just flashed as it just broke today below the 1D MA200 (orange trend-line) for the first time since January 15. Last time that happened was on December 13 2023, when...
welcome here is my gbpaud short idea its based on a overall bearish market lets see how this setup plays out
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...
this chart shows bearish trend for GBPAUD pair on 1H time frame
Hola Ola Robbers, This is our Day Trade master plan to Heist Bearish side of GBPAUD Market. my dear Robbers U can enter at the any point below my entered area, Our target is green Zone. We can escape in the Target area. Be patient and Be careful.
price has been respecting my support I have seen plenty of rejections from this key area that tells me the Bulls are heavy there and is looking to push price back up
we buy after breakout to the first target expect market rise after the news
GBPAUD is in bearish trend as its forming bearish trend in 1hour time frame
The GBPAUD recently broke and closed below a support line in a bearish flag pattern on an intraday chart. This could potentially lead to a trend-following movement. The next targets to watch for are around 1.929 and 1.925.
GBPAUD created a bearish harmonic pattern in the ascending channel. Price made from this resistance level before, which is psychological level as well. The market is consolidating at the 4-hourly chart. We expect further consolidation and a pullback from the resistance at 1.95000. ------------------- Share your opinion in the comments and support the idea...
Hello,Friends! GBP/AUD is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand...
New quarter is here. A time to forget the losses of Q1! I am focusing more on cleaner setups instead of riskier and ambigious setups for this quarter. First up is the GBPAUD Daily. Correction has been going on for 2 months, so is it time to get moving? We got a nice H&S, break of the neckline, and currently price is testing the backside. A successful move...
Mar 26 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...
Ill take a sell if it pulls back and try get it to the low demand area for the buy more