GBPAUD broke and closed above a key horizontal resistance on a daily. The broken structure turned into support. We can anticipate more growth now. Next resistance - 1.9533 ❤️Please, support my work with like, thank you!❤️
GBPAUD is going to pop up some good confluences overall up trend bullish flag extension incoming needs to break previous resistance it bounced up
going short the gbp is losing steam against the aussie . holding the trade till the gbp cpi release
GBPAUD - 24h expiry Continued upward momentum from 1.9380 resulted in the pair posting net daily gains yesterday. A Fibonacci confluence area is located at 1.9100. Selling spikes offers good risk/reward. Bespoke resistance is located at 1.9537. There is scope for mild buying at the open but gains should be limited. Intraday signals are far from strong. We...
GBP/AUD LONG "break of structure + 72% fib retracement + demand area" RBA Policy Change: The Reserve Bank of Australia has shifted its stance, removing its tightening bias and indicating a potential for rate cuts in the future due to concerns over high inflation and a sluggish economic outlook, leading to further depreciation of the AUD.
Technically a rising channel in what looks like a uptrend can be a sign that reversal could be in play in the possible future and price to retrace back to the higher low which is the support before trending upwards again. support and resistance zone are our areas of play and chart pattern happen with that area , it is only a matter of understanding technical...
Technically a rising channel in what looks like a uptrend can be a sign that reversal could be in play in the possible future and price to retrace back to the higher low which is the support before trending upwards again. support and resistance zone are our areas of play and chart pattern happen with that area , it is only a matter of understanding technical...
Waiting for price to tap into 0.95000 area after clearing liquidity and mitigating an open orderblock around the area.
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Here is the foundation for my trading plans with GBPAUD. Lately, I have been starting to look at the market in fractals, meaning that especially during periods of corrective price actions the market often moves in 3 wave patterns. Each of these patterns consists on a lower level of some kind of 3 wave pattern e.g. ABCs or WXYs of all kinds. This is what I´m trying...
GBPAUD could be worth the risk to short for the interest news tonight. I believe that GBPAUD is in a corrective channel and should go down for a wave C. This wave C is part of a larger corrective pattern. At the end of the wave C we can expect GBPAUD to rise, rising to the highs of August 2008.
Market structure showing us a sell of with a broken trend line and retest of the trend line, market broke structure as well and coming back to retest this zone. lining up with London session hoping for some Volume to push the market down. great risk to reward setup.
I expect the price rise up to step 5 weekly leg . cause the main knit 1M has not engulfed. And the D leg knit has been engulfed that shows us we can buy with more confidence.
I'm looking at this Zone, above.. looking at what I see there's harmonic pattern hence I marked the 0.786 fib and 0.886 fib. hope this will accordingly
My dear subscribers, My technical analysis for GBPAUD is below: The price is coiling around a solid key level - 1.9345 Bias - Bullish Technical Indicators: Pivot Points Bullish anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.9344 My Stop Loss - 1.9291 About Used Indicators: By the...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
GBPAUD Bulls showing signs of life. Wait for bears to run their race before entry to the upside.