We are Expecting to buy GBPAUD from this H4 Demand 1.79039 to Supply 1.81882 after Confirmation, We are expecting big buy till the Weekly Zone 1.89913 Stay Connected for more updates.
As you see in the chart, price has been rejected after retesting the red resistance area and is being pushing to the downside.
On the other hand, there is a sideways zone in which price is still bouncing. We have a support zone around 1.79400 which is the last low of price.
Since we are in a downtrend, we should wait for the downside breakout on sideway zone and...
Hey traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.8 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Pair Name : GBP/AUD
Time Frame : 4hrs / Daily / Weekly
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
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❗️The purpose of this analysis is to spread knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
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There has been a high bullish correction in the bearish trend. Now, we can see price is changing momentum to the bearish side, current 1HR low is broken. We need to watch for further sell signal
GBPAUD looks to be returning to it's downtrend looking to take it back to a double bottom from a few last week.
Trade carefully in these markets as they are volatile and can change quickly due to geopolitical risk. only risk 3% max and secure profits as you go.
Hi viewer,
I just short GBP/AUD with a small lot size of (0.5) my alert trigger at 1.84813. I intend to live this trade till the end of the week. My bias on this trade is bearish cos continuation correction.
ENRTY:1.84813
TP: 1.82600
SL: 1.85450
Please note: this is my plan for educational purpose, not an advice...DYOR and Manage your risk.
In Weekly TF it has Bullish trend, Pull from Demand Level 1.77297 as it was Retested and Weak area, we have use Confirmation and we are Expecting it Buy till the Weekly Supply Level 1.89913.
Hello guys! the price rejected 1.77500 which is a strong support and it is currently at 1.80000 which is another powerful price level combined with the trendline break. We are heading over 400pips Target. Enjoy!!!
