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
GBPAUD 4HGBPAUD 4H R:R = 2.5 RBR ZONE : This zone is calculated by supply and demand method Longby amirprvf0
GBPAUD - Near Weekly Support areaHello, i am expecting Price bounce from weekly support area also RSI is over showing me already in over sold area, all other details you can found on the chart, thanksLongby kashifone1Updated 2
GbpAud BuyHi friends, entry points marked with green line. Do not forget to manage capital and risk. Good luckLongby Trade_TX3
GBPAUD Short Term Sell IdeaH1 - Bearish trend pattern followed by a flat correction in the form of a range. A valid breakout below the bottom of the range would be the validation for this short term bearish view. Alternatively if we get a valid breakout above the top of this range then this bearish view will be invalidated.Shortby VladimirRibakov1
A Nikeshaped retracement on GBPAUDThe price still has to clear 1.89694 to have an upwards retest to 1.90936 for is to gave a strong drop down to 1.86661 for a weaker PoundShortby SMR_Analytics0
GBPAUD sellThe GBPAUD currency pair is beginning to form a structure for further decline. The downward trend seems to have solidified well. The previous major volume zone in the uptrend did not prove itself and was breached. As a result, this leads me to consider further potential downward trend. It seems logical to wait until the price returns to a better entry point, where I could short in a average term swing trade, at least until the first zone, which is at 1.87086.Shortby forex_member0
Gbpaud is the trade of the weekGbpaud has a 80% possibility of going short and the reason for these are 1. Its failing to push above the daily AOI 2. All of the time frames are bearish starting from the Weekly, Daily, 4hour and also the 1hour. 3. There was a strong bearish engulfing candlestick on the 1hour timeframe. Shortby damianandrechiedozie1
GBPAUD Potential Bullish correctionGBPAUD Potential Bullish correction MARKETS BADGER AI finds a BUYING opportunity Holding Period : Intraday Major Trend : Bearish Chart Time Frame: H4 / H1 Trade Type: Minor Correction Price Target: As shown on the chart Status : Active Entry: 1.89450 Technical Indicators : Cycle Sniper - Extreme Reversal Sniper Fundamentals : UK GDP comes better than expected. Today's data may trigger the bullish correction. Longby chartreader_pro114
GBPAUDHello traders welcome back its Friday and the last day of the market but before we go at weekend let us book together our pockets. Stay and follow woth me to get nice setups and enjoy my analysisLongby Abdukadir_Wardheere4
GBPAUD - 4hrs ( Sell Trade Target Range 360 PIP ) Pair Name : GBP/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading 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 ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Retest 1.89700 Area Reasons - Major Turn level / M - Channel Retest - Triangle Break - Day + week low Break - Quarter's Area - Choch Zone - Fibo Golden Bullish Reversal 1.85900 Area Reasons - Major Turn level / D - Pattern Target - 3 Quarter low - Quarter low - Choch - Main Support Area - Visible Range HvnShortby GoldenEngineUpdated 1515103
Double zigzag pattern bearish scenarioEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody Shortby mehdi47abbasi79448
GBPAUD - AB=CD PatternAn AB=CD Pattern has been observed on the 1 hour timeframe. Strong divergence has emerged on the 1 hour RSI, following which the price action has formed a Double Bottom pattern, which hints a likely reversal if the price breaks through the 1.90355 level. Trade Plan: Long Entry: 1.90355 SL: 1.89051 TP1: 1.91660 TP2: 1.92960Longby WaqasWasi2
Sell GBPAUD UK Interest Ratethe GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target Levels: 1.8871: This target is achieved by measuring the height of the flagpole (initial downtrend before the pennant) and projecting it downwards from the breakout point. 1.8807: This is a further extension of the downside target, based on roughly twice the height of the flagpole. Stop-Loss: Once the entry point is confirmed, place a stop-loss order above the broken support line of the pennant, ideally with some buffer around 1.9042. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you Shortby KABHI_FOREX_TRADINGUpdated 9918
gbpaud longwe have 4h strong order block we have sharkfin on tdi multitime we have divergence on tdi multimeLongby gigfasd4555
GBPAUD Bullish - 9May📢 Signal: BUY GBPAUD 📈 Entry Point: 1.89700 🔍 TP1: 1.90255 🎯 (55 pip TP) TP2: 1.90810 🎯 (110 pip TP) TP3: 1.91365 🎯 (165 pip TP) SL: 1.89030 ⛔️ (70 pip SL) Ensure proper risk management when following signals! 💡 @Mr_Bombastic_SignalLongby mr_bombastic_signal2
good entry model in to be long in gbpaudWe have a change of character in 4 hours so we are going to look for purchases in (backwards) to the sales area so we have a lineup in 15 minutes to go shopping. I'm just waiting for the liquidity from Asia to be able to react in an order block of 30 minutes with confirmation. We enter.Longby aayou_fx1
GBPAUD Bulls are being ManipulatedConfluences to support the bulls 1. a clear range 2. a clear sweep 3. an energetic push upwards way from the range 4. creation of a valid trading range 5. retracement back to the discount region 6. creation of a structural liquidity pool 7. now price has just picked up the sell stops on the structural liquidity poolLongby fudosman5
GBPAUD Run up use small targetNight bull dont sleep on this pair. Wait run to upper channel level, my target 1.9030 and BE.Longby Oner2
GBP AUD DAILY SHORTGBP AUD has been trading a range since SEP 2023. it attempted to break below 1.89 and failed same as attempting to break above 1.94. as neutral as it is we will most likely visit the bottom end of the range at 1.89 level before the price makes a decision.Shortby THE-real-DealUpdated 4