Selling GBPAUD on account of bearish setup on the monthly and weekly timeframe for a bull back for a buy later in the year.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from institutional big figure 1.91000 + FIBO 0.786 level. Fundamental news: Next week on Wednesday will be released yearly CPI on GBP...
🕛 TOPDOWN Monthly: The presence of a triangle signals a continuation, coupled with a rejection at the upper trendline, indicating potential upward momentum. Weekly: Notably, a change in character is observed. To pursue further highs, a deeper downward movement for a liquidity sweep is anticipated, suggesting a potential downside. 😇 7 Dimension Analysis Time...
GBPAUD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell GBPAUD Entry Level - 1.8995 Sl - 1.9066 Tp - 1.8812 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Gbpaud if u look at the zone I mark you will notice that any time the market get to that point the market will reverse be it broke the zone and retest on it so we text that zone again and had a reversal candle stick so we are expecting the market to drop 😉
Hello,Friends! We are now examining the GBP/AUD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 1.891 level. ✅LIKE AND COMMENT MY IDEAS✅
Intuitive level ⚡ Used vision Technicals 6 senses And maths. Let's see how this plays out. Will be posting after, win or lose.
Hey traders! 👋 H1 ICT Long setup Let’s take a look at the GBPAUD H1 chart, which performed LG and Displacement + Choch after Asia AM session. Our AI screener shows the AUD is increasing momentum to the weak side, currently GBPAUD has strongest momentum amount AUD pairs. If you’re looking for an intraday scalping idea, here’s one for you: 🎯 Target on key...
FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
Bearish, potential end of re-tracement leg. Waiting on price to reach zone before initiating sells for the possible continuation lower. Safe and happy trades.
The price of GBPAUD has formed a potential double top on the 4H Chart Additional confluences: - The pattern is happening at a strong reisstance range created from multiple previous low points in the price - The 2 tops are showing rejection from the 0.618 Fib level - The MACD has formed a bearish cross around the middle of the formation of the double top chart pattern
Take a look at our analysis for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.897. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.907 level soon. P.S Please, note that an oversold/overbought...
GBP/AUD may bounce back downwards in order to continue its downtrend
As we can see a rising wedge formed on 1 hr chart in ascending phase , Right after its appearance a bearish divergence also formed on RSI and its into the distribution phase right now so we can expect a descending phase will start after this. We can play it by placing our SELL STOP if this distribution rectangle breaks downward and then we can ride it...
GBPAUD pulled back to the resistance level following the channel break and close above. Price action created the confluence zone where we have dynamic resistance, a fibo level of 78.6%, and a psychological level above 1.91000. We expect a pullback and retest the channel. ------------------- Share your opinion in the comments, and support the idea with a like....
GBPAUD is forging a consolidation as market participants try to decide on the potential. The level of 1.9015 is an important zone for the participants. Overcoming the boundary of the consolidation range will form an entry point for price movement in one or another direction Consolidation can lead to both ups and downs: 1) The market is testing a strong...