This chart presents a bearish outlook for the GBP/AUD pair. It is moving within a descending parallel channel, indicating a continuation of the bearish trend as observed on the 4-hour chart. Additionally, the RSI follows a similar descending path, reinforcing the channel's price movement and suggesting strong support for an impending rejection. Therefore, we can...
GBPAUD is making lower lows and lower high . it may continue its bearish trend.
Here is our detailed technical review for GBPAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.916. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.930 level. P.S Please, note that an...
Market already mitigated a demand and i've seen a market structure shift (bullish CHOCH) this is a good indicating for buying📊📈💸
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Do we all love GU? So, whats behind this setup? lets see how FX:GBPAUD plays
GBPAUD Buy Limit @ 1.9100 Stop Loss @ 1.9040 ( 60 Pips ) (Swap and spread are not included.) Be sure to risk 1% of your account balance Take profit 1.9380 ( 280 Pips ) GBPAUD Buy Now @ 1.9155 Stop Loss @ 1.9110 ( 45 Pips ) (Swap and spread are not included.) Be sure to risk 1% of your account balance Take profit 1.9310 ( 155 Pips )
Hello Billionaires! It looks like a good time to buy GBPAUD from the order block. Just remember to keep an eye on the market in case things change. Also, make sure to protect yourself by setting stop-loss orders below the support zone to avoid big losses if the market suddenly goes down.
Price action suggest a bullish view: - falling wedge pattern - successful demand zone test (4h) - demand zone test followed buy a break of previous high (---$$$---) - buying sentiment getting stronger Entry is identified by a green circle SL: 20-30 pips ; TP: 160260 pips
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
Bearish, re-tracement leg in progress and may create more liquidity before taking zone. Waiting for price to hit POI before initiating sells for potential lower prices. Safe and happy trading.
Price reached the imbalance area after making a lower low, looking for price to extend to the 27.1% extension fibonacci level.
Price currently will do a short term sell retracement for its move towards the imbalance area. Look for entries at 61.8 or a deeper 78.6% fibonacci retracement.
Our AI system detected that there is an ICT short setup in GBPAUD for scalping, Please refer to the details Stop loss, Supply Zone(Sell Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal...
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
GBPAUD is moving in a descending channel between the trend lines. The chart bounced from the support level and is back above the dynamic support level. We expect a continuation of the bounce from the level coinciding with the 38% retracement of the last bearish impulse. ------------------- Share your opinion in the comments, and support the idea with a like....