Reading the waves and Speed Index 1. After the High up Volume wave the reaction a Down volume wave with very high PVR 2. Fake Break with a very fast Speed Index of 2.5 3. Abnormal Speed Index of 15.4 with PRS signal = sellers Price dropped to Fib , next is to monitor reaction on Fib, bias is to continue Short
My dear friends, Please, find my technical outlook for GBPAUD below: The instrument tests an important psychological level 1.9258 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.9394 About Used Indicators: Super-trend indicator...
Based on the GBPAUD H4 chart, a bearish bat pattern has formed T Bar formation level : 1.9415
Going long here, could signal a breakout of the resistance zone, ichimoku looking bullish. Great positive RR, seems like a good setup this here!
✅GBP_AUD went up to Retest the falling resistance And we are already seeing a Bearish reaction from the line So we will be expecting a Further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Take a look at our analysis for GBPAUD. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.926. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.944 level. P.S The term oversold refers to...
I’ve risked this a 3:1 risk and I’ve kept a tight stop loss, now put stop loss to break even .. I will keep this posted during the trade
OANDA:GBPAUD has formed bullish divergence on RSI and broken the last Lower High indicating the potential for bullish move. Currently, It's retracing back to fib 50-75% level where we can look for long setup.
The recent price action on the GBPAUD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️
Im looking for short opportunity from 1.9362 lets see how it goes
As we can see that GBPAUD has rejected from the confluence of trendline, resistance and 0.50 fib level so all these confirmations indicates towards the high probability of the setup. So we can plan short trade over here.
Hello Traders! GBPAUD has formed as double top formation on the daily , lets short go short!
GBPAUD is ranging with no clear series of HH and LL's. one can enter in the trade if range is broken on either sides. Significant levels are marked on the chart. Entries to be taken either at R2 or S2
GBPAUD PRICE - DOWN FALL TILL 1.92008 MARKED PRICE 0.5 LEVEL FIB ,make a short trade as shown in the picture follow for more updates
Hello,Friends! GBP/AUD pair is trading in a local downtrend which we know by looking at the previous 1W candle which is red. On the 1D timeframe the pair is going down too. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 1.931...
Looking for the second touch here with maybe a liquidity take on the 15min
Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPAUD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...