Expecting a pullback around this level after a strong move into the area.
Hello traders, and happy Monday! :) This setup shows great potential to gain bullish momentum, as the overall higher-time trend is bullish. Currently, it sits on monthly support, and on a weekly basis, the price hasn't broken through the moving averages. Additionally, the average volatility, based on the 7-day and 30-day periods, is overextended, suggesting a...
HERE we can see that price already in a up trend we got an break out wait for the retest after that make a short entry, as shown in the picture follow for more updates...
Entry Taken During London Session. 1. Fibonacci Downtrend Move Setup. 2. Entry Taken on The New LH Formed. 3. Entry Taken at 30 M Break Of Lows.
I've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open. I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to...
GBPAUD- PRE-OPEN IDEAS. Possible buy if bullish open. Currently ranging and slow open could produce opportunities on 200 EMA (D).
Head and shoulder set up at the minor quarter point price. Wait for any retracement before entering the sell . Preferably at a demand turn into supply zone on the 4hr timeframe (tf) .
As for GBPAUD, we might be looking for a retest, and then the market will be giving bears at the high momentum as for the news event on April 24, 2024 (consumer prices account for a majority of overall inflation). Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation...
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we planning on going long on gbpaud, as we saw gbpaud has been in a bullish channnel and it has just reached the bottom of the channel, Witch has caught my attention, I think its a really good setup
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
Short, W1 down trend, D1 downward. SL - 1.94630, TP 1.88090.
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...
GBP AUD - PRICE BACK TO THE SUPPORT ZONE TO FILL LIQUIDITY here we can see that price got a break out from up trend line price has to take retest ,make a short entry after this zone to till support zone, follow for more live updates
✅GBP_AUD is going down now But a strong support level is ahead at 1.926 Thus I am expecting a rebound And a move up towards the target of 1.930 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Looking at GBPAUD trading off this 4hr FVG. It's more clear on the 5 min chart than the 15min. Stops were ran this morning from the first impulse leg.
GBPAUD give breakout of LH , also bullish divergence occur indicate that buyers are in control. We can attempt to buy by placing buy stop. SL , TP mention in chart
Price Action H4 bearish trendline have been broken towards upside. With price setting a higher high amd higher low. As price retrace back to the broken trendline, it formed a H&S patterns. Price just broken the resistance neckline of the H&S and close strongly above. Set a long trade target H4 Swing High