Based on the latest technical analysis for the GBP/AUD H4 (4-hour) chart, here's a bearish perspective: *Moving Averages:* - The *Simple Moving Averages (SMAs)* and *Exponential Moving Averages (EMAs)* are indicating a bearish trend with the price below key moving averages. - A *death cross* may be forming, where a longer-term moving average crosses above a...
GBPAUD with the strategy for currencies is giving like never before, just like that the strategy is on fire and money is coming
A #long trade opportunity recently presented itself on the #poundaussie (#GBPAUD) #trading chart 📈. This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 1.91028 horizontal support level. This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy). Sufficient upward momentum should see...
GBPAUD is practically neutral on its 1D technical outlook (RSI = 44.487, MACD = -0.002, ADX = 28.797) as the LL leg of the Channel Down was negated by the Double Bottom that was formed today. The 1D RSI turned upwards on a HL trendline and this is a short term bullish call, targeting the top of the pattern (TP = 1.94000). See how our prior idea has worked out: ...
Long Idea Daily FVG Structure Idea: Gbp Aud 📈 BUY MARKET Price zone 1.92110- 1.92300 TP1: 1.92600 Tp2: 1.93980 SL: 1.91820
Price had broken a resistance level i expect a retest and then move upside
Reason to Buy 1. Bullish RSI Divergence at 4H TF. 2. Bullish Engulfing Candle. 3. Taking Support from Horizontal Support Area.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Here is our detailed technical review 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 1.919. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon. P.S The term oversold refers to a...
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...
Hello,Traders! GBP-AUD went down sharply And the pair is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 1.911 A further move up is to be expected Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
hello everyone, price has reached support area, price could further drop more or reverse to the correction point based on the GBP news tomorrow.. overall the price is in downtrend channel so price will either make low high or if there is price manipulation then it will test the resistance trendline at 1.941 if not then 1.926... No BOS on reversal yet... price is...
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...
This is my bullish trend idea. However, wait for clear trend continue moment and wait for trend continue after can entry. This is my opinion, not for any signal service. Good luck.