GBP/AUD - 15M Analysis & Prediction
📉 GBP/AUD - 15M Analysis & Prediction
🔹 Key Levels & Market Structure:
🔴 Supply Zones:
1.98820 - 1.98891 (Major resistance, potential strong rejection)
1.98623 - 1.98653 (Lower supply zone, possible mitigation)
🟢 Demand Zones:
1.98375 - 1.98397 (First support, weak reaction expected)
📊 Possible Scenarios:
1️⃣ Bearish Continuation: If price respects the supply zones and fails to break higher, expect further downside continuation towards liquidity levels below.
2️⃣ Temporary Retracement: A short-term pullback towards the FVG or supply zone before continuing lower.
💡 Trading Plan:
✅ Watch for bearish confirmations at the supply zones for potential short entries.
✅ Look for possible retracement into fair value gap (FVG) before continuing lower.
✅ Break and close below 1.98375 confirms bearish momentum.
#fxforever #GBPAUD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #OrderBlock
🔹 Key Levels & Market Structure:
🔴 Supply Zones:
1.98820 - 1.98891 (Major resistance, potential strong rejection)
1.98623 - 1.98653 (Lower supply zone, possible mitigation)
🟢 Demand Zones:
1.98375 - 1.98397 (First support, weak reaction expected)
📊 Possible Scenarios:
1️⃣ Bearish Continuation: If price respects the supply zones and fails to break higher, expect further downside continuation towards liquidity levels below.
2️⃣ Temporary Retracement: A short-term pullback towards the FVG or supply zone before continuing lower.
💡 Trading Plan:
✅ Watch for bearish confirmations at the supply zones for potential short entries.
✅ Look for possible retracement into fair value gap (FVG) before continuing lower.
✅ Break and close below 1.98375 confirms bearish momentum.
#fxforever #GBPAUD #SmartMoney #PriceAction #ForexTrading #LiquidityHunt #OrderBlock
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
fxforever
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.