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Gbp-aud

Waiting For The BreakoutLoving this setup also for the week. GBPAUD is consolidating underneath a weekly level and I'm waiting for the breakout to take this trade. On the higher timeframes, it looks like that it's going to come back down to the 1.75485 daily area before ticking back up. But if it doesn't we're in for a solid bull run that can last a couple of weeks minimum. Let's wait and see. BEAR TPs: • 1.78354 • 1.76923 • 1.75485 BULL TPs: • 1.79976 • 1.81397 • 1.82358
by NikaJourney
1
GBPAUD will break above the 1.80 🦐GBPAUD has recently broken the main descending channel and now testing the resistance at the 1.80 level. The price before breaking the channel retraced inside a bull flag until the 0.382 level and now testing the resistance. According to Plancton's strategy, if the market will break above we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Leave a comment that is helpful or encouraging. Let's master the markets together
Long
by InkyGrip
5
GBPAUD on a range break 🦐GBPAUD on the 4h chart is moving inside a range between 2 daily structures. IF the price will manage to break and close above we will set a nice long order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
6
GBPAUD SETTING UPHi guys, and happy Thursday to you all. Markets are a little slow today and we are not currently in any trades at the moment. The only pair that is setting up rather nicely out of our watchlist for this week is the GBPAUD pair. We had a breakthrough last night and we are currently waiting for a retest which will give us confirmation of price continuing in a bearish momentum which could potentially form a downtrend and eventually hit our take profit level. But as ever we are not forcing any trades and we are definitely not going to rush into anything. We have made serious capital gain within the last few trades and we're not willing to throw all the hard work away by forcing something that isn't quite there yet. We will keep you updated a little later on whether this trade came into our favour or not. As always, staying humble and staying focused for now. Good luck traders, have a great day.
Short
by Forexinsightsuk
Long Term Bullish View on GBP/AUDGood morning traders! Today we bring you a long-term analysis of the GBP/AUD pair, along with a short-term vision to show you where we recommend taking a bullish position in case you are looking for a trade in that direction. 🔸The price has been in a bullish channel for four years, and a few weeks ago we saw a retest of it. 🔸From there, the price generated a slight rebound, but we consider that it has the potential to initiate a strong movement in the upward direction. 🔸The long-term target is the Resistance zone at 2.0500, but in any case we leave the short-term vision. 🔸In the 4H chart we see that the price broke the Descending Trendline, and is forming a corrective structure. In the event of a breakout to the upside, we may witness a move towards the Resistance zone.
Long
by ThinkingAntsOk
2
GBPAUD on a bullish move 🦐GBPAUD is consolidating below a descending trendline. The price after the attempt to break below gains strength and starts to move to the upside. According to Plancton's strategy, if the market will break above, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Long
by InkyGrip
8