gbpaud long setupI think we have some weaknesses with the AUD atm.
if the market could give us a nice healthy retracement ill go long for a continuation of the movement!
Gbp-aud
Target MPI am looking for shorts here to the monthly pivot.
Move nearly completed the TD projection and price is hitting 8 months average price where it should find the resistance.
FOR EDUCATIONAL PURPOSES ONLY.
GBP/AUD Bullish BreakoutGood morning traders, today we bring you our short and medium term analysis in GBP/AUD, which we consider has good upside potential.
🔸As we see in the 4H chart, after the bounce in the Support Zone, there was a very clean upward movement, generating a breakout of the Descending Trendline.
🔸Now, what we expect is a corrective move, which can be towards the nearest support zone or a throwback to the broken trendline, before resuming the bullish movement.
🔸Regarding the target of the movement, the most imminent zone is the Resistance at 1.8200.
🔸If we look at the daily chart, we see that it supports the vision of the 4H chart, since the price generated a fakeout of the Descending Trendline, and then with the bullish momentum it managed to penetrate the long-term Descending Trendline.
GBP AUD SELL (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is forming a continuation pattern to the downside.
Watch strong price action at the current levels for sell.
GBPAUD - Setting up for LONGPreviously written about this pair saying there's 2 scenarios. Seems to have broken out of the bearish trend and will be looking for corrective price action back to the red dashed trendline in order to gain a LONG entry
GBPAUD - Setting up for LONGPreviously written about this pair saying there's 2 scenarios. Seems to have broken out of the bearish trend and will be looking for corrective price action back to the red dashed trendline in order to gain a LONG entry
GBPAUD sell area now liveGBPAUD sell area now live, as trend try to reverse, RSI overbought
SL -50 pips
TP1 50 pips
Tp2 100 pips
GBPAUD: Following the ASCENDING CHANNELHi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything !
🟢 Forex Pair :
GBP/AUD
⚪ Technical Analysis :
Since the beginning of January 2021, the price has been moving with a strong uptrend, following an interesting ascending channel and few bounces on its dynamic support are an extra confirmation of the validity of that pattern.
It has currently reached its dynamic resistance line and the next price action will be essential to understand the next market movement.
🔴 Conclusion :
I believe there is a good chance to see the price rising until the main resistance zone at about 1.79000 but as a trend follower I won't open any long position right now because the price is just around its dynamic resistance line.
I'll be waiting for the price reaching its dynamic support and I'll open my next long position once I'll get a proper rejection on that area.
Stay tuned for Updates and Trading Signals !
What's your opinion? Share your idea writing a comment!
⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️
Trade Safe and Responsibly ,
Gianni
GBPAUDGBPAUD had broken out its uptrend line and tested it. The price has some time for consolidation and it will fall to the previous low.
Best regards EXCAVO
GBP/AUD Analysis Jan. 24, 2021Welcome back! Please support this idea with a LIKE if you find it useful.
** GBP/AUD will continue to rise to 1800 zone.
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian Kenya Horton, BK Forex Academy
GBPAUD - 500 Pip PossibilitiesReasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
GBPAUD - 500 Pip Possibilities Reasons to go SHORT:
- 0.5 Fibonacci
- Descending trendline
- Zone
- Corrective structure
Reasons to go LONG:
- Double bottom indicating trend reversal
GBPAUD on a channel break? 🦐GBPAUD on the 4h chart after the bounce on the weekly chart, retraced until the 0.786 Fibonacci level.
The price will test soon the lower trendline of the ascending channel and according to Plancton's strategy, if the price will break below, we can set a nice short 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.
GBPAUD - LONG POSITION (2HR)CONFLUENCES:
- Rejection of 51 EMA in 4hr
- Bullish Market Structure confirmed by EMA crossover
- Nice breakout from area of consolidation
FX:GBPAUD
GBPAUD ANALYSISGBPAUD is in uptrend
Pair is based above key level at 1.7562
Price is based above HVN at level 1.7627 which indicates that pair is in accumulation phase
Above SMA 100
RSI is in uptrend
we r waiting price to exceed next resistance level at 1.7685 after breaking consolidation area
It's expected to target next resistance level at 1.7790
A New StartI'm starting fresh and new, with all my knowledge accumulated from 5 + years in the market, I'm a shadow, I will always be a shadow, and I will help you if u ask.
GBPAUD reversing from previous lower low. If a retracement occurred take a look at the range marked in the graphics.
Those prices are good to look, but always look for better confirmation and confluence in the market and the session you are in.
GBPAUD - ShortA downtrend here with significant touches at the resistance level.
A recent rejection at resistance at the 1.7690 levels calls for a short position as price heads down to support (1.7450)
GBPAUD Short Trade Idea 💡 Hey traders, here is the analysis for the GBPCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Let's see how GBPAUD will continue its way (Trend Analysis)FX:GBPAUD
I think it will be a bullish move for the next week
FX:GBPAUD
Possible targets:
1.84500
1.92750
GBPAUD GBPAUD on the 4h chart after the recent lows created a double bottom and reached the resistance structure at 1.76400.
IF the price will break above the structure and consequently break the trendline according to Plancton's strategy, 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.
Dec 31, 2020
Comment:
