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
Gbp-aud
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.
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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:
GBPAUD ANALYSISPrice rejected from demand zone at level 1.7425 with bullish movement corresponding to 161.8 Fibonacci extension level
RSI is in uptrendline
MACD shows bullish momentum
It's expected for coming bullish wave to target key level at 1.7610 corresponding to downtrendline
British Pound / Australian Dollar (Bullish) I can imagine the pair to go up for a while from now on.
Set the target at first on 1.79850
And then on 1.84666
I'd love to read your feedback.
How do you see GBPAUD for the next week?
FX: GBPAUD
British Pound / Australian Dollar (Bullish) I can imagine the pair to go up for a while from now on.
Set the target at first on 1.79850
And then on 1.84666
I'd love to read your feedback.
How do you see GBPAUD for the next week?
FX: GBPAUD
GBPAUDGBPAUD trade forecast.
After the strong push down to our selling target, we have seen the pair look to have come exhausted. Now we can see the start of a potential bullish market after a level of support has begun to form.
GBP AUD Resistance BreakResistance break on GBP/AUD off strong support - up to the "left shoulder range"
So long it ranges for GbpAudAs long as this pattern continues between 1.76-1.79, no clear direction it is to just trade the range on h4 and lower TF.
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
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GBPAUD on a double top 🦐GBPAUD on the 4h chart couldnt create above the daily structure at 1.79.
The price created a double top and now testing a 4h support.
If the price will break the structure we will set with students a nice short 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.
GBPAUD: Will Start Falling
GBPAUD reached a strong resistance.
Based on our stand point the price will dump.
Please, support our analysis with like and comment!
