GBPAUD BuyHigh Possibility of an emerging ascending triangle pattern. Plus, the crossed down and up LOWER Bollinger Band. The price is expected to oscillate within the triangle trend lines and then break out and start rising towards the SUPPLY ZONE.
Gbp-aud
What is the next move for British Pound / Australian Dollar?GBPAUD was bullish last week. I assume it will be bullish during the next week too.
FX:GBPAUD
The uptrend perhaps continues to the resistance 1.84500 (first target)
and if it can pass it, it may reach the line 1.92750 (second target)
Merry Christmas everyone.
GBP AUD SHORTGBP AUD is within an ascending triangle support and resistance
After rejecting the resistance zone on 4 hour we can see a wick from the hourly as well within the local resistance zone
We also see a heade and shoulders like pattern
Likely the price may fall back down the the lower end of the support trendline of the ascending triangle formation
GBP AUD SHORTAfter break of daily support zone gbp aud has retested the range. Now after rejection in resistance zone it may fall.
GBP-AUD Will Go Down! Follow The Trend!
Hello, Traders!
GBP-AUD is falling in a downtrend
And we saw a correction Up from support
After the pair was oversold
Now, however, GBP-AUD is back to the support
That it broke while falling
And which turned into a resistance line
I bet on Trend Following in this case
And expect the pair to go Down
From this resistance
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
GBPAUD Going UP! We are buying ..Watch strong price action at the current levels for BUY. GOOD LUCK!
GBPAUD at the retest of the channel🦐GBPAUD after the break below the dynamic trendline consolidates between a daily resistance and a minor support.
The price retraced until the 0.5 fib level and IF the market will break and close below the support we will set 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 some scalping here you may find this could turn into a long term trade if you position yourself correctly
GBPAUD Double top forming !GBPAUD has been very bearish on the day down by >1%. A double top is closing in with the price approaching support. Entry in support at 1.7695. SL - 1.7735 | TP - OPEN
GBPAUDGBPAUD trade recap video.
The opportunity has been and gone. However there is always another opportunity to come.
GBPAUDGBPAUD trade forecast video.
I am all about quality over quantity. Because of this, I spend a lot of time waiting for a trade that will never come or watching an opportunity pass me by. It is a common misconception within the forex industry that a trade should be executed every time you are on the chart, this is not true.
Time should be spent breaking down a pair, looking for direction bias, key levels and market structure, alongside other technical and fundamental analysis. Once this has been done, there is then the task of identifying the optimal location to enter the market to minimise risk and increase the probability of success. As well as trying to be as profitable as possible as that is the goal after all.
I find a trading plan with set rules for an entry is the best way to ensure discipline when trading. This is certainly the key to my success!
GBPAUD Likely to Break Out of Lower Bound Range
Refer to chart for key reference levels.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
GBPAUD: Bearish Continuation
GBPAUD is trading in a local bearish trend.
Yesterday the price has violated a strong 4H structure and this morning we see a retest.
On hourly the price has formed a double top on that and just closed below its neckline.
Now I expect a drop.
1st goal - 1.78935
the price can go even lower,
so keep the portion of your position for potential continuation
💡Don't miss the great sell opportunity in GBPAUD Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.8012).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 1.7862
TP2= @ 1.7787
TP3= @ 1.7694
TP4= @ 1.7500
TP5= @ 1.7292
SL: Break Above R2
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GBPAUD - SWING - 01. DECE. 2020Welcome to our weekly trade setup ( GBPAUD )!
-
1 HOUR
Strong bullish pressure.
4 HOUR
Small pullback after crossing main sr level.
DAILY
Expecting prices to move up shortly!
-
FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.81110
SL @ 1.80020
TP @ 1.82790
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD Short / Indications of weaker GBP this morningWe are short on GBPAUD
There are many good reasons for that, from price action, lower high, Fibonacci retracement and general candles.
The reward over risk is 4.4
GBPAUD - LongThere is an oppotunity for bullish momentum for GBPAUD.
Price is at a support zone (1.80271), where price has held at this zone on 3 previous occasions.
I believe that we could see history repeat itself self and should the support zone hold, we could see bullish movement up towards the 1.8300 regions.
Before entering a long trade, I will seek strong bullish rejection at this level (4H closed bullish candles)
GBP has been rather volatile recently, as well as AUD strength. Therefore, this trade should be taken knowing that fundamentals could come into play and cause unexpected movements.
