Gbp-aud
GBPAUD: Consolidation and Complete Indecision
GBPAUD is stuck between two key daily levels.
the price is consolidating within a wide horizontal trading range.
1.814 is the support of the range.
in case of a daily candle close below that,
the price will most likely drop.
target level will be 1.796
1.839 is the resistance of the range.
in case of a daily bullish violation of that,
the price may continue the July's bullish rally.
target level will be 1.853
also note that for intraday trading, you can short the market from the resistance of the range
and buy from its support.
currently the boundaries of the range serve as supply and demand areas.
good luck
GBPAUD - SWING - 25. AUGU. 2020Welcome to our weekly trade setup ( GBPAUD )!
-
1 HOUR
Market broke out of our range.
4 HOUR
Jumped back into our trend direction and closed above main sr level.
DAILY
Overall slowly rising sideways market structure, expecting another push to the upside!
-
FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82330
SL @ 1.81410
TP @ 1.83790
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
Fall to yearly S1Longterm view. GPBAUD is likely to keep falling to the last major weekly swing low - yearly S1. When it reaches S1 watch for reversal.
Yearly pivots, that is where major reversals take place. Price usually travels between yearly pivot and S1 or R1 during the year.
As you see, in 2017, 2018 and 2019 GBPAUD stopped and reversed at yearly R1.
Watch price action at yearly pivots.
GBPAUD - SWING - 19. AUGU. 2020Welcome to our weekly trade setup ( GBPAUD )!
-
1 HOUR
Very bearish price action towards main sr level.
4 HOUR
Price broke and closed above blue line.
DAILY
Expecting prices to push towards previous highs.
-
FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82330
SL @ 1.81850
TP @ 1.83340
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 on a consolidation range 🦐GBPAUD after the downtrend started a new move up.
Market retraced till the 0.382 fib level and started to range between 2 daily structure.
If the price will manage to break and close above the daily structure, at the retest of it, we can set a nice long order according with Plancton's strategy.
–––––
Follow the Shrimp 🦐
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 Plancton0618 strategy will trigger.
GBPAUD. Might play around the key zone Hello Fam!
GBPAUD has been supported on the key zone and can retrace upwards once the market opens. We have to wait the retracement is confirmed and long can be opened.
Good luck to you!
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.
GPB/AUD: Buying now @ market price (Multi-timeframe analysis) The pair is printing higher highs and higher lows = bullish
On this multi timeframe analysis we can see that the price is at or above the cloud (H1/M15/M5) and the lagging span has no immediate resistance.
H4 confirms this as well.
I am buying now @ market price and will target the previous highs @ 1.83850 levels.
Trade at your own risk
GBPAUD ANALYSISGBPAUD broke uptrendline
Price is based below HVN at level 1.8241 which indicates that pair is in distribution phase
below SMA 100
MACD shows bearish momentum
RSI is below level 50
we r waiting price to break next support level at 1.8212 to open short trade
It's expected for coming bearish movement to target key level at 1.8065