GBPAUD short position, 2 confirmation Good for a short position following the trend line and the macd divergence LH-HL plus according the COT, GBP is shorting while the AUD is gaining into long position. leave your comment below
Gbp-aud
GBPAUD Short/Long Setup & AnalysisWe have an interesting opportunity from the GBP/AUD pair. According to the COT GBP reports from the past few weeks, we can notice that the short-term dominance of the long contract is starting to reverse the overall positions. This can lead to a move for the 0.382 Fibonacci area near the 1.88000 mark.
On the weekly timeframe we can see that price broke below the critical demand level near 1.88000 but couldn’t break the one at 1.77000. After that buy pressure came in and now the pair may face an upward momentum towards the upper weekly supply level.
On the daily timeframe we can notice that the Fibonacci levels have been respected multiple times and they will be respected until we have new lower highs near the upper trendline.
There are 2 possible scenarios for the GBPAUD pair:
1. Price getting rejected by the 0.236 Fibonacci level at 1.84000 and then heading towards the bottom trendline near 1.74000. This is the scenario which is less likely to happen.
2. Price getting rejected by the weekly supply level and the 0.382 Fibonacci level at 1.88000 and then heading towards the 1.74000 mark.
Strong rejections from the levels mentioned above will be clear indicators for one of the scenarios to happen.
Happy Trading!
GBPAUD - SWING - 10. AUGU. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bullish price action this week.
4 HOUR
Overall bullish market expecting another push to the upside!
DAILY
Great long entries and price action!
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82410
SL @ 1.81530
TP @ 1.83760
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 SellI believe GBPAUD will retest the 1.82 fib level as based on the 4H hour chart. Going to see how this plays out based off the new3s being released later today
Is your ship SINKING?1.77000 was a key monthly level, and also a lovely round number so i had an order set here and the bears pushed price down to this level perfectly before bulls took over pushing price up 700 pips! My target zone is 1.88000 as you can see on the chart, again this is just another key level at a lovely round number.
Who said trading has to be hard? That's rite the people who want you to fail say it, the people who cant be bothered to put the hard work in! The people who will always be stuck in a dead-end job! The people who want you to think trading is hard so you pay for there help! So many people out there that you just need to block out and cut off as they are only dragging you down with them. I got rid of so mant toxic people in my life and as a result of this my quality of life improved and so did my trading. Sometimes you have to throw a few heavy things overboard on a sinking ship to keep it afloat.
If you would like any help trading then send me a message and i will be happy to help :)
Lots Of Love Laura x
GBPAUD - Long Day TradeI will be looking for a bullish entry on GBPAUD. This is my analysis and i will only enter during Pre-London and London Session. If the trade happens during Asian somehow then this trade is invalid. Remember to follow proper risk management and be mindful of when you enter!
GBP/AUD Bullish View by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Weekly Ascending Trendline.
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🔸It has also broken the Descending Trendline.
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🔸 We consider that the first bullish target is the Resistance Zone. If it is broken, then we will wait for a retest before looking for a long trade.
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🔸 Will look for a lower timeframe setup.
🔸 DAILY CHART ANALYSIS:
GBPAUD UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPAUD TO SELL (AUD CASH RATE HIGH IMPACT NEWS)We are noticing there is downtrend forming for GBPAUD as AUD Cash Rate news occurred. This is a strong sell!
TP: 1.829 OR BELOW
GBP/AUD As far as Gbp / Aud is concerned, it would certainly be nice to get a retest, and only then to go for a monthly retest of 84,400 areas. There we would certainly be interested in short.
GBP/AUD Short setup.Hey, I am back with another Idea, this time looking at GBP/AUD.
It's a short.
Short entry
1.80800 - 1.80875
TP level
1.80300 - 1.80410
Don't forget to follow me, in order not to miss out on my setups, their success rate is high.
GBPAUD TO BUY (AUD CPI HIGH IMPACT NEWS)We are looking to buy GBPAUD, with the occurrence of AUD CPI that is still an uptrend. The uptrend will continue to develop through time of the entire day.
Tp: 1.807 OR ABOVE
GBP/AUD: Power candle, I'm buying it!I am bullish on this pair. The reasons are the following:
- Price is above the daily pivot level
- Price is above the KUMO (cloud)
- Price is producing higher lows and higher highs
- Price bounced off the cloud as a trend continuation
- We have a power candle as highlighted in my chart.
So it seems at the moment buyers > sellers
Power candles are candles with thick bodies. Their closing should be located at the highs (if it's bullish) or at the lows (if it's bearish). We shouldn't see any kind of large wicks at the closing of these candles.
A power candle is also usually exceeding the range of the previous candles (highs-lows).
I am targeting the previous highs as T1 and the fib level as T2.
Trade with care and at your own risk
GBPAUD Bull Trend ContinuationGoing along with the Bullish momentum that is being presented above, by doing so I'll be speculating price action to makes its way to swap levels in the parallel channel to find entry at a level that has been tested multiple times in the pattern.
GBP/AUD breaking pointGBP/AUD is now under weekly trendline, also retested it and now there are 2 scenarios. Red one = Price stays below resistance and under trendline, we can expect more fall in price.
Green one = Price will break resistance, then we can expect price going back in weekly trendline and we can consider it as a fake breakout
GBP/AUD Waiting for the Pullback by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline.
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🔸It is now making a corrective move.
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🔸We are waiting for a retest of the broken trendline before considering a short trade.
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🔸 Will look for a lower timeframe bearish setup.
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🔸 DAILY CHART ANALYSIS:
GBP AUD BUY (POUND STERLING - AUSTRALIAN DOLLAR)Hi there. Price is moving impulsively to the upside. Wait for the price to move correctively to the downside and form a continuation pattern to the upside, then watch strong price action for buy.
GBP/AUD probably UP ??I've been watching GBP/AUD's daily chart's movement a few days back and I have a feeling that price may go up. I'm still reluctant to place a live trade because I'm still waiting for price to hit my little trendline but once it crosses over I'm in :)
