GBP/AUD!Looking for a pullback to test the last significant low as price broke it correctively. Looking for the -61.8 Fib for a target.
Gbp-aud
GA Short [one last time]GBP AUD has a clear downtrend but as we come ever closer to the weekly and monthly level - we need to be careful.
Note our trade is risk free: - we are just awaiting the market open - ofcourse if there is a gap down - expect a possible attempt to fill the gap.
We have a strong supply at 0.236 on the four hour. Not the Stop loss is the number of pips we wish to enter. price will change, this is just to show our range of where to enter.
There will be a retracement, however with fundamentals in play this can be ignored. Always have two scenarios in mind.
COT report; GBP shorts added on the COT report against the USD, the final push down the demand zone will occur. just await price action.
Happy Trading this week ahead. We will update accordingly.
Lupa.
GBPAUD- BUY (If it touches TP1, I'll buy a pack of gums)After many corrections and
impulses the price has reached
LL where a spport has formed,
and now the price shows signs of correction.
And there are some rejections
to the consolidation at LL that
confirms that it wants to push up.
Likes and comments if you want more trading setup. Thank you!
GBPAUD FOR A BUY (ENOUGH SUPPORT TO BUY)Based on the daily chart along with the amount of news sessions for the GBP and AUD currency, there is enough support that GBPAUD is looking to make a uptrend soon. Please be on the lookout to trade GBPAUD as a buy.
(TIP: Always look at the Ichimoku Green Line that are touching green triangles that leads to an indication of a buy based on support)
TP: 1.904+
GBP/AUD POTENTIAL LONGG/A ANALYSIS
5/12/2020
After a big bearish run, price has made its way down to Monthly level 1.9000
This is been the market direction for the past month or so..
With the crucial news coming out tomorrow regarding AUD & NZD (both move in correlation)
This could be a potential trade.
The Australian Dollar may be at risk after AUD/USD followed the aggressive slide in the Nasdaq Composite into the close
Major moves on AUD and NZD MAY 13
HIGH IMPACT NEWS:
NZD
Annual Budget Release
AUD
Unemployment Rate
AUD
Employment Change
Do NOT trade before taking confirmation.
Stay Patient!
Reminder: Drawing is only an idea of how the price will move, it's NOT 100% perfection due to market nature
Message for private entries!
GBP/AUD: Short entry triggeredHi guys,
The triple support yesterday broke so I am on the short side. Pullback was done during the Asian session, and it is now at a key level but volumes are low, suggesting the pair could go back south again.
The R/R for this trade is > 4.
***Trade at your own risk***
GBPAUD - Buy&Sell OpportunitiesPossible rise in the price of GBPAUD in wave C as part of wave 4.
After reaching a key resistance level, I expect a continued decline in the framework of wave 5.
ANALYSIS ON GBPAUDHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the price is moving downside and is close to its support.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
GBPAUD sells after break of key area boxGBPAUD is looking ripe for sells after a breakout of the key area box and a retest in the makings. A tight stop loss and great take profit is what we're looking for. Let's see what we can get
GBPAUD SELL
start: 1.8976
stop loss: 1.90270
take profit: 1.87069
GBPAUD Price is retesting former support! 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!
GBPAUDNeed a pull back before the downtrend continue, we have a LL on Daily! Bur 4h consolidation zone broken up.
GBPAUD approaching support, potential bounce | 12 May 2020Price is near a key support level where we could see a bounce above this level. We will be uploading the written version as well linked below, so do check that out and let us know what you would like to see next. Cheers!
GBPAUD - New bullish wave?PAIR IN FOCUS: GBPAUD
ACTION: LONG
HORIZON: SHORT TO MEDIUM-TERM
Price has broken a recent swing high, and that signals for a possible new bull wave or large retracement. The presence of a bullish RSI divergence also gives support to a bullish bias.
TP 1: 1.91870
TP 2: 1.92890
STOP LOSS: 1.90070
Looking to play another support rejection GBPAUDFundamental case:
Overvalued AUD against Australian equities.
BJ's lockdown extension caused short term selling and I predict GBP will continue up.
Sentiment/PA:
Key level for this pair; just as we're seeing on many other pairs, there's an order block (in yellow) controlling the next wave of direction - this level is holding the selling since 1.9500.
Still a seller's market and a big challenge for a buy case.
Technicals:
Market is rejecting 1.9000, with a small double bottom. Market is neutral at best until price is above demand.
Entry criteria:
A rejection of support.
Make sure to follow my ideas. Follow me on twitter @thecolour_red and instagram @madebyforex. - Happy trading.
GBPAUD Scalbing SignalIF The Price Break Out Up Enter Buy (Tp 20-30-50) (Sl 25 Pips )
IF The Price Break Out Down Enter Sell (Tp 20-30-50) (Sl 25 Pips )
#Wolf_Academy
GBPAUD 4HThe RSI indicates a normal divergence and reversal of trend this new week the support level might be retested if it holds the long will be active and alternatively drop might continue.
GBPAUD IN DESCENDING CHANNELHello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair gave a breakout from its falling wedge and is now in descending channel. One can wait for the breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for
you. Do like and follow us.
Ryan.R..Lopes
GBPAUD 2h timeframeGBPAUD looking nice and bullish seeing rejections from my previous levels of support... lets goooo!!
