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
Gbp-aud
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!
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 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
Higher Low Possibly Getting Ready To FormGA is hovering over the daily SR zone, but it looks like it may getting ready to do a higher low before continuing on a new uptrend. With the big nosedive it took, not sure how high it can go. But I'm gonna enjoy the ride either way.
BEAR TPS:
• 1.94116
• 1.93353
• 1.92369 (where I believe the higher low will complete for continuation)
• 1.91329
BULL TPS:
• 1.95087
• 1.96401
• 1.98068
GBP/AUD Bearish View by ThinkingAntsOk🔸 4H CHART EXPLANATION:
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🔸 Price is on a clear downtrend moving inside a Descending Channel.
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🔸 It has broken the Support Zone at 1.9200 and now it is looking for a pullback to that level.
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🔸 It has potential to reach the Support Zone at 1.8800 if the downside move continues.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
SELL GBPAUD Hello 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 trendline and its heading towards 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 potential sellGBPAUD has been selling for the past month. Because of my analysis and seeing price breakthrough the support zone at 1.93761 (with that being a possible resistance zone now), i expect price to keep decreasing and enter at 1.92583 just in case there is any pullback (i dont want to enter too early). If price reaches my entry price i expect it to keep going down until the next resistance zone at 1.89116 for around 365 pips profit.