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Gbp-aud

GBPAUD| Follow the RetracementPlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.92623 TP1 - 1.87699 TP2 - 1.83027 SL - 1.94139 Reason: Price was rejected by Trendline resistance of an Ascending Channel and we can follow the retracement. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu
2
GBP/AUD-Daily analysis-Hello everybody! -On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day? -AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong until today. -We can expect nice move in bullish direction if GBP remains strong until end of the day...But that is just my opinion. -On lower time frames like 1 and 4 hours we can see that bulls are in control and we can see lot of rejection on support line. -WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBPAUD and the long HOME RUN!GBPAUD is in a really important moment, it's being acumulated but we need more acumulation before buy so we will wait a bit and we will also observe if the value can go a bit more down to get a better entry , there are a lot of confluences in our favour for example the the uptrend that needs a P3, fibonacci also could help us because if the value falls to 61% the entry will be excelent and one supply in 1.91100 that has been respected a lot of times. So we will wait a little before the entry and let's catch this pips!!!
Long
by BlazeGP
GBPAUD SS Short + 198 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.9261 Stop =1.9286 Risk = 25 pips Profit target = 1.9063 ( The daily projected low ) Reward = 198 Pips RRR = 7.92-1 BO Entry = 1.9183 Stop = 1.9208 Risk = 25 pips Profit target = 1.9063 (the daily projected low) Reward = 120 Pips RRR = 4.8 - 1 I would appreciate if you leave a comment or like as a thank you Allen
Short
by AGold54
6
GBP/AUD-Daily analysisHello everybody! -On this pair we can see that price broke the ascending channel's resistance line before almost 10 days,price was moving in bullish direction and now price went back down to retest. -We can expect 2 options to happen; 1.Price will test new support line and bounce off in bullish direction. 2.The breakdown will happen and the price will keep pushing in bearish momentum. -On lower time frames we can see lot of rejections on support level but GBP is weaker than AUD so price may keep pushing down,... -I will wait for more conformations to decide what to do. What do you think about this setup? Please let me know in comment section! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBP/AUD-Weekly analysis-What to expect ?Hello traders! -On weekly chart we can see that week started with strong bearish momentum,WHY?-Because AUD is very strong right now and GBP is very weak and AUD is pushing GBP in bearish direction. -I have noticed that price is rejected on strong weekly resistance line(upper blue line)-if price stays above that line we can say that resistance become new support. -We have 3 days until markets are going to close so we will see what is going on.Will price break that resistance and went bearish or the price will keep in bullish direction? -I believe that price will push in bearish direction because AUD is very strong now on daily and weekly base. -I will also wait for more conformation on lower time frames and I will wait to news what is going on with this pair. -ALWAYS BE PATIENT ABOUT TRADING AND YOU WILL HAVE BETTER RESULTS! THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
GBP/AUD-4 hour time analysisHello everybody! -On 4 hour time frame i have noticed that price was retested on ascending channel's support line (blue line) and price didn't break trough that line. -Within 24 hours the price was moving strong in bearish direction and price formed strong down trend at lower time frames(2 hours,1 hour,30 min,15 min,...) -I believe that price will keep pushing in bearish direction because AUD is way more stronger than GBP so far. THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
The GOVERNMENT BRAINWASH youFrom an early age the government have you brainwashed into a negative mindset (although they portray it as positive) They want you to do well in school, go university, buy houses with a massive mortgage and get things like cars on finance just so you get in debt and have to stay stuck in that low paid dead end job that you hate... Working to make others rich, and you dont even get to enjoy these luxury's as you are working all hours under the sun just to put food on the table... Sound familiar? Well break out of that mindset and you will break out that way of life, cant even call it a life... just surviving fits better. Basically you need to unlearn what you were taught, i can help you do that if you send me a message, i will kick that negative mindset of yours into next year. Now looking at the chart we can see a trend line thats been touched 100000000s of times so this will be weak and most likely break upon the next touch, we can also see a strong resistance level that also comes at the 3rd touch of a weekly descending trend line if you zoom out and draw that on yourself. So we are looking for bulls to push price upto resistance and bears to push price down from this level, only when price reaches resistance will we be looking for sell trades. Trade safely people.
Long
by CrazyCartel
GBPAUD 270120Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck. Regards: Pips Archery FX
Short
by Pips_ArcheryFX
1
GBPAUD | Possible Rejection by Ascending Channel's ResistancePlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.90964 TP - 1.88973 SL - 1.91562 Reason: The price must satisfy three our conditions before position initiated. Being Rejected by Ascending channel's resistance or R3. Lose R2 or horizontal support level. RSI should be overbought (to confirm) Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu