GBPAUD
BluetonaFX - GBPAUD Triangle Break SHORT IdeaHi Traders!
There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside.
Price Action 📊
The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line.
Fundamental Analysis 📰
The market's outlook on GBP is currently negative due to weak economic data recently released. The outlook on the GBP looks very negative at the moment, and the demand for the currency is very low.
Support 📉
1.90556: WEEKLY LOW
Resistance 📈
1.92405: PREVIOUS DAY'S HIGH
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
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Trade safely and responsibly.
BluetonaFX
A Great Trading OpportunityAs per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot.
I believe that a good trader follows a good mentor, but a great trader plans his own trade and takes reference from others' analysis. Therefore, I suggest that we proceed with caution and carefully evaluate the market conditions before investing. With a well-planned trade, we can maximize our gains and minimize our risks.
GBPAUD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPAUD – looking for an indecision daily candle … the week of 25Price arrived at 1.9000 with a strong bearish daily candle. Because of this momentum, we should look for a continuation but this region is a strong support as well as a round number. The 1st thing that usually happens before a reversal is an indecision candle (small body with large wicks) appears. At this moment I have no real reason to believe that the uptrend will resume: it could well continue lower and that is why I will only be monitoring/analyzing/trading this on the daily chart.
If we get a doji that is followed by a break above its high, that will be a signal that the market is heading up again. It follows that a trade will not set up for 24-48 hours. If, however the market continues lower, my next area of interest would be 1.8500 or even 1.8270.
Being prepared for the unexpected is a good idea in trading, so please use sound money and risk management and stay patient in all your trades. If you like my content, please give it a “thumbs up” and follow me to get even more.
What do you think about this trade idea? Please comment and share your thoughts!!
GBPAUD Is Finishing Multi-Year Bearish TriangleGBPAUD is unfolding a five-wave bearish cycle on a monthly basis, currently finishing a bearish triangle pattern within wave (IV). Big turn down can occur.
GBPAUD turned bullish at the end of 2022 and start of 2023 after completion of a three-wave A-B-C decline for a higher degree wave D down at 1.59 area, from where we have seen a strong rebound but once again can be a three-wave A-B-C recovery for wave E. However, subwave C appears to have an extended structure, with nice resistance at 2.00 area. There is still a chance for a reversal down, especially now that is breaking channel support line, but we want to see a weekly close below the channel to confirm that bears are back.
#GBPAUD: 1600+ PIPS SELLING SETUP!! Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker currency mainly because of strong US DOLLAR presence in the market.
Thank you as always ;)
GBPAUD - 4hrs ( Sell Trade Target Range 300 PIP ) Pair Name : GBP/AUD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
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✔️ Key Technical / Direction ( ❗️ Short )
Type : Mid Term Swing
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Bearish Break
1.94500 Area
Reasons
- Major Turn level / M
- inner Trend Break
- inner choch
- Visible range Hvn
- inner Trend Break
- Day / Week Low Break
Bullish Reversal
1.91000 Area
Reasons
- Major turn level / D
- Pattern Target
- Channel Lower Band
- Fibo Golden
- Quarter's Area
- Major Choch area
GBPAUD - 4hrs ( Down + 160 PIP / Tp 2 > full Tp 300 PIP ) Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
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🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
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VIP Opportunity
Take Profit 1 + 2
Account Growth = 10 %
Pip' Achieved = 160 PIP
GBPAUD - 4hrs ( Down + 240 PIP / TP 3 ) Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3
Account Growth = 15 %
Pip' Achieved = 240 PIP
GBP/AUD - 4hrs ( Full Target Hit + 320 PIP ) Pair Name : GBP/AUD
Time Frame : 4hrs
Scale Type : Large Scale
Analysis Way : Volume + Classic + High & low + Market Map
Direction : Short
📋 Educational
—————**-
🗒 Just browsing through my analysis means a lot to me.
➡️ Update -
————
VIP Opportunity
Take Profit 1 + 2 + 3 + 4
Account Growth = 20 %
Pip' Achieved = 320 PIP
GBPAUD I Dismal UK Data I wait to longWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
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GBPAUD under pressureGBPAUD is on a downtrend on the 30min timeframe today... The british pound is under pression because of inflation issues and this pair seems to be a good one to short the pound. At the moment, price has formed a triangle after a downward extension and if broken to the downside, price will create further continuation.
"GBPAUD: Continuing Bearish Momentum"#GBPAUD have been on falling all the month and still showing a bearish momentum, given the patterns recently formed indicating a continuation movement and the atual pattern formation it is also a continuation pattern that indicates a bearish movement in the market. The price it is expected to fall to 1.9086, before anything else we wat for the market to surely confirm the breakout by closing few candles below 1.92290
🔥GBPAUD SELL (1.92000-1.92400)
🟢TP1 - 1.91700
🟢TP2 - 1.91300
🔴SL - 1.92800
GBPAUD: Trendline break, waiting for retestWe can see that GBPAUD has broken the weekly rising trendline with gusto at the end of last week.
We have a small pinbar close on Friday which suggests a retracement back up to retest.
I'm expecting strength to build up for the AUD with the positive signs coming out of China, we can see it is recovering across most crosses, and sterling weakening.
BoE decision on Thursday is important, however I think whatever happens this is a good pair to trade and I'm expecting lots of short pips from this pair over the next few months.
Watching out for the retest and then I'll be starting to short.
GBPAUD Technical Analysis! BUY!
My dear followers,
I analysed this chart on GBPAUD and concluded the following:
The market is trading on 1.9258 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9433
Safe Stop Loss - 1.9161
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPAUD ____ INCOMING BULLISH MOVEHello Traders,
This pair is trading in a weekly demand order block from which price could rally. We also have an unmitigated price level which price could go mitigate.
Keep an eye on this pair. I will be monitoring this pair on the 1-hour timeframe to see if there would be a CHOCH from bearish to bullish to go long.
Follow for more updates.
Cheers,
Jabari
#GBPAUD Short term selling opportunityAlthough in long-term view price is in bullish Daily and weekly move, but in short term price managed to form bearish market structure ( I mean 4H and 1H timeframe ) so its possible to look for selling opportunities but with extra cautious.
As we can see in the chart we have valid 4H bearish channel, price recently broke below supportive area which hold price higher for 3 time and now can act as a resistance, price also below 4H EMA and seems like going to test it again, price also around our channel middle line which can also act as resistance.
Gbpaud more downside, pullback can come too but for shorts
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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GBPAUD A 1000+ PIP TRADE CONFIRMED hello traders so as i predicted last week GBPAUD Broke and Closed below the local Bullish correctional trendline and a support level which also plays a neckline for the double top.
this indicate bearish strength and dominance.
for the trade i am waiting for the price to go up and retest the trendline and the key level.
this will give us an excellent entry for our Short Position.
lets just hope that the price will actually come up and give us that retest haha.
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