GBPAUD Long Term Buying Trading IdeaHello Traders
In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPAUD
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 - Long active ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. As I expected in my previous analysis price made a retracement and now I want to reject from bullish order block + institutional big figure 1.95000.
Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD and on Wednesday quarterly GDP. Pay attention to the results in order to validate the analysis.
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GBPAUD Analysis 2Sep2023Until the closure of this week, prices are still stuck in support. Although there are several bearish candles that are quite thick, but not enough to form a new low structure. There are several measurable targets that can be anticipated every time the price succeeded in penetrating each SND area.
GBPAUD - Still Overall Bullish 🔝Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
GBPAUD has been overall bullish trading inside the rising channel in blue, and it is currently approaching the lower trendline.
Moreover, the 1.94 is a strong support zone.
🏹 So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
As per my trading style:
As GBPAUD is sitting around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Potential re-entry for a short on GBPAUDMy initial entry was at 1.98235 after breaking out of the consolidation area, we saw a continued drop till it broke through the 1.96611 area. As it stands, we have a pin bar on the H4 at same area as a retest for the continued downward move which shows some rejection of the area. If I see some bearish pressure further at this area, I will take a sell. We wait for the next trading session in next week.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
GBPAUD: Long Signal Explained
GBPAUD
- Classic bullish setup
- Our team expects bullish continuation
SUGGESTED TRADE:
Swing Trade
Long GBPAUD
Entry Point - 1.9603
Stop Loss - 1.9513
Take Profit - 1.9757
Our Risk - 1%
Start protection of your profits from lower levels
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GBPAUD Buy opportunity emergingThe GBPAUD pair hit our previous Buy Target as presented (see chart below) last month:
The price has now been pulling back within the 7-month Channel Up in search of the next Higher Low. This should be formed at least on the 1D MA50 (blue trend-line) as it did twice before. As a result, we will wait for that buy opportunity and target 2.01500 (1.236 Fibonacci extension).
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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 forming a higher lowGBPAUD has been on a bullish trend on the daily timeframe. We can observe on the 4h time that price seems to have encountered a strong support at around 1.9600 and has probably formed a higher low at this particuar level. My target is at the top of the trend which is the last hgher high... After that level is broken, we could even see further upside.
GBPAUD Is Going Up! Long!
Here is our detailed technical review for GBPAUD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 1.965.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.980 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPAUD: Top-Down Analysis & Bullish Setup 🇬🇧🇦🇺
GBPAUD is trading in a long - term bullish trend.
After the price set a new high, it started a correctional movement.
Bears are currently approaching a 4H intraday support.
The price action on an hourly time frame looks very bullish to me.
The price formed a double bottom pattern there and broke its neckline.
I expect a bullish continuation to 1.4746 / 1.9805
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GBPAUD - Want to see a retracement ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to make a retracement and then to reject from bullish order block + institutional big figure 1.96000.
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