20 Reason for sell GBPCADupdate 04/09/2022
1 Structure 12 : bearish
2 imbalances :\Target marked
3 Current Move 12:impulse
4 Entry TF : H1
4.1 ETF Structure: Bearish
4.2 move : IMPULSE
5 Support Resistance: resistance at OB
6 FIB: wait for retracement
7 candle Pattern: momentum
8 Chart Pattern: Falling base falling flag
9 Volume : after a rally volume dried VAS
10 Momentum: Resistance in 60 level RSi
11 Volatility : Excepted volatility Diverges BOLLINGER BANDS
12 strength: highest weakness excepted ADX
13 Sentiment : extremely weak ROC
14 Final conclusion: wait for retracement or confirmation
15 Buy /Sell/Wait : Sell
16 Entry: 1.5152
17 Sl:1.5185
18 Tp:1.4701
19 Risk to reward Ratio:1:14
Excepted Duration : 8 days
Gbpaudanalysis
20 Reason for Sell GBPAUD 03/09/2022
1 Structure Weekly : bearish
2 imbalances :\Target marked
3 Current Move weekly : impulse
4 Entry TF : h4
4.1 ETF Structure: Bearish
4.2 move : Impulse
5 Support Resistance: resistance at OB
6 FIB:
7 candle Pattern: momentum
8 Chart Pattern: falling and base
9 Volume : high volume VAS
10 Momentum: below 40 bearish (RSI UNCONVENTIONAL)
11 Volatility : walking om the band (BOLLINGER BAND ADVANCE)
12 strength: ADX start strengthen (ADX)
13 Sentiment : GBP is weaker then Aud (ROC)
14 Final conclusion: sell on opening
15 Buy /Sell/Wait : Sell
16 Entry: 1.6890
17 Sl:1.6950
18 Tp:1.5832
19 Risk to reward Ratio:1:10
Excepted Duration : 20
GBPAUD BULLISH OUTLOOKAustralian dollar fell after building approval data came at -17%, while only -5% was expected.
GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario.
If this scenario continues, we might see increase of the instrument's price to 1.715, the alternative scenario is the price to return to the falling wedge support at 1.687
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GBPAUD longThis is my breakdown gbp/aud after observing it for weeks.
I have been patiently waiting it to hit my diagonal the weekly support ray.
Looking at the 4h timeframe, i think it will hit the line by the end of the day or before.
Will moniter price action at the 15min chart, and look for rejection and conformation before taking a long trade.
The daily price range is 1500 points, and expect it to react at the line and go bullish.
FxBeams
EURAUD and GBPAUD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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Is It Time To Start Buying GBP/AUD ?? Detailed Analysis Today's trading idea is a LONG setup on GBPAUD.
Currently we have entered a Monthly demand zone from 2017 and approaching a weekly demand zone also from 2017 as pictured above. The weekly zone is untested the price range being from 1.691 - 1.664 it is highly likely price will drop down into this zone very soon as it's about to breach the 1.70.
On the 4hr chart pictured above we are already starting to get divergence signals on the MACD as we edge closer to the Weekly demand zone this is evidence selling momentum is starting to slow as we approach this area. What I expect to happen is a fast drop into this zone.
How I will enter this position is waiting for a MACD divergence signal to occur on 4hr or daily charts or wait for the same signal to occur on my custom indicator.
Profit Target for this position will be around 1.75 which is the weekly supply zone that caused the breakdown to the new low in the current trend.
Stop loss will be well below 1.66 and if a clean break and close of this level happens trade is invalidated.
Price will likely ebb and flow inside the weekly level making good opportunities for short term BUY trades every time price creates a new low or BUYING at the bottom on a range when it forms.
I will also look to enter a SHORT term daily position today below 1.70 if similar entry signals occur on the 15/30min charts with a STOP LOSS around 40 pips and a target of 1.71.
Hope you enjoyed this breakdown
GBPAUD indication for long 12th & 15th daily bars formed two bar reversal. 15th August bar is key reversal bar as well made a new low low, broke 12th August bar high, closed towards the high. weekly bar is inside as well. use low risk for long, add more if dip more down i.e 1.7030. stop loss 1.6990, target 1.7360.
Gbpaud restest completeHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:GBPAUD
We can see a market break its strong support in D1.
So we are expecting a strong rise near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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SHORT GBPAUD ✅✅✅Hello traders!
✅ This is my trade on GBPAUD .
Here as I said if price breaks the support zone I will look for a re-test. Expect bearish price action from here as price rejected from resistance + institutional big figure 1.72000.
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GBPAUD ForecastWhile the price is above the above 1.7 , a small reversal is expected.
At least 150 pips or more buy opportunity is expected next week.
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DeGRAM | GBPAUD long opportunityGBPAUD is currently testing a major support zone near the psychological level at 1.7200.
Price action is decelerating while approaching the zone. This is a bullish pressure indication.
We might see a sharp move up.
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GBPAUD possible sell area!!GBPAUD ( 4H ) is in a long-term bearish trend. We have seen strong rejection from the monthly resistance. currently on the 4H price has just broken local support and heading towards the monthly support zone. As a trend continuation, GBPAUD is likely to drop further as the local support has been tested as resistance.
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