Gbpaudanalysis
GBPAUD LONG - Buy Entry - H4 ChartGBPAUD LONG - Buy Entry - H4 Chart
Buy @ Market
Symbol: GBPAUD
Timeframe: H4
Type: BUY
Entry Price: Buy @ Market
PP Y1 - TP - Resistance @ 1.8390 - Yearly Pivot Point
TP - Resistance @ 1.83149
Support @ 1.80098
Support @ 1.77497
GBP/AUD Trying To Make Double Bottom, Long Setup After ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/AUD - SellMonthly:
1. Impulse
2. Complex correction
3. Break of correction with new impulse
Now the price is make correction and is very possible to see 3rd touch of trendline.
If 3rd touch happend with nice bearish candle I will sell.
Weekly:
1. Last week the price close like Doji candle
2. Break of neckline without pullback for test
Expect a little down drop.
How to predict to where the price will drop?
Well if I add fibonacci from the high to the low where 38.20% Fibonacci level will align with the neckline I can understand. 0.00% Fibonacci level align perfectly with lower low in the past from where the price is jump to the upside.
Daily:
1. Impulse
2. Double bottom formation / not completed for now/
Double bottom formation is trend reversal pattern.
4H:
1. Impulse
2. Complex correction
3. Break of correction with new impulse
Now the price is make correction and is very possible to see 3rd touch of trendline.
If 3rd touch happend with nice bearish candle I will sell.
GBP Interest Rate Decision -GBPAUD Trend Up into Mar 17This is my Take on GBPAUD Position as it Trends up Toward 1.88 Target -- 1000 PIPS Move
The Basis of this Strategy is a combination of Fundamental and Technical Analysis
Technical:
Strength/Weakness
Probability Analysis
Multi Timeframe Analysis
Multi Asset Analysis
Correlation Analysis
Seasonal Analysis
Fundamental:
Interest Rate Decision