GBPAUD - Look for Continuation Long (SWING) 1:3!Price has successfully created a new high in the LTF, forming a solid bullish market structure. This is evident in the HTF as well, where the price is rejecting the Monthly RBS and is on its way to the next resistance (supply zone).
Avoid chasing the market—only execute if the price reaches the Demand Zone. Let's see how generous the market will be with this pair.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Gbpaudanalysis
GBPAUD Bank Money Heist Plan on Bullish SideMy Dear Robbers / Money Makers & Newbies,
This is our master plan to Heist GBP/AUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBPAUD - Look for Reversal Long (INTRADAY) 1:3.5!Price failed to establish a new high and is currently ranging (sideways), likely awaiting high-impact news on GBP in the coming days. There's an opportunity to go long, supported by a Double Bottom CP at HTF and a demand zone (RBR). However, if it fails to create a new high, the trend may continue bearish.
Risk your trade accordingly!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPAUDOANDA:GBPAUD Peaked out at 2.00406 breaking the 1.99753 of August 2023. Price is currently consolidating within the range of 1.94878 (as upper boundary) and 1.93170 (as the lower boundary). A break on either side could trigger the next phase we might experience in the market.
That said, I will prefer to see a continued push to the lower side to sustain the already forming down trend. Until we see a breakout for sure we wait for what the market will tell us.
LONG GBP/AUD from 1.9320If you draw Fibonacci levels from the low of March 2013 to the high of August 2015 then you will see the price of GBP/AUD is bang on the 61.8 Fib level.
This level coincides with WS1 - weekly Pivot Support S1.
These levels should act as formidable support for GBP/AUD.
The previous candle to the current one closed as a pinbar running through both these levels.
This too is a BULLISH sign and coming as it does on these support levels then this is more evidence that prices may rise.
Added to that, we can see that this level has been supported for the last week and a half and numerous attempts have been made by GBP/AUD BEARS to push the price past 1.9320 without success.
In fatc there are approximately 13 touches of this support level going back to 7th August and the price has moved away on each occasion.
IT has to be pointed out though that every time the price has moved away., GBP/UAD BEARS have pushed the price back down again and its likely they will do so again.
As we can get a very tight STOP on LONG trades at 1.9304 this means the risk/reward on GBP/AUD LONGS is highly favourable should the BEARS decide to capitulate.
We have no confirming LONG trade signal on the Andean Oscillator on H1 with has the green BUY line reading zero but we do that a signal on M30 and lower time frames.
MACD on M15 has crossed over under the zero line and is heading north which is good.
I'm not overly confident on this trade but as previously mentioned, the Risk/Reward is high as the WP Mid Pivot is a potential initial target at 1.9410 and if that level of resistance breaks then WR1 at 1.95 is possible but first of all we need to see the price 1.9335 which would confirm that LONG trades would have a chance.
GBPAUD - Long active !! Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block. As well we have hidden divergence on daily and regular divergence on H4.
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gbpaud analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD ShortThis currency has been forming a rising flag for the past few days, which IMO is a strong indicator for a bullish momentum.
Considering that it has retested the upper trend line, I do anticipate that this price might continue with the bearish momentum, testing the lower trendline.
Entry price at 1.932, TP at 1.897 and SL at 1.958
GBPAUD shortsI believe that GBPAUD is due for sells today. Here is why;
Ever since hitting the 2.0000 psychological level, we see that price has rejected the area with a lot of sell orders.
There has been a lower low formed on the daily timeframe, which indicates price will go lower for the foreseeable future.
Moreover, there is a lower low formed on the 4h timeframe which shows me that price will continue going lower.
I am currently in a short trade. I am expecting price to collect orders at 1.9370, where I will sell again.
My targets are 1.9300
GBPAUD | Short D1 | Market Exec |Technical Confluences for Trade:
- Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames
- Price action is close to a Supply Zone
- Price action is close to multiple Resistance Trendlines
Suggested Trade:
Entry @ Area of Interest 1.9270 - 1.9380
SL @ 1.9503
TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level once TP1 is achieved)
TP 2 @ 1.8745
Risk-to-Reward @ Approx. 2.87 (Depending on Entry Level)
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GBPAUD - Look for Continuation Long (SCALP) 1:3!The structure is clearly showing an uptrend with a solid formation of HH andHL, failing to create a new L. This indicates a potential buy entry opportunity, supported by confirmations and confluences such as Fibonacci Retracement and SND principles.
The target should be the nearest S zone. Avoid being overly greedy with this setup, especially with an upcoming high-impact GBP news event.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
SELLING GBP/AUD from 1.9771Last Thursday's daily candle on GBP/USD (25th July) closed with a nice long tailed pinbar.
Becuase of this and becuase the RSI on D1 closed at 83.42 , I've been keeping my on this pair in anticipation of a move south.
The next 4 daily candles were all doji indecision candles and with the RSI moving to 79.45, then GBP/AUD looked ready for a move south.
However.
Its imperative that if you have a trade planned and you intend to hold the trade overnight then you MUST check for news.
This morning at 02:00 UK time, the CPI numbers were released and though the CPI q/q and CPI y/y met target, the Trimmed Mean CPI missed coming in 0.8% against 1.0% expected.
This was sufficient for the AUD to sell off aggresively and GBP/AUD was sent 151 pips higher.
A look on the H4 time frame and you can see that the previous 2 H4 candles form a pincer/double op and the current H4 candle is BEARISH.
This looks a good opportunity for SHORT trades.
The ANdean Oscillator on H4 is rising from zero as the green BUY line crosses the signal line.
These are BEARISH signs.
RSI is declining.
MACD has yet to catch up on H4 but on M30 the fast MA has crossed the slow MA and on H1 the 2 MA's are moving together and edging south.
All the signs are that this pair is moving lower and with AUD/USD turning BULLISH then I think this trade has a good chance.
Target is open but the band of support at 1.9620 area looks a potential target although tomorrow BOE Monetary Policy and MPC Bank Rate makes all technical analysis redundant.
GBPAUD – 2 touches … the week of 22 July, 2024Once again, this pair is moving sideways between 1.9320 and 1.8910. Two touches on either side defines a valid range that can be traded and I will set a pending short trade near the top with target near the bottom of the range. I just want to capture about 75% of the down move if it happens.
This is not a trade recommendation, it is just my analysis.
You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management if/when you trade.
If you like my idea, please give a “boost” and follow me to get even more.
Please comment and share your thoughts too!!
gbpaud analysis elliot. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD Bank Bullish Robbery plan To make moneyMy Dear Robbers / Traders,
This is our master plan to Heist GBPAUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 3h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBP/AUD Giving Amazing Bearish P.A , Short Setup Valid !This 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 Fully Closed +250 Pips 0 Drawdown , New Entry Valid !This 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.
GBPAUD I Short from resistance zone followed by more growthWelcome back! Let me know your thoughts in the comments!
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