gbpaud4H TF GBPAUD is showing us that it could be a potential BUY
why i say so: long rejection candle.
bullish engulfing candle.
currently at a zone and trendling
Gbpaudbuy
Falling Wedge Variant (AUDGBP)Long opportunity AUDDBP, falling wedge variant on sight!
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GBPAUD LONG id like to see price retest the Weekly uptrend around 1.95. if respected with bullish rejection, followed by engulfing candle, i expect this pair to continue to the upside to create a higher high.
100D EMA asking as support on weekly trend line too
if pair breaks trend line, retests and rejects - Trade invalid.
GBPAUD - INTRADAY - 09. APR. 2020Welcome to our daily trade setup ( GBPAUD )!
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1 HOUR
Reaction from 1.98500 support zone
4 HOUR
Bearish market in a pullback right now, good long entries.
OVERALL
Market slowed down, expecting some bullish pressure now.
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FOREX INTRADAY
BUY GBPAUD
ENTRY LEVEL @ 1.99570
SL @ 1.98680
TP @ 2.00870
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
$GBPAUD what’s up after the correction
The pair now is testing the 4H Up trend as Strong support , we should not forget that the red line for us is an SL for who’s gonna open Buy position , but the 1D trend is still a little far as a Principal support , for now in our vision , the pair is still in a positif way , Specially that we know that the GBP is one of the strongest devices .
Any Fake break will boost price bounce up.
GBPAUD bounced from support, potential for a further rise!
GBPAUD bounced off 1.99336 where it could potentially rise further to 2.05737.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPAUD LONG longs from pink box zone given await rejection then enter, if it doesn't reject this trade set up is then invalid
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is still stuck in consolidation. I believe we're going to be seeing some very move moves soon. We have to be extra cautious because we could see fake outs, but right now nothing for us yet. Like I said GA is just stuck in consolidation right now and we need to let it play out! Patience will be absolutely key!
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
GBPAUD is pushing down a bit, but I’m not fully convinced we’re heading to the downside just yet. You have to keep in mind that 2.000 is a strong psychological key level that we have been floating around for some time. I believe that we will see a few more rejections off 2.000 before heading lower. I’m also not weighing out the possibility that we could start climbing back to the upside. Keeping a very close eye on this pair for the time being.
GBPAUD - FOREX - 23. MAR. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish break towards our support zone and price change area.
4 HOUR
Slow market running sideways looking for a bullish push
DAILY
Overall bullish market in a pullback, great short entries and price action.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.99210
SL @ 1.94600
TP @ 2.08500
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD Patience will reward! My trading planPrice did not break the important level 2.0. My scenario assumes a further breakthrough of this level to goal 2.3 - 2.4. I will buy only after the price fixes above level 2.0 Now a rollback is possible, and it is absolutely impossible to predict its size
GBPAUD : LONG TRADE SETUP 500 PIPS( LONG TERM/SWING TRADE SETUP)Early hours of sunday,we see ga created a huge spike to the upside which reversed sharply and created a nice opportunity for a short. At the moment, ga is on a pullback phase which is currently holding the resistance zone at 1.9 level( now support, as price broke it and retested).
I expect ga to go higher from here, towards 2.04 level but we would see what price does at the 61.80 and 50% level. Price might take a while before hitting the final TP at 23% fib level
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
GBPAUD PositionAs the expected price will bounce due to fud in the market sill use 2-5% of your portfolio
GBPAUD potential bounce!
GBPAUD expected to reverse up to 1st support at 1.94968 where it could potentially react and bounce to its resistance at 1st resistance at 1.95581.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
