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Gbpaudforecast

GBPAUD – the completion of 2/B wave in the range of 1.7934We had little time to get the general trend in the daily chart, but in the 240-minutes chart, it was totally clear that a trend which has started in the range of 1.7469 has ended in the range of 1.8527, that is in the format of 5 waves. Also, the corrective movement is in the form of 3 simple waves that have completed in the range of 1.7934. Given these conditions, we should have an upward movement of 5 more waves, which the targets are 1.8307 to 1.8507. The main confirmation for this uptrend is when the price crossing the range of 1.8218, on the contrary, the range of 1.7934 will violate this analysis
Long
by NirmataFX
GBPAUD 3.5% Drop was expected will it reach Sep low?GBPAUD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Break and retest of Rising wedge pattern 2️⃣Trend reversal due to positive risk sentiment 3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news will influence this pair 4️⃣ Price around 1.82000 psychological level 5️⃣ September high acted as resistance point 6️⃣ October low-Middle correction-minor bullish correction expected 7️⃣ Technical support - bearish 8️⃣1.75000 will acted as key reversal-Bullish 9️⃣ 1.85000 level acted as strong resistance 🔟 Possible swing target-September low #️⃣ Overall bearish trend —————-❇️——————- 📉 Technical bias-H4-Bullish Price is below100,200 Exponential moving average 100,200 Exponential moving average will act as support-Bear Relative strength index - Reached around 55- Still it has some room for the bull MACD -The histogram is fading slowly and about to below signal line, oscillators about to cross Stochastic - Reached 75- overbought condition medium term fall back expected Ichimoku cloud -cloud is still red and Middle line is acting as minor support-Bull Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band expected —————-✳️——————- Key reversal area's 1.85000 psychological level 1.83000 September month high 1.78450October month high 1.80070 50% Fibonacci retracement level 1.80000 Major psychological level 1.81650 Possible entry- Bear 1.74900 September month low/Alternative bullish entry —————-✳️——————- Bearish entry #pound #gbpaud Entry price - 1.81650 Take profit 01 - 1.80000 Take profit 02 - 1.78450 Take profit 03 - 1.74900 🚫 Stop lose 1.82600 ⬇️ 3.72% Growth expected ⤴️ Account growth .51: 3.72 ✅ Risk reward ratio 1 : 7 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
4
GBPAUD under CorrectionHere in GBPAUD, we have a Correction area where it'll keep on retracing this week & for Long term it'll be bullish. The Area of support & Resistance level are mention in this analysis clearly. I HOPE THIS GIVE YOU A BETTER IDEA AS WELL. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBP/AUD could PUMP soon!Hey tradomaniacs, looking at GBP/AUD it looks like we could see a PUMP soon if market continues the climb within the current trendchannel andb reaks above the daily key-resistance-zone. As always, this pair is very risky to trade as POUND is volatile due to Brexit-Talks. Cross-Pairs are hard to predict due to the current Corona-Topic and its volatility in the market. If you want to buy this pair, wait for the break above the key-resistance-zone to get a confirmation. DAILY-CHART showing a nice previous fake-out to the downside which is showing big players doing their business with stop-loss-fishing. I personally don`t like to trade this pair and post this as inspiration for the GBP/AUD-Fans. :-) LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
GBPAUD: ForecastGA looks to be creating a head and shoulder pattern, also in the purple rectangle is a 3 line strike pattern indicating trend reversal. Price reached the psychological level 1.85000 and turned around immediately. Also to add to my sell bias the last 4 4hr candlesticks has thrown wicks to the upside where there is a pivot point so this could very well be a sell signal, especially considering it looks to be the start of the head and shoulder pattern. From here i'm expecting price to fall to 1.81000
Short
by lobfxempire
GBPAUD is StremgthemimgHere in GBPAUD, we have buying Level above to support line. Better is to wait until it hits the support line & then go on buying it. There's no sell is mentioned as i'm focusing on buying it only. I HOPE YOU GET ANY IDEA ABOUT GBPAUD AS WELL. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPAUD H1 LONG PRICE ACTION FORECAST -UPDATE-Price pullback to the ascending trendline for a deeper correction than expected, however now that is testing the trendline, it continues to show some bullish momentum. This price structure allows a new long entry with a better risk to reward ratio. The order: Type: buy-stop S/L: 33 pips - R:R | 1:3 - T/P: resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
GBPAUD H1 LONG PRICE ACTION FORECAST Bullish momentum is present in the pair, a golden-cross with the EMA supported by the 200MA sloping up for confirmation of the remaining upward impulse that supports the price structure. It allows the entry at the previous supply zone, expecting price action to retest that area before upward continuation. The order: Type: buy-stop S/L: 33 pips - R:R | 1:2 - T/P: previous resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
2