Gbpaudforecast
GBPAUD Investment Plan - 30/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect GBPAUD to go Down anytime soon from the blue zone .
We will internally monitor the price action as the wave will progress.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPAUDThe 1.75091 resistance level on GBPAUD has been a solid zone so far, as it has withheld series of price spikes and test but I see a break of the zone this coming week after price closed within the zone last Friday.
We look for buy opportunities around the zone for an 100pips buy up to 1.76000.
Trade safely guys!
GBPAUD GBPAUD just made a third touch attempt on 1.75056 resistance area so let’s see how it pans out from here! Would’ve entered for a sell but GBP CPi data news comes up tomorrow morning by 8am so we have to be careful but right now it seems technical is kinda aligning with fundamentals.
We will enter the market once we see a bearish confirmation price action!
As always, we react to what we see in the market!
Trade safely guys.
GBPAUD Trading Plan - 8/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect GBPAUD to go Up after testing OB + Gap.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPAUDGA bounced off the demand zone of 1.73410 last week although i won't be surprised if price comes back there to form a double bottom on 4HR timeframe for a proper testing of the zone before the major move upwards to 1.74919 (TP 1) and 1.76357 which will be my final TP and also happens to be 50% FIB level.
The overall trend on GBPAUD is sell so the buy i'm taking is a retracement move which happens to be a short buy.
The weekly candlestick closed with bearish engulfing and as we all know that engulfing bar rule states that the next candlestick often gets to the 50% level of the previous candlestick hence why we taking the short buy.
GBPAUD possible short for 1.758017th October daily key reversal bar made a new high closed off the low. 18th October daily insurance bar indication for further weakness ahead. 31st October again formed daily key reversal bar made a new high closed on the low. 1.8055-8130 supply zone for short, stop loss: 1.9160, Initial target 1.7830, & 1.7750, longer term bearish target 1.7570.
GBPAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.