GBPAUD- Buy Long Tripple Bottom Formation based on prAfter testing the previous support 2 times before and retracing, Likely to continue up into a long buy. The entry point for a long as GBP is getting stronger.
Gbpaudlong
GBPAUD LONGList of confluences:
1: Double Bottom
2: Trendline Breakout
3: Change in market structure.
Risk Reward: 14.42 to 1
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
GbpAud_Swing_H41. H4 ICT Breaker
2. M15 BOS (Break of Structure)/BMS (Break of Market Structure)
Potential TP Zones:
TP1. 1.8300
TP2. 1.9100
GBPAUD (LONG) 🔥🔥🔥This is for reentry for the continuation of the W pattern which is the double bottom formation.
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck
GBPAUD- BUY Continuation of LongGBPAUD has been on an uptrend and after reaching a key level has retested and reset the buying pressure. Likely to continue with the uptrend and SL risk is small.
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
GBPAUD H4 TradeWe are Expecting to buy GBPAUD from this H4 Demand 1.79039 to Supply 1.81882 after Confirmation, We are expecting big buy till the Weekly Zone 1.89913 Stay Connected for more updates.
GBPAUD Weekly OutlookIn Weekly TF it has Bullish trend, Pull from Demand Level 1.77297 as it was Retested and Weak area, we have use Confirmation and we are Expecting it Buy till the Weekly Supply Level 1.89913.
GBP AUD - Why i am looking to Buy?#GBPAUD Analysis for the week.
From the Weekly timeframe, Price has gotten to the Demand Zone that broke structure on the left which requires that we start looking to buy GBPAUD to the red target line
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#forex #fxtrader #Cordfx
GBPAUDHere we go
Arrow point to our target
Red line if found means our stop ,,
If there’s not red line ,
so mostly I’ve drawn support or resistance level ,
So our stop will be close beyond that level …
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Thanks in advance.
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Gbpaud daily buy zone wait for aproch buy zone Gbpaud daily buy zone wait for aproch buy zone i m expecting bullish move from demand zone are you ready
GBPAUD - 30MGBPAUD - 30M
Price has finally broken the 1.8400 daily support where it was showing a very strong resistence, giving us a nice break with a new LL formation leading us to a perfect TP 2 yesterday, but today it seems like it is respecting the previous bearish structure forming a new one right below it so if we zee a break of the inner structure (red zone) i would like to short it again , also this structure lines up with a descencing TL and 38% fib lets see how price reacts in the following hours
GBPAUD Correction to go LONGGBPAUD has broken its previous Resistance level and now a Correction downwards could be seen for Continuing UPWARD Move ...
So look for Opportunities to BUY from DIPS near Down Support.
GBPAUD BUYIf you think my analyzes are successful and meaningful, please contribute by commenting and liking.
Long GBPAUDPrice has rejected from the ascending trendline twice (1,2 follow through ;) ) and is currently sitting on that same trendline. Also, price is inside the previous market structure low zone and Stoch is oversold in the 1hr and 4hr timeframe.
GBPAUD Possible Pullback (LONG)Pound saw weakness last week due to rising tensions in the world. This week will be much risk on so the pound will gain some strength. What I see on the chart is an over extension of GBP to the downside and I would check the price action in the marked area for a possible pullback to go long. Best of luck
GBPAUD SHORT BUY OPPORTUNITYTechnical Analysis
On the 4HR to the downside we experienced a shallow retracement and price appears to have stalled at the 1.27 and 1.18 level. Anticipating potential retracement to 1.888X to 1.894X area before a potential continuation to the downside.
Fundamental Analysis
Australian Dollar has weakened as a result of Russia invading Ukraine. Australian wages grew less than anticpated, coming in at 2.3% rather than 3%. There is uncertainty as to the direction of the monetary policy. The RBA's minutes were released from the last meeting and the Board wasn't yet convinced that the acceleration in inflation would be sustained and wanted to see wages respond before lifting rates.
Last Chance Saloon to Buy on GBPAUD?GBPAUD broke through my supportive trendline that connected the previous two higher lows together. Today we are trading below these levels but sitting at the last point I would consider buying before the trend has lost any steam, the 61.8% fib level. Let's see can we take advantage of this high risk to reward ratio!
GBPAUD long term support zone broken ..GBPAUD long term trend and major level support zone broken, now waiting for price retest for making a short order.
If the price move exactly like this , we can make 150 + pips.
GBPAUD TO BREAK BELOW SUPPORT?Price is currently trading around 1.87800, testing the key support area on the 4-hour time frame.
Recent price action shows lower highs coming into the key area.
If price cracks below this level, I'll be looking for short opportunities to continue this trend to the downside.
GBPAUD LongTrade 6
Buy @ 1.90500
Buy limit @ 1.902
Risk Reward (Buy) : 1:3.3
Risk Reward (Buy limit ) : 1:3
Risked : 0.25 % + 0.25% = 0.5% of Balance
Expected Result : .75 % + .82% = 1.57%
