GBPAUD BuyTrade (My View)Second & Last Trade of The Week!!! A Nice Buy Opportunity... SL $ TP Indicated On Chart!!
Gbpaudlong
GBPAUD, Daily tf, buy the end of retracement
As you can see, we complete the retracement of this recent upwards movement which looks like rising wedge or leading diagonal in elliott wave.
We stopped exactly at 61.8 fibonacci retracement.
I am now going to buy this pair aiming for the potential rally of this pair.
Buy GBPAUD 1.7750
Stop loss 1.7680
Take profit 1.7960 (3R)
Use only 1-2% risk
Good luck
GBPAUD LONG/Come on, get on the train.Buying and targets on the chart
And stop loss as well
And please follow up here because here is constantly updated
GBPAUD facing bullish pressure | 13th Apr 2021GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement . If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 50% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
GBPAUD facing bullish pressure | 13th Apr 2021GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement. If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 50% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
GBPAUD - Buy Entry - D1 ChartGBPAUD - Buy Entry - D1 Chart
Buy @ Current Market
Take Profit @ TP 1 or TP 2
Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance
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GBPAUD 2nd BULLISH Push Towards Resistance LevelAccording to our previous GBPAUD analysis, we have explained our reason behind a huge BULLISH momentum for GBPAUD. We also managed to see a strong BULLISH movement according to our previous analysis. However, the bullish strength did not managed to hit 1.8335 resistance level as anticipated. The high that we managed to see tested the trend resistance and rejected from there. Currently, we managed to see a nice rejection from the trend support level. This gives us an opportunity to long this pair with a target at the resistance level.
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UK Economy Opening Up!GBP has seen a steady push up against AUD since January. At the moment all signs point up. 1.8 has been breached and tested. Break of 1.825 will see price head to 1.85. I will look to change my bias if trendline is broken at support. On a fundamental outlook April 12th will see the beginning of UK coming out of lockdown
GBPAUD Long Analysis Hey traders, here is the analysis for the GBPAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPAUD - Pull & PushI will be monitoring price action around market open to determine whether or not this trade is valid.
I would like to see a slight pullback into the order block before we target the break and re-test liquidity.
Went Long on GBPAUD I am long on GBPAUD.
Price is currently in the Monthly/Weekly Demand zone.
Price has been on a steady uptrend forming higher highs and higher lows.
Price has also been respecting the trend line.
After the sell off price formed a potential reversal candle, and found support at the monthly/weekly demand zone.
GBPAUD nice Short term and Swing tradeEntry can be taken after the market's open at 62% or 70.2% fib retracement level.
GBPAUD WEEKLY FORECASTGBPAUD CURRENTLY IN BOTTOM MOST TRENDLINE AND LOWER SUPPORT ZONE WAIT FOR 4HR TRENLINE BREAKOUT AND THEN GO LONG...
IF IT FAILS TO BREAK THEN GO SHORT.
GBPAUD Long Analysis Hey traders, here is the analysis for the GBPAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
GBPAUD: buy nowPrice retesting an important trendline and making a higher lower. Time to buy and hold till next week for more pips. Make risk properly!
GBPAUD - LONG POSITION (8HR)CONFLUENCES:
- Rejection of 50 EMA
- Rejection of 78% Fib levels
- Break out and retest of the larger pattern
- Spinning top formation signifying a reversal
- Bullish market trend confirmed by EMA crossover
GBPAUD facing bullish pressure, potential for further upside!Price is facing bullish pressure as it continues to hold above the ascending trendline support, and Stochastics has also just reacted at the lower 7.49 support level where it has reacted off before. We could potentially see a bounce and further rise above 1st support, in line with our 61.8% Fibonacci retracement, 100% Fibonacci extension, horizontal overlap support and ascending trendline support, towards 1st resistance, in line with 100% Fibonacci extension and horizontal swing high resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
