Gbpaudlong
GBPAUD Bullish sentimentAs we can see, price has left pockets of liquidity and making highs after last week's price run higher.
We expect Friday's Low to be taken out before price runs higher to continue the bullish trend. We can also see an unmitigated bullish orderblock situated in a Daily Fair Value Gap and just below the 50% fibonacci level on the most recent & impulsive swing high. If price reaches this our point of interest, we will be looking for a buying opportunities.
Enjoy
GBPAUD - LONG IDEA (UPDATE)Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Inverted Head & Shoulders (Market has already retraced after the breakout)
3. Fibbonacci Retracement at golden zone (0.618)
4. Fibbonacci Expansion Take Profit Level is also a major key level.
6. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
7. Monthly Chart Double Bottom
GBPAUD - LONG IDEA Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Inverted Head & Shoulders (Market has already retraced after the breakout)
3. Fibbonacci Retracement at golden zone (0.618)
4. Fibbonacci Expansion Take Profit Level is also a major key level.
6. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
7. Monthly Chart Double Bottom
GBPAUD - LONG IDEA Multiple chart patterns confirmations and chart indicators - Technical Outlook
1. Ascending Triangle
2. Fibbonacci Retracement at golden zone (0.618)
3. Fibbonacci Expansion Take Profit Level is also a major key level.
4. Market Retraced to 15 EMA (used for scalping) - note that I do not have EMA displayed as I'm using a free account.
5. Monthly Chart Double Bottom
GBPAUD 4H TIMEFRAME Welcome to BittuFX - Trading 🎯
GBPAUD 4H TIMEFRAME!
GBPAUD BUY - 1.79920
🎯TP - 1.80130
🎯TP - 1.80427
🎯TP - 1.81120
📈SL - 1.79415
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GBPAUD take off?? I think GBPAUD is about to take off.
Price appear to have formed a bullish flag on the 4hour time frame, and made a break out.
This is looking like a swing trade. If you go take a look at the weekly chart, you will notice that price was in a retracement for the pass 2-3 weeks. Price found support and is now making a push to the upside.
GBPAUD LongOB identified on the 1H chart, buy limits in place in anticipation for push up.
If you disagree or have an alternative view I would love to hear it, discussion helps everyone be a better trader :)
Please like if you found this useful as it helps me out and lets me know if people find it insightful!
GBPAUD Long Price has been consolidating around this area for a few weeks, it is now back up at the channels top. I will now be waiting to see if there is going to be a clean break or it is going to reject again and continue moving sideways. If i see a clean break i will be waiting for a retest then wait for confirmation and go long on this pair.
GBPAUD Forecast!! Looking Great!!!PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The same fractal patterns happen over and over again!! We could get some asian sweeps Monday and Tuesday.