Gbpaudlong
GBPAUD Long running 3%. Look at my last forecast of areas i was interested in for GBPAUD. I had two strategies in the one entry which is what I love, The asian sweep and My POI. The Pa could definitely turn here, we dont know where my PA is going. We just enter in high probability areas and protect our capital so we don't lose capital, you can make trading that simple and not over think it. My risk is of the table and I cant lose. I will target equal highs up the top. I would like a sweep of them first. Give us follow and a like for more upcoming forecasts.!!!
Gbpaudgbpaud is trying to create a higher high in HTF (higher time frame) but it showing difficulties because price reject and create a doubble top that means that trade can turn in bearish .
For confluece we have 4 fresh demand zones that are waiting for price to come back.
We can see a tripple top too cuz in this pair GA happen a lot this pattern.
A sell limit order @1.81000 is a good idea if we see rejection at this strong resistance and psychological round number.
GBPAUD approaching 1st support, potential for a bounce!Price is approaching our 1st support, which is in line with our 76.4% Fibonacci retracement, 161.8% Fibonacci extension, and ascending trendline support. We could potentially see a bounce at this level as price continues to hold above the ascending trendline support, and a further push up towards our 1st resistance, which is in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is worth noting that the Stochastic indicator is also approaching the lower support level at 5.64 where it has reacted off before.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish . However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish. However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
GBPAUD: Price Retested Support Level...Now???Today's candle made a nice retest to the support level @1.7960 and rejected off that price level (Refer to H1/H4 timeframe). For now, I am seeing GBPAUD breaking out of 1.7960 level towards the upside. We managed to see a nice rejection off our moving averages followed by a retest to the broken resistance level (1.7960). For now, I will be expecting a BULLISH movement towards 1.8127 minimally with a potential movement back to a strong resistance level @1.8330.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
GBP/AUD Possible 👋 Hello and welcome traders to another trade idea with Fobian
☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅
👉 WE are waiting for conformation:
- RSI is give us signal for BUY.
- EMA's give us BUY signal.
- Trendline is broken.
💡 Why should you follow our profile on TradingView?
Consistent chart updates
Clean charts
Short and long-term perspectives
Visually teaches you valuable lessons
High probability setups
Analysis on a wide range of major markets
SMASH that follow button! 👍
💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you!
Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.