Gbpaudlong
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.
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Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPAUD LONGGBPAUD LONG FX:GBPAUD
Long after a break and retest of previous horizontal support looking for buys tomorrow
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 SCALP LONGSome bullish momentum opening on GA, potential for 1:2 and 1:3 risk to reward ratio trade setups
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 BUY TRADE SETUPBuy If price holds that level 1.80500.
Then Buy Till 1.82000.
This is not financial advice. It is just an idea, Market can opposite direction so please manage the risk.
GBPAUD probabilty for 1.8210 targethigher high and higher low forming on daily bars, 1.8015 & 1.7970 demand zone for buy, target 1.8210
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.
GBP/AUD About to explode on the Daily, Setup looking EminentOANDA:GBPAUD Looking for the Upward movement after a long consolidation
Big Targets Expected
Will update if needed
Buy will activate after the first retest of Breakout on the Daily
Buy on the First Retest of the 200 ma
