Price has successfully created a new high in the LTF, forming a solid bullish market structure. This is evident in the HTF as well, where the price is rejecting the Monthly RBS and is on its way to the next resistance (supply zone). Avoid chasing the market—only execute if the price reaches the Demand Zone. Let's see how generous the market will be with this...
Price failed to establish a new high and is currently ranging (sideways), likely awaiting high-impact news on GBP in the coming days. There's an opportunity to go long, supported by a Double Bottom CP at HTF and a demand zone (RBR). However, if it fails to create a new high, the trend may continue bearish. Risk your trade accordingly! Disclaimer: This is simply...
OANDA:GBPAUD Peaked out at 2.00406 breaking the 1.99753 of August 2023. Price is currently consolidating within the range of 1.94878 (as upper boundary) and 1.93170 (as the lower boundary). A break on either side could trigger the next phase we might experience in the market. That said, I will prefer to see a continued push to the lower side to sustain the...
The structure is clearly showing an uptrend with a solid formation of HH andHL, failing to create a new L. This indicates a potential buy entry opportunity, supported by confirmations and confluences such as Fibonacci Retracement and SND principles. The target should be the nearest S zone. Avoid being overly greedy with this setup, especially with an upcoming...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
FX:GBPAUD eventually broke out on the up side and is currently attempting a retest of the broken zone. If it holds as a new found support, a buy will be in order. I recommend the reversal patterns be fully formed before taking the position Past results does not guarantee future results, do your due diligence
Hey everyone, FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can...
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Retracement
EVENING, GBPAUD approaching a key level expected price to continue the bearish trend. Wait for price to come to our area and when it reject we can then try to enter. Use accurate stop loss and take profit. Thanks all!!
GBPAUD forming a rounding top movement pattern which is usually related to double top pattern tends to downward. For risky entry sell, set sell limit. For safer entry sell, wait for price build up rejection or reversal pattern such as H&S.
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Rising Wedge as an Corrective Pattern in Short Time Frame and Completed the Breakout of the Lower Trend Line and Making its Retracement. Completed " 1234 " Impulsive Wave. Divergence and Rejection from Fibonacci Level - 50.00% Entry Precautions : Wait until it Completes the Retracement and Rejection
Hello,Traders! GBPAUD is bullish on the weekly and just broke a key level resistance 1.9230 on the daily. We expect a pullback to the previous structure broken, and will be monitoring for a potential long from 1.9188 zone to the target resistance. Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPAUD currently for me in a neutral phase. A break above the 1.90719 and its retest, I will look for a long position while a break below 1.89722 and its retest will indicate a short. Until then, fingers crossed Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past...
GBP-AUD was trading along The rising support line But now we are seeing a Bearish breakout so I am Now bearish biased and I think that pair will go down!
Dear Traders, hopefully you are doing great, we will be approaching major area wait price may reverse big time let's not miss out on this great opportunity. There is gap which needs to be filled if you look into the daily timeframe you will realise that price expected to fill up that area. Good Luck And Trade Safe
Educational Analysis says GBPAUD may go Short according to my technical. This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why long? Because GBPAUD Facing Bear or Short Traders Pressure From this area to go down. This pair has started to make a change of character. So this will be my trade set up to earn 5000 pips on...
GBPAUD, i am expecting GBPAUD short because of Choch and it is now testing order block which will throw it back down
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.