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Gbpaudpattern

GBPAUD 3.5% Drop was expected will it reach Sep low?GBPAUD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Break and retest of Rising wedge pattern 2️⃣Trend reversal due to positive risk sentiment 3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news will influence this pair 4️⃣ Price around 1.82000 psychological level 5️⃣ September high acted as resistance point 6️⃣ October low-Middle correction-minor bullish correction expected 7️⃣ Technical support - bearish 8️⃣1.75000 will acted as key reversal-Bullish 9️⃣ 1.85000 level acted as strong resistance 🔟 Possible swing target-September low #️⃣ Overall bearish trend —————-❇️——————- 📉 Technical bias-H4-Bullish Price is below100,200 Exponential moving average 100,200 Exponential moving average will act as support-Bear Relative strength index - Reached around 55- Still it has some room for the bull MACD -The histogram is fading slowly and about to below signal line, oscillators about to cross Stochastic - Reached 75- overbought condition medium term fall back expected Ichimoku cloud -cloud is still red and Middle line is acting as minor support-Bull Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band expected —————-✳️——————- Key reversal area's 1.85000 psychological level 1.83000 September month high 1.78450October month high 1.80070 50% Fibonacci retracement level 1.80000 Major psychological level 1.81650 Possible entry- Bear 1.74900 September month low/Alternative bullish entry —————-✳️——————- Bearish entry #pound #gbpaud Entry price - 1.81650 Take profit 01 - 1.80000 Take profit 02 - 1.78450 Take profit 03 - 1.74900 🚫 Stop lose 1.82600 ⬇️ 3.72% Growth expected ⤴️ Account growth .51: 3.72 ✅ Risk reward ratio 1 : 7 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
4
GBPAUD under CorrectionHere in GBPAUD, we have a Correction area where it'll keep on retracing this week & for Long term it'll be bullish. The Area of support & Resistance level are mention in this analysis clearly. I HOPE THIS GIVE YOU A BETTER IDEA AS WELL. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPAUD is StremgthemimgHere in GBPAUD, we have buying Level above to support line. Better is to wait until it hits the support line & then go on buying it. There's no sell is mentioned as i'm focusing on buying it only. I HOPE YOU GET ANY IDEA ABOUT GBPAUD AS WELL. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPAUD SWING TRADE 11-OCTOBER-2020Good day traders/investors. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday GBPAUD-Technical/Fundamental analysis ⚡️The price is about to reach the .50 Fibonacci retracement level of recent high and low ⚡️It has trading within a falling channel ⚡️1.81300 level will act as major resistance for the bull ⚡️Swing target would be around 1.79270 ⚡️Price trading around middle of the Bollinger bands ⚡️200 Exponential moving average is acting as decent support for the BULL ⚡️Ichimoku cloud is still shows bullish trend and the Price within the cloud ⚡️RSI is around the neutral level ⚡️Upper side trend line will act as a resistance for the bear and this is our expected entry point ⚡️MACD oscillators are about to cross and the histogram is turned pale red ⚡️In daily timeframe both 50,100 EMA is acting as nice support for the bearish trend ⚡️As the Brexit deadline is approaching the chances for the no deal Brexit is arising and it will negatively impact the GBP pairs SWING TRADE-GBPAUD SELL @ 1.80650 Take profit @ 1.79360 Stop lose @ 1.81340 95 Pips target Don't risk more than 1% of your capital
by forexorbit
GBPAUD LONG setupAlways got to be wary going LONG on the GBP in the current economic climate but from a technical standpoint GBP/AUD looks a reasonable LONG trade from these levels now supported by 2 key trend lines. The channel shown that GBPAUD has been trading in for the last 2 weeks has finally been breached and price could now be supported by the top the channel and the lower rising trend line.My entry is 1.8088 with a STOP at 1.8058 and an initial target of WR1 pivot at 1.8342. No schedule news today to get in the way of this trade though GBP as ever will be at the mercy of supposition and rumour. Looks a decent set up for a 30 pip risk.
Long
by theforexportal