GBPAUD Investment Plan - 30/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect GBPAUD to go Down anytime soon from the blue zone .
We will internally monitor the price action as the wave will progress.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Gbpaudprediction
GBPAUD top-down analysisHello 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.
GBPAUD top-down analysisHello 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.
20 Reasons for sell GBPAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yaely time Frame this is a current bearish solid trend even from 2002 to 2020. the massive volume also included in the selling side, according to the big picture, no chance for a reversal already best-ranging market
2 📆Monthly: another established bear trend proper higher lows current market is in a correction phase
3 📅Weekly: correction phase, prices make a halt and trigger event, now prices are ready to go down for fill weekly FVG
4 🕛Daily: after making two higher lows and prices corrected themselves, filling taping the previous OB and taping can go down 90% chance
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bear
6: 2 Pattern Candle Chart: double rejections with proper momentum candles before it a key reversal
7: 3 Volume: high volume at the top
8: 4 Momentum UNCONVENTIONAL Rsi: resisstence at 60 level
9: 5 Volatility measure Bollinger bands: full squeeze with a head-fake type formation
10: 6 Strength ADX: bear are just begun gaining strength
11: 7 Sentiment ROC: GBP is weaker than AUD
✔️ Entry Time Frame: H4
12: Entry TF Structure: clean bear
13: entry move: wait till correction
14: Support resistance base: previous ob and fvg
15: FIB: Nill
☑️ final comments: sell at correction
16: 💡decision: sell
17: 🚀Entry: 1.7900
18: ✋Stop losel:1.7950
19: 🎯Take profit: 1.7311
20: 😊Risk to reward Ratio:1:13
🕛 Excepted Duration : 3 days
GBPAUD possible short for 1.758017th October daily key reversal bar made a new high closed off the low. 18th October daily insurance bar indication for further weakness ahead. 31st October again formed daily key reversal bar made a new high closed on the low. 1.8055-8130 supply zone for short, stop loss: 1.9160, Initial target 1.7830, & 1.7750, longer term bearish target 1.7570.
DeGRAM | GBPAUD short opportunityGBPAUD is moving in a descending channel.
Price action is testing a resistance zone and we can see rejection candles.
We expect a move down and a retest of the support level.
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DeGRAM | GBPAUD short opportunityGBPAUD broke and closed below a strong support level at 1.7500, which became a resistance.
If the price returns to it, we can look for a selling opportunity.
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GBPAUD CRUSHGA create adam & eve pattern in monthly timeframe. and retest the breakdown. and it will falling knife!
Remember, there is no place for luck in trading - only self strategy!
This analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions.
For best result in trading follow these rules for best result!
1. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
2. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
3. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
5. AND MUST CHECK THE DIVERGENCE.
GBPAUD will crush soon!U.K inflation is very high!
it was expected overall as the global economy is not performing good at all and Europe is facing also the energy crisis. Inflation created from the covid pandemic and now rush invasion to Ukraine!
The Inflation data today showed not to be so good and the price is still increasing! So, Pound should be nutrual; and tomorrow will publish AUD employment data. So, if AUD data will positive than surely my anticipation will work!
Who’re new in trading pls follow these 6 rules for trading success!
1. SEE THE FUNDAMENTAL FACTOR.
2. WHAT IS THE OVERALL TREND? PRICE ACTION WILL GIVE YOU CLUE!
3. IS PRICE AT A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
4. IS PRICE APPROACHING A LEVEL OF SUPPLY OR DEMAND (SUPPORT OR RESISTANCE)?
5. ARE YOU TRADING WITH THE TREND OR AGAINST THE TREND (MAKE SURE YOU ONLY TRADE AGAINST THE TREND ON THE 4HR TIME-FRAME AND ABOVE.
6. AND MUST CHECK THE DIVERGENCE.
Remember, there is no place for luck in trading - only strategy!
Good Luck!