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Gbpaudprediction

GBP/AUD - SellMonthly: 1. Impulse 2. Complex correction 3. Break of correction with new impulse Now the price is make correction and is very possible to see 3rd touch of trendline. If 3rd touch happend with nice bearish candle I will sell. Weekly: 1. Last week the price close like Doji candle 2. Break of neckline without pullback for test Expect a little down drop. How to predict to where the price will drop? Well if I add fibonacci from the high to the low where 38.20% Fibonacci level will align with the neckline I can understand. 0.00% Fibonacci level align perfectly with lower low in the past from where the price is jump to the upside. Daily: 1. Impulse 2. Double bottom formation / not completed for now/ Double bottom formation is trend reversal pattern. 4H: 1. Impulse 2. Complex correction 3. Break of correction with new impulse Now the price is make correction and is very possible to see 3rd touch of trendline. If 3rd touch happend with nice bearish candle I will sell.
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by Trader_Petrov
GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/AUD TREND ANALYSIS We have 2 Downtrend in red color (Long Term and Internal Trend) We have 1Uptrend in green color (Long term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham
1
GBPAUD Long Term Predictions (4H Chart)Technical Analysis Summary GBP/AUD TREND ANALYSIS We have 1 Downtrend in red color (Internal) We have 2 Uptrend in green color (Internal Uptrend and long term uptrend) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). The Yellow SUPPORT and RESISTANCE Levels are levels already tested and are not an entry level I added it only for explanation purposes to show my strategy. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
by husseindergham