GBPAUD Analysis H1Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Gbpaudsell
GBPAUD giving a signs to downward 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.
GBPAUD : Short Trade , 4hHello traders, we want to check the GBPAUD chart. The price has broken the ascending channel to the bottom and is currently moving in a downtrend. The price has pulled back to the specified key level and we expect this level to maintain the downward trend and the price will fall to around 1.89000. Good luck.
GBPAUD Resistance Ahead!GBP-AUD is going up now
But a strong horizontal
Resistance is ahead at
Around 1.92014 so after
The price hits the resistance
We are likely to see
A bearish pullback !
GBPAUD expected to drop till trend support 1.8900GBPAUD pair is engaged in an upward trend, with a current trading price of 1.8990. However, it is worth noting that this price has experienced a decline since reaching a high of 1.9970.
As we analyze the market, we anticipate that the price will continue to decrease until it reaches the trend support level of 1.8900.
7 dimension analysis for GBPAUD
A contra trade setup
🕛 TOPDOWN Analysis - A Decade of Consolidation in Yearly Chart
Overview: The yearly market has been locked in a consolidation phase for the past decade. On the monthly chart, an internal bullish structure was established, achieving its target. However, a strong bearish engulfing candle signals a potential reversal. The weekly chart reveals a bullish structure, hinting at the need for a valid low following a substantial doji formation. Deep analysis of price action is essential.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Breakout from Sideways (BoS).
🟢 Swing Move: Corrective, nearly reaching deep OB.
🟢 Inducement: Approximately 78% correction, indicating a deep retracement.
🟢 Pull Back: Strong first correction.
🟢 Internal Structure: OB remains unmitigated.
🟢 Resistance & Trendline Breakout: Already confirmed. Watch out for traps, including extended market and V-shape formations. No breakout or follow-through signals.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal
Double bottom
Consolidation
Rectangle pattern
🟢 CANDLE PATTERNS
Notable Observations:
Long wick candles (2x wick) and hammers at support levels.
Gaps (Novice, Pro, Window) present.
Several classic doji formations.
Open, low, and high prices are crucial; wait for opening.
3️⃣ Volume: Normal volume observed.
4️⃣ Momentum RSI:
🟢 Zone: Super bearish.
🟢 Range: Sideways to bearish with proper confirmation.
🟢 Divergence: Bullish regular 4-candle divergence suggests a potential small correction or upside move.
5️⃣ Volatility Bollinger Bands:
🟢 Walking on the Band: Just finished.
6️⃣ Strength ADX: Bears hold full power.
7️⃣ Sentiment ROC:
GBP is weaker than AUD.
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Bearish
☑️ Current Move: Corrective move, near its conclusion.
✔ Support Resistance Base: CIP.
☑️ Candles Behavior: Reflects characteristics like RSC, Longwicks, Inside, and Momentum.
☑️ FIB Trigger Event: Awaiting.
☑️ Trend Line Breakout: Await confirmation.
☑️ Final Comments: Awaiting the right conditions to sell at two key points.
💡 Decision: Monitor closely for potential selling opportunities.
🚀 Entry: 1.9075
✋ Stop Loss: 1.9160
🎯 Take Profit: 1.8174, 2nd Exit if Internal Structure Changes, 3rd Exit on a trendline breakout or FOMO signal.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 7 days
SUMMARY: The yearly chart illustrates a decade-long consolidation period, while the monthly chart shows a bullish structure that has reached its target but now signals a potential reversal. The weekly chart points to a bullish structure with the need for a valid low after a significant doji formation. Daily analysis suggests a bullish structure with an awaiting retracement. Factors such as volume, momentum, and patterns have been considered. Careful monitoring is advised for potential selling opportunities at two key points, with specific entry, stop-loss, and take-profit levels provided, offering a risk-reward ratio of 1:3.5.
GBPAUD Analysis H1Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
#GBPAUD: 1600+ PIPS SELLING SETUP!! Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker currency mainly because of strong US DOLLAR presence in the market.
Thank you as always ;)
"GBPAUD: Continuing Bearish Momentum"#GBPAUD have been on falling all the month and still showing a bearish momentum, given the patterns recently formed indicating a continuation movement and the atual pattern formation it is also a continuation pattern that indicates a bearish movement in the market. The price it is expected to fall to 1.9086, before anything else we wat for the market to surely confirm the breakout by closing few candles below 1.92290
🔥GBPAUD SELL (1.92000-1.92400)
🟢TP1 - 1.91700
🟢TP2 - 1.91300
🔴SL - 1.92800
GBPAUD Analysis H4Here is my analysis for GBPAUD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Sell GBPAUD?We can observe a downtrend in progress in the GBPAUD pair. The price has broken through the support zone, then retraced into its order block, and subsequently breached the support zone again. My expectations are that the price will continue to decrease and reach 1.94812 .
Possible Re-entry on GBPAUDThis will be the 3rd re-entry on this pair. If the broken support holds as a new found resistance, we just might see some lower lows. Fingers crossed.
#GBPAUD- UPCOMIG MAJOR TREND REVERSAL ;)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
GBPAUD Long Term SELLING Trading IdeaHello Traders
In This Chart GBPAUD HOURLY Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPAUD Sellit seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
GBPAUD on Shorting Pressure! Let's See How it goes? {08/08/2023}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 this pair.
The market is bearish and I don't see this pair will make any new high upto my target profit level.
The black line is the Order block
The Blue line is high and low at the current price.
Trendline is also a blue line consisting of 2 joints on both sides to make the trendline valid.
Sell Limit Order at 1.95503
Stop Loss at 1.95655
Take Profit at 1.90712
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy trading, FX Dollars.
GBPAUD : Short Trade , 1hHello traders, we want to check the GBPAUD chart. After breaking the ascending channel, the price is moving in a downward trend and has pulled back to the specified key level. We expect this level to act as a resistance level and cause the price to fall further. . We expect the price to fall to around 1.93400. Good luck.
GBPAUD Top-down analysis 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.
GBPAUD, Expecting ShortGBPAUD, i am expecting GBPAUD short because of Choch and it is now testing order block which will throw it back down
GBPAUD Long Term SELLING Trading IdeaHello Traders
In This Chart GBPAUD Forex Forecast By FOREX PLANET
today GBPAUD analysis 👆
🟢This Chart includes_ (GBPAUD market update)
🟢What is The Next Opportunity on GBPAUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPAUD, Expecting down MoveGBPAUD, I am expecting 400+ pips move from this level, minimum at least 250+ pips move should be there till latest H1 OB.
GBPAUD : Short Trade , 1hHello traders, we want to check the GBPAUD chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to play the role of a resistance level for us and cause the price to fall. If the price falls, we expect it to fall around the price of 1.88600. Good luck.
GBPAUDThis trade is again in the radar!!
If it gives me a bearish confirmation, I'm shorting the pair.
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
