Gbpaudsetup
GBPAUD SELL IDEAHi Traders,
On the following confluences I like to Sell this pair.
1. Down trend.
2. Key Level (S/R zone)
3. Supply Zone
4. Bearish Pin Bar as price rejection and downward signal.
Good Luck
GBPAUD Set To Enjoy Massive Bull RunCompliments of the season traders! <3
Here is a long-term GBPAUD chart to start the new trading year.
GBPAUD started a corrective phase after a five-wave massive decline. In this analysis, I focus on the corrective pattern that's unfolding from September low.
Price seems to be making a possible 3-3-5 flat corrective pattern on the daily chart. If this count is correct, a rally back to at least wave (a) high to complete wave (c) is plausible in the months ahead.
Price has made a double failure swing reversal pattern, I love to see it. The breach of the 1.79304 green line will actually confirm the anticipated rally has started. In the short-term, we can use the closer green level (1.77955) for aggressive entry. The breach of red level (1.75931) will invalidate the setup.
What's your view on GBPAUD? Let me know in the comment.
I wish y'all a favorable and profitable trading year!
Best,
Veejahbee.
GBPAUDGBPAUD ANALYSIS
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Idea is not the financial advice!
GBP/AUD: long trade setupHi ,
- when 1.8320 breached, move the stop into the money (i.e. 1.8195)
- be patient as this is positional trade
- further questions?! contact me
good luck !
GBPAUD Short ideiaWe have 5 confluences on the graph:
1- Falling trend.
2- Respected the trendline.
3- Level 61.80% of FIB respected.
4- Respected the resistance in the candles of 1h, forming a bearish candle.
5- Head and shoulders
So with all this confluences, I can short with a 1 to 5 risk reward.
I enter in the 15min chart at 1.81540
GBPAUD, 4hr tf, SHS pattern to materializeHello my friends,
On Monday, I got 5 positions hit SL again consecutively so i took 3 days off from trading to calm my mind.
It is very important to calm your mind instead of doing revenge trade and get more losses.
Today, i found a nice setup on GBPAUD.
There is a SHS pattern formed and i think price already broken below the neckline on lower time frame.
This necklne also located near the horizontal level which i have marked, so this support now become a resistance and an area of confluences as well.
Also if i do a wave count using Elliott Wave, we are now on wave-5 to the downside so sell positions will be favorable.
Sell GBPAUD 1.8175
Stop loss 1.8230
Take profit 1.7980 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
GBPAUD, 4hr tf, sell trendline breakHello my friends,
Another trade setup coming for you, it's GBPAUD sell setup.
If you find this post useful, please give me a like and follow me for the next update.
As you can see recently GBPAUD tried to trade back above 1.8140 resistance but seems like it was short lived.
Today priced drop again below it and breaking the ascending trend line.
We could see price continue south to around 1.7970 support once again.
Entering sell now will only provide us with 1:1 trade setup so i am gonna wait for a lil bit retracement to around 1.8120 and enter sell there.
Sell limit GBPAUD 1.8120
Stop loss 1.8170
Take profit 1.7970 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
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
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Push the like button , And cheer up if you found useful
GBPAUD SELL; An other in a series of "devastating" SHORTs!This does not look like it is going up in the foreseeable future.
Here is the Daily chart...
... w. one possible scenario.
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.
GBPAUDOnce again, market will always leave clues as to what it wants to do, I do not predict the market but my bias would be for a sell position seeing the price action clues however before taking a position, I will wait for price to break through some of the identified zones.
Kindly like and follow for more, thanks
Past results does not Guarantee Future Results, do your due diligence.
Trade Rules:
Use proper risk management
When the trade is taken, once in 20 pips profit, breakeven and protect your capital
As trade moves, look for fresh entries in line with the position taken
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.
GBPAUD - Full Analysis BreakdownWelcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPAUD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPAUD trade setupsome harmonic work. and also must be careful about trend line.there can be a second short chance
GBPAUD: AnalysisPrice is on the rise at the moment, i'm waiting to see if price will create a double top and fall back down to the pivot point, if so from there price will rise to the resistance line. Price could also engulf the last high right now at 1.83325 and keep rising to the resistance line. Also to support the bearish movement price closed under the sar and has not closed under it yet again, so i'm waiting for a pull back to happen soon!
GBPAUD - UPDATE & NEW FORECASTWelcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPAUD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPAUD: AnalysisPrice is about to test a very respected key zone again, which every time it has reached the zone price wasn't strong enough to hold over. The only way i would consider buying is if price engulfs over the other highs i've circled and closes. As of now i'm leaning towards selling after price makes its way up to the key zone and starts retracing down to 1.80000.
Any feedback would be appreciated!
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
