Gbpaudsetup
GBP/AUD Technical Analysis.Currently, GBP/AUD is trading at 1.7977. The pair may start a new down trend if it breaks the neck line at 1.7825. Previously, the pair was trading in a down trend and after touching support level started consolidating in the resistance and support levels. The pair may start a new down trend if it breaks the neckline, then its first target price will be at 1.7650 and second target price will be at 1.7474.
Follow a proper risk management strategy to avoid unnecessary losses and to increase profitibality, don't risk more than 2% of your capital on each trade.
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Rishikesh Lilawat
GBPAUD - BUYThis pair continued to push further down before being rejected at support, now we are looking for buys
GBPAUD - BUY ON BREAKOUTPrice will shoot up to the green area, it just needs to break out of consolidation
GBPAUD BUY SETUPHello Traders!
Welcome to another analysis of GBPAUD.
Price is showing some rejection at the current support level. There is a demand area there Signalling a possibility of a long setup for the bulls in the market.
Market-BUY: 1.82200
Stop-Loss: 1.81500
Target: 1.85400
Stop-Loss: 70 pips
Risk: 1%
Risk-Reward: 4.57
What do you think?
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GBP/AUD Technical Analysis.Currently, GBP/AUD is trading at 1.8206. The pair is in down trend from 6th April and now consolidating in the wedges. The pair may start a new up trend it breaks the resistance level at 1.8344, then its first target will be at 1.8768 and second target will be at 1.9030.
Do follow us for future Forex trend analysis.
Thank you,
Rishikesh Lilawat
GBPAUDDaily we see a clear engulfing candle meaning Buyers are int he market now and ready for price to push up
4Hr the market make a major support and rejected it several times before breaking previous High which was resistance
Now we look to enter on HL along with the Buyers
GBPAUD trade setupbearish BAT pattern and bearish deep crab together. I made a cluster zone for both.
GBPAUDFound a support rejecting multiple time
Also make a double bottom
We look to buy , wait till daily candle end for confirmation
GBPAUD 300 pips confirm tradeAs our last week analysis was hit and we managed to take alot of pips our next target will be 1.87621 that is approximately 300 pips
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GBPAUD downfall of 900 pips coming We can see the correction of GBPAUD another way we could see it is the buy trend is just a tail on the monthly candle
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GBPAUD DAILY HIDDEN BULLISH DIVERGENCEGA has an ascending support trendline coming in for a retest with a big bullish hidden divergence backing it up. Looking for strength via your preferred methods before attempting any long positions is recommended and paramount to risk management. don't try catch a falling knife etc.
Highly recommend all risk be cut in 50% due to global factors which simply cannot be accounted for.
