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Gbpaudshort

GBP/AUD: Bearish Momentum Takes Over Previously, I posted a bullish idea for GBP/AUD, but price action has since taken a sharp turn to the downside. Now, we’re adapting to the bearish momentum as the market reacts to the changing structure. 📉 Key Observations: Price rejected key resistance around 1.96458 and failed to sustain upward movement. A lower high has formed, signaling bearish intent and a shift in market direction. The focus is now on price heading lower toward the significant support zone at 1.94418. 🎯 Plan: Watching for bearish continuation with possible short opportunities below 1.95244. First target: 1.94418, a critical support level where price may stall or reverse. Stop-loss placement should account for recent resistance levels above 1.95743. 🧠 Psychology Tip: "Adaptability is key in trading." 📌 The market doesn't always align with your initial bias, but reacting to the structure and adjusting your strategy is what separates reactive traders from emotional ones. Stay objective and let the chart guide your decisions.
Short
by CurlyTrader_xo
GBPAUD Bulls on Watch – Key Pullback Zone in Focus!We’re closely monitoring GBPAUD for a potential bullish setup. Here’s the plan: 1️⃣ We’re waiting for price to break above the previous highs around 1.96400 and move into the pink highlighted area. 2️⃣ Once price reaches this region, we’ll wait for a pullback to validate our setup before considering an entry. The pullback will help confirm buyer strength, providing a better risk-to-reward trade setup. Patience is key—we’re not chasing price. Instead, we’ll wait for price to come to us, letting the market validate the setup. Stay tuned as we circle back if price reaches this critical zone." Mindset Tip: "A disciplined trader doesn’t chase opportunities—they let the market come to them. Waiting for confirmation protects your capital and reinforces your edge."
Long
by CurlyTrader_xo
1
GBP/AUD Trend Analysis and Sell OpportunityThe GBP/AUD currency pair is exhibiting a series of lower highs (LHs) and lower lows (LLs), indicative of a bearish trend, which is further supported by a bearish divergence. Additionally, price action is adhering to a well-defined bearish trendline. Currently, the market has formed a significant hidden divergence at the lower high, presenting a favorable selling opportunity. It is essential to prioritize risk management in this setup.
Short
by AnalytixEdgeByQasim
3
GBPAUD Set for a Bearish Move – HTF Daily OB RejectionThe GBPAUD pair has recently respected a higher timeframe (HTF) daily bearish order block, signaling a potential move from internal liquidity to external liquidity. With price having reacted to the daily OB, we could now see a continuation of this bearish momentum, targeting sell-side liquidity on the weekly timeframe around the 1.91242 level. This setup presents a high-probability trade idea in line with market structure.
Short
by INSIDER_INTEL
2
GBPAUD I Waiting for the next impulse moveWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
by BKTradingAcademy
#GBP/AUD 1HThe **GBP/AUD** 1-hour chart is displaying a **channel pattern**, where price is moving between parallel support and resistance levels. This is indicative of a market in a range-bound state, with the price respecting both the upper (resistance) and lower (support) boundaries of the channel. ### Forecast: Sell When Touching Resistance In this scenario, the forecast is to initiate a **sell position** when the price reaches the upper boundary (resistance) of the channel. The key elements to consider for this setup are: 1. **Channel Structure**: The price is consistently oscillating between a well-defined resistance and support zone. The resistance level represents a strong selling zone where price struggles to break through. 2. **Trend and Momentum**: Momentum tends to weaken when the price approaches resistance, leading to reversals back toward the support line. This offers a potential short-selling opportunity. 3. **Risk Management**: A stop-loss order should be placed just above the resistance level in case of a breakout, while profit targets can be set near the lower boundary (support). It’s essential to confirm the sell signal by observing price action near resistance and looking for reversal patterns, such as bearish candlestick formations, or divergences in momentum indicators.
Short
by PIPSFIGHTER
#GBPAUD 1HOn the GBP/AUD 1-hour chart, the price is currently testing a channel resistance level. This resistance is part of a parallel channel where the price has been moving between support and resistance lines. The channel resistance marks an area where sellers typically emerge, halting further upward movement and pushing the price lower. Forecast: Sell A sell opportunity is anticipated as the price approaches the upper boundary of the channel. Traders may consider entering a short position if the price is rejected from this resistance line, with a potential downside move towards the channel's support level. It's crucial to wait for confirmation of rejection at the resistance before executing the trade to avoid false breakouts.
Short
by PIPSFIGHTER
GBPAUD I Potential long from channel bottom and future declineWelcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Long
by BKTradingAcademy
5