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.
Gbpaudshort
gbpaud sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD Short BearishGBPAUD Short Bearish
Take 1% of your account
The GBPAUD short bearish idea is supported by two key technical indicators: Dow breakdown and bearish divergence.
Dow Breakdown: The GBP/AUD currency pair has experienced a breakdown based on the DOW theory, which suggests that price movements in one market can influence price movements in another market. A breakdown in the DOW can potentially impact the GBP/AUD pair, indicating a shift in momentum in favor of the bears.
Bearish Divergence: In addition to the Dow breakdown, there is a presence of bearish divergence in the price action. This occurs when the price makes higher highs, but the corresponding indicator (such as RSI or MACD) makes lower highs. It indicates that the buying pressure is weakening, and a bearish reversal might be on the horizon.
Combining these two technical signals, traders might consider taking a short position on the GBP/AUD currency pair, anticipating further downward movement in the exchange rate. However, it is essential to perform further analysis and risk management before executing any trades. Traders should also be aware of potential risks, such as unforeseen market events or changes in economic fundamentals that could impact the currency pair's direction. As with any trading idea, it is crucial to consider your own trading strategy and risk tolerance before making any decisions.
GBPAUD I Intraday short from resistanceWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
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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
Time For GA To Fall..GBP/AUD - I believe it is time, the analysis is above, but if we are being honest, this looks like it will be a clear double top, by EOP on Monday, before RBA decide their interest rate within the Asia session on Tuesday, and I only see AUD growing stronger.
Especially with all the tension surrounding the UK interest rate itself this week, I don't see the pound holding strong whatsoever, so I am short on that naturally. This however, I can see a potential 100+ pip play breaking out.
GBPAUD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: After the change of character here price started to make higher lows and higher highs, so I am looking for long position. I want price to make a retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 1.91000.
Fundamental analysis: Next week on Tuesday will be released Cash Rate on AUD, but on Thursday Bank Rate on GBP. These are important news, pay attention to the results in order to validate the analysis.
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GBPAUD - Potential Short - 2023/07/24Trade Briefing
Price is approaching monthly resistance once again but at a lower level;
BXY is indicating a 1% decrease in the upcoming day or so;
it previously rejected this area and we're hoping for a similar outcome.
We have GBP Flash PMI @ 430AM 0/725
Price is being monitored on the 15m interval and any closure above previous high will void this trade.
Peace and blessings my brudas
Don't jump early for this H&S pattern!Hello Traders
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(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPAUD to retest previous support?GBPAUD - 24h expiry - We look to Sell at 1.9000 (stop at 1.9075)
The current move lower is expected to continue.
Further downside is expected.
Short term RSI is moving lower.
Risk/Reward would be poor to call a sell from current levels.
A move through 1.8850 will confirm the bearish momentum.
Our profit targets will be 1.8820 and 1.8780
Resistance: 1.8950 / 1.9000 / 1.9050
Support: 1.8850 / 1.8800 / 1.8750
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GBPAUD Expanding Triangle D1
Contracting Triangle w1
Short Now and after Down We gat a Strong Buy Wave 5 And Push Down again
Now we are in wave 4 From (C) looks like (Expanding Triangle) after This We have a last Wave 5 in the limits 1.98200-- 78.6% fibo From wave (D) and Push Down again
have a good luck