GBPAUD facing bearish pressure | 23rd Apr 2021Prices are facing bearish pressure from horizontal swing high resistance in line with 50% Fibonacci extension and 61.8% Fibonacci retracement. Prices might push down towards 1st support in line with horizontal swing low support, 127.2% Fibonacci extension, and 161.8% Fibonacci retracement. If prices push higher, prices might face resistance from 1st resistance in line with horizontal swing high resistance, 100% Fibonacci extension, and 127.2% Fibonacci retracement. EMA is also above prices, showing a bearish pressure for prices.
Gbpaudshort
GBPAUD facing bearish pressure | 22th Apr 2021Prices are facing bearihs pressure from pullback resistance, in line with 78.6% Fibonacci retracement and 100% Fibonacci extension . Prices might push down towards 1st support which is in line with 78.6% Fibonacci retracement and horizontal swing low support. If prices push up further, prices might face resistance from 78.6% Fibonacci retracement and 78.6% Fibonacci extension , in line with horizontal swing high resistance. EMA is also above prices, showing a bearish pressure for prices.
** GBPAUD ** will this be 2 out of 3....Morning all, happy tuesday.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
GBP/AUD could FALL!Hey tradomaniacs,
I`m personally not the biggest fan of GBP/AUD but we could see another drop here when equities tend to rise!
Technically a great spott to look for shorts!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/AUD New Short Setup To Catch This 500 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD: Very long period short on Monthly TFHi Traders,
This is my view on this cross for the next months
#GBPAUD
SELL 1.78
SL 1.86
TP 1.45
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
GBPAUD FLIPPED BIAS : SHORT !After about four months of GBPAUD rebound from the last dip of December 2020, GA struggled continuosly with weak price action to gain bullish momentum but was able to pull price up from December lows of 1.7400. GA was quite bullish for a while and technical analysis was indicating bulls could move price into 1.85 highs but this was cut short last week when price massively rejected 1.82900 resistance and started to dump back below.
Looking Forward to the coming weeks ahead, I expect the start of a downtrend/bearish continuation from a longterm perspective for GA. Currently on the chart, price is sitting at 1.79 which holds some massive support strength, if this zone is broken and price slides i see GBPAUD going back into 1.75600 level as a predicition.
Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial.
You should therefore carefully consider whether trading is suitable for you in the light of your financial condition.
Goodluck !
GBP/AUD Finally Closed Below Up Trend Line And Short Trade ReadyFx_Elite_Support,
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.9672).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Take Profits:
TP1= @ 1.7924
TP2= @ 0.9525
TP3= @ 1.7684
TP4= @ 1.7587
TP5= @ 1.7408
SL: Break Above R2
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