GBP|AUD sell trade on daily chartI am expecting GBPAUD to drop heavily in the next weeks as we are seeing distribution schematic on daily chart.
Disclaimer: Trading includes risk. Do your own analysis.
Gbpaudshort
GBPAUD - Downside move upcoming ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we can see that price filled perfectly the imbalance, took buy side liquidity and reacted from institutional big figure 1.94000. Now I expect bearish price action at least till 1.89000.
Like, comment and subscribe to be in touch with my content!
GBP/AUD SELL OPPORTUNITY I'm currently waiting for this 1HR trendline going back to Jan 2nd, 2024 to break and retest. Once it breaks below the trendline AND closes below the pivotal point of 1.90458 I will then start placing sell orders. The Daily D FIB Extension is at 1.84685 so that will be my main target on the way down. I will be selling every counter trendline break opportunities I can find. Happy Trading! :)
GBPAUD - Short active ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price rejected from institutional big figure 1.91000 + FIBO 0.786 level.
Fundamental news: Next week on Wednesday will be released yearly CPI on GBP and on Thursday we will see results of Unemployment Rate on AUD.
Like, comment and subscribe to be in touch with my content!
7 Dimension Bearish Setup For GBPAUD 🕛 TOPDOWN
Monthly: The presence of a triangle signals a continuation, coupled with a rejection at the upper trendline, indicating potential upward momentum.
Weekly: Notably, a change in character is observed. To pursue further highs, a deeper downward movement for a liquidity sweep is anticipated, suggesting a potential downside.
😇 7 Dimension Analysis
Time Frame: Daily
1: Swing Structure: Despite an intact bullish structure, abnormal elements are detected during consolidation.
🟢 Structure Behavior: Choch
🟢 Swing Move: Impulsive
🟢 Inducement: Confirmed
🟢 Pull Back: No pullback evident
🟢 Internal Structure: Sideways
🟢 No unmitigated Order block at the upper side
Trendline marked, Support Breakout/CIP waiting, pre-breakout buildup with micro bearish quality check.
🟢 Traps: A trendline Fake out has occurred, implying a potential sharp move if the trendline breaks again.
🟢 Time Frame Confluence: Daily
2: Pattern
🟢 CHART PATTERNS
Reversal: Notable patterns include Head and Shoulders (strong at the top), Consolidation Rectangle with higher lows, and a Symmetric Triangle indicating continuation.
🟢 CANDLE PATTERNS
In the current sideways market, candle patterns might not be as effective. However, candle quality, size, and frequency suggest heightened bearish activity.
3: Volume
🟢 Fixed Range: Bearish volume surpasses bullish volume.
🟢 Volume during Cycle: A substantial bearish volume has been observed.
4: Momentum RSI
🟢 Zone: Stuck in a sideways zone.
🟢 Range shifted: Transitioned from bullish to sideways.
🟢 Loud moves: Also shifted, indicating a likelihood of further downward movement.
5: Volatility Bollinger Bands
🟢 Middle band: Positioned below the price.
🟢 Volatility Contraction: Fully observed.
🟢 Squeeze breakout: Anticipated.
🟢 Band Puncher: Price action exhibits punches on both sides.
6: Strength According to ROC
🟢 Values: A comparison of 0.37 vs 2.46 shows AUD's strength over GBP.
7: Sentiment
✔️ Entry Time Frame: H1
✅ Entry TF Structure: Internal BOS
☑️ Current move: Impulsive
✔ Support resistance base: Last high liquidity sweep and rejection.
💡 Decision: Sell
🚀 Entry: 1.9040
✋ Stop loss: 1.9270
🎯 Take profit: 1.8020
2nd If Internal Structure changes, also exit on 3rd trendline breakout, Fomo
😊 Risk to reward Ratio: 1:4.5
🕛 Expected Duration: 30 days
SUMMARY
The comprehensive analysis suggests a nuanced scenario with potential for both upward and downward movements. While bullish elements persist, anomalies in consolidation hint at complexities. The expectation of a liquidity sweep for further highs and the indication of bearish volume emphasize the need for cautious trading. The decision to sell is supported by multiple factors, including structural analysis, candle patterns, and volume considerations. The risk-to-reward ratio and expected duration align with a strategic approach to market dynamics.
Short GBPAUD...GBPAUD had a nice pullback to the broken channel and has chance to goes down again.
British pound is under pressure of uncertainty in economy and can weak against other currencies.
Trade safe.
Good luck.
GBP/AUD Sell signal AnalysisHello Traders, On GBP/AUD price retraced to the IRL which is the weekly FVG, indicating potential bearish movement toward the ERL at 1.8588. However, I'll wait for a clear shift in market structure on the 4 hour chart before considering a trade, aiming to enter during the second phase of the distribution pattern to reach the target.
GBPAUD TO JUNE 2023 LOWSWe see a huge bearish factor as price retraces to the resistance zone and the 800EMA, an 800EMA rejection especially on the weekly is a huge factor, as this is projected we expect price to get to Trend Line 1.85013.
GBPAUD - Short active ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and rejected from bearish order block + institutional big figure 1.90000.
Like, comment and subscribe to be in touch with my content!
GBPAUD I Rejecting Monthly/Daily Reversal Zone - Short!Welcome 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!
GBPAUD SHORT - HEAD AND SHOULDER REVERSAL!Waiting for a break and retest of 1.88600 to short GBPAUD back to Daily swing lows with 1st target at 1.85147 and 2nd target at 1.82745
If you agree drop a like and if you have any questions leave a comment :)
GBPAUD: 2nd Swing Selling Opportunity! Dear Traders,
Hope you are doing well and enjoying the festive holidays.
GBPAUD the first entry that we took, it dropped successfully 560+ pips from our entry, though as price drop it leave behind LQ Void(gaps) in the market which is where will likely to be headed in coming days. Please wait for price to do some correction and then enter using small timeframe which will help you with entry precision.
Happy New Year In Advance :)
#GBPAUD: Reversal almost confirmed, will NFP have it say?Hey everyone,
FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can drop from here heavily since it has been consolidating since long; secondly that price can rise up to fill up fvg and drop.
please like and comment your views.
Potential Sell on GBPAUDFX:GBPAUD came back to a major zone and forming a potential drop. If price closes as a bearish candle, I'm going in to target 1.89179 as TP 1 and 1.88068 as TP 2
GBPAUD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in accumulation phase as price is in a range for the last 2 months, so I expect we could see AMD pattern. Price to manipulate sell side liquidity and then to distribute higher for buy side liquidity.
Fundamental news: Next week on Wednesday will be released monthly GDP on GBP, on Thursday Unemployment Rate on AUD, as well Interest Rate on GBP.
Like, comment and subscribe to be in touch with my content!
GBPAUD Long Term Buying Trading IdeaHello Traders
In This Chart GBPAUD HOURLY 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
EURAUD I Short from resistance zoneWelcome back! Let me know your thoughts in the comments!
** EURAUD 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!
DeGRAM | GBPAUD potential short tradeGBPAUD pulled back to a psychological level at 1.91000 following the break and closed below it.
Price action made a false breakout of the resistance at 1.92000 and a 50% fibo level.
We expect a breakout pullback and continuation trade.
-------------------
Share your opinion in the comments, and support the idea with a like. Thanks for your support!
GBPAUD I Price is in consolidation and likely to break higherWelcome 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!
GBPAUD Long Term Buying Trading IdeaHello Traders
In This Chart GBPAUD HOURLY 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
↓ GBPAUD, looks like a decent drop to 1.90041 & 1.89477Good day everyone:)
I have been monitoring this setup for quite some time, and now it's a good opportunity to sell due to the following reasons:
• The price action on the daily was rejected at the 1.91000 level.
• On the 4-hour chart, there was a symmetrical triangle pattern that was broken towards the downside, with a push - exhaustion cycle completion.
• 1-hour bearish engulfing closure breaking through MA's of 20, 50 suggests bearish bias.
• Furthermore, on the 15-minute chart, we have a head & shoulders pattern that was successfully broken.
• Both currencies are being sold off by the hedge funds, adding additional confirmation to this setup to potentially drop further down to weekly support zone 1.90041, if it breaks then to 1.89477.
GBPAUD Potentially Bearish on H4FX:GBPAUD Has broken the most recent H4 trendline and equally broken the strong support around the 1.92000. I will wait for the retest of the zone before taking an entry around the 1.92000 area. When that happens, I will target
1. 1.90380 and
2. 1.89187
with my stop at 1.92696
A break above the 1.93208 will mean the bearish condition is invalid and will look for a potential long
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
