Gbpaudsignal
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price made a failure swing high that means bulls are losing momentum and bears are gather momentum, price retraced back into premium area where a nice sell opportunity has been presented around 1.89500, we have a lot of bullish imbalances that will be filled this week perhaps.
What do you think ? Comment below..
GBPAUD bullish scenario:The British Pound has held onto recent gains as the rapid spread of the Omicron variant continues to hinder the pace at which the global economy can recover from the Coronavirus pandemic. After the BoE (Bank of England) made a decision to raise rates in December, the Sterling ended the year in positive territory and remains resilient against its major counterparts.
In this pair, technical analysis shows a technical figure Triangle. The Triangle broke through the resistance line on 07/01/2022. GBP/AUD is forming a bullish formation on a daily chart. If the price holds above this level, we will have a possible bullish price movement with a forecast for the next 39 days with a target of 1.9211. According to the experts, your stop loss should be around 1.8417 if you enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
GBPAUD Top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPAUD: Its a TRAP!🎯Many assume that more touches of resistance make it stronger, this is far from the truth.
Since the resistance is so weak, I would like to see the zone breached.
BUT first, we must trap the sellers by breaking the trendline.
Once they have been lured in we can consider buying up into the main supply. 😍
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
RISK DISCLAIMER:
Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use a tight stop loss.
--------------------------------------------------------------------------------------------------------
Please like, subscribe, and share this idea with others!
--------------------------------------------------------------------------------------------------------
GBPAUD potential bulls takeover?Looking to see if the price can find a support around where the purple line is. We can see the price has found a resistance around the 1.86200 mark, however sell positions have been slowly been taken out and the resistance is getting weaker. If the price does break that resistance we can see there is a low traffic area into the highs.
gbpaudgbpaud hits the second take profit , have a look in the link below
♂ ♂️ The secret of success in predicting the movement is a stage, and this is advice for everyone who practices technical analysis, you must know where the market ended from previous models to succeed in predicting the next start
✅ In short, you will not know what will happen as long as you do not look at what happened in the past