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Gbpaudsignal

GBPAUD Forecast!! Looking Great!!!PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The same fractal patterns happen over and over again!! We could get some asian sweeps Monday and Tuesday.
by Jake-from-the-trading-Cartel
1
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish . However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
Long
by Jake-from-the-trading-Cartel
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish. However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
Long
by Jake-from-the-trading-Cartel
GBPAUD | Perspective for the new week | Follow-upMy very first speculation this new year was on the GBPAUD and since this publication price has moved over 500pips in our direction as we finally experience a Breakout of AU$1.80000 as predicted (see link below for reference purposes). It appears the major GBP pairs are taking a synchronic upturn following renewed confidence in the UK economy amidst reports that Covid-19 infections have fallen by two-thirds! Tendency: Uptrend ( Bullish ) Structure: Breakout | Supply & Demand | Trendline Observation: i. During the last quarter of 2020, buyers gave in to the strong pressure of Sellers due to a shaky UK economy. ii. Last year ended on a Bearish note for the Pound as a successful Breakdown of my Key level @ AU$1.80000 in December 2020 was followed by strong selling pressure from this level (rejection). ii. Bullish Trendline: The line drawn under pivot lows (Pivot I & II) expresses the prevailing direction of participants in the market as the trend continues to find Higher Highs which finally culminates into a Breakout of Key level last Friday. iii. It is worthy to note that this is the first time this year that the price will close above AU$1.80000 (Key level). iv. Even though the Breakout is not fully confirmed, I have a strong feeling that the Sellers have finally given in to the Buying pressure. v. In this regard, I shall be looking for trading opportunities above AU$1.80000 as I peg my new Demand zone around AU$1.78000/1.8000 in the coming week(s). vi. Please note that as Bullish expectations become high, it is necessary I state here that significant Breakdown of Trendline might consider this bias invalid... Trade consciously :)! Trading plan: BUY confirmation with a minimum potential profit of 800 pips. Risk/Reward : 1:5 Potential Duration: 25 to 40 days NB: This speculation might be considered to make individual decisions on a lower timeframe. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
7
GBPAUD | Perspective for the weekHappy New Year! It is another new year and we are beginning with a Bullish expectation on the GBPAUD pair as the Double Bottom structure guides us to a potential Higher high in the coming week(s). As at the time of writing the exchange rate for the pair is dangling around AU$1.77040 as we look forward to the appropriate price to buy the Pound Sterling. Tendency: Uptrend ( Bullish ) Structure: Reversal pattern | Supply & Demand | Double Bottom Observation: i. The fall of Pound found the bottom in September 2020 @ AU$1.7500 and it appears sellers are finding it difficult to push below this level as price experienced a sharp rejection of this level again in December 2020. ii. Double Bottom: Rejection of this level (AU$1.7500) the second time followed by Higher Highs give rise to the opinion that we might be at the verge of a reversal. iii. This been said, it is appropriate that we remain cautious as we grope for confirmations at this juncture in the market. iv. In this regard, my anticipation of a significant Breakout of AU$1.7900 level and maybe followed by a rejection of this level could be enough reason to hop in the rally. v. It is worthy to note here that a significant Breakdown of our proposed Demand level might consider this bias invalid... Stay tuned! Trading plan: BUY confirmation with a minimum potential profit of 600 pips. Risk/Reward : 1:4 Potential Duration: 10 to 20 days NB: This speculation can be considered to make decisions on lower timeframes. Watch this space for updates as price action is been monitored. Risk Disclaimer: Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
1
GBPAUD push to 1.78000 handle then move higher to 1.81000Hello, I have a few reasons why I forecasted this exact trade but I won't be giving away all my reasons. We use an algorithm in-house which takes a laggy indicator and reverse engineers the indicator to match 90% of market conditions. This allows us to be very accurate. I have forecasted this very rewarding trade and the potential to the upside is huge. I will be continuously be monitoring the pair once it has entered my buy position and be adding to the comment section as we go on. If you have any questions (I would post my instagram handle, however I got into trouble for doing that LOL) Just message me on trading view and I can see what I can do. 40 Pips stop loss 300 Pips take profit. Entry: 1.78000 Enjoy Saif
Long
by MoneyMaliks
GBPAUDHello Guys Welcome back to another profit week If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPAUD broke the middle support and moving to the last support, there will be a sell entry Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
by Bexi03