GBPAUD- En route to our first target levelOur updated GBPAUD chart further to our previous idea
We expect a further rise to 1,836
Gbpaudsignal
GBPAUD Create Hidden Bearish DivergenceGA Gonna Short for Hidden Bearish Divergence
1st TP 1.7866
2nd TP 1.776
GBPAUD - (Continuation) SHORT; (re)SELL it here!Been short this what seems like forever (and making lots of money!!) with still miles and miles to go - down!
This is easily the 2nd best trade (Short) of 2021.
Here is the long term picture;
GBP/AUDAs for Eur / Aud and for GBP / AUD we have a nice setup, although we would not be in too much of a hurry to enter the buy position for this pair. It is smarter to set up a much safer sell.
GBPAUD Trendline TestAs we can see market is following Trendline (Since 1-12-2020) And now now create a bearish engulfing candle stick pattern which confirm a bearish movemnet.
GBPAUD BULL RUN CONTINUEAs we can see a flag pattern and TL test for bullish run.
So we are expecting a long term bullish run after TRENDLINE TEST.
GBPAUD--- Weekly Planning- Update LiveDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
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GBPAUD Bullish trade planGbpaud forming bottom aroung 1.7430. divide risk on multiple positions, use low risk add more on dip, probability to retest bottom 1.7430. initial target 1.7900. if opened multiple positions by dividing risk then partial hold with breakeven for longer term bull run.
GBPAUD SELL IDEAHi Traders,
On the following confluences I like to Sell this pair.
1. Down trend.
2. Key Level (S/R zone)
3. Supply Zone
4. Bearish Pin Bar as price rejection and downward signal.
Good Luck
GBPAUD - Global trend down Preconditions:
- Large Accumulation.
- global trend down
- local trend down
- The downward movement will continue.
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GBPAUD NEAR SUPPORTAs we can see market is in following support and TL. Now we are expecting a fakeout near support for long up side move.
GBPAUD BULLISH DIVERGENCEBullish divergence appear at lower level with confirmation so we are ready to go with BULLS.
GBPAUD BuyHigh Possibility of an emerging ascending triangle pattern. Plus, the crossed down and up LOWER Bollinger Band. The price is expected to oscillate within the triangle trend lines and then break out and start rising towards the SUPPLY ZONE.
POTENTIAL FOR GBPAUD TO FURTHER MOVE BEARISH We saw price break bearish today and recently found support from which we moved bullish , price is now showing great potential to further break bearish once it re-tests the marked region , price potentially going to slow down and reject from this zone and this is what i'll be looking for.
GBPAUD Create I.H&S in D1 Frame.GBPAUD Create Inverse Head & Sholders in D1 Time Frame. So Its Bullish in long term
GBPAUD 4HRThe overall trend is bearish bias, in the meantime, however there will be a moderate retracement to the upside from 1.80794 (23.60%) to 1.84025 (78.60%) according to the 2nd Fibonacci sequence. From the retracement to 1.84025 (78.60%), the forecasted projection is set to be completed at (1.75766).
