Gbpaudsignal
Great Opportunity #GBPAUD Let's take off!In this model we have several patterns-The first pattern was a Triple Bottom pattern as can be seen in the graph above the price responded accordingly and fell then the price stabilized in the price zone 1.57 now the pound is going out for another round and this time it seems that it will also cross the big resistance in the price area 1.63
The first stop will be at 1.60, if he will cross this resistance then the second station will be 1.63
Buy EUR/AUD:
Entry Price: 1.5945
Stop Loss:1.58
1 Take Profit: 1.60
2 Take Profit: 1.63
Triple Top Pattern of #GBPAUD!The triple top pattern is a type of chart pattern used in technical analysis to predict the reversal of a long-term uptrend In order for us to confirm this model we have to wait for the next weekly candle to see if we have a red candle and then the direction will be clear Until then, the price could continue to rise, and so by the end of this week we recommend being buyers and continuing to take advantage of these handsome rises
Buy GBPAUD:
Entry Price:1.8520
take Profit:1.8700
Stop loss: 1.8370
GBPAUD / M15 / Technical ChartGBPAUD / M15 / Technical Chart
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take this information as a trade signal.
Double Delight FREE Money... Thank us later1.80551 area is acting as historically strong resistance and price is respecting a bearish trendline, At the moment price is touching both our trendline and resistance level so this is a strong sell, providing there is no market gap at open tonight.
If a market gap to the upside happens we will stay out of this trade and see how the market plays out tomorrow as it might retest these levels as support, but if price opens below our line and level then we will be jumping into a sell position head first.
GBP/AUD 4H Chart: Bullish in short-termThe GBP/AUD exchange rate has been trading in a junior ascending channel pattern since the beginning of December. The surge began after the pair reversed from the lower boundary of a dominant ascending channel at 1.7218 on December 3.
The currency pair breached a resistance level formed by a traditional weekly pivot point at 1.7934 during the morning hours of Monday’s trading session.
Everything being equal, it is likely that the currency exchange rate will continue its upside momentum within this week. The potential upside target for the British Pound will be near the upper boundary of the junior ascending channel pattern at 1.8129.
GBPAUD: When Channel Meets Horizontal Trendline*Sorry, error in the chart numbers. Mistakenly put 0.xxxx instead of 1.xxxx. The below numbers are correct*
GBPAUD
Timeframe: 1D
Direction: Long
Confluences for Trade:
- Price at Horizontal Trendline Support
- Widening gap between EMAs
- Stochastic Oversold momentum
- Fundamentally, BOE has warned that UK may be headed for recession if a no-deal Brexit happens; with this, we will need to assume how would lawmakers think of this situation and will it affect their decision on their vote. AUD may be pressured from continuation of US-China trade talk.
Suggested Trade:
Entry @ Area of Interest 1.7390 - 1.7500
SL: 1.7263
TP: 1.7873
RR: Approx. 2.35 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
GBPAUD MArket Analysis with Entry Plan
Hi guys,
GBPAUD is moving in the daily channel and is the approaching the daily trend-line in a corrective manner making a trend reversal pattern that is a reversal channel of 4Hr time frame, it means that price is going to be reversed from this daily trendline , so watch price action in lower time frame for buy. good luck.
Check First Comment For Clear View.
Thenk You
Morshedul Munna
GBPAUD: Medium-Term Trendline BrokenGBPAUD
Timeframe: 1D
Direction: Short
Confluences for Trade:
- Strong Bearish Candle Formations
- Price broke M/T Trendline (Since Sept 2017)
- Fundamentally, Brexit uncertainty provides a bearish outlook on GBP while AUD may improve on higher chances of Trump and Xi get something agreed on regarding trade and with a more dovish FED, AUD being an investment grade country will see inflow back into their bond markets.
Suggested Trade:
Entry @ Area of Interest 1.7360 - 1.7620
SL: 1.7783
TP: 1.6773
RR: Approx. 2.33 (Depending on Entry Level)
May the pips move in our favor! Good luck! :D
*This trade suggestion is provided on an advisory basis. Any trade decisions made based on this suggestion is a personal decision and we are not responsible for any losses derived from it.
GBPAUD - UPDATED FOR YOUGBPAUD has retraced to Fibonacci retracement
level of 0.618 and seems like could extend to 0.5 fib retracement.
this would create an ABCDE.
Overall i am still expecting this to fall lower but this
could be a nice retracement to capture some profit also
See previous analysis
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GBP/AUD - 200 Pips Opportunity - Incoming DropGBP/AUD has currently a strong bearish momentum and by the looks of the 4H chart, it is without support (Weak and can fall more).
To catch this potential move, put your SL above the 4H 50 EMA.
Tip: Always keep in mind that what matters in trading is to be profitable on the long term and not the result of one trade alone.
Trade safe.