Gbpaudtrade
GBPAUD, waiting for buy action, around 600 pips to makeI expect drops near the lower limit of the designated channel.
Buy entry is around 1.79.
TP around 1.85 where there is resistance marked after the peaks on the weekly interval.
About 600 pips to gain.
P.S.
This is not financial advice of course, just my idea.
GBPAUD....SHORT (425 PIPS, 2.3%)RR: 1.8
Risking 50 pips for a reward of 425
Expected GA to short at the beginning of last week from 1.8068 resistance point......GA had a fake rally to the top and rejected from 17th october's high. i'm looking forward to a strong short on GA.
note: 1.7489 is a potential second TP.
20 Reason for sell GBPAUD🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yaely time Frame this is a current bearish solid trend even from 2002 to 2020. the massive volume also included in the selling side, according to the big picture, no chance for a reversal already best-ranging market
2 📆Monthly: another established bear trend proper higher lows current market is in a correction phase
3 📅Weekly: correction phase, prices make a halt and trigger event, now prices are ready to go down for fill weekly FVG
4 🕛Daily: after making two higher lows and prices corrected themselves, filling taping the previous OB and taping can go down 90% chance
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bullish
6: 2 Pattern Candle Chart: double rejections with proper momentum candles before it a key reversal
7: 3 Volume: high volume at the top
8: 4 Momentum UNCONVENTIONAL Rsi: resisstence at 60 level
9: 5 Volatility measure Bollinger bands: full squeeze with a head-fake type formation
10: 6 Strength ADX: bear are just begun gaining strength
11: 7 Sentiment ROC: GBP is weaker than AUD
✔️ Entry Time Frame: H4
12: Entry TF Structure: clean bear
13: entry move: wait till correction
14: Support resistance base: previous ob and fvg
15: FIB: Nill
☑️ final comments: sell at correction
16: 💡decision: sell
17: 🚀Entry: 1.8077
18: ✋Stop losel:1.8280
19: 🎯Take profit: 1.6353
20: 😊Risk to reward Ratio:1:13
🕛 Excepted Duration : 60 days
GBPAUD Large Cup and Handle with a warningExtended Cup and Handle has formed on GBPAUD.
The moving averages look great 7 >21 >200
Target 1.9593
The concern is that the breakout (after a long period of the formation) is weak and is not convincing enough to buy just yet.
We could wait for a retest and for a strong Engulfing Bull candle to form before the confidence to the upside is confirmed
GBPAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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#GBPAUD ( British Pound / Australian Dollar )
- Breakout the Previous Strong S / R Level ( 1.79415 ) and Completed the Retracement
- It can Follow Some Bullish Moves till the Upper Trend Line #UTL at Daily S / R Level ( 1.81840 )
- BOS in #LTF
GBPAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
20 Reasons for sell GBPAUD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1 ✨Eagle eye: Yaely time Frame this is a current bearish solid trend even from 2002 to 2020. the massive volume also included in the selling side, according to the big picture, no chance for a reversal already best-ranging market
2 📆Monthly: another established bear trend proper higher lows current market is in a correction phase
3 📅Weekly: correction phase, prices make a halt and trigger event, now prices are ready to go down for fill weekly FVG
4 🕛Daily: after making two higher lows and prices corrected themselves, filling taping the previous OB and taping can go down 90% chance
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bear
6: 2 Pattern Candle Chart: double rejections with proper momentum candles before it a key reversal
7: 3 Volume: high volume at the top
8: 4 Momentum UNCONVENTIONAL Rsi: resisstence at 60 level
9: 5 Volatility measure Bollinger bands: full squeeze with a head-fake type formation
10: 6 Strength ADX: bear are just begun gaining strength
11: 7 Sentiment ROC: GBP is weaker than AUD
✔️ Entry Time Frame: H4
12: Entry TF Structure: clean bear
13: entry move: wait till correction
14: Support resistance base: previous ob and fvg
15: FIB: Nill
☑️ final comments: sell at correction
16: 💡decision: sell
17: 🚀Entry: 1.7900
18: ✋Stop losel:1.7950
19: 🎯Take profit: 1.7311
20: 😊Risk to reward Ratio:1:13
🕛 Excepted Duration : 3 days
GBPAUD - Triangle pattern ✅Hello traders!
‼️ This is my analysis on GBPAUD .
Here on the H1 timeframe perspective price forms a triangle pattern with a support zone at institutional big figure 1.79000. I expect we could see a strong momentum bullish or bearish after breaking the triangle zone.
Like, comment and subscribe to be in touch with my content!
GBPAUD Next Possible Move#GBPAUD ( British Pound / Australian Dollar )
- FALLING WEDGE Pattern in Long Time Frame #LTF
- Unable to Break the Support and Demand Zone
- Double Top in Long Time Frame #LTF
- Selling Divergence
- Rising Wedge in Short Time Frame #STF and Breakout the Lower Trend Line #LTL and Retested need the Strong BEARISH PRICE ACTION
GBPAUD H4Hi traders, GBPAUD watch price to come around our mentioned pattern completion area and look price action on the top for a short position opportunity.
Trade with your own according strategy GOOD LUCK.
GBPAUD to retrace then aim higherSome rebalancing of sell orders must take place to allow GBP to continue higher towards 1.82000. As usual, look for lower timeframe reversal confirmations. Good luck!
GBPAUD Next Possible Move#GBPAUD ( British Pound / Australian Dollar )
- In Long Time Frame #LTF it is Following Correction as a BEARISH CHANNEL Pattern and Rejecting from the Upper Trend Line #UTL
- In Short Time Frame #STF we have RISING WEDGE and Breakout of the Lower Trend Line #LTL
- According to ELLIOT WAVES it has completed the " 1234 " Impulse Waves and will make " 5th " Wave
- Break Of Structure #BOS
- Breakout of Demand Zone
- Support Acting as Resistance #CHOCH
GBPAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
GBPAUDHi traders, GBPAUD is setting up for a upside move watch price to come around our mentioned pattern completion area and look price action in a mentioned zone for a long position opportunity.
Trade with your own according strategy GOOD LUCK.
GBPAUD Short From Resistance!GBP-AUD went up today
But now the pair has reached
A horizontal resistance level at 1.79315
So at least a tiny pullback
Is to be expected from the level
GBPAUD Next Possible Move#GBPAUD ( British Pound / Australian Dollar )
LEADING DIAGONAL in Short Time Frame #STF
Rejecting Demand Zone
ELLIOT WAVES - Completed " 1234 " Corrective Wave at Fibonacci Level - 50.00%
Selling Divergence
GBPAUD SELL !!!??Price already break the support area and still waiting for confirmation from the price to change of character or break of the structure. Always remember to took your money management !!!!
GBPAUD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 - Long from support ✅Hello traders!
‼️ This is my analysis on GBPAUD .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill that gap and then to reject from support.
Like, comment and subscribe to be in touch with my content!
GBPAUD....SHORT ( 115 PIPS)From the recent two highs on GA occurred on 24th October, London session and 27th October, New York session respectively. I'm calling out my shorts on GA with a 0.64% change of price value.
NB: All eyes on my 8 EMA and 50 ( red and blue respectively)
Also, the two horizontal lines are my breakout points
Red Box: rejection zone
GBPAUD CHART ANALYSIS POSTED ON SUNDAY 16 OCTOBER 2022GBPAUD CHART ANALYSIS !!!
Make sure you do your research and based on your confluence please look for the entry.
Trade safe use proper risk management always.
