Gbpaudtrade
GBPAUDHello Traders Welcome back to another profit day
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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 minor resistance and tested the resistance as a support and moving into major resistance zone
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.
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have a good profit week guys
Potential buy on GBPAUDGBPAUD broke out (up) of a significant zone this past week on the daily time frame. I expect a retracement back to the 0.382 of the Fibonacci. If this retracement terminates at 0.382 level with a break of structure to the upside, this will confirm the strength of the break that happened on the daily. The same 0.382 area was acting as a support that was broken and so should serve as a further confirmation. Once this happened, we should look to buy and target the next significant point on the daily. But for now, we wait to see what happens at that 0.382 zone.
GBPAUD, 4hr tf, HnS pattern after break below trendlineIHello my friends,
GBPAUD just break below the trendline which supported it for the last 3 months since January 2021.
Price right now retesting it as resistance and there is also descending trendline which will now become the resistance for this pair.
It looks like price making a Head and shoulders pattern and the measured objective of this pattern is around 440 pips counting from the top of the head to the neckline.
Price already broken below the trendline and i think this upwards movement is only a retracement to test the resistance.
We might see price continue going south in the coming days.
Sell GBPAUD 1.7940
Stop loss 1.8020 (80 pips)
Take profit 1 at 1.7600 (340 pips)
Take profit 2 at 1.7440 (500 pips)
RR Ratio 1 : 6.25
Use only 1-2% risk
Good luck
GBP/AUD could FALL!Hey tradomaniacs,
I`m personally not the biggest fan of GBP/AUD but we could see another drop here when equities tend to rise!
Technically a great spott to look for shorts!
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Peace and good trades
Irasor
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Long Long Long Price this week has on a daily time frame retraced and bounced perfectly off the 61.8 Fib level. I have entered a long position at 1.7750 however next week I will look to add to this as i do believe that we will head back to 1.8250 then on to 1.84/5 in the next 2 weeks.
Keep in mind price may bounce off trend line at 1.8000, which will indicate a short position back to 1.7750.
Lemme know what you think!
GBPAUD: Very long period short on Monthly TFHi Traders,
This is my view on this cross for the next months
#GBPAUD
SELL 1.78
SL 1.86
TP 1.45
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen