GA Buys Continuation FX:GBPAUD keeps creating new highs, only makes sense to follow the trend. After creating a new high, we are seeing a reaction at the order block level. Looking for choch/bos on 15m TF then set buys at the OB on 15m that created the high that created a choch/bos.Longby Sucretrades2
FINALLY A BREAKOUT ON GBPAUD LOOKING AT A STRONG LONGTERM BUYThis currency pair has been on my watch list, it has been consolidating for quite some years looking triangle formation on the monthly time frame and has not been making any meaningful moves. But that just changed in past couple of days. It finally broke out of the triangle which is in the 2nd wave of the higher degree in the monthly time frame , meaning we are now looking at the most anticipated, a 3rd wave of the higher degree, which just began by the way. NB: NEVER TRADE AGAINST THE TREND. So in the lower time frame it has completed five waves and began a retracement wave ABC, its now completed wave A, we are looking at a wave B forming then we should expect a sharp decline of wave c, hopefully at the 0.382 Fib level then a continuation of the buy after a double bottom formation. Buy entries should be expected at the beginning of the dip(at the apex) and should be held up to 2.20571 level. Happy trading Mates.Longby EDDKENDAUpdated 2210
Over+750 pip in GBP/AUD in our last call(07/31/2024)in our last analysis We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us. Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)by fortunamarkets4
SELLING GBP/AUD from 1.9771Last Thursday's daily candle on GBP/USD (25th July) closed with a nice long tailed pinbar. Becuase of this and becuase the RSI on D1 closed at 83.42 , I've been keeping my on this pair in anticipation of a move south. The next 4 daily candles were all doji indecision candles and with the RSI moving to 79.45, then GBP/AUD looked ready for a move south. However. Its imperative that if you have a trade planned and you intend to hold the trade overnight then you MUST check for news. This morning at 02:00 UK time, the CPI numbers were released and though the CPI q/q and CPI y/y met target, the Trimmed Mean CPI missed coming in 0.8% against 1.0% expected. This was sufficient for the AUD to sell off aggresively and GBP/AUD was sent 151 pips higher. A look on the H4 time frame and you can see that the previous 2 H4 candles form a pincer/double op and the current H4 candle is BEARISH. This looks a good opportunity for SHORT trades. The ANdean Oscillator on H4 is rising from zero as the green BUY line crosses the signal line. These are BEARISH signs. RSI is declining. MACD has yet to catch up on H4 but on M30 the fast MA has crossed the slow MA and on H1 the 2 MA's are moving together and edging south. All the signs are that this pair is moving lower and with AUD/USD turning BULLISH then I think this trade has a good chance. Target is open but the band of support at 1.9620 area looks a potential target although tomorrow BOE Monetary Policy and MPC Bank Rate makes all technical analysis redundant. Shortby forextraplaces2
Long trade Sunday, 28th July 2024 Buyside Trade observation.? Tokyo Session 4Ht TF Entry Entry: 1.95380 Profit Level: 1.98109 (1.40%) Stop Level: 1.95068 (0.16%) Risk/Reward Ratio: 8.75Longby davidjulien369Updated 113
GA SELL completing C waveI see the market has finished the B WAVE of the corrective move during the Asian session, and now the market is transitioning to the DOWNWARD move of the third wave, I believe we can look for sells during the remainder of the week, keep an eye out for the pullbacks and news.Shortby Emirah7
Swing short on GBPAUDEntry: 1.9777 TP1: 1.93 TP2: 1.892 SL: 2.00 Approaching yearly resistance level, RSI is well overbought on the daily chartShortby CJBlueNorther7
SWING TRADE . GBPAUDThere could be a continuation to hit 98500 upward. since AUD INDEX is weak , this could be achieved. Longby CHILLARFX8
GBPAUD - 4hrs ( Buy Trade Target Range 240 PIP ) ✔️Pair Name : GBP/AUD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Long ) Type : Mid Term Swing ——————————— ✔️Bullish Break 1.94000 Area Reasons - Choch Zone - Pattern Break - Fixed Range lvn - Visible Range lvn - Fibo Golden - Day / week high ✔️Bearish Reversal 1.96400 Area Reasons - Major Turn level / D - Pattern Target - Visible Range Hvn - Choch Area - Fixed Range Hvn - Quarters AreaLongby GoldenEngineUpdated 5534
GA BUY to complete B waveUsing the Asian range and market structure (Elliot wave) I can see that GA is beginning to move up after completing its 2nd wave in the B wave down, it is time for it to complete its wave to the upside.Longby Emirah2
GBPAUD Potential Buy SetupGBPAUD Buy setup in view One more leg before a reversal ? Time will unveil by samnebo2
It's There.Monday, London Killzone, Liquidity sweep (turtle soup) Daily Range Captured.by OutlierTrading1
GBPAUD Short OpportunityGBPAUD has been Bullish for a long time. On H4, price has started to show signs of bullish weakness. Since price is heavily extended, we can expect a good correction. Look for Shorts at current price, with Stop Loss above the Daily pivot. "Make sure you risk appropriately for the trade"Shortby TraderRaptor226
GBPAUD making bullish flag & poleGBPAUD making bullish flag & Pole Entry according to AB = CD buystop above B SL below C Plan a 2nd trade from PRZ Longby fay_pasai4
GBP/AUD SELLERS WILL DOMINATE THE MARKET|SHORT Hello, Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.930 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignalsUpdated 116
SHORT TERM SELL — TO CONTINUE UPSIDE GAAfter analysing the daily-5m TF i can see that the market is doing a somewhat of a major pullback which i will be selling before it continues to the upside.Shortby Emirah221
GBPAUD Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHI Note: * Cancel trade or cut-loss when candle close Below MALO (2 Red Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course Longby GreggiBond113
GBPAUD LONGGBPAUD is currently retesting a previous break out zone. We could see GBPAUD bounce from here and continue its upward trend. Longby BlackSheepFinancialUpdated 2
GBP_AUD WILL KEEP GROWING|LONG| ✅GBP_AUD is making a Pullback to retest the horizontal Support of 1.9550 and as we Are bullish biased we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx226
GBP-AUD Will Grow! Buy! Hello,Traders! GBP-AUD is trading in an Uptrend and the pair Is making a local pullback But a horizontal support Of 1.9546 is ahead and After the retest we will be Expecting a local Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals115
8 Years Deep.I started my trading journey 8 years ago, And I am still training and aiming for my eye to see it.by OutlierTrading0
You can profit when wrong.You can profit even when you are wrong. Get in at the mark, and take profits. Its not that complicated.by OutlierTrading0
GBPAUD Trade 2 (20240726)1H Timeframe FIBO Close to 61.8% Candle stick engulfing BBFT Below 20MA Possible end of Wave 4 Possible Scenario: D Timeframe reach previous high D Candle possible engulfing Trade: 0.02 lot Longby zhangsquare113