GBPAUD Potential channel breakout to the downsideGBPAUD is exhibiting bearish momentum, characterized by lower lows and lower closes. The pair is currently testing the previous daily low; a close below this level could lead to a decline toward the channel's lower boundary. The previous day's candle featured a long tail, indicating potential for a retest of the round number at 1.9300. If bearish momentum persists, the price may break through the channel and move lower. The target is the support level at 1.9310
GBPAUD trade ideas
gbpaud buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Lingrid | GBPAUD Potential Channel BREAKOUT. ShortFX:GBPAUD is making lower lows and lower closes, indicating bearish pressure. The market is currently testing the previous daily low, and if it closes below this level, I believe it will continue to decline toward the channel's lower boundary. Yesterday’s candle featured a long-tailed bar, suggesting that the price may retest the round number at 1.93000. Given the gained bearish momentum, I expect the price action to break through the channel and move lower. My goal is support level at 1.93100
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Monthly CLS Range, running short and more downside expected.Trade explanation: The monthly CLS range spotted the second month violated highs, took out the multiyear high and closed inside the CLS range. Prices have been ranging monthly and showed multiple rejections. I was obviously not waiting for the setup for a few months, this is how I put the pieces of the puzzle together to validate the LTF setup with my students.
On the LTF (D1) : when price rejected the CLS top edge, we had an Order Block created and CIOD, it was retested and there would be the best entry, which I missed. But we had another chance when the weekly opening gap was retested there we got the entry.
You are welcome to comment with your thoughts and questions. Also, share your charts below, Im passionate about trading and I love any constructive discussion.
What is CLS?
This company is trading for the biggest investment banks and central banks. They trade over 6.5 trillion daily volume. They are smart money of the all markets.
CLS operates in the specific times which will give you huge advantage and precisions to you entries. Focus on that. Its accuracy is amazing.
Good luck and I hope this educational post helps you become a better trader
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
Buying on Pullbacks GBPAUDNow, I am making a reversal. I forgot where I written that, but now I see the worth in it. That's all coming from overthinking, and even a broken clock is correct twice a day.
As seen on the GBPAUD chart, if I were to buy and sell at those pullbacks at 50% or 100%, I will mostly be profitable, and it would be an easy trade. At least I think so. But here's the thing, one has to wait for the setup to present itself.
And with the pullback occurring, I think it is more obvious if price is not working in out and we can plan for our breakeven exit through DCA.
So, Pullbacks are useful, even if you are dollar cost averaging, entering on a pullback is worth its weight.
1145SGT 22112024
GBP/AUD buying Trading IdeaHello Traders
In This Chart GBP/AUD 4 HOURLY Forex Forecast By FOREX PLANET
today GBP/AUD analysis 👆
🟢This Chart includes_ (GBP/AUD market update)
🟢What is The Next Opportunity on GBP/AUD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
gbpaud buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPAUD - Short Term LongUK delivered higher than expected inflation numbers overnight. The overall trend for the pair still on the upside trajectory. In the current environment GBP is a good asset to hold long. Although chart shows a range bound price action over time, technically looks like a buy. Note oversold momentum on stochastics. I took a long portion this morning and my target is at the green line at 1.9600. Anything could change especially on the geopolitical front. For now I believe this is a solid long.
GBPAUD My Opinion! BUY!
My dear friends,
Please, find my technical outlook for GBPAUD below:
The price is coiling around a solid key level - 1.9421
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.9558
Safe Stop Loss - 1.9353
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
SELL GBPAUD - Price action entry strategy explainedTrader Tom, a technical analyst with over 15 years’ experience, explains his trade idea using price action and a top down approach. This is one of many trades so if you would like to see more then please follow us and hit the boost button.
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GA short following previous analysis for this week.This chart is a follow up from my recent analysis, as you can see the market has done what I saw it will do.
Strategies
1. Elliot wave for market patterns/structure
2. asian session strategy for identifying areas of liquidity and manipulation
3. support and resistance to support in identifying key areas.
GBPAUD - 4hrs ( Sell Trade Target Range 250 PIP ) 🟢 Pair Name :GBP/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢 Key Technical / Direction ( Short )
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Bearish Break
1.94500 Area
Reasons
- Major Turn level
- Visible Range Hvn
- inner Choch
- Fibo Golden
- Quarter High
Bullish Reversal
1.93100 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattern Target
- Choch Area
- Fixed Range lvn
GBP/AUD: Bearish Momentum Takes Over Previously, I posted a bullish idea for GBP/AUD, but price action has since taken a sharp turn to the downside. Now, we’re adapting to the bearish momentum as the market reacts to the changing structure.
📉 Key Observations:
Price rejected key resistance around 1.96458 and failed to sustain upward movement.
A lower high has formed, signaling bearish intent and a shift in market direction.
The focus is now on price heading lower toward the significant support zone at 1.94418.
🎯 Plan:
Watching for bearish continuation with possible short opportunities below 1.95244.
First target: 1.94418, a critical support level where price may stall or reverse.
Stop-loss placement should account for recent resistance levels above 1.95743.
🧠 Psychology Tip: "Adaptability is key in trading." 📌 The market doesn't always align with your initial bias, but reacting to the structure and adjusting your strategy is what separates reactive traders from emotional ones. Stay objective and let the chart guide your decisions.