Price has hit a major 1.8900 zone on the weekly There is an M formation with neckline at 1.9200 on the weekly On the daily, I am expecting a test of 1.9050 If market closes above 1.9050 then price is headed to 1.9200 Sitting on my hands and waiting for something solid
This pair is been bear market for quite awhile now, as we see, we are in an accumulation phase, to be more sure, wait for a breakout of the box. Lls and Lhs.
GBPAUD is forming a bullish structure with upward breaks between 1.89801 and 1.9000. The market, currently at a low point, shows strong reactions with long wicks. I'm waiting for a lower timeframe break at around 1.90242 to clear recent imbalances before expecting a move Please be advised that these trade ideas are intended solely for educational purposes and...
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Dear Traders, GBPAUD is in process of repeating the same pattern that is has made, price currently in form of making strong bullish impulse however, based on how previously moved and behaved suggest that price can drop to our safest zone and entry number 2 from where we can take swing buy. However, with the first entry we can expect price to continue the bullish...
Pair Name : GBP/AUD 🗨Time Frame : 4hrs Chart / Close ➕Scale Type : Large Scale ------ 🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money ✔️ Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Retest ...
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to make a retracement to fill the imbalance and then to reject from bearish order block + trendline. Fundamental news: Next week on Thursday(GMT+3) we will see results of...
Esteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own...
In this video, we delve into a high-probability scalping strategy, building upon the concepts introduced in our previous videos on developing a trading plan and risk management. This third installment in the series focuses on refining entry points for high-probability trades. We explore a basic trend continuation strategy on the 4-hour time frame, then zoom in on...
the GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target...
The price perfectly fulfilled my last idea. It hit the target zone.The market has dropped from the resistance zone, characterized by a series of lower lows and lower closes. FX:GBPAUD broke through the significant level of 1.9000. Currently, the market is consolidating around this level, with a notable resemblance to its previous price action. Looking left we...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello traders! ‼️ This is my perspective on GBPAUD. Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for a short. I expect price to continue the retracement and then to reject from trendline + liquidity zone + FIBO 0.5. Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD,...
Technical analysis on the GBPAUD breaking down a potential bearish trend continuation opportunity & showing you the process that I go through to make my directional prediction as well as how i predict potential target taking locations. Any questions or comments, please leave them below. I hope you guys have a GREAT week of trading! Akil
Sell side liquidity taken 2 times now we can expect bullish move our target Buy side liquidity (last swing high) ✅
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPAUD might keep moving up during nyc session today so be ready to hunt.
Buying due to BOS in 1h. I believe price has touched this resistance one too many times and is looking to reach previous highs after this week long range.