GBPAUD probabilty for 1.8210 targethigher high and higher low forming on daily bars, 1.8015 & 1.7970 demand zone for buy, target 1.8210
Gbpaudforecast
GBPAUD Forecast!! Looking Great!!!PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The same fractal patterns happen over and over again!! We could get some asian sweeps Monday and Tuesday.
GBPAUD Forecast potential long!GBPAUD is consolidating, getting ready for its next big move. Higher time frames suggest it is starting to be bullish . I will be waiting for Key areas to get hit before looking for an entry. Lets see what NY session brings us.
GBP/AUD to the downside Good Day Traders !!
Daily : We have a "W" formation and we are currently at a strong level of resistance that was rejected by the market if you look at the wick of the last candle, the price seems to be going toward the downside again to continue it's weekly pattern.
Now if you enjoyed this analysis smash that like button and share. If you have a different opinion please leave a comment below as I would love to get more insights and ideas. I also linked my previous idea about this asset.
Trade safe !!!
GBPAUD Forecast potential long!I made 12% and 25% on GBPAUD this week! I will post my trades below. GBPAUD is looking great for more buys and possible sells later in the week. Lets see if Monday/Tuesday Pa creates another Higher low. Higher time frames is suggesting this pair is start be bullish. However we have some important key areas above for possible rejection. Give me a follow and like to keep up to date forecasts, Once you can read the high possibilities where price action is heading, then you can learn how to enter trades on the lower time frames AND how to protect your capital, so you lose absolutely no capital! yes that is right! AND have a high Strike rate over 70%
GBPAUD LONG 📈✅What I see is so clear,
As you see we have strong support just bellow, we have Fib confirmation, MACD bullish. Time to jump in trade, by the time Im analysing already we missed some pips ...
But lovely chart ...
R:R 1:3.7
Any question DM or Comment
GBPAUD - SHORT; This is headed down ...... what is basically "forever". Make this SHORT your 401k. (Right alongside the GBPJPY Short.)
The simple fact remains that while the BoE is running a 120% debt load vs. it's GDP, the RBA hasn't even hit 50%, yet, and so it can basically keep borrowing til the end of time.
Here is the Weekly;
... and the Daily;
GBPAUD - MARK UPPlease view the chart for more information on my analysis on this pair. Make your own prediction as to when you should get into the trade. I am only here to guide you, not give you every piece to the puzzle.
GBPAUD LONGSLooking for longs for the start of the week.
CHECK OUT 2021 SIGNAL TRADE JOURNAL FOR INVEST BEYOND.
docs.google.com
GBPAUD | Perspective for the weekHappy New Year!
It is another new year and we are beginning with a Bullish expectation on the GBPAUD pair as the Double Bottom structure guides us to a potential Higher high in the coming week(s). As at the time of writing the exchange rate for the pair is dangling around AU$1.77040 as we look forward to the appropriate price to buy the Pound Sterling.
Tendency: Uptrend ( Bullish )
Structure: Reversal pattern | Supply & Demand | Double Bottom
Observation: i. The fall of Pound found the bottom in September 2020 @ AU$1.7500 and it appears sellers are finding it difficult to push below this level as price experienced a sharp rejection of this level again in December 2020.
ii. Double Bottom: Rejection of this level (AU$1.7500) the second time followed by Higher Highs give rise to the opinion that we might be at the verge of a reversal.
iii. This been said, it is appropriate that we remain cautious as we grope for confirmations at this juncture in the market.
iv. In this regard, my anticipation of a significant Breakout of AU$1.7900 level and maybe followed by a rejection of this level could be enough reason to hop in the rally.
v. It is worthy to note here that a significant Breakdown of our proposed Demand level might consider this bias invalid... Stay tuned!
Trading plan: BUY confirmation with a minimum potential profit of 600 pips.
Risk/Reward : 1:4
Potential Duration: 10 to 20 days
NB: This speculation can be considered to make decisions on lower timeframes.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including foreign exchange trading, CFDs, etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPAUD kery revesal and inside bars dictating for 1.7990 & 1.8034th February daily key reversal bar made a new low closed off the high, 9th February Inside bar range confined with previous bar range, 1.7830-1.7795 area for buy position, target 1.7990 and 1.8030
GBPAUD Trading Lower This Morning: The pair is reversingGood Morning traders. Today the is a lot of high impact news that could affect the GBP pairs but I am not afraid to enter ahead of all this.
I forecasting this pair to fall and price to reach the previous low at around 1.7500
The pair has found resistance at at 1.8047 and price is below the upper Bollinger band.
Short positions only
Stop: 1.8047
Target : 1.7500
GBPAUD - (Continuation) SHORT; (re)SELL it here!Been short this what seems like forever (and making lots of money!!) with still miles and miles to go - down!
This is easily the 2nd best trade (Short) of 2021.
Here is the long term picture;
GBP/AUD at Big SupportThis is at a big support level so looking to take a long position soon. MACD is showing on the daily that this is still bearish as it is below 0. I expect this to drop slightly from its current position, if it meets the support area marked in blue then that could be a good entry point with SL just below the lowest point of the support. TP is set at 0.382 Fibonacci of period from March 2020 to the low.
GBPNZD BUY AFTER BREAKOUTAs i can see this pair still trading in range and we will start buying once it make a confirm breakout
if we see this pair on bigger TF then it is sowing that bulls are ready to make a new up move from
and then we will trade this pair with a small risk and looking for higher rewards
Friends push like and comments
Follow us for updates
GBPAUD BULL RUN CONTINUEAs we can see a flag pattern and TL test for bullish run.
So we are expecting a long term bullish run after TRENDLINE TEST.
GBPAUD--- Weekly Planning- Update LiveDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
_______________________________________________________________________________________________________________________________________________________
Thank you for your support!
GBPAUD Bullish trade planGbpaud forming bottom aroung 1.7430. divide risk on multiple positions, use low risk add more on dip, probability to retest bottom 1.7430. initial target 1.7900. if opened multiple positions by dividing risk then partial hold with breakeven for longer term bull run.
GBPAUD SELL IDEAHi Traders,
On the following confluences I like to Sell this pair.
1. Down trend.
2. Key Level (S/R zone)
3. Supply Zone
4. Bearish Pin Bar as price rejection and downward signal.
Good Luck
GBPAUD BUYING FROM KEY ZONEAs I can see this pair is testing strong support zone and price is still holding with bulls
and we are buying this pair also on the base of GBP STRENGTH and right now this pair is testing weekly based support zone
so we expected this designed Tp will achieve with a small risk and looking for higher rewards
Friends support us to make it helpful for other traders too
we Appreciate ur likes and comments
Follow us for more updates
Demand Zone For GBPAUD...UPWARD potential!!!As we can see, GBPAUD has failed to breakout of this supply zone with BULLISH momentum losing its strength as it heads towards this demand zone. For now, I will be expecting a rejection from this demand zone with a BULLISH movement potentially breaking the resistance level @1.7872. Price have yet to breakout of this resistance level but I will be expecting a breakout of this level if BULLISH movement takeover from here. With that, we will see a BULLISH movement to test the supply zone. A breakout from this demand zone will give us a HUGE potential for a BULLISH continuation.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
GBPAUD Short ideiaWe have 5 confluences on the graph:
1- Falling trend.
2- Respected the trendline.
3- Level 61.80% of FIB respected.
4- Respected the resistance in the candles of 1h, forming a bearish candle.
5- Head and shoulders
So with all this confluences, I can short with a 1 to 5 risk reward.
I enter in the 15min chart at 1.81540
