GBPAUD push to 1.78000 handle then move higher to 1.81000Hello,
I have a few reasons why I forecasted this exact trade but I won't be giving away all my reasons. We use an algorithm in-house which takes a laggy indicator and reverse engineers the indicator to match 90% of market conditions. This allows us to be very accurate.
I have forecasted this very rewarding trade and the potential to the upside is huge. I will be continuously be monitoring the pair once it has entered my buy position and be adding to the comment section as we go on.
If you have any questions (I would post my instagram handle, however I got into trouble for doing that LOL) Just message me on trading view and I can see what I can do.
40 Pips stop loss
300 Pips take profit.
Entry: 1.78000
Enjoy
Saif
Gbpaudlong
GBPAUDHello Guys Welcome back to another profit Day
If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions
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 channel support and will be falling down to A
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.
Please support this idea with a like, if you find it useful
have a good profit day guys
GBPAUD - SWING - 10. FEBR. 2021Welcome to our weekly trade setup ( GBPAUD )!
-
1 HOUR
Bullish price action and closure above main sr level.
4 HOUR
Overall strong market structure in a bull market.
DAILY
Bullish market scenario after a short pullback, good long entries!
-
FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.78800
SL @ 1.78030
TP @ 1.79970
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD - Short Term Sells, Long Term BuysI have a buy bias on this pair looking at higher timeframes and continued £ strength. On the daily timeframe, we're forming an ascending wedge of higher highs, and higher lows. We're looking to capitalise on this bull run by seeing a pullback into our confirmation zone which includes rejection of the 78.6% fib, the Point of Control (POC), and the ascending trend line. Happy Trading!
GBP/AUD Back Up To ResistanceBit late to this one unfortunately, was going to post about it yesterday but didn't. It has given up all its gains from last weeks spike and filled in most of the daily wick and is now turning back higher. MACD and EMA's have this pushing back up to resistance at 1.80235. From there wait to see if it can break above.
GBPAUD Long (Buy) Trade Idea SetupGBPAUD was in a longterm downtrend and has now seen rejections to go lower on monthly timeframe. On the 4-hour, we have an opportunity to buy here and aim to the upside. The small red zone could be a spanner in the works to push prices lower but otherwise, I would be aiming for the upper red zone as extended targets, should price action permit.
GBPAUD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** 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.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBP/AUD 3 Setups Avialbe To Catch More Than 400 Pips 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, daily tf, double bottom setupHello my friends,
It has been long since my last trade ideas.
I haven't found a satisfying setup to trade yet that's why i don't post anything in the last few weeks.
Today i finally found a good setup to trade which is GBPAUD pairs.
As you can see price making a possible double bottom pattern and price already broken above the neckline.
At the same time, GBPAUD broken above the descending trendline which has served as resistance since October 2020.
The measured objective of double bottom is around 500 pips.
Don't expect price to reach our take profit in a quick way.
It gonna be a bumpy ride to the upside as well because there is horizontal resistance level on the way up.
Buy GBPAUD 1.7820
Stop loss 1.7700
Take profit 1.8240 (4.2R)
GBP/AUD BUYThe GBP/AUD has been ranging within the grey rectangle drawn.
Last week once again the GBP/AUD failed to break above the resistance and reversed the price which is now at a key support area.
I expect GBP/AUD to retest this support area and the show a reversal with price increasing until the previous key resistance level
GBP/AUD Making Correction, Long Opportunity ComingThis has been due a correction and it is now doing so. This brings the chance to look for a longing position. It is close to 0.382 Fibonacci, just below this could be a good time to buy as it aligns with structure. Need to watch the price action as it could fall to 0.5 Fib as well. Use MACD and EMA's to help judge when the mood is changing back to bullish.
Target is set at the previous high of 1.80159. This aligns with previous support so it is meeting resistance here.
SL is just below 0.5 Fib
GBP/AUDLooking for 3 different positions to catch the impulsive moves on the Elliot's wave!
Price is overall ranging (bouncing from support --> resistance)
Steps we're looking for:
1. Price to respect the key level
2. Reverse into a uptrend
3. Break of key level then retest for a entry
Move 1 Move 2 Move 3
Entry - 1.78882 Entry - 1.79070 Entry - 1.79387
TP - 1.79165 TP - 1.79566 TP - 1.79814
SL - 1.78751 SL - 1.78948 SL - 1.79269
GBP/AUD LongAs we can all see, price is currently on a very clear bullish trend. Due to it's constant bullish momentum price has created a trend line which has been hit and rejected three times in these past couple of days. Currently, price is respecting the trend line once again while also creating a very clear morning star (bullish signal) which is one out of the three confirmations that we need before entering a trade. Moreover now that we are trading in the 1h chart we need to look at the 15m MA (moving average) crossover which in this case it is 1 pip away from happening. In conclusion, all these signals 1. rejection of the trend line, 2. creation of the morning star and 3. the 15m MA crossover give us very strong probabilities for a move to the upside with our target for this trade being the 1.80000 resistance area.
This was my analysis on GBP/AUD and I hope you like it, see you on the next one!