AUDGBP trade ideas
FLAG = Impulse + Correction - "Learn More Earn More" with usFLAG = Impulse + Correction - "Learn More Earn More" with us
What makes the chart interesting today is that:
. GBPAUD challenging the 1.8415 ~ 1.8450 resistance zone.
. Min 450 pips room to run. A break above 1.8450 could push the pair to its 1.8900 previous areas of interest.
. A rejection at the Flag range resistance, however, could lead to another retest of the Flag’s support.
Will the GBP see an upside breakout against the AUD ?
No one knows it! We have to wait and see!
GBPAUD sellPrice is currently selling from resistance zone 1.83517. As seen before, once price hits this zone it will sell towards support zone 1.81385. If price brekas and closes below support zone, expect sell towards next support zone for long term move.
gbpaud longprice made a double bottom its retesting the neck.it retraced to the 50 fibb move....im expectin a revesersal to continue bullish
GBPAUDGBPAUD as recently got rejected on monthly support zone and making a good bullish move.
It can be said that this pair will be BULLISH until it reaches monthly resistance zone.
As market is not predictive
1) Market can continue bullish from here.
2)From here market can get another retest on monthly support zone and continue bullish.
GBPAUDlooking for a sell opportunity here on resistance zone and take profits at support zone below.
Falling wedge - BUYLong term trend - Short
Nature - Corrective phase
Pattern - Falling wedge
Stoploss - 30 pips
Risk: Reward - 1:2
This is only a short term BUY setup
AUDGBP good looking for short with good riskrewardAUDGBP good loAUDGBP good looking for short with good riskreward
Don't miss the great buy opportunity in GBPAUDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.7945). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 62.
Take Profits:
TP1= @ 1.8090
TP2= @ 1.8175
TP3= @ 1.8340
TP4= @ 1.8450
TP5= @ 1.8660
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
GBPAUD - Long - Falling wedge Price has formed falling wedge pattern, waiting to enter long on the 3rd touch.
It is possible that the price can fall little more lower until it hits the bottom ray ling before going LONG
1st TP target will be at the ray line and 2nd target will be near the yellow TL
Here I use 2 chart show my SELLIn my charts I use 2-time chart share my idea First I use a 4hr chart with a daily Pivot and the Donchian channel set at 50 to create a buy and sell ZONE top is a BUY zone Bottom is a Sell zone so what that tells me I'm looking for buy or sell in these areas on a smaller time frame
and on the 15 min, I use a 4hr Pivot for those intraday moves
GBPAUD GBPAUD BREAKDOWN (DAILY FRAME)
Gbpaud is a waiting game
If Price break above the support level and retest at 1.82642 we may see a long bias on it .
If price break below the current holding trendline and retest we may see a further drop to next trendline @ 1.73360 possibly .
Please note its not a signal just a assumption we may see what happen on daily closure patience game !
Its my first idea on tradinfview if u love it Please follow me and Like it .
