#GBPAUD BEARISH FORECAST GBPAUD: Top-Down Trading Setup
📉GBPAUD formed a double top pattern, testing a daily key level.
The price violated the neckline and closed below that.
I expect a bearish move now to:
1.9165
1.9135
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AUDGBP trade ideas
GBPAUD 5min Refine Entry #FOREX as we seen in the chat GBPAUD is mitigated 1hr bearish POI and 5 min refine entry is good
GBPAUDFOREXCOM:GBPAUD
Hello traders , here is the full multi time frame 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. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
GBPAUD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame 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. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading ❤️
Hustle hard ✅
#GBPAUD Analysis Friends its GBPAUD H4 Analysis, find the same, target may be vary according to market situations.
GBPAUD 4 Hour Analysis (18 May 2023)GBPAUD Trading Idea
1. Here we have to wait for any side break
2. Either KL1 or KL2 break we have to wait
3. Price is still in Ichimoku Cloud, so
if the price breaks KL1, also price covers
IM Cloud, we can go for long
GbpAud buywe can see here a buy opportunity for a good risk reward..
here is maket take inducement and break the demand zone (failed OB) and EGL.. lets watch how react the market at our final POI.. .
guys i hope u like my work .. plz motivate me from ur likes and comments if u finding analysis helpful.. thank
GBPUSD GBPUSD is making triangle go long if it brakes above and wait for retest and conformation. NOTE - dont go short
GBPUSD mostly selling chanceGBPUSD look like a reversal from here
Analysis your view on this
Education purpose
GBPAUD Price approach at area of value and made trend continuation pattern of break out of strong resistance once we take entry made pullback or any other confluence
GBPAUD is looking for continuation of uptrendCup and handle formation
which shows continuation of bullish trend
can be expected
GBPAUDPrice approach at area of value and made head and shoulder pattern and price break the neckline zone here selling pressure shows price can move down
Short On GBPAUD Sell Entry On GBPAUD
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Our Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Sell Entry On GBPAUD"
(1) Entry Price - 1.75244
(2) Stop Loss - 1.75894
(3) Take Profit - 1.73359
TIMEFRAME - 1 HOUR
Here I'm Going To Explain My Own Strategy Step By Step With The Help Of Word - "CEST - B" Where ,
"C" Stand For - CONDITION
(1) RSI For Long Entry - I Want RSI(14) In Oversold Area(30Level).
(2) RSI For Short Entry - I Want RSI(14) In Overbought Area(70Level).
(3) Candlestick For Long Entry - Need Bullish Big Shadow candle When RSI Is In Oversold Area.
(4) Candlestick For Short Entry - Need Bearish Big Shadow candle When RSI Is In Overbought Area.
(5) We Need Regular Divergence If RSI Is Not In Overbought or Oversold Area When Big Shadow Candle stick Form.
"E" Stand For - ENTRY
(1) For Long - Opening Price Of Previous Candle Of Bullish Big Shadow.
(2) For Short - Opening Price Of Previous Candle Of Bearish Big Shadow.
"S" stand For - STOP LOSS
(1) For Long - ATR(14) Of Bullish Big Shadow + Distance From Entry Price To Low Of Bullish Big Shadow + 2Pips Extra ( Spread).
(2) For Short - ATR(14) Of Bearish Big Shadow + Distance From Entry Price To High Of Bearish Big Shadow + 2Pips Extra ( Spread).
"T" Stand For - TAKE PROFIT
Take Profit Will Be 2.9 Times Of Our Risk Which Means If Our Risk On Single Trade Is 3% Then Take Profit Will Be 8.7% .
Risk - Reward Ratio - 1:3
"B" Stand For - BREAK-EVEN
(1) For Long - If RSI(14) Reach To Overbought Area We Will Move Our Stop Loss To The Break-Even.
(2)) For Short - If RSI(14) Reach To Oversold Area We Will Move Our Stop Loss To The Break-Even.
NOTE - Consistency & Discipline Is A Key Element Of Success.
GBPAUD SMC LONG ENTRY30 Min CHOC with Momentum, creating liquidity.
Trying to take profit towards the next supply zone.
Long On GBPAUD Buy Entry On GBPAUD.
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Are Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Long Entry On GBPAUD"
(1) Entry Price - 1.73036
(2) Stop Loss - 1.72416
(3) Take Profit - 1.74834
TIMEFRAME - 1 HOUR
Here I'm Going To Explain My Own Strategy Step By Step With The Help Of Word - "CEST - B" Where ,
"C" Stand For - CONDITION
(1) RSI For Long Entry - I Want RSI(14) In Oversold Area(30Level).
(2) RSI For Short Entry - I Want RSI(14) In Overbought Area(70Level).
(3) Candlestick For Long Entry - Need Bullish Big Shadow candle When RSI Is In Oversold Area.
(4) Candlestick For Short Entry - Need Bearish Big Shadow candle When RSI Is In Overbought Area.
(5) We Need Regular Divergence If RSI Is Not In Overbought or Oversold Area When Big Shadow Candle stick Formed.
"E" Stand For - ENTRY
(1) For Long - Opening Price Of Previous Candle Of Bullish Big Shadow.
(2) For Short - Opening Price Of Previous Candle Of Bearish Big Shadow.
"S" stand For - STOP LOSS
(1) For Long - ATR(14) Of Bullish Big Shadow + Distance From Entry Price To Low Of Bullish Big Shadow + 2Pips Extra ( Spread).
(2) For Short - ATR(14) Of Bearish Big Shadow + Distance From Entry Price To High Of Bearish Big Shadow + 2Pips Extra ( Spread).
"T" Stand For - TAKE PROFIT
Take Profit Will Be 2.9 Times Of Our Risk Which Means If Our Risk On Single Trade Is 3% Then Take Profit Will Be 8.7% .
Risk - Reward Ratio - 1:3
"B" Stand For - BREAK-EVEN
(1) For Long - If RSI(14) Reach To Overbought Area We Will Move Our Stop Loss To The Break-Even.
(2)) For Short - If RSI(14) Reach To Oversold Area We Will Move Our Stop Loss To The Break-Even.
NOTE - Consistency & Discipline Is A Key Element Of Success.
GBPAUDPrice approach at key support level and form hidden divergence expect Price to move up once momentum candleclose above green zone
GBP/AUD looking good for LongOANDA:GBPAUD
GBPAUD has broken out and is now currently retesting as I am writing. It is in an important level as it is a confluence of 1HR FVG and also 0.618 retracement level on daily chart.
#GBPAUD #forex #trading #swingtrade
GBPAUDThe GBPAUD pair has formed a descending channel pattern on the hourly chart indicating that the pair is in a strong bearish trend. The pair recently broke out of the channel to the upside and retraced back to the 50% Fibonacci level of the channel. This suggests that the pair is likely to move higher in the coming days. As such, we suggest going long on the pair with a stop loss below the 50% Fibonacci retracement level and a take profit target at the upper channel resistance.
