AUDGBP trade ideas
GBP/AUDPrice is consolidating from last week. My view is bearish for GBP/AUD. Imo it will give fake breakout and will trap alot of retailers. .it's my view..but I can be 100% wrong as well. Let's see||
GBPAUD long Missed this 30 min entry… in this first entry we are risking 55 pipes… in second entry we are risking 37 pipes…let’s hope for the Best…
GBPAUD Long 30min analysis…I missed this opportunity…clear picture for long…in first entry we are risking 55 pipes, I don’t prefer this entry…in the second entry we are risking 37 pipes…let’s hope for the Best…
GBPAUD History may repeat for GBPAUD. Technically am bearish.. keep strict SL closing above trendline(daily closing basis)
GBPAUD BEARISH VIEWGBPAUD may bearish… views are personal
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GBPAUD Sell trade opportunitiesGBPAUD Sell trade opportunities
GBPAUD has broken the Support trendline and closed below with a very strong Bearish candle its a good opportunity to take sell trade and the target will be the next support line
‘Always trade with Stop Loss "
GBPAUD may be bullish in a short periodtthe gbpaud may be upside at "1.72435" & "1.71972" and has a potential to go up
GBPAUD Daily Technical AnalysisTrading Ideas-
Short positions below 1.8006 with targets at 1.6897 & 1.6587
Alternative scenario
If price sustain above 1.8006 look for 1.8521 & 1.8829 as targets.
Supports and resistances
1.6897 & 1.6587
1.8521 & 1.8829
GBPAUD ANALYSIS OVER H4 CHART.Gbpaud running in downward trend, looking for short term Selling Opportunities in gbpaud.
GBPAUD Short BuyGBPAUD potential Buy Opportunity seen as a Inverted Head and Shoulders Pattern seen in 4H time frame
💡Don't miss the great buy opportunity in GBPAUDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.7433).
. 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 an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 56.
Take Profits:
TP1= @ 1.7582
TP2= @ 1.7746
TP3= @ 1.8030
TP4= @ 1.8178
TP5= @ 1.8392
SL= Break below S2
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Inverted Head and Shoulder pattern spotted in GBPAUDAn inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. An inverse head and shoulders pattern, upon completion, signals a bull market.
GBPAUDWait for price come to Buy zone.
Enter with minimal stop loss.
Before entering the trade DYOR.
