GBPAUD.10.CFD trade ideas
GBPAUD | Bearish PatternFORECAST: Price rejects previous resistance and making bearish wedge and FIBO also confirmed the rejection, EMA to give strong fall confirmation. The target we can expect 1.7640 & 1.7610
Many confluence confirmed DOWNTREND
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Let's see GBPAUD's next act (bullish)FX:GBPAUD
Here is what I assume to be GBPAUD's move for the next week: bullish
FX:GBPAUD
Possible targets:
1.84500
1.92750
GBPAUD : LONG OPPORTUNITY GBPAUD is looking for a great long opportunity, Higher timeframe supporting for the buy at the bottom levels, And GBP is strong in daily board. Sticking with risk management is the key!
GBPAUD : LOOKING FOR BUYING OPPORTUNITY!GBPAUD is looking for a great move to the upside at least to the top. GBP is strong in the board across the pair, Have lots of opportunity for this week!
GBPAUD to gain strength The pair has reached the zone which has acted as a support in September 2020 and also in July 2019. Last week because of Brexit news the pair opened with a bullish gap, which was acting as a support in previous week, but now the pair has filled that gap with double bottom formation and positive RSI divergence and currently trading above the neckline of the bottom.
The pair is trading in a bullish flag pattern on smaller time frame. and is expected to perform better.
Risk takers can take a entry now, safe traders can add only above 1.7765 for the targets of 1.79 1.80 1.8283 and 1.8450 with a stop loss below 1.7483
GBPAUD ANALYSIS FOR THE COMING WEEK.We see price rejection off the 1.748 area(a key area on daily timeframe) after the successful downward rally. we looking for the bounce back to 1.7830. allso have to be cautious of the downside below 1.748 area for the fake out before the main move to the target.
GBP AUD touch weekly trendline, so expecting swing to bulish. GBP AUD touch weekly trendline, so expecting swing to bulish. expecting swing and bulish. trade with your own risk.
gbpaud buy 1.7717I dont trade forex , but this one is best chart for learning ... its looks hell down , Buy at 1.7717 market price
💡Don't miss the great sell opportunity in GBPAUD Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.8012).
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 downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 33.
Take Profits:
TP1= @ 1.7862
TP2= @ 1.7787
TP3= @ 1.7694
TP4= @ 1.7500
TP5= @ 1.7292
SL: Break Above R2
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GBPAUD - UP - 1DAY 1. Inverse head and shoulder pattern formed
2. trend reveral continuation
3. overall symetrical triangle pattern also one comformation....
GBPAUD, weekly view on 10 Nov to 13 NovGBPAUD, after last week price slide down to 1.79 area, this weeks it rose from the strong support area, and the buyers are expected to come into the action , as price action analysis this pair expected to see 1.83 highers this week
