Is GBPAUD now in a larger range? On the Daily chart (right panel) you can see the wedge GBPAUD has been respecting until Tuesday when a large sell of caused it to close outside. After a flush down on AUD news Wednesday, it saw strong buying pressure which looks to be resuming today after a drop early London.
I'm now starting to look at the 30m range from 1.9060 to 1.9320 as the way to play this. There is a decent way to go before we get to the top of the range, but it could manage it tomorrow given the 21 day ExMo is 140. At which point I may look to buy a Put for next week, and trade the intra-day price action on Monday as a way to gain exposure to potential downside without having to hold the over night risk on a tradition position.
Overall well worth watching as the Aussie pairs have been moving nicely in recent weeks and we want to capitalise on that while we can.
GBPAUD
The same three correction waves, the possibility of the fourth wGreetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
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Let's mention a few opinions and ideas!
Based on mathematics.
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Keep trying and never give up.
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Three correction waves, now running wave (B).Greetings, dear friends. I hope you are having a productive week.
I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further.
I want to share my market analysis ideas based on the Elliott Wave Principle with you.
I am a fan of this principle and follow all the rules and guidelines for analyzing the market.
However, please note that my ideas are based on my personal experience and may change over time.
If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes.
It's important to understand that making an error in analysis is not a fault, but evading responsibility is.
No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get.
We analyze from multiple perspectives to consider all possibilities.
Let's mention a few opinions and ideas!
Based on mathematics.
I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future.
Thank you for your continued support, and I look forward to our mutual success.
Best regards,
Mr. Nobody
Keep trying and never give up.
Good luck!
GBPAUD CUP AND HANDLE PATTERNGBPAUD created a cup and handle pattern where it should look for a correction leg. We have noticed the bearish trend picked up formed with an ABC pattern showing a trend breakout over the recent bullish reversal taken place. Looking for a decent 100-200 Pips worth of profits.
GBPAUDGBPAUD is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is also the 50% fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could be 1.9420
What you guys think of this idea ?
GBPAUD H4 | Falling to support level?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.9380, which is a pullback overlap resistance that aligns with the 127.2% Fibo extension
Our take profit will be at 1.9209, a pullback support level. The stop loss will be placed at 1.9501, an overlap resistance level that above the 161.8% Fibo extension.
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EURAUD I Bullish Daily StructureWelcome back! Let me know your thoughts in the comments!
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GBPAUD ↗️Hello Everyone 🙋🏽♂️
🔴 1.90780
🟢 1.95050
🟢 1.97500
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GBPAUD - Look for a short ✅Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for a short. I want price to go a little bit higher to fill the imbalance and then to reject from bearish order block + institutional big figure 1.94000.
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GBPAUD Long/BuyAs seen in previous support key points made by GBPAUD in the last few months, we have seen the support get respected by the trend with more backing evidence the RSI has shown there is support on the moving average indicating we are bullish for the trend we are heading towards.
GBPAUD
Long/Buy
Entry: 1.92304
Stop Loss: 1.88905
Target:
TP: 2.04468
SWING TRADE
Risk: 2-5% of Capital
GBPAUD 18/10 MovePair : GBPAUD ( British Pound / Australian Dollar )
Description :
Rising Wedge as an Corrective Pattern in Short Time Frame and Completed the Breakout of the Lower Trend Line and Making its Retracement. Completed " 1234 " Impulsive Wave. Divergence and Rejection from Fibonacci Level - 50.00%
Entry Precautions :
Wait until it Completes the Retracement and Rejection
GBPAUD: “Break Out” Setup on “Momentum” Entry (37/100)System has identified a “BO” playbook setup and a potential “momentum” shift market entry during the third hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using certain pairs. The win rate and expectancy are unknown. Please do not take these trades.
GBPAUD: “Breakout” Setup on “Momentum” Entry (38/100)System has identified a “BO” playbook setup and a potential “momentum” shift entry during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using only certain pairs. The win rate and expectancy are unknown. Please do not take these trades.
GBPAUD: “Reversal” Setup “IB Momentum” Buy Stop Entry (37/100)System has identified a “REV” playbook setup and a potential inside bar breakup for a “momentum” shift buy stop entry during the third hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using only certain pairs. The win rate and expectancy are unknown. Please do not take these trades.
Best Forex Signals | Sell GBPAUD Target 1.9090The GBPAUD has shown bullish reversal candles on H4 and broken trendline on H1 timeframe. There is an unmitigated DOTS target at 1.9090. The expansion box and contraction box appeared on M15 to validate the idea that the GBPAUD is going to 1.9090 in the next move.