Gbpaudpattern
GBPAUD MArket Analysis with Entry Plan
Hi guys,
GBPAUD is moving in the daily channel and is the approaching the daily trend-line in a corrective manner making a trend reversal pattern that is a reversal channel of 4Hr time frame, it means that price is going to be reversed from this daily trendline , so watch price action in lower time frame for buy. good luck.
Check First Comment For Clear View.
Thenk You
Morshedul Munna
GBPAUD Short 2 Patterns at Confluence AreaGBPAUD Short Next Week as Shark on Daily & Butterfly on 4H TF Complete, As Well as 5th Wave on Daily Wolfe Wave Analysis. 6th Wave Target & 1st TP of 4H Butterfly Confluence Too! Waiting for Volume Confirmation. Stochastic Confirms with OB Area. TP1 & TP2 in Green.https://www.tradingview.com/chart/3oA6jB0w/
GBPAUD - UPDATED FOR YOUGBPAUD has retraced to Fibonacci retracement
level of 0.618 and seems like could extend to 0.5 fib retracement.
this would create an ABCDE.
Overall i am still expecting this to fall lower but this
could be a nice retracement to capture some profit also
See previous analysis
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GBP/AUD - 200 Pips Opportunity - Incoming DropGBP/AUD has currently a strong bearish momentum and by the looks of the 4H chart, it is without support (Weak and can fall more).
To catch this potential move, put your SL above the 4H 50 EMA.
Tip: Always keep in mind that what matters in trading is to be profitable on the long term and not the result of one trade alone.
Trade safe.
GBPAUD - SWING TRADE ENTEREDHey folks,
We have entered GBPAUD sell:
Price @1.82477
SL @1.83983
TP @1.80920
1% risk on this trade with a 1/1 ratio
Keep in mind, once price closes ABOVE 13 EMA on H4, we're going to take a scratch and close the trade.
Confluences on H4:
- M formation
- Massie divergence
- Baseline bounce (TDI)
- @ D1 Zone Flip
GBPAUD - Intra Day 50/50 Bounce (MARKETMAKERMETHOD)UPDATE:
We have entered this trade at 10:15 CEST at 1.81962 SL: 1.8220 TP: 1.81750.
Sell Limit at 1.82010 same SL and TP.
If price were to close above the 13 EMA we're gonna kill the trade and take a scratch!
Hello,
Quick setup analysis on GBPAUD.
This is my favourite Market Maker move.
We wait for a pattern to occur during London session, wait for the 13 EMA to cross the 50 EMA and then trade the first pullback to the 50 EMA.
Confluences:
- 13/50 cross
- 25 pip pullback
- Candlestick pattern (Railroad tracks)
- TDI below 50
Target will be 20-25 pips, stop at 1.8220
GBPAUD testing major resistance, watch for a reversal
GBPAUD is testing major resistance at 1.7974 (Fibonacci extension, horizontal swing high resistance, bearish price action, bearish divergence) and a strong reaction could occur at this level to drive price down to 1.7439 support (Fibonacci retracement, horizontal swing low support).
Stochastic (34,5,3) is seeing major resistance at 96% and a corresponding reaction could occur at this level. We can only see bearish divergence vs price signaling that a potential reversal is impending.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.