Short Position on GBP/AUD GooD Risk/Reward SetupShort setup on GBP/AUD with risk/reward above 1:3. Entry at 2.0200, stop at 2.0308, target at 1.9815. Good luck!
GBPAUD trade ideas
GBPAUD1.AB=CD is reversal pattran is complete.
2.Divergence at top.
3.Daily time frame bearish engulfing candle.
4.Also bearish flage at 1H TM
Sell stop 1.99974
Stop loss 2.01528
TP 1.98104
Risky LongsBecause we are closer to EOY, trading is generally more risky. But looking at longs on GBPAUD now.
Confluences:
- 2.00500
- 50 fib
- H4 SNR
- H1 Double bottom & retest on neckline
GBP/AUD Analysis – Wyckoff Method (2-Day Timeframe)GBP/AUD pair is currently in a strong key area. According to the Wyckoff method, close monitoring is essential as the price could provide a good setup for either a buy or sell opportunity.
A return into the green range could signal a selling opportunity, especially considering the December 18 candle, which showed strong selling pressure but lacked continuation. On the other hand, if the price closes outside the ascending channel, it may indicate a potential buying opportunity.
Traders should carefully observe the price action, candle structure, and volume dynamics to confirm their strategy. This setup aligns with Wyckoff's principles of accumulation, distribution, and trend reversals, making it relevant for those following volume-based trading or price action methods.
This is my personal analysis and opinion, not a recommendation to buy or sell.
GBPAUD Wave Structure Analysis with Multiple Timeframes- 4H swing is bearish => Currently is pullback.
- M15 swing is bullish.
We can look for buying opportunities up to the supply zone of the 4 hour frame. Then if the 15 minute frame gives a bearish reversal signal we can sell down.
GBPAUD SELL signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Pound Aussie shortBeautiful price action from the Pound Aussie signifies a potential short trade for a long period to take out previous lows.
GBP/AUD "Pound-Swiss" Forex Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/CHF "Pound-Swiss" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 1H period, the recent / nearest low or high level.
Goal 🎯: 2.05500
Scalpers, take note : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰 Based on the fundamental analysis 🗞️, I would conclude that the GBP/AUD pair is: Bullish
Reasons:
Interest rate differential: The Bank of England's (BoE) interest rate (3.5%) is higher than the Reserve Bank of Australia's (RBA) interest rate (2.85%), making the GBP more attractive to investors.
Economic growth: The UK's GDP growth (1.1%) is relatively stable, while Australia's growth (1.7%) is more dependent on external factors, such as China's economic growth.
Trade balance: The UK's trade deficit is a concern, but Australia's trade surplus is largely dependent on commodity exports, which are subject to price volatility.
Commodity prices: Australia's economy is heavily reliant on commodity exports, and a decline in commodity prices could negatively impact the AUD.
However, it's essential to consider the following risks:
Brexit uncertainty: The ongoing Brexit process could lead to GBP volatility and impact the pair.
Global economic slowdown: Weakening economic growth in Europe, China, and other regions could impact the UK's exports and growth.
RBA's monetary policy: The RBA's dovish stance and potential interest rate cuts could support the AUD.
Bullish Scenario:
Stronger UK economic data, such as GDP growth and inflation, supports the GBP
Commodity prices decline, negatively impacting the AUD
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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GBP_AUD BULLISH BIAS|LONG|
✅GBP_AUD is trading along the rising support line
And as the pair is going up now
After the retest of the line
I am expecting the price to keep growing
To retest the supply levels above at 2.0250
LONG🚀
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Review GBPAUD - Bullish Move - Dec 29th 2024 Review GBPAUD - Bullish Move - Dec 29th 2024
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By: Atlas aka Noble.Mike.Jamison
GBPAUD Potential UpsidesHey Traders, in the coming week we are monitoring GBPAUD for a buying opportunity around 2.01 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 2.01 support and resistance area.
Trade safe, Joe.
GBPAUD sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Watching and Waiting for a Trend line break on GBPAUDWatching and waiting for this pair to break this trend line on the H4 time frame.
Reasons I think price will break through:
- RSI was overbought on H4
- Bearish RSI Divergence on H4
- Bullish candles are getting smaller
What do you think?
*Also please remember these are trading ideas and not trading signals. Thank you.
GBPAUD - Corrective structure in developmentGBPAUD is forming a corrective structure within the HTF to indicate the next bearish move down. On the LTF we can see the developing structure is awaiting a 3rd touch to complete this bearish pattern.
I will look for an entry only if we get a reversal impulse followed by a LTF correction with targets to the previous swing lows.
GBPAUD Short Trade SetupPrice made an impulsive move lower from the high at 2.0300. And it's currently retracing correctively. We can also observe a previous liquidity sweep around the previous high at 2.0300 and a clear break of structure at 2.0060.
If we can get a decent pullback, we have a potential sell setup soon.
GBPAUD-SELL strategy Daily chartThe pair tried higher once again and failed. The regression channel shows potential to a medium-term return back to 1.9375 area. This will not be a one way move, but overtime this is the potential I feel.
Strategy SELL @ 2.0080-2.0130 and take profit near 1.9675 at first.
Strategic GBPAUD EntryGBPAUD is currently in a strong uptrend, exhibiting a classic pattern of higher highs and higher lows. At the current price, there are no signs of bearish divergence. The pair has already tested the 0.5 Fibonacci retracement level and may attempt to retest this area, offering a potential buying opportunity. It is recommended to position your stop-loss at the previous higher low, ensuring adherence to proper risk management practices.
GBPAUD: Bears Will Push Lower
Balance of buyers and sellers on the GBPAUD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the sellers, therefore is it only natural that we go short on the pair.
❤️ Please, support our work with like & comment! ❤️
GBPAUD buy setupHere at Burnt Candle, we are Bullish on a long term basis. On this particular chart, we are waiting for price to drop first into our area of interest to look for buy opportunities to continue the anticipated Bullish momentum.
Remember, clear charts better vision
The Bullish Surge of GBPAUD: Riding the Wave with EASY Trading AWith the recent insights from our EASY Trading AI strategy, I'm spotlighting a promising Buy opportunity on the GBPAUD pair. Current market dynamics and historical patterns suggest an entry price at 2.00683, aiming for a take-profit at 2.01501, while safeguarding positions with a stop-loss at 1.99966.
What fuels this bullish sentiment? Several factors come into play. First, the strategy expertly leverages historical data to pinpoint moments where market psychology aligns with key support levels, providing a robust foundation for this forecast. The AI-driven analysis examines market trends every second, enhancing the strategy's capacity to adapt swiftly to evolving conditions.
Moreover, broader economic indicators point towards potential GBP strength against the AUD, tied to monetary policies and economic outputs from the UK and Australia. This backdrop, combined with the precise entry and exit points offered by the strategy, renders this plan both strategic and evidence-driven.
As always, while the market is ripe with opportunities, cautious risk management remains paramount. Investors can further explore automated options like the EASY Bots or receive trade signals directly via Telegram for seamless integration into their trading workflow. Embark on this trading journey with us, calibrated for precision and success. 🌟
GBPAUD-BULLISH IDEAGBPAUD seems in bull run as it is pritning new HH HL retraced at 0.5 to 0.6 level .
GBPAUD potential sell setup & updateAs per our last analysis on GBPAUD we are still Bullish on the pair, however, we are keen to see price break below the 4h low to look for buy opportunities, currently I am waiting for price to push up to my area of interest so I can look for selling opportunities to continue price lower where we will eventually be looking for buying opportunities.
Remember, Clear charts better vision
GBPAUD Long ideaSorry for gone for little long. Looks like GBPAUD is still in uptrend. As simple and usual I used Fibonacci retracement to find a good spot to long. Risk Reward 1 to 3.5. Cheers let us see how it reacts on 61.8 to 78.6 area first 👌
