GBPAUD trade ideas
GBPAUD TRADE SETUP BEARISH✔ Pair Name: - GBPAUD
✔ Classic bearish formation
GBPAUD short time sell setup created. If your analysis matches it take a trade otherwise skip the trade.
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GBPAUD-No Clear DirectionIn the previous sessions the pair was under volatility move. After breaking the previous low gving confirmation of downtrend.
Currently the pair is consolidaing giving no clear direction of where the pair is headed. Support and resistance is marked on the chart. But as per my analysis the the consolidation will break down as it is bearish rectangle formation.
Trade plan:
Bearish bias is expected in the pair but have to wait for conformation before any trade can be triggered. Short position can be taken after S2 is broken while long position can be taken after breaking the R2 resistance.
GBPAUD ANALYSISLorem ipsum dolor sit amet. Ex quibusdam assumenda sit cupiditate recusandae quo maxime dolores At magni asperiores quo corrupti corrupti ut quia dolores ut voluptatem iusto. Aut officia atque id possimus voluptate aut veritatis ducimus. In dignissimos incidunt sit internos quos qui nesciunt voluptatibus sit molestiae doloribus ut eius quas et deserunt sunt. Qui amet voluptatibus qui laudantium aperiam qui ipsam quos et sapiente dolores non molestias expedita id galisum rerum qui similique aspernatur.
GBPAUD Possible Short Position BBMA OA ReEntry Zone Zero Loss1D - Re-Entry
4H - 50 EMA Rejection + Bollinger Band
Rejection
1H - Entry in MAHI
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Green Color Lines) in 1D and wait for possible reentry again
* 1:3 RRR
* TAYOR
*monitoring for 2 weeks
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
Gbpaud G paid for sell, after hiting a weekly resistance zone and breaking out of a trendline and retested a daily zone and a bearish engulfing candlestick pattern.
GBPAUD1.GBPAUD has made a 3rd touch on the support trendline.
2.The market is in an uptrend as it is forming HHs & HLs, So we buy GBPAUD because it showed us that buyers are in control the moment the H1 closed bullish as it moved away from the support trendline.
3.Lets Buy GBPAUD
GBP/AUD is going to drop around 1.93(8/16/2024)After completing a 5-wave EW impulse pattern, GBP/AUD correction has been started around the 2.00 zone. since then the price dropped until reached 1.933 where the previous resistance exists (which made it into support after breaking).
Yesterday, after releasing good fundamental data from AUD, the price started to drop again from 1.94100.
We believe the price will be going to make a new low and eventually reach 1.93.
Our technical view has been shown in the chart.
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Team Fortuna
-RC
(Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
GBPAUD Long Burgain HuntingGBPAUD Long Burgain Hunting
- Price is above 15 period Hull Moving Average
- Burgain Day entry
- R:R 3:1
GBPAUD Long and Short scenarioGBPAUD is bullish now on 1H time frame.
But It's downward on daily.
The price is just retracing to key level 1.9548.
After price reached the key level it will go down.
GBPAUD Possible Long Position BBMA OA Reentry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H and wait for for another POSSIBLE entry
* 1:3 RRR
* TAYOR
** wait for BB Low Touch in H1
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
4h RANGE inside LONG NY 20240814-15TYO4h RANGE inside LONG NY 20240814-15TYO
Day RANGE
WEEK RANGE
4h
RANGE
RANGE br uop then LONG (N dow)
MTF= day 4h = 60m N dow or 30m N dow L2
or
8/14 NY LONG swing
GBPAUD SELL to BuyGBPAUD may bounce back from Supply zone to a good demand zone for buy. We will look for both oppurtunities. Aggressive traders set limt orders while conservative ones will look for confirmation patterns at these zones for trade entries.
GBPAUD LONG IDEAGBPAUD is consolidating and it might breakout out of structure, wait for breakout confirmation before going long. Goodluck
GBPAUD - Long active !! Hello traders!
‼️ This is my perspective on GBPAUD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block. As well we have hidden divergence on daily and regular divergence on H4.
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GBPAUD - descending Triangle As you can see in the chart, GBPAUD is forming a descending triangle in the 4hr chart.
The Lower TF took an change in trend after the massive liquidity sweep. Now, 4hr is showing signs of the trend continuation pattern.
I entered the trade at 1.63900
Tp1: 1.93300 (The base of the triangle)
Tp2: 1.92650
Tp3: 1.91800
GBP/AUD BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
GBP-AUD downtrend evident from the last 1W red candle makes longs trades more risky, but the current set-up targeting 1.971 area still presents a good opportunity for us to buy the pair because the support line is nearby and the BB lower band is close which indicates the oversold state of the GBP/AUD pair.
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GBPAUD1.GBPAUD has made a break of structure off of the Bearish Pennant Pattern.
2.The price broke the previous Lower High of the Pennant, which shows buyers taking over the market.
3.Now we place buys and hold as per take profit.
Lets take buys on GBPAUD
GBPAUD - Bearish TrendGBPAUD Bearish divergence is formed on RSI, is it start of Bearish Trend?
Entry, Stop Loss & Take Profit are mentioned.
GBPAUD TRADING PLANThis Weekly FORECAST
Opportunity for GBPAUD. This setup is my trading idea/plan, if you want to follow: trade at your own risk (TAYOR).
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
GBPAUD (RE ENTRY) TIGHT STOP LOSS"All Time frame is still on an uptrend, 4HR is still respecting lows. FIB retracement at 0.618 level which is a respectable support level. Price should continue up. Use tight stop loss at 1.93076.
