GBPAUD 23.12.2024Price mitigated Weekly POI, give us bos to downside on 4H. Price hasn't mitigated 50 fib level of bearish move. I consider new HH as a liquidity to be taken out before price will go to mitigate Daily and Weekly FVG.
GBPAUD trade ideas
GBPAUD 4HGBPAUD 4H📊
1. Trend- Bullish on 4H and Daily timeframe
2. Current phase- Retracement stage (re-accumulation)
TRADE APPROACH (Expectations)
1. We are currently seeing price move inside our weekly range that broke structure. Price is bullish and below our 50% Fibo level we have 2 demand zones + FVG that may inject more orders to refuel the current bullish trend. We expect price to open high and move lower towards our liquidity zones.
2. If price successfully accumulates enough orders to take out swing low as sellside liquidity, we will see more bearish momentum and trading zones (Supply zones will form) during the week distributing price downside targeting further further sellside liquidity until next unmitigated demand zone is met on the higher timeframe.
📈 Further updates to be posted later this week.
GBPAUD TF H4 Zone EntryD1 Bullish Engulfing very strong!!!
H4 have Demand zone two Zone
Zone Reentry : 1.99079
TP 1 : 2.00392
TP 2 : 2.02772
HAVE A GOOD DAY^^
Backtesting GBPAUD Feb 2024 (Pattern Separation)Here I have backtested GBPAUD Feb 2024. I am looking to train myself to see patterns and read messages from the market in order to sharpen my technical skills.
-1R Selling GBPAUDHello!!! this trade Is nice, let me take you through the pros and cons.
Cons:
A trendline with only 2 touches I don't even need to explain how silly this is.
I labelled this as supply which is very silly considering that there was no big moves after the breakout of this level.
Pros:
The pivot was on the right trade but this trade was forced.
Bearish Butterfly Pattern at 2.0287: Potential PullbackPEPPERSTONE:GBPAUD
The pair is currently forming a bearish butterfly pattern at the 2.0287 level, aligning with the 127% Fibonacci extension. This setup indicates a potential pullback toward the Fibonacci retracement levels, projected below 1.9850. This scenario implies a retest of the weekly fractal resistance, broken at 1.9884.
Bearish butterfly pattern forming at the 2.0287 level.
Suggests a potential pullback;
Pullback target: Fibonacci retracement levels below 1.9850.
Potential retest of weekly fractal resistance at 1.9884.
Signs of bearish divergence emerging on the RSI.
Note: Ensure proper risk adjustments and capital protection by setting stop-loss orders and managing position sizes accordingly to mitigate potential downside risk.
#002 NEW2 DCA GBPAUD UP TREND5D range, higher high higher low, strongest trending pairs.
I think I would DCA if price goes against me, but then there would be another new problem, when is too much dca too much and when should we say its too much and cut loss?
I'll need help Mr. Nick Shawn.
1725SGT 18122024
GBPAUDThe potential BUY scenario for the pair next week:
The pair is to be monitored as it approaches the designated BUY zones on the chart.
GBPAUD Massive Long! BUY!
My dear subscribers,
This is my opinion on the GBPAUD next move:
The instrument tests an important psychological level 1.9840
Bias -Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.9916
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
Fri 13th Dec 2024 Daily Forex Charts: 8x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 8x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a EUR/USD Sell, GBP/USD Sell, Silver Sell, AUD/CHF Buy, EUR/AUD Sell, GBP/AUD Sell, AUD/NZD Buy & CAD/CHF Buy. I also discuss some trade management. Enjoy the day all. Cheers. Jim
GBPAUDWe can attempt to buy GBPAUD from specified level as it make HL , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
GBPAUD BUY OPPORTUNITY.OANDA:GBPAUD
Gbpaud
Higher Time structure is bullish. 4H tf we got break on the upside with good bullish momentum. possible buy opportunity if it retrace back to 0.5 level.
GBPAUD also strong & breakout ready like GBPNZD & EURNZD
This one is travelling nicely in all of the high time frames.
It seems to be the Pound is strong at the moment. At least against the banana republic nation Aust. & the sheep nation NZ.
GBPAUD - SELLS COMINGLooking to enter swing sells on GBPAUS soon. Waiting for price to reach and react at my zone.
GBPAUD | Trade Plans Post RBA Dove TalkGBPAUD has rallied back towards highs bringing about the question of re-short entries.
Here's the tech/fund case.
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
GBP/AUD SENDS CLEAR BULLISH SIGNALS|LONG
Hello, Friends!
We are targeting the 1.989 level area with our long trade on GBP/AUD which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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GBPAUD-SELL strategy 12 Hourly GANN SQConsidering we are still overbought, but lesser then previously, it does not mean the correction is over. The low 1.9760s was good, but we did not trade lower levels for a while. It was very short lived. this means a second run is likely on the cards.
Overall, overbought RSI and also we are protected GANN resistance 1.9987 and 1.9845 support for now.
Strategy SELL between 1.9950-1.9985 (if higher the better above 2.0000) would be great if seen. Take profit near 1.9815 for now.
GBPAUD I Potential long opportunity after completed correctionWelcome back! Let me know your thoughts in the comments!
** GBPAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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