Gbpaudtrade
GBPAUD DAILY HIDDEN BULLISH DIVERGENCEGA has an ascending support trendline coming in for a retest with a big bullish hidden divergence backing it up. Looking for strength via your preferred methods before attempting any long positions is recommended and paramount to risk management. don't try catch a falling knife etc.
Highly recommend all risk be cut in 50% due to global factors which simply cannot be accounted for.
GBPAUD. Price will break through the support level.Hello dear traders.
The price of the British pound has reached the support level
and it is not going to stop there.
There is a high probability that the price will break through this level
and fall to its target.
Good luck to you.
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This idea does not provide the financial advice.
GBPAUD Market Outlook | Daily Forex Market BreakdownHello traders, please LIKE & FOLLOW, thank you!
GBPAUD is looking amazing. We pushed lower as we previously called in the last market breakdown. Now what I would like to see is some wicks below current support taking out any traders that are looking to take longs right now. If we can wick below support and see some clean rejections I believe we could start climbing back to the upside. Keeping a very close eye on this pair for the time being.
GBPAUD More likely SHORTWhat I see in this chart is quite interesting price bouncing nicely in nice bullish channel in weekly TF price touched resistance trend line which lets us to think about bearish signal as you can see price in playing around this area with some bearish pin bars with long bearish shadows, sellers getting stronger in this area, there is two possibility 1. price directly break support trend then pull back to make us enter this position or 2. price go to touch resistance again and make lower high and lower lows, then we can enter in lower highs. 3. there is highly possibility to price make lower high in about 2.0000 then continue to make lower low and lower high (I didn't put in my chart but still is possibility).
Lets which way price is going to choose ...
Just keep follow us, we will let you know where is the best to enter this setup.
Thank you
Good luck ( ;
Update on previous GA analysisin my previous analysis of GA, you would notice that i was bullish on it. I entered several positions, and was waiting for a pullback so that price could complete the inverted head and shoulder pattern, and i could enter with more entries. It appears that i was spot on lol
Is GBPAUD facing some resistance now?My previous GBPAUD buy idea gave more than 270 pips for traders who followed.
But, in the 4H Chart, is GBPAUD Facing resistance?
There is a Doji candle at the 100-Period EMA. So, if GBPAUD doesn't break the Resistance area, it may fall again to the Support Level.
If the resistance breaks strongly, then GBPAUD will reach 2.0105 easily.
GBPAUD Long IdeaHi traders.
Considering a long position once it hits the black region stated, if daily pullbacks still occur.
RSI could look to approach oversold region, helping aid a reversal.
This is just technical analysis . Do not follow this trade blindly!
If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas & perspectives on this pair. Buy or Sell and why? Additionally, drop me your charts for it, that'd be great so I can see where you are coming from.
Please drop a follow! I need reputation points!!
GBPAUD. Will the price consolidate at the support level?Hello dear subscribers!
The price of the British pound is now at the resistance level,
which means that it is likely that the price will begin to rise after this weekend.
However, since the beginning of the month,
the Price has been actively falling down from the resistance zone.
The price should recover and grow to the level of 1.98000.
Good luck to you.
If you liked this idea, please like and subscribe to my profile.
This idea does not provide the financial advice.