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Gbpaudlong

GBPAUD Forecast!! Looking Great!!!PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The same fractal patterns happen over and over again!! We could get some asian sweeps Monday and Tuesday.
by Jake-from-the-trading-Cartel
1
GBPAUD Big Movement Incoming...Previously for GBPAUD, we managed to hit our take profit price at the resistance level @1.8125. After which, I mentioned that a could be a potential breakout from that resistance level. Looking at the current price movement, I see a potential movement to the upside. It was not as one directional as we thought it was previously. We managed to see a bearish movement after the movement to the resistance level. However, if we are to look at the current movement, we can see constant rejection off our MA and EMA. What we managed to see is a higher low building strength for a potential breakout of that level, bringing price possibly to the next resistance level @1.8335. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
GBPAUD Long running 3%. Look at my last forecast of areas i was interested in for GBPAUD. I had two strategies in the one entry which is what I love, The asian sweep and My POI. The Pa could definitely turn here, we dont know where my PA is going. We just enter in high probability areas and protect our capital so we don't lose capital, you can make trading that simple and not over think it. My risk is of the table and I cant lose. I will target equal highs up the top. I would like a sweep of them first. Give us follow and a like for more upcoming forecasts.!!!
Long
by Jake-from-the-trading-Cartel
GBPAUD approaching 1st support, potential for a bounce!Price is approaching our 1st support, which is in line with our 76.4% Fibonacci retracement, 161.8% Fibonacci extension, and ascending trendline support. We could potentially see a bounce at this level as price continues to hold above the ascending trendline support, and a further push up towards our 1st resistance, which is in line with our 61.8% Fibonacci extension and horizontal swing high resistance. It is worth noting that the Stochastic indicator is also approaching the lower support level at 5.64 where it has reacted off before. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Long
by TradeGATEHub