Bias: Bullish 🟢
GBPAUD is once again testing the lower boundary of a well-respected descending channel on the 45-minute timeframe. Price continues to hold above trendline support while momentum indicators are beginning to improve.
RSI is showing a bullish divergence with higher lows forming from oversold conditions, while MACD is stabilizing after a bearish phase and appears to be preparing for a bullish crossover. The current structure suggests buyers are defending the support zone and positioning for a move higher.
📊 Trade Idea – Swing Long
Entry Zone: 1.8750
Stop Loss: 1.8735
🎯 Take Profit Levels:
TP1: 1.8768
TP2: 1.8796
TP3: 1.8831
The setup favors a bounce from support toward the upper boundary of the channel. A confirmed move above 1.8780 could increase bullish momentum and open the path toward the higher resistance levels.
As long as the channel support remains intact, the risk-to-reward continues to favor the upside.
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FBMR Trading
GBPAUD is once again testing the lower boundary of a well-respected descending channel on the 45-minute timeframe. Price continues to hold above trendline support while momentum indicators are beginning to improve.
RSI is showing a bullish divergence with higher lows forming from oversold conditions, while MACD is stabilizing after a bearish phase and appears to be preparing for a bullish crossover. The current structure suggests buyers are defending the support zone and positioning for a move higher.
📊 Trade Idea – Swing Long
Entry Zone: 1.8750
Stop Loss: 1.8735
🎯 Take Profit Levels:
TP1: 1.8768
TP2: 1.8796
TP3: 1.8831
The setup favors a bounce from support toward the upper boundary of the channel. A confirmed move above 1.8780 could increase bullish momentum and open the path toward the higher resistance levels.
As long as the channel support remains intact, the risk-to-reward continues to favor the upside.
━━━━━━━━━━━━━━━━━━━━━━
FBMR Trading
More setups, updates & documented results:
Join my free FBMR Trading Telegram channel:
t.me/+5MMyc0_HQ9M3OGU0
📊 247 Closed Ideas | 192 Profitable | 78.05% Historical Success Rate so far
Join my free FBMR Trading Telegram channel:
t.me/+5MMyc0_HQ9M3OGU0
📊 247 Closed Ideas | 192 Profitable | 78.05% Historical Success Rate so far
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
More setups, updates & documented results:
Join my free FBMR Trading Telegram channel:
t.me/+5MMyc0_HQ9M3OGU0
📊 247 Closed Ideas | 192 Profitable | 78.05% Historical Success Rate so far
Join my free FBMR Trading Telegram channel:
t.me/+5MMyc0_HQ9M3OGU0
📊 247 Closed Ideas | 192 Profitable | 78.05% Historical Success Rate so far
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.