The Daily and 60 Kejun Sen's are above price. This is a Type 5 trade with a High probability and good RRR 2 potential entries: Entry = 1.8519 or breakout entry = 1.8477 Stop = 30 pips Risk = 30 pips Profit target = 1.8317 ( Reward = 202 pips RRR =
short at 1.8492, take profit and stop loss are marked on chart. share other analysis below. wish you many pips :)
M30 price hit the supply zone found support at 1.84920 tendency is upward
Whats up traders ! Here is a nice short entry on gbp/aud fx pair. Strong confluance : - Breakout & retest of blue trendline (6 previous retest) - Bearish channel - Double fibonacci level and resistance zone confluance. - EMA Crossunder + Stochastic momentum overbought combo. - Standard deviation My two targets are marked by flags. Good luck !
Head and Shoulders accompanied by falling volume. Going Short on this one!
ANALYSIS ON GBP/AUD PAIR: *-Price broke through the consolidation zone between 1.845 & 1.875 *-Price broke the trendline & retested it *-Full body closure below 1.845 which has played as a strong level *-Moving averages almost crossed *-On 4H timeframe we have a bearish spinning top Next destination on this pair is the 1.795 support level. Trade carefully...
daily looking bullish since found new low 1.8300 zone with strong rejection wick to upside.. and today showing daily bullish candle to upside momentum... i see Price will continue this bullishness to retest the 1.8530 wick which is liquidity wick to fulfill once again before seller coming again, As a seller, i want the buyers offer me the best price to sell, the...
The price is about to hit a resistance, which previously acted as a support trend-line (also its half-way the BB band, where rejections theoretically occur). Once the rejection is confirmed you may execute the Sell Order. Hopefully it will reach Fibonacci Retracement level 38.2 - 50 On the Fundamental side tomorrow (GMT+5), we got a hold in Australia Interest...
Analisis Tecnico: Mensual: - Rechazo de un nivel fuerte, 61,8%. - Vela envolvente bajista. Semanal: - Rechazo triple de un nivel fuerte. - Formacion de patron W Diario: - Rompimeinto de estructura de las velas. - Dos velas de rechazo fuertes en un soporte semanal 4 Horas: - Tendencia bajista, posible retroceso en camino, estar pendiente de scuando tomar...
For British pound and Australian dollar pair on one hour timeframe we can see Ascending triangle . The pair has recently reached its lower low on the four hour timeframe and it’s made its way to the upper side of lower heigh We are waiting for a break out from a resistance level which is located by 1.8475 once we see a breakout and a retest then we may look for...
We can see here GBPAUD has made new lows, broken the long term trend line and rejecting at the resistance zone to find confluence with the 38.20% Fibonacci level giving a sell indication. Confirmation for trend reversals: Trend line break Support/resistance break and retest Fibonacci level retest 38.20% - 61.80%
GBP/AUD has risen and retested our trendline which is also a perfect retracement to the 0.786 level. Monitoring price action and would like to see an MA crossover and counter trendline break for further confluence. Opted for the aggressive approach and a TP1 and TP2.