I have reason to believe price will go up some off the double tap of the Weekly Support Zone (brown) with two targets, second one being at the Resistance Zone on the 1 hour.
Perfect Wolfe Wave Pattern complete at point 5 with a shark harmonic pattern point c forming, we could wait to see classic divergence on stochastic before we enter a long with great R/Rhttps://www.tradingview.com/chart/3oA6jB0w/
Profit Targets: 1.81540 1.82310 1.82750 Stop loss: 1.8000 Have a nice day, Berk
GBPAUD has retraced to Fibonacci retracement level of 0.618 and seems like could extend to 0.5 fib retracement. this would create an ABCDE. Overall i am still expecting this to fall lower but this could be a nice retracement to capture some profit also See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
this pair is one of my favorites, it seems to always nearly everytime conform to the wave theories. hopefully you make sense of the above. i just thought i would share thanks and if you have other possibilities, let me know thanks
PLEASE LET ME KNOW WHAT YOU THINK LIKE, COMMENT AND FOLLOW :)
PS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
Hey folks, We have entered this beautiful intra-day 50/50 bounce (first pullback to the 50 EMA after 13/50 cross) Let's see how this plays out!
Hi guys ! Before a new week, this is an analysis on GBP/AUD (H4). The MACD and RSI are looking very good for a pump in the next week. There is a resistance around 1.8285, if this resistance is broke, the GBPAUD can reach 1.84685. This is a short idea, be careful ! Thanks for your time. Anthony
Today, the indicator "Kenji" on the daily GBPAUD chart generated a buy signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of GBPAUD is currently in the active uptrend phase (the area between the fast and slow average is colored blue). At the same...
Ascending Channel on H1 and H4 and Daily support is broken too so I'm expecting to hit TP1 1.75280 and then break and go to my final take profit 1.735
NOT A VERY GOOD RR BUT STILL HOPING FOR LONG.
i hope all of you got your best profit we are close to dominate on market
Given the strong bullish sentiment on GBP recently despite a slight uncertainty regarding BoE's rate hike on May, and bearish sentiment on AUD mainly due to the trade war happening between US and China, setting up a buy stop order near 1.85 with TP @1.90 and tight SL near last Friday's low @1.82. www.poundsterlinglive.com www.fxstreet.com Daily: Weekly: ...
Hey Guys, This chart is showing a strong up trend movement has broken out the resistant level. Hence, i believe this trade will have a minor pull back followed by a upward surge to the 0.618 level. T/P1 at 1.8365 T/P2 at 1.8878 R:R 4.9 Please don't trade more than 2% of your capital Cheers!