anilmangal
Long

GBPAUD daily correction

FX:GBPAUD   British Pound/Australian Dollar
8237 44 184
Hello Traders, GBPAUD             is about to finish the daily down move. I am waiting for the breakout and consolidation to buy.
If you were in the webinar last Friday we looked at this pair in details.

Trade with care .
Thank you for your support .
I will be posting updates on this and much more so follow me for instant notification.
Comment: I notice a lot of charts been posted using only trend lines as I do and I would like to warn those who follow me, that the lines themselves have little meaning!!! It is more about the STRUCTURE!! So not the break of the line that indicates a buy or sell but the COMPLETION OF A PATTERN within a given structure!!
Comment:
snapshot
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Training : add to skype mangal457
thank you for the hard effort your doing
+2 Reply
anilmangal PRO MohammedAl-yagoub
thank for your support
+8 Reply
Right on man!
+1 Reply
anilmangal PRO BahaHamidi
Thanks.
+3 Reply
Thank you very much Anil...
+1 Reply
Thanks
+3 Reply
awesome as ever :-)
+1 Reply
anilmangal PRO FawadJawed
Thanks
+3 Reply
Thanks anil :)
+1 Reply
Thanks
+3 Reply
I've been waiting for this one almost for a month now
Great chart !
+1 Reply
Yes let's see if it breaks
+5 Reply
Simplify- anilmangal
Yes, i have a small poss at break even already. In any case, there is a big trade to both sides..
Good luck
+2 Reply
ready for a turn up?
+2 Reply
Thank you very much MR Anil i wait a singal and confermation to buy
+1 Reply
Great, same thinking
Long opportunity?
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BLKS BLKS
Possible
snapshot
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Great Analysis ! Keep it up !
+1 Reply
ready for consolidation and then take off (Y)
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130+ pips so far. Lets see if it takes off for a home run. Good luck and Thank you Anil.
+1 Reply
sbufx fxmillions
IS IT SAFE TO GET IN NOW OR WAIT FOR IT TO CONSOLIDATE?
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When I expect big moves in H4, daily or weekly; I usually enter the breakouts on hourly. Since I'm in a positive I have stops at BE and let it run. However, I think a consolidation is due soon and I might be taken out for BE. All the trends always consolidate at certain points. So enter on pullbacks/consolidation.
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Great Work Anil : )
When we talk about consolidation, should we view it as a process that happens on a four hour span or on faster time frame ?
Thanks !
Pietro
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It is still cnnot consider as breakout
+1 Reply
It is a clear breakout now
+2 Reply
nice chart Anil im in thanks :)
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Bullish divergence in play
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consolidaion going on .. time to add up and wait for the break out (Y) good luck all
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Excellent ! I wish i have seen this chart last week. Thanks
+1 Reply
Do you have any update on this pair now, Anil?
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legendary
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so can we buy now?
+3 Reply
sketchmaster PRO Kah Shiuan Chin
That´s a good question...
+1 Reply
speci7 sketchmaster
same question...
+2 Reply
i guess all eyes on BOE at the moment so placing a limit order will be a good idea :-)
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Nicemate PRO FawadJawed
I see a clear bullish H&S on the 4HR chart, with the right shoulder point forming right about now.
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FawadJawed Nicemate
As the rate is unchanged what is think is it is just in consolidation soon it will be flying.. Good luck to those who are long in it :-) (Y)
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mrdspa FawadJawed
Agree.. Retested the 4hr TL and soon expecting this to fly high.
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Thanks Anil, i`m speachless! Have 5 positions on their way to heaven :)) Have a great weekend!!!!
+1 Reply
nice !!
+2 Reply
Kjell PRO anilmangal
Ill take your course, just hope for an available chair in march!

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Kjell PRO anilmangal
How may I get the MACD 4C as you were using?
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This is just beautiful!!! Thanks Anil...
+1 Reply
Sir, i think we are now waiting for the breakout of correction in h4 chart, what do you think?
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