jackmyattFX
Long

GBPAUD Long opportunity

FX:GBPAUD   British Pound / Australian Dollar
GBPAUD             Long
-Great Risk to Reward here
-Strong down trend here
-ABCD Structure posible in play
-FIB levels act as great targets
-Only entering this at the break and close on the 1h timeframe of the blue trend line
-Watching the MAs for the blue to move to the upside
-Key weekly support level of 1.9400 and psychological level is important if this holds, another confluence to long
-This could be a big move to the upside OR a retrace as shown by the arrows drawn
-Multiple targets important so split up your trades
-Eyes specifically in fib level 0.618 because look left price support becomes resistance
-Remember every moment in the market is unique anything can happen
Comment: Only entering at the break and close above the trendline on the hour 1 chart....because if you look if we break the descending triangle we could see even more shorts :) Don't jump the gun people :)
Comment: Shorts only for now
Comment: Keeps trying to break to there upside
nice analysis thanks
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out