FullTimeTrader
Long

GBPAUD-one more long idea-along with the D1 trend

FX:GBPAUD   British Pound/Australian Dollar
1049 18 19
Market gives us opportunities in both directions, why not to take advantage of that?

I know some traders are strictly trend followers, this idea could be interesting for them.

Looking on D1 chart we see price near the ema 55 level and strong structure:

snapshot


Here on H4 chart:

AB=CD pattern

bullish cypher already filled

possible triangle unfolding

As always my recomendation, choose only one prefered GBP pair idea.

Best regards.
Great. I've been thinking of getting a buy position on 78.6%.
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Hello FT, do you see AUDUSD reversing at this point as well?
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Hello, it is highly probable but the structure is not very clear, we could one more leg or spike down, i would say chances are 70/30. Regards.
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griffin1989 FullTimeTrader
I'am looking to go buy in the longterm at 2.12764, what do you think?
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FullTimeTrader griffin1989
Long term im bearish looking at W1 and D1 chart. Right now i dont have a setup. Regards.
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FT below trend line is only one touch so is there a reliable way to took long over there
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nouman nouman
http://prntscr.com/8mfurb sir what about this trend line?more reliable what u think?
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Hello, the trendline is this case is just for visual help and can be adjusted. More important are the bullish cypher, the AB=CD and the EMA55. Regards.
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Another bulls eye! great trade!
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Hello, lets wait, right now we have nothing until first target is reached. Regards.
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nahidik PRO FullTimeTrader
Sorry I was looking at a different trade of yours on the other screen and got the two mixed up. I have confidence this will be a good one as well.
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hello sir and many many thanks about this chart because i was buying at 2.1620 so no it gives me big relief ,sir if first target hit then can i wait for next target or out with little profit please if u give me suggestion
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imtiaz.ahmad imtiaz.ahmad
no=now
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FullTimeTrader imtiaz.ahmad
when first target is hit, move Stop loss to breakeven and wait for the second target risk-free
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imtiaz.ahmad FullTimeTrader
thanks sir
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marcus123 FullTimeTrader
nice first target hit!
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What is your longterm bearish targets for this pair. Am going again with the .38 fib....any reasons you got we can go longer?
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ImoneyCorp ImoneyCorp
I only have .922 and from there I see it going up again to it's end target upward....
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