jackmyattFX
Short

GBPAUD SHORT...JUST AWAITING FINAL CONFIRMATION TO JUMP IN :)

FX:GBPAUD   British Pound/Australian Dollar
2686 11 77
a year ago
GBPAUD             SHORT

-CURRENTLY IN DOWNTREND VERY BEARISH
-A B C AND D EXTENTION TO BE MADE
-MAKING HIGHER HIGHS AND HIGHER LOWS
-HOVERING AROUND THE 0.618 FIB RETRACEMENT
-MAS LOOKING TO CROSS TO DOWNSIDE
-WILL BE 3RD BOUNCE OF TRENDLINE AS YOU
CAN SEE FROM RED CIRLES
-TARGET 1 TIES IN NICELY WITH A FIB LEVEL AND KEY
MONTHLY SUPPORT AROUND 1.9900

THINGS TO BEAR IN MIND
-BE CAREFUL FOR THE BREAK AND CLOSE ABOVE THE
TRENDLINE AS THING COULD INDICATE TO ME A LONG
TRADE.

a year ago
Trade active: We still very bearish here.....be patient :)
11 months ago
Trade closed: target reached: I dont think this is going much lower at the moment il take the 1500 pips :)

Related Ideas

In terms of candle sticks also the doji been formed shows indecision in the market.....possible reversal.... we will see
Reply
WaveAlchemy
a year ago
Im already in this. I normally don't think a doji candle is enough for entry but given where it's happening and everything that has happened I think makes this a great opportunity.
Good luck :D
+1 Reply
jackmyattFX PRO WaveAlchemy
a year ago
Yes not just the fact its doji candle but everything else too, great risk to reward ratio tho could be mega pips good luck pal
+1 Reply
WaveAlchemy jackmyattFX
a year ago
I don't know if you're into harmonics, but if you are I think you'd like to know that we could be in a CD leg of a potential bat completion. So yeah on that note, the risk to reward is beautiful.
snapshot
+1 Reply
WaveAlchemy WaveAlchemy
a year ago
Let me rephrase that, 'we are in a CD leg' lol
+2 Reply
jackmyattFX PRO WaveAlchemy
a year ago
Ive never done my research in harmonics but I should and thats good news then :)
+1 Reply
NRicciardi
a year ago
I personally see this as a long. Good luck
+1 Reply
Prome PRO
a year ago
We have the same idea! I'll wait a CTL breakout in the 4h to enter this trade...OR if the price will break the TL I'll wait a pull back :)

Anyway... 3rd bounce? this should be the 4th as you pointed out from the red circles... and it's making lower lows and lower highs (in the daily at least) :)
+1 Reply
CharlieFx96
a year ago
Looks like a good selling point brother, keep it up!
+1 Reply
2.04100 cmp wht to do now ?
+1 Reply
JLJ002500
11 months ago
Well done
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out