Short outlook for the next week Looking for the pullback and short trade safe
Possible ICI set up #EMC Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback. Looking for price to continue bearish at a minimum to the middle of the M Channel area. M = monthly
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. pullback could be in place but likely to look more to the upside and taking longs on pullbacks Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the...
EURAUD is currently within a channel. It's appearing as a 535 zigzag and we're anticipating a breakout soon. Safe entry will be break of the red trendline. Risk entry will be bounce off channel or a lower timeframe trendline breakout. We'll be targeting the fib levels but it could fall short or go past the fib so we'll be taking a cautionary approach to our...
EURAUD is setting up really nicely for a big 650pip move to complete subwave c of Wave B. We are currently in what appears to be a Flat correction = 335 breakdown. Trade idea: - Watch for price to come into the buy zone - look for reversal signs and put your confirmations in such as BOS or trendline break - enter once confirmed - Targets: 1.68 (450pips), 1.7...
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9315 Bias - Bullish Safe Stop Loss - 1.9282 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.9382 About Used Indicators: For more...
Take a look at our analysis for GBPAUD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.931. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.937 level. P.S Please, note that an oversold/overbought...
GBPAUD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPAUD Entry Point - 1.9354 Stop Loss - 1.9313 Take Profit - 1.9444 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The technicals are suggesting that GBP/AUD may be headed north. Yesterday the price the price bounced off WS1 support and we've seen GBP/AUD BEARS push the price back down to this level earlier today where BUYERS have again pushed the price away from this level. Its possible that we may see GBP/AUD BEARS attempt to push the price back to WS1 but other technicals...
Glossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** After tapping into the previous swing high and a strong impulsive move to the...
The AUD/NZD cross recently found support around the 1.0600 area after the Reserve Bank of Australia (RBA) announced its policy decision, sparking a reversal of previous losses. Currently trading near the 1.0640 region within a range-bound area, traders may consider long positions at discounted prices. The Australian Dollar (AUD) exhibited strength across multiple...
Weekly chart is respecting the bullish weekly fair value gap. DOL is the weekly swing high. We are seeing H4 bearish levels get disrespected today. I'd like to see these levels get retested and respected as bullish arrays to then look for m15 bullish displacement entries.
Looking at the GBPAUD pair, we can observe a sharp decline in GBP during today's session, supported by a strong AUD and weaker GBP. However, our stance remains unchanged; we anticipate GBP strengthening in the next few sessions. Consequently, we've entered a long position at 1.93800. Our stop loss is set at around 1.93300, representing a loss of 50 pips or 0.3%,...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Feb 26 Hello Traders, here is the full analysis. Price reversal going up, levels for BUY . AUDCAD long ! Great BUY opportunity AUDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
AUDNZD - Classic bearish formation - Our team expects fall SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry Level - 1.0720 Sl - 1.0746 Tp - 1.0666 Our Risk - 1% Start protection of your profits from lower levels ❤️Please, support our work with like & comment!❤️
GBP/AUD has sold off agressively since late Tuesday and now the BEARS are reaching exhaustion. On H1 the RSI is reading 17.19 so we are well into oversold territory. MACD is also weakening as the fast MA is poised to move above the slow MA which would be a sign that GBP/AUD BULLS are entering the market. However. WS1 pivot sits 14 pips under the current price...
Risky buys, although there was already a lot of liquidity and orders taken there might be some imbalance left. (minor imbalance - left bottom corner). There was no major POI to be mitigated under the imbalance. The safer option is buying in the 4H DBR. What do you think? LQP = Liquidity Pool DBR = Drop Base Rally Demand Zone