This is a lower TF breakdown of the perfect entry point for a short on Ga to take it down to gap fill. I also previously published a 4h chart that give longer term directional bias
As always stoploss, entry, and targets are provided live when we enter the trade on our end. Stay tuned to our pages. Keep in mind that it's thanksgiving.
Overshoot @1.88100 resistance up to @1.88400 over London session. right before our NY session, we had a rejection back under @1.88100 resistance on the 1H chart. I followed popular bias and shorted. 2 entries @1.88150. 30min prior support now turned resistance. Confirmed by the hourly chart. Currently up +25 pips. we've been waiting for sellers to take over...
Looking to SELL GBPAUD in SELL AREAS and to close positions in TP AREA. (30+PIPS) Trade Safe
GA has come out to the trendline for a 3rd touch, we have seem a little pressure breaking through but the price action looks more like a fakeout than anything else. This region has also been an important are of value and support for previous price. Those 2, as well as the fact that price action seems to be dying out and losing steam, indicates to me that we can...
GBP AUD Awaiting shorts down to 1.85000? Why? Trading below 50 & 100 EMA Broken Resistance Broke the Falling Wedge Formation Fundamental it lookslike we have a bit Silence with Brexit and after the AUD Interest Rate Decision a strong AUD.
GBPAUD After a huge rally, can see price currently running out of steam to climb further. Price currently doing correction Setup: SB +Re & ABC Confluence: BRN Equilibrium Zone Entry: Sell @ 1.8800, SL @ 18950 (150 pips), TP @ 1860(200 pips) Let's see how it goes.
GBPAUD Setup: SIMPLE STRUCTURE BREAKOUT Confluence: BRN CRS SR Flip Entry: Sell @ 1.8130, SL @ 1.8210 (80 pips), TP @ 1.8000 (130 pips)
Looking to SELL GBPAUD in SELL AREA and to close in Target Areas. Aiming to target 100+ PIPS. Enter on reversal candle. If price shows clear Strong Bearish break of price area 1.78600. Execute SELL. Trade Safe.
The Fibonacci's from the previous leg shows an opportunity to swing GA downward at this moment. In addition, overall downtrend is occurring on the daily chart where recently multiple candles formed a daily resistance giving more confluence behind this trade.
GA looks to make its 3rd bounce off the trend line into the highlighted zone. Enjoy