We have a nice down move in this pair, so we will look to get in on a pullback on the Daily KS. This is an MA trade with a High probability and Good RRR.
Entry = 1.7884
Stop = 1.7909
Risk = 25 pips
Profit target = 1.7809
Reward = + 75 Pips
RRR = 3-1
**Once this trade is up + 25 pips, move your stop to breakeven and let it run
I would appreciate if you leave...
Looking for short if breakout 1.78579.
Wait for H1 swing to sell
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Daily Chart Explanation:
- Price bounced on the Support Zone.
- It is currently on a Descending Channel.
- Bullish Divergence on MACD.
- Price seems to have broken the Descending Channel.
- Potential to move up towards the Resistance Zone at 1.839 and, then, at 1.873.
Check out our Weekly Analysis:
Updates coming soon!
on of our premium signals on our telegram channel you can see that we spotted support and resistance on GBPAUD paien and after hitting our Resistance zone we waited for and engulf candle stick so we could enter the trade and as usual we put our stoploss at the top of the shadow we hade on our resistance zone and went for 100 pips target a little bit above the...
Welcome to DACapitalTrading weekly education setup of AUDUSD with two possible
Strong bullish reaction and price action on smaller timeframes.
Sideways moving market structure with several pullbacks.
Market in strong consolidation zone.
Expecting market to form new H4 Highs before heading back down...
Hello and welcome to my Trade Idea of the currency pair GBP/AUD.
Let's start with the Top Down Analysis.
Weekly: The weekly timeframe is bearish.
Daily: Daily is bearish too with a little pullback to the upside.
H4: On the H4 timeframe we see a bearish trend and the pullback in more detail.
30m: On the 30m timeframe we draw our channel and look for a...
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Strong bullish price action.
Price broke previous high, sellers should be taken out.
Next bearish wave should be forming now, good short entries now!
ENTRY @ 1.79750