Hello Traders! We play with Smartmoney concepts, that means that we look mostly on PA to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SM). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY to SELL for...
Keep an eye for long opportunity at best possible price that you could catch above trendline
I see lots of minor previous supports and predict price action to continue in its uptrend with slight drawdowns (pullbacks) next week.
Hello Traders, The price action is dictating to us that this pair does not want to turn and break the low, but instead a continuation upside is likely. We have broken the small trend line and are looking for a continuation pattern to keep going. Expect a move up to break the 1.8498 high and possibly even continue further to breach 1.861 / 1.865 range. Look for...
Overall direction = Bullish Entry @ 1.82820 S/L = 1.82660 (16 pips) T/P = 1.83737 (91 pips) RRR = 1:5
There was a break of structure @ 1.82921 (blue horizontal line) Being very conservative about our stops, only risking 17 pips to potentially make 108 pips. This gives us a RRR of 1:6, going to risk 4% of my account on this trade. (1% more than I usually do).G
Analysis team placed long on GBPCAD @1.6389 with 2 intra day targets on 3rd October, 2019: TP1 @1.6453 TP1 @1.6574
GBPAUD broke and retested trendline and its going to daily/weekly resistance up there. Very good RRR.
Analysis team placed long on GPBUSD @1.2263 with 2 intra day targets on 2nd October, 2019: TP1 @1.2283 TP2 @1.2306
Analysis team placed short on GBPJPY @132.525 with 2 intra day targets on 1st October, 2019: TP1 @132.307 TP2 @132.048
GBPAUD BAT PATTERN if u think this analysis can be useful leave like&Comment !
Missed our original entry this morning @ 1.77906 due to gbp always moving at 3 am my time.... re entries at our first key level have just been taken @ 1.78660, looking to hold until 1.82150 with our first tp @ 1.80128. Please message me for further details or any help and blessed trading! :)
As the GBP continues to slip, GBPAUD has started to as well. Technical analysis indicates a high probable move down.
D1 - Three higher highs, higher lows structure. H4 - Bullish hidden divergence followed by continuing divergence, trend line breakout. We may now start looking for buys with more bullish evidences.