What I see is so clear, As you see we have strong support just bellow, we have Fib confirmation, MACD bullish. Time to jump in trade, by the time Im analysing already we missed some pips ... But lovely chart ... R:R 1:3.7 Any question DM or Comment
Daily trend is still bullish. Hidden bullish divergence on the 4h chart. Price at Daily trendline.
GBPAUD Long Setup 👉🏻 A pullback onto the recent levels of highs would be a profitable opportunity for a long setup. Few targets in place. This will only be valid if rejections are found. Price could also reach target without any pullbacks.
Looking for this to turn higher at the current support level. Keep an eye on MACD and EMA's and possibly 1HR timeframe as well for the point that this holds up before turning higher. Its possible to slightly overshoot the blue line I have drawn in around 0.382 Fibonacci before turning. Setting target at the previous high of 1.80100 for now. Need to see that...
hello team, interesting post London session setup looking for bulls to take control from this current demand zone
Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bullish price action and closure above main sr level. 4 HOUR Overall strong market structure in a bull market. DAILY Bullish market scenario after a short pullback, good long entries! - FOREX SWING BUY GBPAUD ENTRY LEVEL @ 1.78800 SL @ 1.78030 TP @ 1.79970 Max Risk: 0.5% - 1%! (Remember to add a few pips...
Bit late to this one unfortunately, was going to post about it yesterday but didn't. It has given up all its gains from last weeks spike and filled in most of the daily wick and is now turning back higher. MACD and EMA's have this pushing back up to resistance at 1.80235. From there wait to see if it can break above.
GBPAUD was in a longterm downtrend and has now seen rejections to go lower on monthly timeframe. On the 4-hour, we have an opportunity to buy here and aim to the upside. The small red zone could be a spanner in the works to push prices lower but otherwise, I would be aiming for the upper red zone as extended targets, should price action permit.
Hello my friends, It has been long since my last trade ideas. I haven't found a satisfying setup to trade yet that's why i don't post anything in the last few weeks. Today i finally found a good setup to trade which is GBPAUD pairs. As you can see price making a possible double bottom pattern and price already broken above the neckline. At the same time, GBPAUD...
See Signposts for key price action details.
The GBP/AUD has been ranging within the grey rectangle drawn. Last week once again the GBP/AUD failed to break above the resistance and reversed the price which is now at a key support area. I expect GBP/AUD to retest this support area and the show a reversal with price increasing until the previous key resistance level
I recommend to buy the price is going up
This has been due a correction and it is now doing so. This brings the chance to look for a longing position. It is close to 0.382 Fibonacci, just below this could be a good time to buy as it aligns with structure. Need to watch the price action as it could fall to 0.5 Fib as well. Use MACD and EMA's to help judge when the mood is changing back to bullish. Target...
Looking for 3 different positions to catch the impulsive moves on the Elliot's wave! Price is overall ranging (bouncing from support --> resistance) Steps we're looking for: 1. Price to respect the key level 2. Reverse into a uptrend 3. Break of key level then retest for a entry Move 1 Move 2 ...
Our updated GBPAUD chart further to our previous idea We expect a further rise to 1,836