Expect 2nd and 3rd move up. Notice buying in previous move down (blue lines in chart and volume window)
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
GBPAUD is close to the lower range and also close to a resistance at which price got rejected twice in the past. A break out of either the resistance of a lower range will likely be followed by a strong 300-500 pip move in a couple of days (since its the daily time frame) Keep a close eye on GBPAUD and act when theres a break-out. I shall try to update this idea...
GBPAUD Long MACD Divergence Bullish reversal Candlesticks On Daily time frame
On the 4 hour time frame GbpAud is setting up for a nice flush down. When you look at the daily time frame you see this correspondents with the downward channel there that just bounced off from the upper range. Making it not only very likely that the 4 hour will move down but also that it will break the support (red line) Entry: cmp SL: 1.6840 TP: 1.6660 > 1.6470
Keep an eye on GBP/AUD, it might actually pull back 300 pips higher at it's most if this wave happens. This is an idea, make your own analysis, and once the move confirmed, invest properly. Happy trading!
Hi guys, this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level. We can try a lonog, with stops just below the low, target1 at .618 of the previoous...
Hi guys, this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level. We can try a lonog, with stops just below the low, target1 at .618 of the previoous...
GBPAUD Go Long Break On Moving Average.. lets go GBPAUD Please UP My target +70 Pips
Hi guys, few days ago we managed to get more than a hundred pips from shorting this pair. Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend. The RSI divergence down on the bottom...
Hi guys, few days ago we managed to get more than a hundred pips from shorting this pair (see attachment). Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend. The RSI divergence down on...
We have broken a major trendline in daily time frame and we just broke a flag on hourly time frame. this trade has a awesome ratio of 7.
We can see two PRZ and supportive trendline, where can GBPAUD retrace back to uptrend (EMA + MA are still okey for us) Keep eyes on PA and then go long! If it breaks structure and trendline, trade is invalid Don't forget to trade with proper RM/MM and caution Good luck guys
Hi traders!I hold a point:Good charts do not need more words to explain! Good luck! AB=CD
Hey Traders, I wanted to share my view on GBPAUD. We are about to end B wave so I am looking for a mid term trade from the end of B to the end of C wave. More than 1000 pips! Will be posting updates. - Hola Traders, Quería compartir mi visión en GBPAUD. Estamos a punto de terminar la onda B y mi objetivo es hacer un trade desde el final de esta hasta el...
If price breaks the downtrend, then 500+ pip jump over time back to previous resistance.
This will become a longterm trade, a nice buy setup is in play. Wait for confirmation before you enter. Good luck everyone