Please view the chart for more information on my analysis on this pair. Make your own prediction as to when you should get into the trade. I am only here to guide you, not give you every piece to the puzzle.
Looking for longs for the start of the week. CHECK OUT 2021 SIGNAL TRADE JOURNAL FOR INVEST BEYOND. docs.google.com
Happy New Year! It is another new year and we are beginning with a Bullish expectation on the GBPAUD pair as the Double Bottom structure guides us to a potential Higher high in the coming week(s). As at the time of writing the exchange rate for the pair is dangling around AU$1.77040 as we look forward to the appropriate price to buy the Pound Sterling. Tendency:...
4th February daily key reversal bar made a new low closed off the high, 9th February Inside bar range confined with previous bar range, 1.7830-1.7795 area for buy position, target 1.7990 and 1.8030
Good Morning traders. Today the is a lot of high impact news that could affect the GBP pairs but I am not afraid to enter ahead of all this. I forecasting this pair to fall and price to reach the previous low at around 1.7500 The pair has found resistance at at 1.8047 and price is below the upper Bollinger band. Short positions only Stop: 1.8047 Target : 1.7500
Been short this what seems like forever (and making lots of money!!) with still miles and miles to go - down! This is easily the 2nd best trade (Short) of 2021. Here is the long term picture;
This is at a big support level so looking to take a long position soon. MACD is showing on the daily that this is still bearish as it is below 0. I expect this to drop slightly from its current position, if it meets the support area marked in blue then that could be a good entry point with SL just below the lowest point of the support. TP is set at 0.382 Fibonacci...
As i can see this pair still trading in range and we will start buying once it make a confirm breakout if we see this pair on bigger TF then it is sowing that bulls are ready to make a new up move from and then we will trade this pair with a small risk and looking for higher rewards Friends push like and comments Follow us for updates
As we can see a flag pattern and TL test for bullish run. So we are expecting a long term bullish run after TRENDLINE TEST.
Disclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money...
GBPAUD, touches a very strong trend line! Watch out friends!
Gbpaud forming bottom aroung 1.7430. divide risk on multiple positions, use low risk add more on dip, probability to retest bottom 1.7430. initial target 1.7900. if opened multiple positions by dividing risk then partial hold with breakeven for longer term bull run.
Hi Traders, On the following confluences I like to Sell this pair. 1. Down trend. 2. Key Level (S/R zone) 3. Supply Zone 4. Bearish Pin Bar as price rejection and downward signal. Good Luck
As I can see this pair is testing strong support zone and price is still holding with bulls and we are buying this pair also on the base of GBP STRENGTH and right now this pair is testing weekly based support zone so we expected this designed Tp will achieve with a small risk and looking for higher rewards Friends support us to make it helpful for other traders...
As we can see, GBPAUD has failed to breakout of this supply zone with BULLISH momentum losing its strength as it heads towards this demand zone. For now, I will be expecting a rejection from this demand zone with a BULLISH movement potentially breaking the resistance level @1.7872. Price have yet to breakout of this resistance level but I will be expecting a...
We have 5 confluences on the graph: 1- Falling trend. 2- Respected the trendline. 3- Level 61.80% of FIB respected. 4- Respected the resistance in the candles of 1h, forming a bearish candle. 5- Head and shoulders So with all this confluences, I can short with a 1 to 5 risk reward. I enter in the 15min chart at 1.81540
price successfully breakout the trendline resistance structure and moved to the upside and currently, we are seeing price also forming a higher peak and higher trough series indicated that price on the uptrend movement. ideal upside target at 1.8352 resistance level **Disclaimer** the content on this analysis is subject to change at any time without notice, and...
We had little time to get the general trend in the daily chart, but in the 240-minutes chart, it was totally clear that a trend which has started in the range of 1.7469 has ended in the range of 1.8527, that is in the format of 5 waves. Also, the corrective movement is in the form of 3 simple waves that have completed in the range of 1.7934. Given these...