#gbpaud, professionals increase 4% long by last week positions, 6k long increase by last week. Commercials decrease 1% long positions. weekly chart forming higher high and higher low. 1.828-30 highly demand zone for buy positions. split your risk with multiple position i.e 1.8280, 1.8230 even 1.8180 as well with stop loss 1.8140. target is 1.8680. this is weekly...
The two reasons to sell this pair. 1st is the market has rejected its resistance." 2nd is the market has to obey its trendline of HH to HH.
Welcome to our Trade Setups - May 16th ( GBPAUD ) ! BUY GBPAUD ENTRY LEVEL @ 1.81361 SL @ 1.81054 TP @ 1.81974 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
As we can see that the market has rejected its major resistance and now falling down. Furthermore market has also rejected its HH trend line which is giving more confirmation of selling pressusre.
Expecting price to go up and hit the major resistance before continuing its way down
With over 200pips in our direction since my last publication (see link below for reference purposes), It appears we are at a juncture in the market that calls for another trading opportunity as the Bullish tendencies continue to build up from a Double Bottom structure. The British Pound to Australian Dollar (GBP/AUD) benefited as the first quarter Australian...
Possible Entry only once the 4H closes same bearish Evening Star and Retest the Imbalance zone created for Shots
▪️GBPAUD D1 Analysis ▪️Wait Fibo + Candle Closing Confirmation ▪️Wait SELL Signal Confirmation
GBPAUD - Buy Entry - D1 Chart Buy @ Current Market Take Profit @ TP 1 or TP 2 Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading...
I am looking at GBPAUD in this coming week with the focus to take a shorting opportunity on the pair. I am looking at the levels of 1.76855. I am looking to trade this setup at market conditions, price and at the bell. Let us see how things pan out in the coming days. PSA: This is not trading advice. This is not a signal. This is my setup and any trader...
The pair although trading in a clear ascending channel, it has got rejected from the resistance level and moving towards the support trendline from the rising channel. Opening short opportunities. *** If you like the idea, please don't be shy and click on the like button; also, comments are very welcome. | Thanks for your support!!! ***
higher high and higher low forming on daily bars, 1.8015 & 1.7970 demand zone for buy, target 1.8210
PoundAussie PA has been moving down nice and corrective on the higher TF. There are a lot of equal highs and equal lows forming, these will get swiped with all the liquidity above and below them. I will be looking for continuation patterns on the lower TF. The easiest way to trade GA is to dissect it into stages to make it more visible to see the patterns, The...
GBPAUD is consolidating, getting ready for its next big move. Higher time frames suggest it is starting to be bullish . I will be waiting for Key areas to get hit before looking for an entry. Lets see what NY session brings us.
Good Day Traders !! Daily : We have a "W" formation and we are currently at a strong level of resistance that was rejected by the market if you look at the wick of the last candle, the price seems to be going toward the downside again to continue it's weekly pattern. Now if you enjoyed this analysis smash that like button and share. If you have a different...