This is for LONG term. Use Minimal stop loss to avoid huge loss. Before entering the trade do your own research.
Confluences 1. Higher timeframe bias (Monthly- Daily) - Bearish 2. 4H broke the key level then retested it 3. Broke the trendline 4. 1H MA cross 5. Broke the 4H 50 MA TP 1 - 1.73000 TP 2 - 1.72000
Hi TRADERS this is my trade set up for the GBP/AUD GBP/AUD Is in a strong support area I, am looking for a rejection in the order block zone and will be looking for a buy only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this...
GBP AUD is in a long position Please, comment your ideas Thanks
Here is my view for GBPAUD on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello Traders, This is my view in GA on 1 Hour TF. GA has tested 200 EMA and it act as a Dynamic support. stay in touch for any updates. If You have another analysis,please let me know in comment section. Always follow a Risk management strategy. Good Luck buddies.
... what is basically "forever". Make this SHORT your 401k. (Right alongside the GBPJPY Short.) The simple fact remains that while the BoE is running a 120% debt load vs. it's GDP, the RBA hasn't even hit 50%, yet, and so it can basically keep borrowing til the end of time. Here is the Weekly; ... and the Daily;
The overall trend is bearish bias, in the meantime, however there will be a moderate retracement to the upside from 1.80794 (23.60%) to 1.84025 (78.60%) according to the 2nd Fibonacci sequence. From the retracement to 1.84025 (78.60%), the forecasted projection is set to be completed at (1.75766).
Daily we see 3 rejection candles turning into exhaustions 4HR we have a support being made with multiple rejection , buyers are too strong for sellers to keep going up Now we look to enter on the next HL on lower TF for a long position Next week markets potential seems very positive
Perfectly forming a Head and Shoulder as we wait for retrace to buy Long
We look to buy on retrace after rejections and double bottom
Recap from last week... - If you look at Daily , candlesticks have exhaustion area signaling the Market is not ready to reverse down quite yet - Its likely to Consolidate before breaking to continue to upside or break downward - One thing about GBPAUD and GBPNZD , when in consolidation, it likes to fake a break-out so be watchful - Its not advised to...