Currently sitting at support with descending triangle and RSI divergence
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.
s3.amazonaws.com Waiting for a good time to enter long on GA. Hopefully we get a clean bounce off 1.6.
FX:GBPAUD Safe Trades;
This will become a longterm trade, a nice buy setup is in play. Wait for confirmation before you enter. Good luck everyone
We look for BUY at the Rejection of the Channel Support for Wave C.
We may have a bull Bat pattern. I will look to be long from this area with a TP at 1.6720. I realized after I posted the first chart that the X point was in the incorrect position. I'm currently long from 1.60248. Good luck!
Hi guys, here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long. Stops below X, targets at the .382 and .618...
Hi guys, here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long. Stops below X, targets at the .382 and .618...
It appears we have a bull Gartley pattern with some confluence at the 1.0692-1.0685 area. I will look to be long from this area with a TP at 1.6155 and 1.6199. Good luck!
In the hourly chart, we can see price will test lower for a better entry before going long, the medium-long term aspect is a buy all the way to institutional level.The price is currently sitting on a key level and we shall see a nice ABCD pattern! this pair will give you a great amount of pips and it takes, time to reach to the level. Be patient and know when to...
we look for this pair to move down to support of 1.600000 once there we are looking for this pair to go long and break the trend line.. once broken we look for the retest and wait for the long move 1.750000 area or above that..
I see a double bottom near a strong resistance which means that price is preparing to break it let's wait and see ;) Order placed
Hi guys, candles are usually a reliable source. Especially when you use longer time frames to confirm patterns. The 1 hour GBPAUD has a classic reversal pattern. Back in the day when I only traded candles (and did pretty well btw...) this would have been a solid buy signal. I have other indicators telling me to buy this pair, but the candle confirmation does...