Huge RRR on GBPAUD sell on huge resistance after rejection on daily/weekly levels
Hello my friends, It's been long since my last post. I was waiting for a really good setup to come to me and finally have one. GBPAUD currently at trend line and MA-200 support right now. Using Elliott wave principles, we might be seeing this pair reverse to the upside as long as it hold above 1.8250. In my opinion we're at the rnd of wave-4 and will start...
Hey traders! Looking at GBPAUD from the higher timeframe perspective (W1) I noticed that the price is on a dynamic support and resistance which is also stacked with the trendline. From that point of confluence, I'll expect a bullish rally. To catch this move I'll be switching to the lower TF to look for long entry! What is your trading plan for GBPAUD? Comment below.
GBP/AUD Signal Market Buy: 1.83900 Stop-Loss: 1.83300 Target 1: 1.84600 Target 2: 1.85900 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.33
The British pound against the Australian dollar, reaching the bottom of its uptrend line in the 4-hour timeframe, should expect a positive reaction to the floor.
good luck traders . . . . . . . . great opportunity
Looking for possible trades from a supportive area on GBPAUD and positions taken on GBPJPY like I explained yesterday... Risk Reward is key to becoming a consistently profitable trader.
Bullish Indicators: 1) Support zone at 1.84164 Bearish Indicators: 1) LH LL 2) Resistance zone at 1.85595 3) Downward trend Plan A: One can take ling position on the bounce from the support zone at 1.84164. Plan B: One can take short position if pair fail to break the resistance zone or upward descending trendline.
With daily bullish candle we can expect H&S on H4 TF. Rejected from previous support can form possible bull trigger. Wait for confirmation. Good luck.
Price has rejected a weekly support level so this indicates to me we are looking at a retest I will be waiting for price to break my highlighted area and look for a retest of that before going long to the highlighted level of resistance
Hello everyone. My expectation for this trade. First a short and than it will go long for the rest of the month or so.
Hello every one Accoding to our last analysis in daily time frame that we shown on chart , the trend is in downward and when we saw that the 1st TP was broken with strength and close below them we are ready for the 2nd Tp in daily time frame Dont forget stop loss , and please check the chart in multi-time frame and take signal then take short position ( signal...
Taken a Long trade on GBPAUD on the 4H TF. lets see how it goes. I'm not a financial advisor, please take trade based on your own mm. take care guys
We can currently see price has retested the weekly resistance area that it recently broke out of, from here we can look to take long positions to the highlighted area if you like a long term swing trade or we can enter smaller posiitons setting TP at daily resistance levels
Prices are facing bearish pressure from the resistance zone at 1.8600 which lines up with the 50% fibonacci retracement and descending trend line. A pullback to test this resistance area presents an opportunity to play the drop to the next support target at 1.8420 support area. Ichimoku cloud is showing signs of bearish pressure as well.
GBP/AUD Signal Market Buy: 1.84600 Stop-Loss: 1.84000 Target 1: 1.85300 Target 2: 1.86530 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.23
My view/signal of GBPAUD . Potential long opportunity. After a successful short trade I posted previously I’m expecting the price to come back up to MPBA (Major Pullback Area) 1.88350 , after a clear break of PBA 1 (Pullback Area) . Entry is at 1.85048 . Stop Loss is below current low and below a possible pullback area (7th of July 2021) . Stop Loss ...
Hello eveybody According to our previous analysis about GBPAUD in 10 - 15 days ago we shown on chart sell zone area to take short and sell position until first Tp reached and this time if the candle of price close below the the lower shadow of the TP 1 area we can take short position too and wait until second target will reach And we should put our SL in the...