Bullish is in a good shape this time We would wait for (a) and (b) to completes Long is preferable . But taking short after (a) completes would be a low risk.
GBPAUD has reached important support zone which also act as 1.618 fibonnaci level, therefore we can wait for buy confirmation and use the 1.87640 target zone in the chart
Multitimeframe analysis (3-3-5) complete now a lower timeframe (3-3-5) 5 WAVE DOWN
its a swing trade, please keep in mind there might be a reversal close to the stop loss before it bounces up for good
GBPAUD Bias is bullish for me and I am waiting for that limit order to be filled in a few hours time. Much Volume is pumped out from the 0.7 extension level of price so believing in the upward movement of price as it has already defied the downtrend.
don't trade before BUY stop, if you get 20 to 30 pips kindly close, its good for investment 2% risks. if you wanna more pips fully risks for yours. we are only try to hit baby pips if you like this analysis, please support our idea by hitting the like button and share to your frnz. we will support start to end trading have a great trading!
Here is my setup for this pair with lowest R/R R/R: 1:1, 1:2
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello Traders here is a quick summary of what I am thinking for today’s trade. If you like this idea please leave a like. Plan A We are looking for a retest of this level and pullback to enter for a buy. About 60 pips for today. Plan B. We will wait until it retreats and then breaks the maroon support I marked to enter for a sell. However, price can change...
long term buy base on the big boy time frames . Price high likely making a retracement before another pump to the next target
Possible buy scenario to take out buy side internal liquidity. Nice one waiting for London session open.
We will be buying the GBPAUD after price has printed a doji candlestick on the daily while keeping in mind the overall bearish outlook printed on the monthly and weekly.
Sellers have had a clean run down with very simple breakout retail patterns, have the banks made it too easy for them? Or will they return to capture some of that fine liquidity? I believe we will see one last push down before we tread up aggressively for NFP. Let me know what you think in the comments below.
GBPAUD create hidden bullish divergence in daily! So its gonna bullish after continue momentum.
Price retraced to 23.6 on daily and stalled out at matching D extension, looking for potential deeper retracement. Retracement to 61.8 could be head and shoulders with daily 38.2 pullback. Looking for bullish break of TL on lower TF.
Our intraday trade got blown out of the water. Sticking witht the daily set up from three Sunday.
Interesting opportunity in this pair, we are approaching a big support that can turn this downtrend around, I would look for buying entries around 87750 but if this pair manages to close below this support we can see a big downside potential so if that happens look for a retest of this support that wiill be turned resistance and enter in a short.
Hey traders, here is the analysis for the GBPAUD. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.