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
as you can see, the price move and make an ascending triangle pattern, it is the time for us to place a buy trade. wait for little pullback correction, and entry buy.
Looking at the 1,2,3 touch on the LTF ascending channel it increases the probability of the pattern to be broken and after that the HTF support is the target,after all that short we can now take a long at the HTF support as it will be doing a 3rd touch.
Hi everyone, GBPAUD played out nicely last week. For this week, prices remain under pressure, holding below the descending trend line where we could see a further downside to test our support target at 1.87110, in line with the -27% fibonacci retracement. A pullback to test the resistance at 1.88450, in line with the 50% fibonacci retracement presents an...
there are bullish candle after break the resistance zone, just wait for the correction and looking for buy entry, hope you got it.
price is now trying to brake wedge pattern. accept price will brake upside. entry will place after retracement complete or if 15 minit chart price brake wedge upper trend line.
Long position is taken. The price broke yesterday High and also it start the uptrend from a weekly level. R/R = 1:3.03
Incredible intraday swing that GBPAUD has left us, in HTF we saw that the pair is fully bullish there why we always look for setups to buy. The price reaches our point of interest, we see that there is good momentum in the area, we also have a break in LTF structure in favor of our interest and finally we define our entry POI and go upside!
Welcome back Traders, Investors, and Community! Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or...
UPDATE AND ADJUSTMENTS ON the hour time frame #GBPAUD. on the previous analysis the level anticipated if the price moved down was hit, and from there it pulled back up, now, is it a retracement ? before bouncing further down to the level on the chart? or will it move further up.Lets wait and see!!
gbpaud buy : Reasons : 1)breakout from the regression trend 2)same false breakouts in previous months as indicated 3)all my 3 ema lines indicates uptrend mainly the yellow line(secret configuration) so if it crosses 1.88800 place a buy trade fro 100 pips as indicated i decreased the number of pips from tp as it should surely hit the tp without false breakouts again
We expect to buy this pair GBPAUD because we are in a strong bullish phase until the gap above is entirely closed. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
GBPAUD daily timeframe is moving in an uptrend channel and is not in the higher high resistance zone of the ascending channel. A correction is expected to occur following the candle stick price rejection pattern formed yesterday before the bullish trend continues.
We have seen this pair continue to trend to the upside for quite some time now. Steady higher highs and higher lows have been formed along this trend and we'll love to flow with it. Since there was a bullish impulse move yesterday, we can expect some sort of pullback for another continuation. The marked area at 1.87500 was a previous area of resistance, and a...
RR: 1:3.72 GlennOaksFX- please like and follow. This entry is based on structure and structure alone…. 4 years of development.
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
Price has been ranging since beginning of April. Megaphone pattern identified at key psychological level 1.8000 Expect price to do one of two things. 1. Break out in bullish direction and reach Price Target 1.8250 2. Breakout in Bullish Direction and reach Price Target 1.7800 Let me know everyones thoughts. This is my take on GBPAUD. Waiting patiently for...