Hey guys, i expect this pair to be bearish after taking out the buy side liquidity
Share your idea in the comment section about this pair and let's debate Happy New Year, Michel_FRX DISCLAIMER: 1. Be aware this is not financial advice so trade carefully and have stop loss for sure 2. Past performance is not indicative of future results.
GBPAUD is making a triple top (bearish) Pattern. Once the trendline will be broke, we can entry short. Trade Details: Entry when : Trend Line Breaks Target 1 : 1.838 Target 2 : 1.810 Happy Trading :)
GBPAUD might be ready for the fall. Hopefully I'll enter at the order block area to bang all the pips on offer.
GBPAUD is has had a very strong run up to a significant level that has acted as an area of supply since August, with price only briefly breaking above this area once before quickly driving back down below it. RSI is overbought (>70) on the 12H, 6H and 2H charts and but has just had it's first sign of rejection out of this area. Expect price to see a correction...
Sell: GBP / AUD Sell limit: 1.89248 SL @ 1.89880 TP @ 1.88060 Max Risk: 2% (When calculating, do not forget about different spreads from Brokers) Leave comments or likes to keep our content free and alive. Have a good week to everyone It is not an investment recommendation
Many assume that more touches of resistance make it stronger, this is far from the truth. Since the resistance is so weak, I would like to see the zone breached. BUT first, we must trap the sellers by breaking the trendline. Once they have been lured in we can consider buying up into the main supply. 😍 Traders, if you have your own opinion about this idea,...
Looking for a nice 20-40 pips scalp on GA for NY session the day before new years.
price can go further up before reverse from resistance
Here is my view for GBPAUD on M15. The price should go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
I have a few conflicting signals. One is positive stochastic, and DARK MOON phase which suggest higher, but at the same time I have negative MA 10 vs MA 30 which usually is a strong sell signal, and also negative MACD. I feel SELL strategy to be the better risk reward scenario here. SELL current 1.8578 and very tight stop 1.8637 and profit order 1.8235 for now.
Looking for a possible short on this trade or for price to push back to key level (Green). *PLEASE TRADE AT YOUR OWN RISK* This is my analysis of what's to happen not financial advice. Good Luck traders!
I see a nice AMD pattern formed on this chart, as price (A) accumulated positions both on buy side and sell side on asian session, took out stops and trapped retail traders short (M) and right now should go above asian range highs because market makers probably entered their LONGS, another confluence there for longs is that we had good fundamental realease for the...
Here is the 1 Hour GBPAUD chart . This is a clear trend to see. downtrend motion, then it stops to consolidate sideways , before continuing the down trend motion.
Weekly chart - closed strong bearish engulfing 2 weekly candles. Could still some bearish for this week. Daily Chart - broke minor level of support came back around the area of previous resistance and rejected (could we come lower or potentially start raging?) Previous Daily candle - doji showing some indecision around the "minor" support which can now...
GBPAUD reached my strategy lvl on the 0%, retesting after breaking structure. Targeting the 100% of the IPA
As we open the week following the bearish weekly last week, we can see we are nearing the red supply zone. The purple line there indicated a imbalance from the weekly TF. Today being Monday i can expect the price to be moving in the opposite direction that it intends to from the rest of the week. If the red zone rejects, we can see ourselves pushing all the way...
let take a sell on GBPAUD.. you can enter at current market price when the market opens