Excellent risk reward ratio for this pair. Confluence with aud pair showing bullish strength.
this is almost a picture perfect of our primary knowledge of descending structure , LOWER HIGHS AND LOWER LOWS , a beautiful PATTERN - DESCENDING CHANNEL -structure HERE ARE MY MAIN BIASES FOR THE MARKET - SELLING PRESSURE - Here is my catch from this position we are looking for a chance for the market to head here at the previous lower high (resistance zone )...
We have shifted from a bullish market into a bearish one . However, price has begun to lose momentum which suggests to me that a retracement is likely. We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again. Do you like the look of this chart? Please, support this post with a like and...
Bearish bias on this pair with confluence level on a major trendline and double top neckline.
Hello guys According to our analysis of GBPAUD in here we are in near to 2nd target and if it can break this target and fall down , the 3rd target is near to us Being with us , and we will update the chart near the target Previous analysis : Good Luck Abtin
Huge RRR on GBPAUD sell on huge resistance after rejection on daily/weekly levels
hey tradomaniacs, technically we see a nice fakeout above trendline and so a good trap for buyers. Absoprtion took place and its more likely to see a falling pound vs the australian dollar during a risk-on-sentiment in stocks. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
Looking like a nice short setup, depending if this level is broken tomorrow
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.
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 and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - We have big push on downside. - EMA's give us SELL signal. - Fib level is reach and reject our 50.00% level. 💡 Why...
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...
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.
i don't think there's a need to complicate the chart. so i keep it simple!
This is my short trade on GBPAUD from yesterday afternoon. I'd been watching this pair for a while as it had a perfect L50, and the EMAs were very much short biased. I had taken a trade on this pair earlier on in the day that resulted in a 1.9% loss. Luckily for me I stuck with my short bias, and I turned out to be right. On this trade, I closed half my positon at...
Placing a sell limit at my entry area. For Everyone who does not understand my signals, make sure yo ALWAYS take some profit at TP1 and move stop loss to break afterwards if you are going to hold until TP2
In the 4-hour timeframe, the GBPAUD currency pair will fall to near the bottom of the trend line.