Please check the chart for the trade breakdown.
Hey tradomaniacs, welcome to another free trading-setup. GBP/AUD: Swingtrade-Preparation Notice: This trade could take a little while after the breakout. I personally don`t daytrade GBP/AUD with a tighter stop-loss as this pair can be volatile and choppy. If you are not ready to hold for a few days please stay out. :-) Market-Sell:...
nice setup for long opportunity, wait 4h candle to stop the trade.
Please check the chart for the analysis
take sell position for the next position
Please check the chart for the trade breakdown.
Hello traders, GBPAUD is close to our ressistance pointed out.. GBP pairs spiked up bulding bulliish momentum after yesterday news, we can see a chanel formed here at 1H TF. we are waiting for a respected indicator of our ressistance and trendline and a bearish candlestick pattern to SHORT.
Good situation for a Short Trade.
This pair has been in a long downtrend and has recently pushed up to an a supply zone. We may have an opportunity here to short this pair and potentially gain 4/500 pips on a 1:10 risk reward ratio if the longer term downtrend continues.
I recommend to buy the price is going up
Lower Highs & Lower Lows and a strong impulse to the downside confirming the breakout. Want price to start collecting liquidity, before a full move to the downside.
MY ENTRY: 1.79101 MY SL: 1.79460 (36 PIPS) MY TP: 1.78300 (80 PIPS)
Here I explain why I think we could see a nice move to the downside to around 1.77500 after we have seen a strong rejection 1.80000. Thanks for taking the time to watch. leave a comment if you agree, disagree or have any questions :)
Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : GBP/AUD ⚪ Technical Analysis : Since the 27th of January 2021, the price has been moving following an interesting ascending...