High confluence sell area with multiple confirmation:
- 61.8% Fib Retracement level
- Previous minor flip/supply & liquidity zone (Red Zone)
- Touch of bearish trend trend line
- Break & Retest of counter-trend line (Watch for bearish candlestick signals)
- Price has started to make lower lows and lower highs
Entry:
Wait for 3 or more confirmation with good...
The continuation of bearish pressures appears to be emphasized at the AU$1.89150/1.89550 area. Since late August 2021, it can be observed that price continue to reject this area as buyers find it difficult to push prices further. Following a continued rejection of AU$1.8950 which also makes a confluence at exactly 61.8% retracement of prior bearish momentum and...
A Breakout of channel negated my speculation on this pair as price continued to find new highs (see link below for reference purposes) and the appearance of a Double Top structure at this juncture in the market insinuates a risk of further decline if price successful breakdown Neckline @ AU$1.87800. Positive development unfolding as the Reserve Bank of Australia...
With over 600pips in our direction since my last publication on this pair (see link below for reference purposes); The price hit a peak around AU$1.85000 in June 2021 and has since then continued to find lower lows. The appearance of a Double Top structure on the chart is a very strong clue that hints at a reversal momentum building as we experience a significant...
Welcome to our Trade Setups - May 24th ( GBPAUD ) !
SELL GBPAUD
ENTRY LEVEL @ 1.82784
SL @ 1.83895
TP @ 1.78335
Max Risk: 1% - 3%!
Risk/Reward Ratio: 4
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Have a great week everyone!
With over 200pips in our direction since my last publication (see link below for reference purposes), It appears we are at a juncture in the market that calls for another trading opportunity as the Bullish tendencies continue to build up from a Double Bottom structure.
The British Pound to Australian Dollar (GBP/AUD) benefited as the first quarter Australian...
Despite moving over 250pips in our direction since my last publication; the Bullish tendency projected never gained significant traction as the price finally broke down the Bullish Trendline which also coincides with my Key level @ AU$1.80000 during last week trading session (see link below for reference purposes). As my previous Bullish bias appears to slip away...
GBPAUD has a potentail long if it presents it self. I will be waiting for a confirmation entry and more PA to develop. GA is not far of a big figure 1.7800. I will see how price reacts around here or if it drops further to my next Price of interest. Ga has filled the daily imbalance. Trade Management and consistency is the key to success!! Follow us for more forecasts!
GBPAUD short on a Monday. Daily target % reached. GA had a sweep of the asian highs and hit my area perfect before dropping. I had a B.e Trade a couple hours ago on GU. Had to refocus and and get set for GA, and it did exactly what i forecasted. Watch my previous forecast, Follow me for upcoming forecasts and trades for free!!!
My very first speculation this new year was on the GBPAUD and since this publication price has moved over 500pips in our direction as we finally experience a Breakout of AU$1.80000 as predicted (see link below for reference purposes).
It appears the major GBP pairs are taking a synchronic upturn following renewed confidence in the UK economy amidst reports that...
As i can see this pair still trading in range and we will start buying once it make a confirm breakout
if we see this pair on bigger TF then it is sowing that bulls are ready to make a new up move from
and then we will trade this pair with a small risk and looking for higher rewards
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As i can see this pair is holding a strong support zone on daily and weekly based so i am expecting it will achieve our Design TP's Soon
We are trading this pair with a small risk and looking for higher reward
Friend push like and comments i will be a great love
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GBPAUD has reached @ strong support zone and also GBP is trading above 1.36000 zone as we predit it will gain more
against US $ in our previous analysis friends we took this trade with a small risk and looking for higher rewards
Push like it will be ur great love for us and help other traders to caught some good entries in this market
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Happy New Year!
It is another new year and we are beginning with a Bullish expectation on the GBPAUD pair as the Double Bottom structure guides us to a potential Higher high in the coming week(s). As at the time of writing the exchange rate for the pair is dangling around AU$1.77040 as we look forward to the appropriate price to buy the Pound Sterling.
Tendency:...
As we can see this pair has reached @ strong support zone and we are
start buying this pair with a small risk and higher rewards
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