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Gbpaud likely should have more upside to come .Euraud has similar setup but will go for gbpaud instead.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
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The pair is building up a big come back. It's going to take some time, be patient. The reward is big too. I opened a small position and will accumulate if a see the pair trying to break the resistance. I don't want to miss the break up.
Hi guys,
I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe.
The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I'll update when I open a...
Welcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** Price is currently retesting a previous area of daily resistance and may retrace to the support zone highlighted. We suspect many traders will start shorting and market makers may push the price a bit higher to take out liquidity before a correction. After...
The Australian dollar has broken its downward trend against the Swiss franc and will continue its upward trend after the completion of the pullback to this line.
Looking for 30 to 50 pips on this during NY. it is a holiday so we will be conservative with our profits and just take what the market gives us today .
Possible break lower or push back up from 1.86?Shall wait for market's cue!
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Disclaimers:
The analysis shared through this channel are purely for...
Daily Trend: SELL
LP Sentiment: 44%
Looking for a pull back into the Sell-side imbalance area for a move lower. I would deem this a counter trend trade againts the liquidity providor orderflow.
Focus on seeing this setup happen in the London Session.
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Happy Trading
Mr Ionic
Hello everyone! GBP/AUD has closed below the previous support on the 4H chart. My TP will be all the way down at 1.74200, the SL is at 1.78550. Good luck with your trades!
Sorry I didnt have time to post my thoughts this morning. this trade setup was based on market structure appearing to be in a ranging setup
Risk to Reward 1.6:1
We have breached key levels for confirmation of a 1.7500 support retest, seen clearly on the daily. With this momentum the trend to retest is probable.
Please comment with thoughts and ideas!
