The first buy are is quite risky because there was no major inducement but it's still a pretty valid area to look for some buys. The second one would be pretty safe because excluding the overextenstion there would also be a major inducement. The target would be the low resistance liquidity are which is also a imbalance curve. Share your view in the comments!
Good evening!! Traders I hope all are having a profitable week so far. As you can see here GA is looking Bullish in the weekly timeframe. We could see it retrace a bit into this daily zone expecting it to continue up. Feel free to like and leave a comment!!
Price is retesting strong support again price is showing heavy rejection I am looking to go long
Based on the 4-hour chart, the current trend appears to be bullish, with higher lows (HL) and higher highs (HH) forming. However, a bearish divergence has recently formed, and now a new higher low (HL) is forming, we plan to open a long position during the retracement to 0.75 and aim to reach the most recent swing high.
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBP/AUD LONG "break of structure + 72%fib retracement "
GBPAUD is currently pulling back from the resistance level to the support level and 38.2% fibo level. Price tested the ascending channel border and bounced off it. The market is in a bullish trend, making higher highs and higher closes. We expect a trend continuation trade from the kill zone, support level, and fibo level. ------------------- Share your...
GBPAUD broke and closed above a key horizontal resistance yesterday. The price is retesting a broken structure at the moment. To buy the pair with a confirmation, watch a bullish flag pattern on an hourly time frame. Bullish breakout of the resistance of the flag will give you a strong buy signal. A bullish continuation will be anticipated then at least to...
Broke structure. london session volume pushed us back to retest this area. if we get bearish closure on 15. and 30. this would be a great sell opportunity. great risk to reward setup. market structure creating LH
GBP basket - the dominating single currency for this trade plan is Sterling (GBP). There are two fundamental aspects that I am looking to drive Sterling lower: • the United Kingdom has entered a technical recession. • we are seeing lower inflation data. From a technical perspective, we have formed a bearish Gartley formation on the daily chart. The intraday chart...
Broken trend line, usually GA price action loves to respect trend lines. if you place them properly. this will for sure go to bottom of trend line start. hopefully volume can push us down to TP great risk to reward setup. higher time frames we are melting
Broken trendline broke structure came back and retested created new resistance LL and LH. looking for a short down to initial trend line bottom of support.
GBPAUD price is near the 1.96515 resistance zone if the price cannot break through. It is expected that in the short term there is a chance that the price will go down. Consider selling in the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!
idea gbpaud long position analysis 1hr entry position 1.95150 stop loss 1.94850 target 1.96400
Manage SL during news time, intraday trade tp and sl mentioned not a financial advice
how did yo do analysis on gbpaud ? 1-general trend uptrend 2-determine zone support 3- rsi zone buying
Hello traders! Let me tell you why GBP/AUD, in my opinion, shifted to bearish. D1: - price breakout the previous low of the uptrend - price reacts from a supply that has an imbalance and changes the character of the movement (from bullish to bearish) - price reacts above fibo 50 - the last 2 candles are bearish and break the low of the 3rd candle (bearish...