A unified gartley is about to complete. It is seen by wpr(14,-20,-80), cci(14,100,-100), rsi(5,70,30), stoch(5,3,3,80,20), prex(12) and atr(30,2.5) swing identification algorythms. Oscillator wave confirmation algorithms (wpr, cci, stoch and rsi) are frequently used by Ellioticians, price-only swing identification algorithms (atr, pips and percent change) are...
GBPAUD just hit our target1 1.845 on this new Asia morning week.
This makes us 160 pips profit.
As usual, move your SL to entry and close half size.
Will more to come.
This is a typical reflection point on daily chart where price has broken the red trendline for last grand super swing up.
The new super grand swing down should go down for a long time till it...
Price is below the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and Great RRR.
Entry = 1.84710 (the Daily Senkou A)
Stop = 1.84910
Risk = 20 pips
Profit target = 1.8370 ( The Daily Senkou B)
Reward = + 101
RRR = 5-1
A signal for traders that trade with low leverage and great patience.
For the last time, we have seen a clear and steady upward trend here, and it will probably continue for some time.
Our target is 1.8800 This is a relatively long term signal with low risk
GBPAUD Bullish analysis
- previously we have descending channel form and push price higher after confirmation
- expecting a bulls to continue to push price higher after this descending channel into a MAJOR KEY LEVEL with double bottom as well as 61.8 confluence
- 200 EMA also acting as potential dynamic support
CONFIRMATION IS NEEDED IN ORDER TO GO LONG
Hello traders,
This signal was shared in previous week and it achieved all targets. Risk to reward ratio was also good.
Stay tuned for more signals
Good luck
The British Pound vs. the Australian Dollar. Due to its relatively higher interest rates and its correlation to global equity markets, the Australian Dollar is often referred to as a risk currency. Mining, which is Australia’s largest economy sector, has been negatively affected by a slowdown in the global commodity super cycle and a decline in China’s growth.
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![GBPAUD: GBPAUD SHORT [WATCH THE DROP]](https://s3.tradingview.com/e/EglGJNwd_mid.png "GBPAUD SHORT [WATCH THE DROP]")
