Higher time frame market floating down\ lower time frame we can back up to create resistance at this area. 1h time frame is we stay below and create bearish candle it would confirm the sell. best to wait for 15m 30m and 1h to create bearish form. great risk to reward setup. If we break above with bullish candles this would be invalid.
expecting market to touch below support level ,Aud seems to strong enough to get gbp down
Looking at the GBPAUD pair, we can observe a sharp decline in GBP during today's session, supported by a strong AUD and weaker GBP. However, our stance remains unchanged; we anticipate GBP strengthening in the next few sessions. Consequently, we've entered a long position at 1.93800. Our stop loss is set at around 1.93300, representing a loss of 50 pips or 0.3%,...
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...
GBPAUD The chart ono 15 mins and here is the bullish divergence seen in the RSI indicator so buy it now CHART ON 15 MINS BUY STOP= 1.93279 SL= 1.92658 TP1 = 1.93925 TP2 = 1.94571
Hello traders! We are looking for a bullish scenario because the internal trend is bullish and the price came to a demand where we are expecting a bullish structure on lower timeframe. After we see the bullish structure on M15-M30 i will look for a buy. Good luck and risk wisely!
GBP/AUD has sold off agressively since late Tuesday and now the BEARS are reaching exhaustion. On H1 the RSI is reading 17.19 so we are well into oversold territory. MACD is also weakening as the fast MA is poised to move above the slow MA which would be a sign that GBP/AUD BULLS are entering the market. However. WS1 pivot sits 14 pips under the current price...
As we can see market is in strong bearish market break his last zone and now retest and dip to the TP
OANDA:GBPAUD LONG position can be taken in the specified ZONE There is no position before the ZONE It has correlation with EURAUD, please trade only one
Technical analysis indicates that GBP/AUD is currently on the verge of a free fall towards 1.91700. Broken Uptrend: GBP/AUD recently broke below its long-term uptrend line, signaling a probable trend reversal to the downside. Head and Shoulders Pattern: The GBP/AUD chart is currently forming a bearish head and shoulders pattern, providing strong confirmation for...
Journaling my Trades - Keeping it Simple Will be updated again tomorrow.
Broken structure Looking for market to push down to next clear support area. lots of selling momentum Broken trend line would be amazing if we get a clear retest. Great risk to reward setup
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...