GBPAUD is falling towards overlap support and could potentially reverse off this level to drop lower. Sell entry is at 1.91997 which is an overlap support that aligns with 23.6% Fibonacci retracement. Stop loss is at 1.94217 which is a swing-high resistance. Take profit is at 1.89758 which is overlap support that aligns with 50% Fibonacci retracement. High...
I think USD will show us strength next week maybe with the FOMC meeting giving us a catalyst for a move. Also I am sharing a correction for my idea regarding GBPAUD trade from last video
**Stochastic RSI:** Stochastic RSI is a momentum oscillator that measures the level of RSI relative to its high-low range over a specific period of time. It is an indicator designed to identify overbought and oversold conditions in a market. 1. **Stochastic RSI Formula:** \ \ where RSI is the standard Relative Strength Index. In this context,...
Smart Money Concept: The term "smart money" refers to the institutional investors, fund managers, or sophisticated traders who are believed to have a deep understanding of the market and make well-informed investment decisions. The concept suggests that following the actions of these experienced and well-capitalized market participants can provide insights into...
Watch the FULL BREAKDOWN of this week's opportunities. We talked about some hacks, correlations and how to trade the news. I also shared what we will be focusing on this week, watch it and set your alerts so you don't miss them. If you enjoy, leave a LIKE and COMMENT, let me know what you think. GRACIAS!
I am expecting GBPAUD to drop heavily in the next weeks as we are seeing distribution schematic on daily chart. Disclaimer: Trading includes risk. Do your own analysis.
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...
Here's another longer term idea on this pair and I'm already involved. Aussie losing strength over a long period of time and has tried already 3 times to break out of a range and failed every time, we can short now and hold on until we see a 50% retracement from the previous bullish leg as demonstrated.
FX:GBPAUD Break and retest above at 1.90323 key support area of the 4h
looking for High liquidity grab zone (HiLQ) and Low liquidity grab zone (LoLQ), Our entry is at 23% fib retracement level, thats called LQprz point
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...
The price could continue to rise and pullback at the sell entry level. Sell entry is at 1.89829 which is an overlap resistance level that aligns closely with the 78.6% Fibonacci retracement level. Stop loss is at 1.90569 which is a level that sits below an overlap resistance. Take profit is at 1.87976 which is a swing-low support level. High Risk Investment...
GBPAUD LAST WEEK OF 2023 Review - Gbpaud still in a downward Trend we expect caught a few decent moves using supply and demand
Hey Traders, After the recent push in AUD pairs, there is much to be discussed. GBPAUD is no exception this morning. When to exit, when to enter based on price action and reading the movements of other traders/ Market participants alike. Watch for more.
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 is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.90568 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.89600 which is a level that sits under an overlap support and the 78.6% Fibonacci retracement level. Take profit is at 1.91880...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.