I believe we are in a squeeze currently. Price action has shown tremendous discipline up until today. Maybe I'm lucky, or maybe on crack, either way, I am having fun. Let's see what happens. Up or Down?
GBP/AUD 4H. Im waiting to any rejection for sell setups... - This is not sell or buy signal. Don`t trade with anybody else analysis or signals. - Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
The price perfectly fulfilled my last idea, and it hit target. The market fell from resistance zone twice before. It pulled back to it again after forming range. The price bounced off the resistance by forming an impulse movement. I think it might go down because the overall market is moving sideways. The price is at the range border and upper border of the...
There are numerous confluences that indicate that the pair may be going long Here's why; - Price is at a major weekly support level - There is an M formation and hence we are waiting for the restest of the neckline at 1.9125 - There is a strong closure break out candle on the 4h. It has broken past 1.9020 which is a major liquidity level. I am waiting for a retest...
rejection from R 1 sell limit bounce back from bullish trend line
The passing of the Queen has hurt many,yet again,her rule across the world is now. . .not much felt now ist. . . Only the love we've had for the English Queen remains. May we be washed with the falling pound down to 1.855- shire. The journey is set to commence after midnight to avoid swap charges all the way after dawn to the 1.855- shire. It is advisable to...
**Monthly Chart** This pair ranges between 2.0500 and 1.6000 levels since Sept 2017 as indicated by the monthly chart. Therefore, directional Bias is selling near the highs and buying near the low with confirmation from lower time frames. The last monthly candle closed inside the previous month's candle, which is moving into a narrow range. It is unclear where...
Hello there! I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market. Although I want to share my analysis with you, I want to emphasize that I do not...
GBPAUD pulled back to a psychological level at 1.91000 following the break and closed below it. Price action made a false breakout of the resistance at 1.92000 and a 50% fibo level. We expect a breakout pullback and continuation trade. ------------------- Share your opinion in the comments, and support the idea with a like. Thanks for your support!
Simple analysis With SMC & Trands I see that the price continues to go down from order block or also from imbaalnce have a good luck Leave a comment below if you have a different point of view or motivation to do better
We have a clear divergence in OBV. Price is under the red cloud and Chikou Span is lower than the price, So the price probably will go down!
I am currently monitoring sells on GBPAUD. There are many confluences that support my thesis. - Price closed back down on the monthly 1.9200 level. - Double top on the weekly - Price formed a bearish setup (lower low) on the daily timeframe and it didn't hit the -27.2 fib level. - It has retested a major daily level on the daily level and a rush of bearish...
This is my setup for GBPAUD for this week. GBPAUD is bearish, I'm waiting to see how price reacts before entering at any of those drawn areas and looking to short it all the way down to1.87000 1.87000 is an untouched 1W order block and has an imbalance that needs filling. CAPITALCOM:GBPAUD
Potential for a bearish pullback on the GBPAUD pair, which could lead to a price movement towards the support level at 1.80000 in the upcoming period.
on hourly chart, after bullish trend, GBPAUD is in sideways movement from last 15 days. For trading in such situations, Supports and resistances are marked on the chart.
sell GBPAUD from 1.9200 Take profit 1.8900 stop loss 1.9333
Draw on liquidity below, we have a nice two touch support level to sell at.
These are the trades I am looking to enter on GBPAUD in coming week. Please enter at your own risk.