GBPAUD printing an Ascending Parallel Channel i.e. Bullish EP & SL according to Dow TP1 & TP2 according to 1:1 & 1:2 risk reward resp.
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.87880 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.89107 Why we like it: There is a pullback resistance that aligns close to the 61.8%...
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.87666 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.89200 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...
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take a short trade on GBP AUD after breaking the major support of the rectangle pattern on the retest on 0.618 Fibonacci retracement, the current price is also below the 20,50,200 moving average which means the price is on the downtrend.
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.
A H&S top has been completed. The decline indicated by the pattern should equal the height of the H&S itself
Drawn from one of my better trading strategies. News, extremes, and broader techniques derived from my Secrets of Forex articles are at play. Buy, and keep buying into red. Close into green. It's made holiday simple. DSMA and DSR act as better targets. Always close within 4-6 range (on my chart time) if DSMA or DSR are not hit by EOD. Merry Christmas you filthy animal.
FX:GBPAUD came back to a major zone and forming a potential drop. If price closes as a bearish candle, I'm going in to target 1.89179 as TP 1 and 1.88068 as TP 2
My dear subscribers, GBPAUD looks like it will make a good move, and here are the details: The market is trading on 1.845 pivot level. Bias - Bullish My Stop Loss - 1.8675 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.8874 About Used Indicators: The average true range ATR plays an important...
GBPAUD Up. 61.8 Fib action. Making 1234 Pattern. Divergence. Long for 5x.
Dear Traders, gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time. If...
buy. come back buy around 1.87280 tp : 1.88315 stop : 1.8666 leverage : 1:100 2-3 % of account
AUDGBP is appear a divergien and it clearly indicate that the there is the reversal of the bullish trend
-GBPAUD SHORT ANALYSIS. -T&C's: Trading leveraged products such CFDs on forex and derivatives may not be suitable for all investors as they carry a high level of risk to your invested capital. Please ensure that you fully understand the risks involved, taking into account your objectives, risk tolerance and level of experience, before deciding whether to trade.
Overall bearish market, I am going to sell from the position shown, enough liquidity take for the market.
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Retracement
GBPAUD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPAUD Entry - 1.8733 Sl - 1.8619 Tp - 1.8977 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️