Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
GBPAUD's support is quite enough to place a trigger for a buy for this week. The TDI indicator gives a strong upside for GBPAUD's buy going forward.
I could see a possible short for a beautiful 2.5:1. Now we just going have to wait for a reversal somewhere around this red zone.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe 1-4 Days Actions on - A – Activating Event Market will meet resistance in zone @1.858 - .... and fall to the 1.837. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.837 FX:GBPAUD Trade...
wait for price to cross 1.83413 and retest. short position details are marked on chart
Obviously im not shearing my indicators or all the panoramic view of my trades, im going to experiment more clean charts than ever. GBPAUD exhausted ready for a ride to 1.8250
Tenemos lo que es una tendencia bajista formando cada vez bajos mas bajos, el ultimo impulso que tuvo rompio canal alzista,para formar canal bajista, retrocedio al 70.5 del fibonacci punto exacto donde hago mis entradas, pero en esta entre un una noticia programando una orden sell stop cuando rompiera el 61.8, tengo un TP aproximadamente hasta 81500 (400 pips...
Since faield to retest the broken bullish trend to continue its dowside move and broke to the upside again ,here we can find a interesting multi timeframe channel that might provide a godo set up once the proper criteria is met until then my bias is neutral,in order to go long i would liek to see a break and close above the MP fib at 1.8600 but my favorite set up...
GBPAUD remains in consolidation at the key resistance zone. With price heading towards the lows of the consolidation at 1.8270 and if price breaks and closes below we could expect further downside from the market. If the market respects the lows we should see the market head back towards the resistance highs. With AUD strength looking more and more likely we do...
Brexit had been on the news for weeks and with uncertainty, the pound has been on a volatile swing, wacking traders left right centre upside down. However if we were to look closer, most GBP pairs are range bound while waiting for the confirmation of Brexit detail. As such, we have identified a range play for GBPAUD A long from 1.833 with SL 60-70 pips below the...
The Daily and 60 Kejun Sen's are above price. This is a Type 5 trade with a High probability and good RRR 2 potential entries: Entry = 1.8519 or breakout entry = 1.8477 Stop = 30 pips Risk = 30 pips Profit target = 1.8317 ( Reward = 202 pips RRR =