GBPAUD - TRADE SET UP - 30M CHART

Updated

Hey Traders, the boxed area is at a high of 1.9750 and low of 1.9650. I'm looking to BUY this pair at a discount targeting the liquidity below 1.9675. I will wait for confirmation before committing to this trade just in case price decides to break out lower and test the Fibs. Sells could be in play if that happens but caution here. Test of the highs is imminent in my humble opinion.
DIONNG

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Hey Traders, 06:00 approaching, get ready!!
HH made yesterday signifying a BOT. What's next? i believe a HL. SELL opportunities short-term(caution) but i'm looking to BUY this pair. GOOD LUCK.
DIONNG

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Hey Traders, entered BUY trade at 07:06.
Price: 1.96582
Stop Loss 1.96455
Liquidity swept from prior pullback low, entered without confirmation. Looking for another opportunity to get in WITH CONFIRMATION i.e higher highs, higher lows, COT.
DIONNG

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Still early. Looking for the HH on the 5 minutes.

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Hey Traders, usually when price turns like this at the 07:00 candle price heads to the upper range. Price also turned below the 5th September pullback price(liquidity sweep).
DIONNG

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Hey Traders, hope your catching pips now.
DIONNG

Trade closed manually

Hey traders, trade went up 45 pips and went south from 08:35. The Londoners have shown their hand. Price is looking bearish at the moment. Waiting for a break out to the downside with a retest(with wicks) to consider sells(Unless there is a liquidity sweep and price reverses with momentum). Observe the price action.
DIONNG

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"Break out" traders get the cookies.
Are you a Break out trader or a retest trader?

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Hey Traders, Yesterday saw GA sell off to the 61% Fib. Level. Breakout and retest of lower zone in play.
DIONNG

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Traders, price boxed in between 1.9617 and 1.9573(Asian session).

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Hey Traders, GA broke out of the boxed area during Asia session but started selling off at 05:45(pre-London). Price retreated lower until it broke out at 07:00. On the 5 minute chart there is a retest back into the area but then it continued its southern journey. Price started to consolidate between 11:00 and 14:00(NY session) at 1.9500 which was 20 pips lower than our demand area. Interesting that price took off at 08:00 04/09/23 at the same level. Over three hours we saw a shift, a COT(BUYS).
DIONNG

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DIONNG

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