Gbp-aud
Ascending triangle pattern, GBPAUD close to breakoutHello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price is currently inside an Ascending triangle pattern. One can wait for breakout.
Let us know your views on this in the comment section. Thank you all.
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120 pips to the next level!GBPAUD is one of the pairs that make the biggest moves. Today alone the movement is 100 pips.
Yesterday closed above the previous level of resistance and tested the current consolidation under the triangle. The breakthrough is obviously very definite.
We expect this momentum to continue to the next level of resistance. There are 120 pips, which as we see can be reached today.
When it reach 1.8371, watch for the possibility of a breakthrough and continuation.
If you have any questions about this or another position, you can contact us!
If this analysis has helped you, then like, comment and follow us!
GBP/AUD Bullish Analysis🔸"GBP/AUD Bullish View" 4H Chart:
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🔸Price bounced at the Support Zone.
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🔸It has broken the Descending Trendline.
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🔸We can observe that it has been consolidating on a range for some weeks since the breakout. We are waiting for an upside move to confirm the bullish move.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
!! GBP/AUD Ready For Big Up (BUY) !! $GBPAUD CHART
Welcome Traders >> We Have Here Opportunity And Direction For $GBPAUD
! Frame : 4H !
! Tools Details On Chart !
♣️ Down Trend Line
♣️ POC Key Level
♣️ Fibonacci Area
📚 Vision : Waiting For Break Out POC + Trend + Fibonacci Area With 4H Candle And Enter Buy 📚
🔷 Take Profit Levels : 1.82000 / 1.83000
🔷 Stop Lose Levels : Close 4H Candle Down POC Price Line
!! Please Take care Trading Is Very Risk Don't Risk On Any Position !!
GBPAUD Long setupLonging GBPAUD at current price for a 3.6:1 RR risking 2% here (not should price internals start looking bearish or as if prices could retrace a big amount i will manually pull profits, this goes for all of my trades posted, once price is at 1:1 or market allows me to my stop loss gets moved to break even, i do not update this on tradingview just letting everyone know how my style is.)
GBPAUD - Long the Support.GBPAUD - Short term - We look to Buy
Broken out of the wedge formation to the upside.
A bullish reverse Head and Shoulders has formed.
200-hour EMA is at 1.8000.
The RSI is trending higher.
A move through 1.8150 will confirm the bullish momentum.
Dip buying offers good risk/reward.
We look for gains to be extended today.
Further upside is expected although we prefer to set longs at our bespoke support levels at 1.8000, resulting in improved risk/reward.
Our profit targets will be 1.8118 and 1.8169
Resistance: 1.8080 / 1.8100 / 1.812
Support: 1.8050 / 1.8037 / 1.8000
Signal Centre
GBPAUD - SWING - 06. OCTO. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Small bullish pullback, great short entries!
4 HOUR
Overall bearish market in pullback right now..
DAILY
Expecting prices to drop again and market to turnaround..
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FOREX SWING
SELL GBPAUD
ENTRY LEVEL @ 1.81120
SL @ 1.82620
TP @ 1.78960
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD ready to go? 🦐GBPAUD on the daily chart creates a nice impulse before retracing back to the 0.382 fib level.
Price on the 4h chart is consolidating in a tight range between the daily support and a 4h structure.
IF the price will manage to break and close above the minor structure we can set a nice long order according to Plancton's strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
GBPAUD running +200 PIPS / 3% gain using our strategy tool ! OUR STRATEGY EXPLAINED:
The entry price, SL and multiple TPs are shown on the chart.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.
The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.
This could be on your phone trading view app, or laptop of course.
The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...
What does this mean?
It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.
The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow.
We just have to do what Percy does.
Please see our related ideas below for more information to explain what we do and how it can help you.
GBPAUD breakout failure opportunityGBPAUD failed to hold above the 1.816 level. With this breakout failure, we're getting a good indicating that the trend is changing. Current entry as price re-enters below this level offers good momentum to the downside.
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.
GBP/AUD Fakeout + Bullish Move Expected🔸 WEEKLY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline but it could not stay below.
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🔸We consider that this pair has bullish potential towards the Resistance Zone in the long term.
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🔸Before considering a bullish trade, we are waiting for a break of the previous lower high that can be better appreciated on a lower timeframe.
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🔸 Will look for a lower timeframe bullish setup.
🔸 4H CHART ANALYSIS: