GBPAUD - INTRADAY - 09. APR. 2020Welcome to our daily trade setup ( GBPAUD )!
-
1 HOUR
Reaction from 1.98500 support zone
4 HOUR
Bearish market in a pullback right now, good long entries.
OVERALL
Market slowed down, expecting some bullish pressure now.
-
FOREX INTRADAY
BUY GBPAUD
ENTRY LEVEL @ 1.99570
SL @ 1.98680
TP @ 2.00870
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
Gbp-aud
$GBPAUD what’s up after the correction
The pair now is testing the 4H Up trend as Strong support , we should not forget that the red line for us is an SL for who’s gonna open Buy position , but the 1D trend is still a little far as a Principal support , for now in our vision , the pair is still in a positif way , Specially that we know that the GBP is one of the strongest devices .
Any Fake break will boost price bounce up.
Sell on GBPAUD after Hitting Resistance inside ChannelHello my fellow traders, hope you'll be making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
The pair is moving in Ascending channel from a long time now. As we can see that it has hit its channel resistance so as per our analysis it will fall till its channel support.
Let us know your views on this in the comment section. Thank you all.
There is a good news for our followers. We will be doing analysis on demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R.Lopes
GBPAUD Scalping Trade In Channel Pattern.GBPAUD is consistently trading in rising channel pattern since it has formed its last bottom. Also it is trading in only the upper part of the channel pattern and hence we might see a breakout of channel pattern if it continues with the same.
Like/Comment/Follow Us For More Idea
Note - Trade With Proper Risk Management System Only
Thanks
Upwards Regression Trend for GBPAUD [In-Depth]Regression Trends can be used in a way similar to parallel channels. The main difference is that there are upper and lower bands which are set a user defined number of standard deviations away from a base line. This is a good tool to use to determine when a price is unusually far away from its baseline.
Every time the price has increased in volatility, the price has gone up to the higher part of the regression trend very quickly, and slowly came down again. This behaviour is amplified in the current period where we have extreme volatility. The price has also gone up a lot, and will probably cool down now to the bottom part of the channel.
The second part is that we see that after the drops the price has always trended up significantly, and prepared for the next sudden spike in volatility. We can monetize this situation by waiting for the price to drop again, and enter a long trade.
There is suddenly a lot of noise at the current time as well. The price is clearly extremely volatile. If we look at the Average True Range (an indicator for volatility) we see it has spike up enormously. That's why I expect history to repeat it self, and we continue this channel in the way described on the chart.
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
GBPAUD - SWING - 31. MAR. 2020Welcome to our weekly trade setup ( GBPAUD )!
-
1 HOUR
Strongly waving market broke back into bearish shortterm trend.
4 HOUR
Sellers / Buyers indecision, great market to short at highs and buy at lows.
DAILY
Watch out for wicks taking out several holders, good short entries !
-
FOREX SWING
SELL GBPAUD
ENTRY LEVEL @ 2.00640
SL @ 2.03100
TP @ 1.96120
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
GBP/AUD 4H LONGGBP/AUD May rise 100+pips
Insight: Price moving in an ascending channel just below resistance at 2.0355 Price is likely to continue upwards and hit resistance before reversing to support at 2.0163
Intraday - 4H
Trade: Buy
Entry
Buy or Above 2.0259
Target TP: 2.0355 & 2.0646
Pivot and Support 2.0163
Alternative scenario:
Trade: Sell
Buy or Above: 2.0163
Target TP: 2.0044 & 1.9948
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0204). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 1.9967
TP2= @ 1.9745
TP3= @ 1.9528
SL: Break Above R2
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0204). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 1.9967
TP2= @ 1.9745
TP3= @ 1.9528
SL: Break Above R2