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Gbp-aud

GBP/AUD-4 hour time analysisHello everybody! -On 4 hour time frame i have noticed that price was retested on ascending channel's support line (blue line) and price didn't break trough that line. -Within 24 hours the price was moving strong in bearish direction and price formed strong down trend at lower time frames(2 hours,1 hour,30 min,15 min,...) -I believe that price will keep pushing in bearish direction because AUD is way more stronger than GBP so far. THANKS FOR READING! -If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support. -Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
by lCrn49
The GOVERNMENT BRAINWASH youFrom an early age the government have you brainwashed into a negative mindset (although they portray it as positive) They want you to do well in school, go university, buy houses with a massive mortgage and get things like cars on finance just so you get in debt and have to stay stuck in that low paid dead end job that you hate... Working to make others rich, and you dont even get to enjoy these luxury's as you are working all hours under the sun just to put food on the table... Sound familiar? Well break out of that mindset and you will break out that way of life, cant even call it a life... just surviving fits better. Basically you need to unlearn what you were taught, i can help you do that if you send me a message, i will kick that negative mindset of yours into next year. Now looking at the chart we can see a trend line thats been touched 100000000s of times so this will be weak and most likely break upon the next touch, we can also see a strong resistance level that also comes at the 3rd touch of a weekly descending trend line if you zoom out and draw that on yourself. So we are looking for bulls to push price upto resistance and bears to push price down from this level, only when price reaches resistance will we be looking for sell trades. Trade safely people.
Long
by CrazyCartel
GBPAUD 270120Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning. Please manage your risk-reward accordingly. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck. Regards: Pips Archery FX
Short
by Pips_ArcheryFX
1
GBPAUD | Possible Rejection by Ascending Channel's ResistancePlease support this idea with LIKE if you find it useful. Initiate Short. Entry - 1.90964 TP - 1.88973 SL - 1.91562 Reason: The price must satisfy three our conditions before position initiated. Being Rejected by Ascending channel's resistance or R3. Lose R2 or horizontal support level. RSI should be overbought (to confirm) Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial Advise.
Short
by Anpu