GBPAUD SS Short + 97 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR.
BO Entry = 1.9228
Stop = 1.9253
Risk = 25 pips
Profit target = 1.9131 (the daily projected low)
Reward = + 97 Pips
RRR = 3.88 - 1
I would appreciate if you leave a comment or like as a thank you.
Have a Great week!!!
Allen
Gbp-aud
GBPAUD | Head & Shoulders + RejectionPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1.92350
TP1 - 1.91131
TP2 - 1.89521
TP3 - 1.88351
TP4 - 1.86717
SL - 1.92740
Reason: Price formed Head and shoulders. Was rejected by Ichi Cloud resistance.
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.
GBPAUD| Follow the RetracementPlease support this idea with LIKE if you find it useful.
Initiate Short.
Entry - 1.92623
TP1 - 1.87699
TP2 - 1.83027
SL - 1.94139
Reason: Price was rejected by Trendline resistance of an Ascending Channel and we can follow the retracement.
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.
GBP/AUD-Daily analysis-Hello everybody!
-On GBP/AUD we can see strong bullish movement and retest on ascending channel's resistance line.We can see example of bullish engulfing but will engulfing happen at the end of the day?
-AUD is very weak right now on daily base and GBP is strongest currency on daily base but on weekly GBP is very week,whole week GBP was weak and AUD was strong until today.
-We can expect nice move in bullish direction if GBP remains strong until end of the day...But that is just my opinion.
-On lower time frames like 1 and 4 hours we can see that bulls are in control and we can see lot of rejection on support line.
-WHAT DO YOU THINK ABOUT THIS SETUP? Please let me know in comment section!
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.
GBPAUD and the long HOME RUN!GBPAUD is in a really important moment, it's being acumulated but we need more acumulation before buy so we will wait a bit and we will also observe if the value can go a bit more down to get a better entry , there are a lot of confluences in our favour for example the the uptrend that needs a P3, fibonacci also could help us because if the value falls to 61% the entry will be excelent and one supply in 1.91100 that has been respected a lot of times.
So we will wait a little before the entry and let's catch this pips!!!
GBPAUD SS Short + 198 Pip PotentialPrice is below the Daily, 60 and 15 KS as well as the cloud. All of our 4 Horseman are aligned. This is a Type 1 trade with a High probability and good RRR.
2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position.
PB Entry = 1.9261
Stop =1.9286
Risk = 25 pips
Profit target = 1.9063 ( The daily projected low )
Reward = 198 Pips
RRR = 7.92-1
BO Entry = 1.9183
Stop = 1.9208
Risk = 25 pips
Profit target = 1.9063 (the daily projected low)
Reward = 120 Pips
RRR = 4.8 - 1
I would appreciate if you leave a comment or like as a thank you
Allen
GBP/AUD-Daily analysisHello everybody!
-On this pair we can see that price broke the ascending channel's resistance line before almost 10 days,price was moving in bullish direction and now price went back down to retest.
-We can expect 2 options to happen;
1.Price will test new support line and bounce off in bullish direction.
2.The breakdown will happen and the price will keep pushing in bearish momentum.
-On lower time frames we can see lot of rejections on support level but GBP is weaker than AUD so price may keep pushing down,...
-I will wait for more conformations to decide what to do.
What do you think about this setup? Please let me know in comment section!
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.
GBP/AUD-Weekly analysis-What to expect ?Hello traders!
-On weekly chart we can see that week started with strong bearish momentum,WHY?-Because AUD is very strong right now and GBP is very weak and AUD is pushing GBP in bearish direction.
-I have noticed that price is rejected on strong weekly resistance line(upper blue line)-if price stays above that line we can say that resistance become new support.
-We have 3 days until markets are going to close so we will see what is going on.Will price break that resistance and went bearish or the price will keep in bullish direction?
-I believe that price will push in bearish direction because AUD is very strong now on daily and weekly base.
-I will also wait for more conformation on lower time frames and I will wait to news what is going on with this pair.
-ALWAYS BE PATIENT ABOUT TRADING AND YOU WILL HAVE BETTER RESULTS!
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.
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.