GBPAUD; A very bullish outlook from the higher timeframe Hey traders!
Looking at GBPAUD from the higher timeframe perspective (W1) I noticed that the price is on a dynamic support and resistance which is also stacked with the trendline. From that point of confluence, I'll expect a bullish rally. To catch this move I'll be switching to the lower TF to look for long entry!
What is your trading plan for GBPAUD? Comment below.
Gbpaudanalysis
GBPAUDBullish Indicators:
1) Support zone at 1.84164
Bearish Indicators:
1) LH LL
2) Resistance zone at 1.85595
3) Downward trend
Plan A: One can take ling position on the bounce from the support zone at 1.84164.
Plan B: One can take short position if pair fail to break the resistance zone or upward descending trendline.
GBP/AUD SELL 4H 📉Hello and welcome traders to another trade idea with Fobian
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- We have big push on downside.
- EMA's give us SELL signal.
- Fib level is reach and reject our 50.00% level.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
GBPAUD , We are in Sell zone with ...Hello every one
Accoding to our last analysis in daily time frame that we shown on chart , the trend is in downward and when we saw that the 1st TP was broken with strength and close below them we are ready for the 2nd Tp in daily time frame
Dont forget stop loss , and please check the chart in multi-time frame and take signal then take short position ( signal like hammer or descending cover or ... )
Dont forget risk free your position and attention to money management
Last analysis in daily :
Be with us
Good Luck
Abtin
GBPAUD LongMy view/signal of GBPAUD . Potential long opportunity.
After a successful short trade I posted previously I’m expecting the price to come back up to MPBA (Major Pullback Area) 1.88350 , after a clear break of PBA 1 (Pullback Area) . Entry is at 1.85048 . Stop Loss is below current low and below a possible pullback area (7th of July 2021) . Stop Loss is at 1.84022 . TP 1 is at a PBA 2 (Pullback Area) 1.86960. TP 2 is valid if we break PBA 1 at 1.87548 . TP 2 is at 1.88350 .
PARAMETERS
- Entry: 1.85048
- SL: 1.84022
- TP 1: 1.86960
- TP 2: 1.88350
KEY NOTES
- Price could get back to the MPBA 1.88350 .
- TP1 is at a PBA 2 (Pullback Area) 1.86960.
- TP 2 is valid after a clear break of PBA 1 (Pullback Area) 1.87548.
Happy trading!
GBPAUD , 1st Tp reached , Are you ready for 2nd ?Hello eveybody
According to our previous analysis about GBPAUD in 10 - 15 days ago we shown on chart sell zone area to take short and sell position until first Tp reached and this time if the candle of price close below the the lower shadow of the TP 1 area we can take short position too and wait until second target will reach
And we should put our SL in the upper of the candle of the pullback ( After some rest we can know where we should put our SL )
Previous analysis
Dont forget stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
GBPAUDBullish Indicators:
1) Bounced from the upward trendline
2) Support zone at 1.86056
3) Bullish engulfing
Bearish Indicators:
1) Descending trendline
2) Resistance at 1.87723
Plan A: One can buy from here for the target of 1.88459
Plan B: On the breaking of upward trendline one can sell for the target of 1.85340 where the major support lies.
GBPAUD SHORTAs we can see, GBPAUD broke the lower trendline of a bullish channel on the daily time frame, There was a retest on the previous support level, we expecting a bearish continuation.
Those with smaller accounts might have to wait for the market to break the lower trendline before placing any trades.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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GBPAUD , Wait for another opportunitiesHello everyone
According to the previous analysis of GBPAUD , we take sell position in the box in multi-time frame and the market is exactly doing and moving like our way
We should wait until first target reach and then if the price can break down first target and close under the shadow of first Tp , After pullback we take another sell position
We will publish analysis of GBPAUD after the first Tp reach , Being with us
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This is the analysis in some days ago for taking position
Good Luck
Abtin