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Gbpaudbuy

GBPAUD - SWING - 10. FEBR. 2021Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bullish price action and closure above main sr level. 4 HOUR Overall strong market structure in a bull market. DAILY Bullish market scenario after a short pullback, good long entries! - FOREX SWING BUY GBPAUD ENTRY LEVEL @ 1.78800 SL @ 1.78030 TP @ 1.79970 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
Long
by DACapitalTrading
59
GBPAUD, daily tf, double bottom setupHello my friends, It has been long since my last trade ideas. I haven't found a satisfying setup to trade yet that's why i don't post anything in the last few weeks. Today i finally found a good setup to trade which is GBPAUD pairs. As you can see price making a possible double bottom pattern and price already broken above the neckline. At the same time, GBPAUD broken above the descending trendline which has served as resistance since October 2020. The measured objective of double bottom is around 500 pips. Don't expect price to reach our take profit in a quick way. It gonna be a bumpy ride to the upside as well because there is horizontal resistance level on the way up. Buy GBPAUD 1.7820 Stop loss 1.7700 Take profit 1.8240 (4.2R)
Long
by HayatoDragonFX
6
GBP/AUD Making Correction, Long Opportunity ComingThis has been due a correction and it is now doing so. This brings the chance to look for a longing position. It is close to 0.382 Fibonacci, just below this could be a good time to buy as it aligns with structure. Need to watch the price action as it could fall to 0.5 Fib as well. Use MACD and EMA's to help judge when the mood is changing back to bullish. Target is set at the previous high of 1.80159. This aligns with previous support so it is meeting resistance here. SL is just below 0.5 Fib
Long
by olly48
GBP/AUD BUYThe price has been in a downtrend since October 2020 (Red trend line) and I'm expecting to catch the retracement move. I can see that the price is in an uptrend since January 6th respecting the blue trend line and has reached a major resistance level. I expect the price to fall back to the trend line, then expect it to continue the uptrend breaking the resistance until it reaches the downward Red trend line reversing the trend, indicating that the uptrend (retracement) has stopped.
Long
by wookyu2001
2