Gbpaudbuy
GBPAUD LONG 200+ Pip Potential-4H/1H candles closed with bullish momentum.
-Nice bounce from 1.9225 level
-Showing signs of a buyers coming in
-Short term up trend confirmed with a Higher low
-Expecting to break and then retest structure at 1.9375 level before continuing on the upside.
-EMA Crossover
Remember to move your SL 5 pips above your entry when price has formed another Higher high.
You can then look to scale another position at the retest of the next structural levels.
Drop a like and your chart or comment below! Lets see your thoughts/concerns and lets make some money!
Peace and prosperity to all
Forex Forecasts: The buying scenario on the GBPAUDThe Australian pound is moving sideways on a 4 hour frame, which constitutes a possible consolidation area to start buying.
A break through the upper part of the Wyckoff gathering area at 1.8513 is a good opportunity to enter a long position.
But if the price returns to the bottom of the consolidation area, it is an opportunity to enter early buying from 1.7714
GBPAUD, 4hr tf, buy bullish flag breakoutHello my friends,
It's been 3 days since my last post.
I was resting my mind from trading because i was on losing streak on Monday.
Right now, i am feeling so fresh and ready to hit the market again.
I got so many setups for you today and i will share it for you everyone.
Please give me a thumbs up and follow me for my next update.
First is GBPAUD pairs, as you can see there is a bullish flag forming and price already broken above the the resistance.
We could see GBPAUD continue north and the measured objective of this bullish flag is around 1.8390
Buy GBPAUD 1.8145
Stop loss 1.8100
Take profit at 1.8370 (5R)
RR Ratio 1 : 5
Use only 1-2% risk
Good luck
Upside potential on GBPAUD provided price holds above 1.814Over on the daily, we see price leaning towards the upside.
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.
Planning a second attempt at GBPAUD as price recovers
Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions.
GBPAUD - SWING - 10. NOVE. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Very bullish price action..
4 HOUR
Close and pressure above main sr level.
DAILY
Expecting further upside movement, good long entries!
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.81810
SL @ 1.80270
TP @ 1.84170
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
GBPAUD, 4hr tf, buy an inside bar pattern at EMA-200Hello my friends,
For today i am taking a buy position for GBPAUD pairs.
I found an inside bar pattern on the 4hr timeframe which usually a continuation pattern of current movement.
This inside pattern looks like a bullish inside bar as it occurs exactly at EMA-200 support and it formed at the upper half of previous candle body.
You could also see that price moving inside downward channel for 3 days and i think we could see price break the resitance soon.
It could be because GBP might gain some strength from fundamental issue such as BREXIT deals.
If you wanna buy it from here it is up to you, i myself already bought this pair from 1.8045. I am late to post this because i just get back home and got time to posted it here.
Buy GBPAUD 1.8045
Stop loss 1.7950
Take profit 1 @1.8140
Take profit 2 @1.8235
RR Ratio is 1 : 2
Use only 1-2% risk
Good luck
Disclaimer : I already buy GBPAUD from 1.8045
GBPAUD, 4hr tf, buy above the kumo cloudHello everyone,
I hope you all enjoy your weekend.
Today is a new week and i hope we gonna get a great trading week.
My first trading plan and setup for this week is GBPAUD pairs. I saw a potential for this pair to move higher once again as all the confirmation needed for this pair to go up is fulfilled.
1st confirmation is price above the kumo cloud
2nd confirmation is kumo cloud color are green
3rd confirmation is parabolicSAR below the price indicating buy pressure
Buy GBPAUD 1.8020
Stop loss 1.7940
Take profit 1 @1.8100
Take profit 2 @1.8180
Take profit 3 @1.8260
RR Ratio is 1 : 3
Use only 1-2% risk
Good luck
GBPAUD: Price to Continue Bull MomentumHi Traders,
Price is set to continue its current bull momentum. I'm expecting that price will continue towards 1.9000, at which point we may start seeing reversal. These next couple of moves will likely give us a corrective ABC structure.
Trade with care and manage risk.
Regards
Wave Theorist