Gbpaudbuy
GBPAUD - FOREX - 15. JAN. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Price finally broke back into our range.
4 HOUR
Closed above our Blue support line, price back in range and need to rise.
DAILY
Price found support and pumping sellers before.
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FOREX SETUP
BUY GBPAUD
ENTRY LEVEL @ 1.88820
SL @ 1.87650
TP @ 1.91150
RR: 2.0
Use 0.5% risk!
(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 Market Outlook | Daily Forex Market BreakdownGBPAUD
Still waiting for GBPAUD to come a bit lower before I think about taking a trade. Seeing both Pound and Aussy strength so GA is showing some indecision and is going a bit sideways for the time being.
As always if I see any change in the market I will let you know!
GBPAUD Market Outlook | Daily Forex Market BreakdownGBPAUD
Breaking down GA as it was requested from one of our forex alchemists! You ask and I will deliver!
As you can see in the technical analysis above GA has been a bit tricky. We experienced multiple fake outs to the downside which is expected. This is why you don't just jump into a trade when all you see is a simple break of a trend line. I always say there is a lot of confusion in the market around trend lines so always be cautious.
After the fake outs to the downside GA pushed up quite a bit then showed us a beautiful double top. This is where more experienced traders would have taken shorts. I personally wanted to see price push up a third time giving us a clean entry! Remember there is always another entry or a better trade right around the corner, never rush things! Only gamblers force trades, we are focusing on becoming the best forex traders possible to make this a reality you need to develop ridiculous amounts of patience.
Patience, risk management, and always sticking to your trading plan is the key to longevity in this market.
IT IS NOT EASY, BUT IT IS DEFINITELY WORTH IT!
GBPAUD - FOREX - 17. DECE. 2019Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish pressure and price action towards previous range.
4 HOUR
Bullish waving market in a pullback now.
DAILY
Overall bullish market, great long entries at support zone.
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FOREX SETUP
BUY GBPAUD
1ST ENTRY @ 1.91630
2ND ENTRY @ 1.90660 (wait for trigger)
SL @ 1.88990
TP @ 1.94490
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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 Market Outlook | Daily Forex Market BreakdownGBPAUD
Pushing to the downside a bit right now. That being said for the time being support looks to be holding. I have a similar bias to GU I believe that we were going to push back up and fail to make a new high and then we are going to roll over to the downside. Keeping a very VERY close watch on all GU pairs.
GBPAUD Bullish Breakout?We can see here how price has created a new HH after breaking that long term resistence wich was that ascnding TL,so right now in order to go long for atleast 200 pips on thiiir i would like to see a retest to the previous daily structure at 1.9150
Join our FREE signal channel: t.me
GBPAUD ADAPTABILITYGood afternoon traders!
GBPAUD smacked a lot of people last week with Brexit news suggesting that the Conservative party is well in the lead heading into the December election. It’s trading and a setup can present itself with all rules and confluences and still not work. If you can’t accept that then trading is not for you!
So grasping the monthly closure and to clear myself mentally from my loss. I’m applying myself to the chart at hand and based on CMP I foresee GBPAUD heading higher towards 1.93275 . We have formed a new higher high in this bullish leg and I foresee price fulfilling a long term monthly swing leg. The setup offers us with a 300pip upside move. We need to however be patient and wait for PA to drop into 1.89750 to look for the lowest possible entry to buy. It’s Monday so don’t get ahead of yourself remain calm.
I’ll update the channel as things develop.
Cheers
t.me