GBPAUD at crucial resistanceSimple chart on GBPAUD 1 hour time frame. This resistance has be tested 3 times so far. Keep a close eye on a possible break-out. The current candle seems to close at the resistance. If it gets rejected again it will be an easy 80-120 move down. So keep an eye on it because of the 1 hour candle closes above it then its a buy ofcourse.
Gbpaudbuy
GBPAUD 200 pips setupGBPAUD is still fighting the same resistance and seems to fail to break it. It's now a nice opportunity to sell it with a stop a bit above the resistance. All though the focus now is on selling, a good break of this resistance will be a buying opportunity, so keep your stop in place and be versatile and ready to buy. But for now sell.
Open: around 0.7124
TP: 1.6880
SL: 0.7170
Buy GBPAUD Short Term Based on H4 Time Frame - 400 pips!This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
GBPAUD wait for break outGBPAUD is close to the lower range and also close to a resistance at which price got rejected twice in the past. A break out of either the resistance of a lower range will likely be followed by a strong 300-500 pip move in a couple of days (since its the daily time frame)
Keep a close eye on GBPAUD and act when theres a break-out. I shall try to update this idea with Trade Active when the break-out happens so you can follow.
GBPAUD Down The DrainOn the 4 hour time frame GbpAud is setting up for a nice flush down. When you look at the daily time frame you see this correspondents with the downward channel there that just bounced off from the upper range. Making it not only very likely that the 4 hour will move down but also that it will break the support (red line)
Entry: cmp
SL: 1.6840
TP: 1.6660 > 1.6470
Trend Continuation Trade (GBPAUD)Hi guys,
this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level.
We can try a lonog, with stops just below the low, target1 at .618 of the previoous downward move, second target to be determined.
If you want to ask questions, feel free to comment below.
Otherwise, see you in the next chart!
TCT trade on GBPAUDHi guys,
this is one of the simplest setup that i trade. You can see price's created a new structure low, and now it is back to retest previous resistance that once broken could become support. After multiple red candles it's now formed a green candle right at that important level.
We can try a lonog, with stops just below the low, target1 at .618 of the previoous downward move, second target to be determined.
If you want to ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Follow the trend! (GBPAUD analysis)Hi guys,
few days ago we managed to get more than a hundred pips from shorting this pair. Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend.
The RSI divergence down on the bottom additionally confirm our view, along with the psychological number 1,6500.
I'm buying with stops below the lows, and targets as illustrated above.
If you want to ask questions or share your view, feel free to comment beneath.
Otherwise, see you in the next chart!
Following the Trend on GBPAUDHi guys,
few days ago we managed to get more than a hundred pips from shorting this pair (see attachment). Now the situation has changed, since we came back to previous structure and started consolidating right at the trendline retest. Besides, the zone we're on is a daily structure that could push price up, according to the major trend.
The RSI divergence down on the bottom additionally confirm our view, along with the psychological number 1,6500.
I'm buying with stops below the lows, and targets as illustrated above.
If you want to ask questions or share your view, feel free to comment beneath.
Otherwise, see you in the next chart!
ABC STRUCTURE IN GBPAUD - 4H CHARTHey Traders,
I wanted to share my view on GBPAUD.
We are about to end B wave so I am looking for a mid term trade from the end of B to the end of C wave.
More than 1000 pips! Will be posting updates.
-
Hola Traders,
Quería compartir mi visión en GBPAUD.
Estamos a punto de terminar la onda B y mi objetivo es hacer un trade desde el final de esta hasta el final de la onda C.
Más de 1000 pips! Ire publicando actualizaciones.
Bat formation near the D point!Hi guys,
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Bat formation near completion!Hi guys,
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!