Gbpaudbuy
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this chart as price taked out liquidity above weekly high 1.89800 and equal highs aka retail resistance, we have a nice bearish h4 closure and should go lower as the bearish momentum is increasing, my targets are around 1.87000
What do you think ? Comment below..
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price made a failure swing high that means bulls are losing momentum and bears are gather momentum, price retraced back into premium area where a nice sell opportunity has been presented around 1.89500, we have a lot of bullish imbalances that will be filled this week perhaps.
What do you think ? Comment below..
GBPAUD: Its a TRAP!🎯Many assume that more touches of resistance make it stronger, this is far from the truth.
Since the resistance is so weak, I would like to see the zone breached.
BUT first, we must trap the sellers by breaking the trendline.
Once they have been lured in we can consider buying up into the main supply. 😍
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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GBPAUD LONG TERM BUYSBased on HTF POI we have a BOS on our daily Timeframe where i am looking to go long from as we are in our discounted price area where we only look to buy.
I have two entries for this trade which are at my 100% and 50% of my daily order block, because we have equal highs on our daily i will be targeting that equal highs and closing my trade once it get to that level and liquidity is grabbed.
Risking 1% for this trade.
stop loss of 62 pips and a take profit of 602 pips.