The structure is clearly showing an uptrend with a solid formation of HH andHL, failing to create a new L. This indicates a potential buy entry opportunity, supported by confirmations and confluences such as Fibonacci Retracement and SND principles. The target should be the nearest S zone. Avoid being overly greedy with this setup, especially with an upcoming...
GBPAUD forming a rounding top movement pattern which is usually related to double top pattern tends to downward. For risky entry sell, set sell limit. For safer entry sell, wait for price build up rejection or reversal pattern such as H&S.
GBPAUD completed ABCD pattern now hopefully we can see the retracement from here towards upside. Manage your risk accordingly!
Hello Traders I’m back GA updates, few weeks back I talked about GBPAUD bullish run so it’s time we can say the buys we have been waiting for has come pips target on this trade is around 279 pips so traders let’s take good advantage on this Trade. Happy Sunday guys . Tell me what you guys think about GA.
I expect drops near the lower limit of the designated channel. Buy entry is around 1.79. TP around 1.85 where there is resistance marked after the peaks on the weekly interval. About 600 pips to gain. P.S. This is not financial advice of course, just my idea.
GBP-AUD is trading in an uptrend Along the ascending support line After the GBP/AUD retested the strong support 1.886 I think it's a good opportunity for long trade Buy...
GBPAUD Short Setup Price broke out of a ending diagonal, and broke previous wave-4. Next level is the previous significant demand.
GBPAUD Long Setup 👉🏻 A pullback onto the recent levels of highs would be a profitable opportunity for a long setup. Few targets in place. This will only be valid if rejections are found. Price could also reach target without any pullbacks.
GBPAUD Short Setup Zone and Elliot Wave Strategy. Elliot Wave - Minor Wave-ii has been done and now preparing for the major Wave-3 Zone - Multiple rejection off the marked zones and also a double top at 1.80000
Looking for longs for the start of the week. CHECK OUT 2021 SIGNAL TRADE JOURNAL FOR INVEST BEYOND. docs.google.com
GBPAUD Short Setup After the recent rally from a harmonic pattern setup, we could see price has made a resistance at the 50.0% Fibonacci Retracement Level. This double top could push price downwards
GBPAUD Short Setup Another view on GBPAUD using Elliot Wave Theory: 1. Price is making a major 5-3-5 (ABC) move down 2. Recently price is making its final C wave downwards, and this consists of a 5 move impulse wave. 3. Setup will be invalidated if price where to break Wave ii.
GBPAUD Short Setup Price broken out of a trendline previously and has retraced to a 61.8% level. multiple rejections can be seen off the zones.
GBPAUD Short setup Pending Order Ending diagonal in lower timeframes