Get started

Gbpaudforecast

GBPAUD H1 LONG PRICE ACTION FORECAST -UPDATE-Price pullback to the ascending trendline for a deeper correction than expected, however now that is testing the trendline, it continues to show some bullish momentum. This price structure allows a new long entry with a better risk to reward ratio. The order: Type: buy-stop S/L: 33 pips - R:R | 1:3 - T/P: resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
GBPAUD H1 LONG PRICE ACTION FORECAST Bullish momentum is present in the pair, a golden-cross with the EMA supported by the 200MA sloping up for confirmation of the remaining upward impulse that supports the price structure. It allows the entry at the previous supply zone, expecting price action to retest that area before upward continuation. The order: Type: buy-stop S/L: 33 pips - R:R | 1:2 - T/P: previous resistance level -- *** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***
Long
by OGFXTRADER
2
GBPAUD long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1