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Gbpaudlong

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.
Long
by Ansaaf_MMXMZA
GBPAUD Overview week commencing on the 13th Dec. 2021Weekly chart - closed strong bearish engulfing 2 weekly candles. Could still some bearish for this week. Daily Chart - broke minor level of support came back around the area of previous resistance and rejected (could we come lower or potentially start raging?) Previous Daily candle - doji showing some indecision around the "minor" support which can now potentially become support. H4 Chart - Previous level of support broken and being retested a potential resistance now, in line with 38.2% Fib level. 30m Chart - ABC corrective (just reach TP level and new level of resistance established), 2 approaches can be taken: Aggressive approach: if a double top scenario happens then short at the double top! Conservative approach: wait for bearish confirmation on 30m Chart break of support level (then retest as resistance) before shorting Follow up as the week goes on....
Short
by Inacio_1998
GBPAUD long forcast Given the downtrend in the pound and resistance in the 1.8540-1.8660 area, I think there is a good opportunity to sell, just the important point is The approach of the Christmas holidays and the downsizing of transactions may prolong the trend. On Thursday, December 16, the British interest rate will be effective. GBPAUD SELL entryzone : 1.8540 stoploss:1.8700 take profit 1 :1.8390 take profit 2 :1.8278 take profit 3 :1.8140 take profit 4 :1.7997 -------------------------------------------------
Long
by ehsankhyr