GA correction expectedGBPAUD retraced to its 0.618 fib from the rise in the past 2 days. 1.822 - 1.8244 zone historically provided strong support, so it should correct today's waterfall if previous 2 green candles on daily chart can be respected.
Note: this is a risky setup, RSI on all time frames are still having rooms to let the price go down further.
Entry: 1.82478
TP: Fib based, aiming 50% recovery around 1.832
SL: below 1.82388
Expected pips: 20 - 70 pips
Expected timeline: max 1 day
Note: I'm now exchange ideas with the LCMS traders club. Welcome to join in together and discuss about ideas published here.
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Disclaimer:
Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
Gbpaudlong
GBPAUD | BUY ON DIPSGBPAUD after making a downtrend, consolidate itself and started making higher highs
One should look to buy it on every dip
Trade Plan
Buy Level 1 1.83250
Buy Level 2 1.82950
Stoploss 1.82700
TP1 1.84240
TP2 1.84700
GBPAUD push higher from 1.81690 handle Hi all
Been very inactive lately, let's secure a win with this trade..
1. Key price point (Whole numbers)
2. Last time price touched the 1.81690 handle it created a crazy bullish momentum..
3. Support
4. The continuous downward moving trend requires a hefty pullback for any more continuous movement to the downside.. This is so the market can remove any selling pressure.
5. It aligns perfect with the 200 moving average on the 4hrly and 50 moving average on the daily timeframe ...
6. Our reverse engineered indicators have shown us this pair is heavily oversold.
This trade will last a few days unless fundamentals push price higher.. It's ready for a pullback on the daily timeframe and we should be the first to capitalise on this...
Entry: 1.81690
Potential pip gain 300 - 400
Stop loss; 41 pips..
Please understand that this is not financial advise, this is based on a calculated move we anticipate that could happen within the GBPAUD market.
Kind regards
Saif
GBP/AUD Long ideaHi traders.
For today I analysed this pair. Generally Australia had poor reports, while UK is recovering.
Target that we are watching is 1.8450.
Daily RSI is on 39 lvl, so I giving it space to fall to 1.8150 lvl and most likely to bounce from that lvl to upside.
Feel free to comment your opinion!
GBP/AUD LONG TRADE IDEAGBP/AUD Signal
Market Buy: 1.82270
Stop-Loss: 1.81670
Target 1: 1.83000
Target 2: 1.84220
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 3.26
GBPAUD , 3rd target is near to us Hello everybody
Did you be with us in these 2 months ? we were signal this sell position from 1.89 until now and now we are publishing new chart and new situation for buying
In here we have broke the 2nd Tp and now we need some rest and pullback to take short position and sell until the 3rd target reach , Listen you can open short position from here but you should attention to money management and only 1-2% of your money should be in your stop loss
These are our previous signal of GBPAUD :
Be with us and enjoy your profit and sleep comfortably
Good Luck
Abtin
GBPAUD: Round Two of BuyingAUD has been relentless, it is tearing down the market single handily.
We attempted a buy last week but got stopped at BE.
After reviewing my analysis, it would make much more sense to buy just below the bottom trend line of the channel, roughly around the daily order block.
When this buy criteria is met, I will re-attempt swing buys with my team.
Bullish trade idea for GBP/AUD.I might be a little premature in calling this, but I think that this head and shoulders pattern that you can see on the 4H is now complete and that we should be seeing a trend reversal in the very near future. Price may take a little breather here and consolidate before pushing higher. I would like to see a retest at least once of the current support before I would consider an entry. Should the price continue to downtrend and stay within the channel then I will avoid taking the trade and wait for the next pullback. My R/R will be somewhat higher with this idea as I think that once the price has consolidated and begins the move up, that it will do so quite rapidly. Here are my entry, SL and TP
Entry - 1.83050
Stop Loss - 1.82595
Take Profit - 1.85947
Risk - 1%
R/R - 6
As always,
Stay safe and stick with your plan.
GBPAUD Wait for the TriggerHello Traders , Welcome to this analysis, we are looking at the GBPAUD , the 1-hour timeframe.
My trading strategy is based on the simplicity .
Please don't forget to FOLLOW , LIKE and COMMENT .
If you like my analysis.
Thank you and Good Luck!
GBPAUD: Bearish Cycle StartedWe have shifted from a bullish market into a bearish one .
However, price has begun to lose momentum which suggests to me that a retracement is likely.
We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.
Do you like the look of this chart?
Please, support this post with a like and comment!
GBPAUD Correction CompleteThe corrective cycle in GBPAUD: yesterdays reversal came from a potentially pivotal support zone, follow through today above yesterdays highs should see long positions rewarded
GBPAUD possible longWe found GBPAUD form a PFL in H4 TF. If the price respect 1.8418 level and form bullish price action, it may trigger long for targeting zone 1.8600 level.
Alternatively, if it void PFL level, it could more decline.
Good Luck
GBPAUD , Did got this profit ? Did you be with us ?Hello guys
According to our analysis of GBPAUD in here we are in near to 2nd target and if it can break this target and fall down , the 3rd target is near to us
Being with us , and we will update the chart near the target
Previous analysis :
Good Luck
Abtin
GBPAUD structure sell with huge RRRHuge RRR on GBPAUD sell on huge resistance after rejection on daily/weekly levels
GBPAUD, Daily tf, wave-5 to the upsideHello my friends,
It's been long since my last post.
I was waiting for a really good setup to come to me and finally have one.
GBPAUD currently at trend line and MA-200 support right now.
Using Elliott wave principles, we might be seeing this pair reverse to the upside as long as it hold above 1.8250.
In my opinion we're at the rnd of wave-4 and will start wave-5 to the upside soon.
Buy GBPAUD 1.8400
Stop loss 1.8250
Take profit 1.9370 (6.4R)
Use only 1-2% risk
Good luck
GBPAUD; A very bullish outlook from the higher timeframe Hey traders!
Looking at GBPAUD from the higher timeframe perspective (W1) I noticed that the price is on a dynamic support and resistance which is also stacked with the trendline. From that point of confluence, I'll expect a bullish rally. To catch this move I'll be switching to the lower TF to look for long entry!
What is your trading plan for GBPAUD? Comment below.
GBP/AUD LONG TRADE IDEAGBP/AUD Signal
Market Buy: 1.83900
Stop-Loss: 1.83300
Target 1: 1.84600
Target 2: 1.85900
Stop-Loss: 60 pips
Risk: 0,5%
Risk-Reward: 3.33
GBPAUD 4HThe British pound against the Australian dollar, reaching the bottom of its uptrend line in the 4-hour timeframe, should expect a positive reaction to the floor.
GBPJPY AND GBPAUD UPSIDE OPPORTUNITYLooking for possible trades from a supportive area on GBPAUD and positions taken on GBPJPY like I explained yesterday... Risk Reward is key to becoming a consistently profitable trader.
GBPAUDBullish Indicators:
1) Support zone at 1.84164
Bearish Indicators:
1) LH LL
2) Resistance zone at 1.85595
3) Downward trend
Plan A: One can take ling position on the bounce from the support zone at 1.84164.
Plan B: One can take short position if pair fail to break the resistance zone or upward descending trendline.
GBPAUD long expectedWith daily bullish candle we can expect H&S on H4 TF. Rejected from previous support can form possible bull trigger. Wait for confirmation. Good luck.
GBPAUD / LONG IDEAPrice has rejected a weekly support level so this indicates to me we are looking at a retest
I will be waiting for price to break my highlighted area and look for a retest of that before going long to the highlighted level of resistance
