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
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Gbpaudlong
GBPAUD BUYING THE IMBALACELooking at gbpaud we can see an imbalance on the higher timeframe which could indicate start money (Big Banks) were in the market, which caused the down trend with out a pullback. Buying the imbalance as price has to fill up the IMB = Imbalance before price can continue the downward trend.
Crab Almost Complete 🦀GBP/AUD - Crab Almost complete, D point landing on the .886 of the Daily uptrend pullback (Very nice PRZ here lots of confluence)
Price may tap into the imbalance below before the continuation, it just made a fake move to the upside from the .786 i'll be waiting for price to hit my zone and watching for reversals on the LTF
Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
GBPAUD SHORTS RISKY 📉📉📉Expect the price to colapse from this area, i call this a risky entry because we go against the major HTF structure. Price took out liquidity above weekly high and should reverse a little bit till imbalance fill h4. On a medium-long term perspective i will look only for LONGS there.
What do you think ? Comment below..
GBPAUD LONGS 📉📉📉I will entry LONG positions only if price will tretrace to the 1.85500 level, a lot of confluences are presented in that area. Market Structure BULLISH on a HTF, bullish orderblock h4 + imbalance fill. Also that zone is located in a discount market area on fibonaci that sets perfect LONG opportunities
What do you think ? Comment below...
LONG POSITIONGBP/AUD Looking very impressive for buy at given zone as you can see here in LTF price showing some bullish strength to upside wait for confirmation and Buy.
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gbpaudgbpaud hits the second take profit , have a look in the link below
♂ ♂️ The secret of success in predicting the movement is a stage, and this is advice for everyone who practices technical analysis, you must know where the market ended from previous models to succeed in predicting the next start
✅ In short, you will not know what will happen as long as you do not look at what happened in the past
GBP/AUD Long Idea + targetsHello Traders
GBP/AUD looks promising!
Why?
Reasons:
1-Downward Price trendline has been broken.
2-Downward RSI trendline has been broken.
3-Double Bottom pattern.
4-Morning Star pattern in Weekly TF
5-Price jumped off from Support zone and Consolidating zone.
6-Good Fundamental news for GBP
So its highly possible for price to meets higher levels.
Thanks for Reading
Team Fortuna
-RC