Gbpaudlong
GBPAUD BUY STOP 1.86718don't trade before BUY stop, if you get 20 to 30 pips kindly close, its good for investment 2% risks.
if you wanna more pips fully risks for yours.
we are only try to hit baby pips if you like this analysis, please support our idea by hitting the like button and share to your frnz. we will support start to end trading
have a great trading!
GBP/AUD Trying To Close Above Down Trend And Long Setup Here !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD Daily Trade 60 pips buyHello Traders here is a quick summary of what I am thinking for today’s trade.
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Plan A
We are looking for a retest of this level and pullback to enter for a buy. About 60 pips for today.
Plan B. We will wait until it retreats and then breaks the maroon support I marked to enter for a sell.
However, price can change at any moment and these trades can become invalid.
GBPAUD: Its All Trapped!Sellers have had a clean run down with very simple breakout retail patterns, have the banks made it too easy for them?
Or will they return to capture some of that fine liquidity?
I believe we will see one last push down before we tread up aggressively for NFP.
Let me know what you think in the comments below.
GBPAUD ANALYSISInteresting opportunity in this pair, we are approaching a big support that can turn this downtrend around, I would look for buying entries around 87750 but if this pair manages to close below this support we can see a big downside potential so if that happens look for a retest of this support that wiill be turned resistance and enter in a short.
GBPAUD correction needed - another long in shorts. :)GBPAUD decisively broke the up trend line and now on a potential direction going down hill, the impulsive move on last Friday was contributed by the dollar weakness I believe.
I did have a long setup on Friday which got stopped out by the sudden drop with some good profits. By the look of it, I believe GBPAUD is due for a correction for at least 0.3 - 0.5 fib recovery.
Note: I'm on a 15mins chart for a quick hit and run setup, but it's been a weekend so the price may have either moved higher or lower.
I will not enter if the price moved below Friday's low which is 1.81121; neither will I enter if the price has already gone up above 1.883
SL: very tight one as I believe it has reached to its next strong support zone and may bounce hard (or drop harder :D )
TP: Fib based. If dollar strength come back causing AUDUSD retrace significantly it might clim higher. both GBPUSD and AUDUSD currently are facing a strong resistance/supply zone just so you know.
GL and wish we all a brilliant week start.
possible long setupGBPAUD has been in ascending channel for many weeks and the base has not been broken in many occasions, now that it is in the same situation again I expect it to follow the same pattern.
There's also a change that it may choose to break the trend line because it has just reached to yearly ATH at 1.91597 and now may want to do some deep retracement. On that scenario, I hold my bias that it's done and now time to go back up (from upper channel retraced to lower channel, and now time to go back up)
Entry: lower than 1.89 higher than 1.889
SL: lower than 1.88858 however breaching 1.88858 would invalidate my analysis
TP: recent top that it didn't manage to break which is around 1.89513
GL