GBP/AUD 2 New Long Setups Available To Catch More Than 300 Pips 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
Gbpaudlong
GBPAUD is facing bullish pressure | 4 May 2021Prices are facing bullish pressure from our ascending trend line and support level, in line with our 61.8% retracement and 78.6% extension where we could see a bounce above this level . Ichiomku cloud and EMA are showing signs of bullish pressure as well.
GBPAUD is facing bullish pressure | 4 May 2021Prices are facing bullish pressure from our ascending trend line and support level , in line with our 61.8% retracement and 78.6% extension where we could see a bounce above this level . Ichiomku cloud and EMA are showing signs of bullish pressure as well.
** GBPAUD ** nice trades for GBPAUD this week 19th to 23rd ApriHi all, hope you've all had a good weeks trading, really happy with this weeks trades, have a good weekend everyone.
Evening all, gold trade currently open,
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
GBP/AUD New Long Setup To Catch 250 PipsThis 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 is approaching support, potential bouncePrice is facing bullish pressure from our first support in line with our 61.8% fibonacci retracement, horizontal pullback support and 127.2% fibonacci extension where we could see a bounce above this level to our first resistance target. Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Long Long Long Price this week has on a daily time frame retraced and bounced perfectly off the 61.8 Fib level. I have entered a long position at 1.7750 however next week I will look to add to this as i do believe that we will head back to 1.8250 then on to 1.84/5 in the next 2 weeks.
Keep in mind price may bounce off trend line at 1.8000, which will indicate a short position back to 1.7750.
Lemme know what you think!
GBPAUD, Daily tf, buy the end of retracement
As you can see, we complete the retracement of this recent upwards movement which looks like rising wedge or leading diagonal in elliott wave.
We stopped exactly at 61.8 fibonacci retracement.
I am now going to buy this pair aiming for the potential rally of this pair.
Buy GBPAUD 1.7750
Stop loss 1.7680
Take profit 1.7960 (3R)
Use only 1-2% risk
Good luck
GBPAUD facing bullish pressure | 13th Apr 2021GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension . Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement . If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 50% Fibonacci retracement . Ichimoku cloud is also below prices, showing a bullish pressure for prices.
GBPAUD facing bullish pressure | 13th Apr 2021GBPAUD is facing bullish pressure from ascending trendline support which is in line with horizontal pullback support, 50% Fibonacci retracement and 78.6% Fibonacci extension. Prices might push up towards horizontal swing high resistance which is in line with 78.6% Fibonacci retracement. If prices fall through 1st support, prices might take support from horizontal swing low support, in line with 161.8% Fibonacci extension and 50% Fibonacci retracement. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
GBPAUD - Buy Entry - D1 ChartGBPAUD - Buy Entry - D1 Chart
Buy @ Current Market
Take Profit @ TP 1 or TP 2
Recommended Risk - Stop Loss @ 0.5% to 1% of your Account Balance
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🔺 DISCLAIMER
🔺 The content of this analysis is subject to change at any time without notice.
🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions.
🔺 You must do your own research to create your own trading plan for the market.
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GBPAUD 2nd BULLISH Push Towards Resistance LevelAccording to our previous GBPAUD analysis, we have explained our reason behind a huge BULLISH momentum for GBPAUD. We also managed to see a strong BULLISH movement according to our previous analysis. However, the bullish strength did not managed to hit 1.8335 resistance level as anticipated. The high that we managed to see tested the trend resistance and rejected from there. Currently, we managed to see a nice rejection from the trend support level. This gives us an opportunity to long this pair with a target at the resistance level.
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