Gbpaudpattern
Another 1.618 Extension tradeIm in now half from 1.6665 and next half waited pinbar pullback ~1.6630 if it move here
SL 1.6580 or 1.6565 I dont know now I will see the PA
GBPAUD-Long Position For Ateast 400 Pips!Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential Long position for at-least400 Pips, It has a potential for 900 or more pips, the minimum expectation is 400 Pips from this trade !
This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point or 1.69000, you can still catch 350+ pips till TP1 is reached, however It may still go down a little, keeping the current situation in mind , It is recommended to enter with a smaller lot size if you want to take a long position right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Don't forget to like, If you like my analysis :)
(GBPAUD) - Daily - Speculation & Analysis 31-08-16Hello Traders !
With GBP becoming slowly but sure bullish across the board, it seems the Brexit hype is fading too.
What we have here is a classical dynamic trend line that looks like it can break in a day or two.
We will Long this pair after we break the trend line and consolidated a bit.
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Liability Disclaimer : All trades posted here are my personal view of the market.
If your planning to use them as signal, do your own research first and you are responsible for your own entries, exit, profit and loss management.
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Widening Wedge & 1.78000 breakout-based LONGPrevious support at around 1.83000 formed in April is likely to be this pair's next resistance, but the LONG bias will only be valid if we break 1.78000 and maintain price above this level. Around the 1.783000 level, the ichimoku cloud will hopefully act act as some resistance together with the 50% and 61.8% Fibonacci retracement levels.
What do YOU think?
ANYTHING CAN HAPPEN!
