💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8930).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.8765
TP2= @ 1.8625
TP3= @ 1.8527
TP4= @ 1.8433
TP5= @ 1.8355
TP6= @ 1.8233
SL: Break Above R2
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Gbpaudsell
GBPAUD SHORTAs we can see, GBPAUD broke the Lower trendline of an ascending channel on the H4, We expecting the pair to re-test the level listed on the chart, before a retest on the Lower trend line.
We taking this trade based on technical analysis and price action.
(1) DO NOT ENTER ANY TRADE BEFORE THE ENTRY LEVEL
(2) USE YOUR STOP LOSS
(3) DO NOT HOLD A LOSS FOR MORE THAN 2 DAYS
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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💡Don't miss the great sell opportunity in GBPAUD. There is still a possibility of temporary retracement to the suggested resistance line (1.9045).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.8875
TP2= @ 1.8735
TP3= @ 1.8570
TP4= @ 1.8512
TP5= @ 1.8427
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPAUD. There is still a possibility of temporary retracement to the suggested resistance line (1.9045).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP1= @ 1.8875
TP2= @ 1.8735
TP3= @ 1.8570
TP4= @ 1.8512
TP5= @ 1.8427
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBP/AUD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
GBP/AUD: Daytrade-Preparation
Market-Sell: 1.90500
Stop-Loss: 1.90900
Point of Risk-Reduction: 1.90100
Take-Profit: 1.88900
Stop-Loss: 40 pips
Risk: 0,5% -1%
Risk-Reward: 4,10
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
Oulook on GBPAUD: Pullback presents an opportunity to sellHi everyone, GBPAUD remains under pressure from its daily resistance as well as our H4 descending trend line where we could see a further downside here. A pullback to our H4 resistance at 1.88800 in line with the 61.8% fibonacci retracement presents an opportunity to enter a short, keeping in mind that prices are holding below the resistance area on the daily time frame.
gbpaud boomgbpaud buy :
Reasons :
1)breakout from the regression trend
2)same false breakouts in previous months as indicated
3)all my 3 ema lines indicates uptrend mainly the yellow line(secret configuration)
so if it crosses 1.88800 place a buy trade fro 100 pips as indicated
i decreased the number of pips from tp as it should surely hit the tp without false breakouts again
Trading Idea Regrading GBPAUD Currency Pair 7/18/2021Right Now ,GBPAUD Encountering Massive Resistance Leading Towards Two Possibilities
1 - It Break This Resistance and After Retest It Will Move Towards 1.89800 Level
2 - It Retest The Range top Which is 1.84697 Level and Then Head Towards Break Out Resistance level
GBPAUD Has Broken Below the Short Term Support
Welcome back Traders, Investors, and Community!
Hi Traders, GBPAUD on H4 has been running in the Bullish Channel, after the last rejection from the Resistance broke below the Short term Support and it might go lower however it could go up again for another retest before going down.
⬇️Sell now or Sell at 1.8584
⭕️SL @ 1.8656
✅TP1 @ 1.845
✅TP2 @ 1.8297
✅TP3 @ 1.8145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8372).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 26.
Take Profits:
TP1= @ 1.8300
TP2= @ 1.8265
TP3= @ 1.8215
TP4= @ 1.8165
TP5= @ 1.8110
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8372).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 26.
Take Profits:
TP1= @ 1.8300
TP2= @ 1.8265
TP3= @ 1.8215
TP4= @ 1.8165
TP5= @ 1.8110
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️