GBPAUD SELL IDEAHi Traders,
On the following confluences I like to Sell this pair.
1. Down trend.
2. Key Level (S/R zone)
3. Supply Zone
4. Bearish Pin Bar as price rejection and downward signal.
Good Luck
Gbpaudsell
GBPAUD - Global trend down Preconditions:
- Large Accumulation.
- global trend down
- local trend down
- The downward movement will continue.
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Thanks for your support!
GBPAUD YOOO LET'S EAT ALL THE PIPS GBPAUD price is reject the strong level of support , GGBPAUD will go long
GBPAUD, 4hr tf, sell on retest of potential reversal zoneHello everyone,
GBPAUD pairs gonna be my 3rd trading plan for next week.
This pair trading plan gonna be like GBPNZD.
Both of it aiming for a potential downward movement to fill the gap.
This gap have now been left open for 2 weeks.
It is not fully closed yet and i think we could see it sooner or later.
The best place to enter sell will be arond 1.7900-1.7920 because it has acted as resistane for 2 times.
I am waiting or price to test it once again and enter sell with a pending sell limit order.
Sell limit GBPAUD 1.7900
Stop loss 1.7960
Take profit 1.7570 (5.5R)
RR Ratio 1 : 5.5
Use only 1-2% risk
Good luck
GA Will more down for BREXIT IssuesGBPAUD will more down, perhaps it'll support @1.7210 Range. Than it will be long. And after this support level its a pure Bullish Butterfly Pattern
POTENTIAL FOR GBPAUD TO FURTHER MOVE BEARISH We saw price break bearish today and recently found support from which we moved bullish , price is now showing great potential to further break bearish once it re-tests the marked region , price potentially going to slow down and reject from this zone and this is what i'll be looking for.
GBPAUD, daily tf, sell the bearish pinbar candleHello my friends,
I found something interesting with GBPAUD pairs.
As you can see, friday candle close was very interesting.
After shooting up for 150 during Asia and European session , it closed significantly lower erasing all the gain during American session.
The result of Friday movement is the daily candle became a bearish pinbar candle.
I would say this mean sellers really step up and controlling this pair right now.
We will aim to sell this pair for next week.
For this trade setup we will wait for some retracement before entering sell.
The best area to sell will be around 1.8175 because there is a horizontal resistance level here.
Sell GBPAUD 1.8175
Stop loss 1.8225
Take profit 1.7875 (6R)
RR ratio 1 : 6
Use only 1-2% risk
Good luck
GBPAUD, 4hr tf, channel elliott wave analysisHello my friends,
I spotted a good setup on GBPAUD and i think it is worth to try taking it.
This is a 5.5R trade setup which rarely come so we will try to capitalize it.
As you can see price moving inside a parallell channel and we could try counting each movement with Elliott Wave counts.
The movement respecting elliott waves count as clear as sky.
We are now finishing wave-4 and could start to continue going down along with wave-5.
We will use wave-1 as our invalidation because the rule of wave-4 is it will never touche wave-1 area.
Sell GBPAUD 1.8190
Stop loss 1.8230
Take profit 1.7970 (5.5R)
RR ratio 1 : 5.5
USe only 1-2% risk
Good luck
GBPAUD Short / Indications of weaker GBP this morningWe are short on GBPAUD
There are many good reasons for that, from price action, lower high, Fibonacci retracement and general candles.
The reward over risk is 4.4
GBPAUD W1 DEC 2020GBPAUD
Short Setup
Another view on GBPAUD using Elliot Wave Theory:
1. Price is making a major 5-3-5 (ABC) move down
2. Recently price is making its final C wave downwards, and this consists of a 5 move impulse wave.
3. Setup will be invalidated if price where to break Wave ii.
GBPAUD W4 NOV 2020GBPAUD
Short Setup
Price broken out of a trendline previously and has retraced to a 61.8% level. multiple rejections can be seen off the zones.
GBPAUD, 4hr tf, SHS pattern to materializeHello my friends,
On Monday, I got 5 positions hit SL again consecutively so i took 3 days off from trading to calm my mind.
It is very important to calm your mind instead of doing revenge trade and get more losses.
Today, i found a nice setup on GBPAUD.
There is a SHS pattern formed and i think price already broken below the neckline on lower time frame.
This necklne also located near the horizontal level which i have marked, so this support now become a resistance and an area of confluences as well.
Also if i do a wave count using Elliott Wave, we are now on wave-5 to the downside so sell positions will be favorable.
Sell GBPAUD 1.8175
Stop loss 1.8230
Take profit 1.7980 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
GBPAUD, 4hr tf, sell trendline breakHello my friends,
Another trade setup coming for you, it's GBPAUD sell setup.
If you find this post useful, please give me a like and follow me for the next update.
As you can see recently GBPAUD tried to trade back above 1.8140 resistance but seems like it was short lived.
Today priced drop again below it and breaking the ascending trend line.
We could see price continue south to around 1.7970 support once again.
Entering sell now will only provide us with 1:1 trade setup so i am gonna wait for a lil bit retracement to around 1.8120 and enter sell there.
Sell limit GBPAUD 1.8120
Stop loss 1.8170
Take profit 1.7970 (3R)
RR ratio 1 : 3
Use only 1-2% risk
Good luck
GBPAUD 3.5% Drop was expected will it reach Sep low?GBPAUD
*********
⏳4 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
—————-❇️——————-
Detailed analysis 💬
1️⃣ Break and retest of Rising wedge pattern
2️⃣Trend reversal due to positive risk sentiment
3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news will influence this pair
4️⃣ Price around 1.82000 psychological level
5️⃣ September high acted as resistance point
6️⃣ October low-Middle correction-minor bullish correction expected
7️⃣ Technical support - bearish
8️⃣1.75000 will acted as key reversal-Bullish
9️⃣ 1.85000 level acted as strong resistance
🔟 Possible swing target-September low
#️⃣ Overall bearish trend
—————-❇️——————-
📉 Technical bias-H4-Bullish
Price is below100,200 Exponential moving average
100,200 Exponential moving average will act as support-Bear
Relative strength index - Reached around 55- Still it has some room for the bull
MACD -The histogram is fading slowly and about to below signal line, oscillators about to cross
Stochastic - Reached 75- overbought condition medium term fall back expected
Ichimoku cloud -cloud is still red and Middle line is acting as minor support-Bull
Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band expected
—————-✳️——————-
Key reversal area's
1.85000 psychological level
1.83000 September month high
1.78450October month high
1.80070 50% Fibonacci retracement level
1.80000 Major psychological level
1.81650 Possible entry- Bear
1.74900 September month low/Alternative bullish entry
—————-✳️——————-
Bearish entry #pound #gbpaud
Entry price - 1.81650
Take profit 01 - 1.80000
Take profit 02 - 1.78450
Take profit 03 - 1.74900
🚫 Stop lose 1.82600
⬇️ 3.72% Growth expected
⤴️ Account growth .51: 3.72
✅ Risk reward ratio 1 : 7
—————-⚜️——————-
Push the like button , And cheer up if you found useful
Possible short on GBPAUDGBPAUD has been rejected from 1.82, so it can continue the downtrend to 1.79. If it breaks 1.82 again the picture will be the opposite.
GBPAUD bearish outlookexpecting a drop off here or after we test the top once again. This drop should complete the head and shoulder pattern.
GBPAUD SELL; An other in a series of "devastating" SHORTs!This does not look like it is going up in the foreseeable future.
Here is the Daily chart...
... w. one possible scenario.
GBP/AUD SELL IDEAHey tradomaniacs,
welcome to a new 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: Day-Swingtrade-Preparation
Note:
Every trade you take involves a high risk due to upcoming election.
Random volatility and sudden moves to be expected so keep your risk low!
Market-Sell: 1,82475
Stop-Loss: 1,84355
Target 1: 1,80610
Target 2: 1,79600
Target 3: 1,77980
Stop-Loss: 190 pips
Risk: 0,5% - 1%
Risk-Reward: 2,35
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPAUD, 4hr tf, sell on trend line retestHello my friends,
We are very close to the result of US election.
The market volatility was very high and we could see price swinging wildly during that vote count.
I am not trading with USD pairs for now as it is still dangerous in this crucial moment.
For today i got a nice setup on GBP pairs.
First setup for today is GBPAUD pairs.
As your can see price has been moving up this past 3 weeks. It was respecting the ascending trend line during it upwards movement.
And finally, price closed below the trend line on daily and 4hr timeframe, indicating sellers winning over buyers.
We could see price rotate lower from this point as the trend line will now become resistance.
Sell GBPAUD 1.8300
Stop loss 1.8380
Take profit 1 at 1.8140 (2R)
Take profit 2 at 1.8000 (3.75R)
Use only 1-2% risk
Good luck
