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Gbpaudsell

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
Short
by HayatoDragonFX
4
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
Short
by HayatoDragonFX
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
Short
by HayatoDragonFX
1
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
Short
by forexorbit
4
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 Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
2
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
Short
by HayatoDragonFX
1
GBPAUD - SWING - 02. NOVE. 2020Welcome to our weekly trade setup ( GBPAUD )! - 1 HOUR Bearish price action below main sr level. 4 HOUR Sideways market structure looking for a breakout.. DAILY Good short entries, price about to drop! - FOREX SWING SELL GBPAUD ENTRY LEVEL @ 1.83880 SL @ 1.84790 TP @ 1.82490 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
21