Gbpaudsell
200 pip FREE TRADEWe are looking for a possible retest and bounce of key support before we jump in this trade, if we do get the bounce then we could see a possible bullish rally of around 200 pips.
But you must wait for the retest and bounce because if price does break this strong level then it could sink.... so just be patient ;p
SHORTBREAD... who doesnt love biscuits ;p Price hit resistance at the top and is now following a lovely trend line, we expect price to follow our TL down into our green zone which has previously been used as a key support and resistance area, so this is where our TP will be placed.
This trade will give us 100+ pips, but if you take this trade please remember to use correct risk management.
So go SHORT and get that BREAD ;p
GBP AUD KEEP THINGS SIMPLEPURPLE ARROWS - RESISTANCE
SUPPORT/RESISTANCE 1.81008
1.81008 Is a key level we have used a number of times before if you look back at old charts, you can see where price has been used from our arrows.
Price has recently bounced off this level, now we might get a retest of this level but the general movement is to the downside.
You can also see on the 1D and 1W charts that bearish movement is also strong and price is respecting this level.
You must always look at the higher timeframes to back up your analysis, you wouldn't buy a house without getting it checked out for damages 1st would you? that would just be throwing money away just because you hadn't done your research... So why the f#ck would you do the same thing in the Forex market?
And remember KEEP THINGS SIMPLE!!!!!!
GBPAUD Analysis+SignalWe have graphed up a technical model of Head And Shoulders Pattern! What Is A Head And Shoulders Pattern? "is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. that an upward trend is nearing its end" (Content is an Investopedia client)
As I indicated with the arrow within the graph the price can still go down 1.7600, 250 pips from today's price, then there are two options that can happen or the market will continue to fall below 1.76 or it will go for another upside attempt
Our recommendation:
Sell GBPAUD
Entry Price: 1.7965
Stop Loss:1.81
Take Profit: 1.7600
Double Delight FREE Money... Thank us later1.80551 area is acting as historically strong resistance and price is respecting a bearish trendline, At the moment price is touching both our trendline and resistance level so this is a strong sell, providing there is no market gap at open tonight.
If a market gap to the upside happens we will stay out of this trade and see how the market plays out tomorrow as it might retest these levels as support, but if price opens below our line and level then we will be jumping into a sell position head first.
GBPAUD MArket Analysis with Entry Plan
Hi guys,
GBPAUD is moving in the daily channel and is the approaching the daily trend-line in a corrective manner making a trend reversal pattern that is a reversal channel of 4Hr time frame, it means that price is going to be reversed from this daily trendline , so watch price action in lower time frame for buy. good luck.
Check First Comment For Clear View.
Thenk You
Morshedul Munna
FOREX: GBPAUD - SWING - 28. NOV. 2018WELCOME TO DACAPITAL-TRADING!
GBPAUD FOREX BREAKDOWN 28 NOVEMBER 2018
1 HOUR
Strong bullish reaction to 1.76000
4 HOUR
Bearish moving trend with several LL and LH
DAILY
Sideways consolidation with overall bearish pressure following this move
LEVELS
(Please split your Position to 3 small ones for perfect entrys!)
SELL GBPAUD
1ST @ 1.76680
2ND @ 1.76760
3RD @ 1.76840
SL @ 1.77370 (60 Pips)
TP @ 1.76000 (75 Pips)
RR: 1.30 (Please use half your Lot-size for GBPAUD Positions)
IF YOU HAVE ANY QUESTIONS LET US KNOW IN THE COMMENTS
ALSO LEAVE US A LIKE TO KEEP OUR CONTENT FOR FREE!!