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Gbpaudsell

GBPAUD - Intra Day 50/50 Bounce (MARKETMAKERMETHOD)UPDATE: We have entered this trade at 10:15 CEST at 1.81962 SL: 1.8220 TP: 1.81750. Sell Limit at 1.82010 same SL and TP. If price were to close above the 13 EMA we're gonna kill the trade and take a scratch! Hello, Quick setup analysis on GBPAUD. This is my favourite Market Maker move. We wait for a pattern to occur during London session, wait for the 13 EMA to cross the 50 EMA and then trade the first pullback to the 50 EMA. Confluences: - 13/50 cross - 25 pip pullback - Candlestick pattern (Railroad tracks) - TDI below 50 Target will be 20-25 pips, stop at 1.8220
Short
by Matt1994
1
Kenji signals: sell GBPAUDToday, the indicator "Kenji" on the daily GBPAUD chart generated a sell signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of is currently in the active downtrend phase (the area between the fast and slow average is colored red). At the same time, current prices entered the sales zone, which led to the formation of a "sell" signal. This short position remains relevant until either the market conditions change (for example, the downtrend changes to flat or uptrend), or a signal to close it appears (a red cross indicating a strong divergence between the price and average values). Recall, work in a trend is one of the most comfortable and potentially successful trading options. For reference: The "Kenji" indicator is a brand new look at the average analysis. The main problem of most trading strategies and indicators based on the average analysis is a number of false signals in the case of flat and trend reverse (for example, frequent crossings of the averages, frequent changes in the direction of the averages, etc.). As a result, averages analysis cannot show its real power and effectiveness. The Kenji indicator using a unique algorithm avoids the most common average analysis traps and significantly improves the quality of signals by determining the current state of the market (using the color indication "Kenji" shows the current state of the market: red color - downtrend, blue - uptrend, green - flat). It generates signals for comfortable trading in a local trend. The indicator provides information on both the timing position opening and the moments of profit taking. It also helps to determine the level of aggressiveness of a signal. This makes the "Kenji" indicator a very useful tool both for novice and experienced traders.
Short
by Trade24Fx
GBPAUD Downside Continuation Following a tight consolidation phase, GBPAUD has broken the bullish TL that originated from late-2017. With a test & rejection of the consolidation from underneath as well as a new lower-low, we have confirmed bear-bias. A counter-TL has brought price back to a key daily level that held as resistance late 2017 / early 2018 & was used as support for a bounce more recently before failing shortly thereafter. This would be an ideal location for a lower-high to be set & for price continuation to the downside. Downside Targets: (1) Weekly Level around 1.7600 (2) Previous Lower-Low circa 1.7400 (3) Daily Level circa 1.7100 Although 1.7600 is a crucial weekly level, a lot of remaining Buy interest may have been eaten up in May & June as there was plenty of chop & consolidation around this level. If this is the case, 1.7400 is a clear target one. If open buy interest remains, another consolidation period could be in the mix around this level. If we indeed begin to rally off of 1.7600, our sell bias can only be switched if price cracks the 1.7950 handle definitively, at which point we will be targeting the top of the consolidation area / weekly level around 1.8400.
Short
by apaqu
GBP AUD - Ready to go down?Hello everyone traders! Just a simple analysis about GBP-AUD , there are 3 signals that make me think to go short on this pair: 1) The price touched an important resistance zone around 1.79500. 2) Market will close really soon and is going to close with a bearish engulfing daily ( strong bearish candlestick pattern) 3) Touched 0.5 fib zone. Fibonacci started from the high around 1.85 zone of the 26/04/2018 to the low around 1.74 zone of the 06/06/2018 As you can see from the arrow that's pointing downside , a strong bearish impulse did the retracement and now i think that's over.Will go in lower timeframe to find a good entry , a first profit zone might around 1.76500 where EMA 200 in daily timeframe may act as support. While a 2nd more ambitious profit zone might be 1.75 zone , previous low zone. Obviously that's just my analysis , invite you to leave a comment and share with me what you think about this pair. Hope to have a nice day and a nice weekend traders. See you next time!
Short
by maro9392