Gbpaudshort
GBPAUD SHORT COUNTER-TRENDCAUTIION!! This is a Counter-trend Trade.
The market is clearly in an uptrend but has hit the upper trendline resistance level, i anticipate a sell to 1.83500 or even lower.
there is a possible HnS on lower TF to find your entry. Risk with Properly
GBPAUD| SHORT| Areas of interestDaily Trend: SELL
LP Sentiment: 42%
Looking for a pull back into the Sell-side imbalance area for a move lower. I would deem this a counter trend trade against the liquidity provider order-flow, but the technicals are changing to a Selling bias.
Let’s see what the Australian Interest rates have to bring
Focus on seeing this setup happen in the London Session.
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Happy Trading
Mr Ionic
GBPAUD | SHORT | Areas of InterestDaily Trend: SELL
LP Sentiment: 44%
Looking for a pull back into the Sell-side imbalance area for a move lower. I would deem this a counter trend trade againts the liquidity providor orderflow.
Focus on seeing this setup happen in the London Session.
Don’t forget to follow us on tradingview
Happy Trading
Mr Ionic
GBPAUD H1 Short Double-top forming on H4.
Price formed a H&S pattern on H1 before breaking through trend support.
On M15 price has retested the support and shown rejection.
Waiting for bearish engulfing and for double bottom to be broken as confirmation for entry.
SL placed at support of rightmost shoulder also at last swing high.
TPs placed at next support levels.
shortWe have encountered a strong resistance range and will probably need a price correction. Due to the low power of buyers, it can be said that buying in this situation has a high risk and selling is the right option.
GBPAUD, 8hr tf, sell on 61.8 retracmentAs you can see price making a bearish pinbar exactly at 61.8 fibonacci level.
We might see price drop from this level so i am planning to sell it here.
Sell GBPAUD 1.8420
Stop loss 1.8470
Take profit 1.8200 (4.4R)
Use only 1-2% risk
Good luck
GBPAUD Overview week commencing on the 28th June 2021Weekly Closure - bearish engulfing.
Daily Chart - uptrend however currently retracing
H4 Chart - uptrend but currently retracing
30m Chart - Downtrend finished break of resistance. Potential restart of uptrend.
GBPAUD AnalysisHello friends.
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Everything on the chart.
Good luck everyone!
stop 1.849
take 1.82
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GBPAUD SHORTGBPAUD SELL :
REASONS:
1)IT CROSSED THE REGRESSION TREND AND THE HIGH LEVEL OF RESISTANCE AND STILL MOVING DOWNWARDS
A SMALL BULLISH CANDLE MAY APPEAR JUST TO CONFUSE US BUT A BEARISH BREAKOUT WILL HAPPEN AGAIN AND WILL TOUCH OUR TP
TP : 1.81787
SL : 1.83461
💡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
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💡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 (1.8517).
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 48.
Take Profits:
TP1= @ 1.8404
TP2= @ 1.8327
TP3= @ 1.8235
TP4= @ 1.8167
TP5= @ 1.8103
TP6= @ 1.7945
SL: Break Above R2
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. . . . . 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 (1.8517).
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 48.
Take Profits:
TP1= @ 1.8404
TP2= @ 1.8327
TP3= @ 1.8235
TP4= @ 1.8167
TP5= @ 1.8103
TP6= @ 1.7945
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 ❤️
