Gbpaudshort
GBP/AUD - Completedwe sat in this trade for 1day 19hours.... a very long time for the way I trade. this entry was taken from the 15m chart. We had a huge liquidity spike that almost reached our take profit target but was a few pips short.
I and the rest of the members in the discord server so happy when it reached TP! was a long time coming!
GBPAUD - FOREX - 03. MAY. 2021Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish break below main sr level.
4 HOUR
Price consolidation with possible breakout shortly.
DAILY
Overall bearish market structure, looking for another break towards previous lows.
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FOREX SETUP
SELL GBPAUD
ENTRY LEVEL @ 1.79170
SL @ 1.79890
TP @ 1.78060
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
GBPAUD, 4hr tf, HnS pattern after break below trendlineIHello my friends,
GBPAUD just break below the trendline which supported it for the last 3 months since January 2021.
Price right now retesting it as resistance and there is also descending trendline which will now become the resistance for this pair.
It looks like price making a Head and shoulders pattern and the measured objective of this pattern is around 440 pips counting from the top of the head to the neckline.
Price already broken below the trendline and i think this upwards movement is only a retracement to test the resistance.
We might see price continue going south in the coming days.
Sell GBPAUD 1.7940
Stop loss 1.8020 (80 pips)
Take profit 1 at 1.7600 (340 pips)
Take profit 2 at 1.7440 (500 pips)
RR Ratio 1 : 6.25
Use only 1-2% risk
Good luck
** GBPAUD ** sell trade currently heading toward TPHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
Strategy Report
OverviewPerformance SummaryList of TradesExport
$ 3089.95
3.09 %
Net Profit
22
Total Closed Trades
63.64 %
Percent Profitable
2.199
Profit Factor
$ 2016.48
1.99 %
Max Drawdown
$ 140.45
0.14 %
Avg Trade
13
Avg # Bars in Trades
GBPAUD facing bearish pressure, potential for further downside!Price is facing bearish pressure as it continues to hold below the descending trendline resistance and Ichimoku cloud, in line with our bearish bias. Price could potentially reverse at 1st resistance, in line with 61.8% Fibonacci retracement, horizontal pullback resistance and descending trendline resistance, and further downside towards 1st support, in line with -27.2% Fibonacci retracement, 100% Fibonacci extension and horizontal swing low support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Sell GBPAUDKhung D1 dang co dau hieu giam ( cat xuong EMA 21_ mau do ), RSI < 50, MACD < 0
Khung H4, h1 cung cat EMA 21 :vv
Chung ta se canh 1 lenh sell kaka :vv
Doi gia quay len retest lai cai day cua h1, khi do xuat hien nen rut chan tu choi ema 21, nen nhan chim hay mo hinh nen dao chieu do thi phang luon :33
GBPAUD facing bearish pressure, potential for further downside!Prices are facing bearish pressure from horizontal swing high resistance in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push down towards horizontal swing low support which is in line with 78.6% Fibonacci retracement and 161.8% Fibonacci extension. If prices push up further, prices might face resistance from horizontal swing high resistance in line with 78.6% Fibonacci retracement and 127.2% Fibonacci extensions. EMA is also above prices, showing a bearish pressure for prices.