GBPAUD > The Best Place for A Short, Possible 50 Pips!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #GBPAUD
Hello friends.
Possible structure trade near a key level looking left, waiting for the market to get inside the zone then I will look for a valid short trade for a possible 250 pips move.
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
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!)
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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