Gbpaudtrade
GBPAUD - (Continuation) SHORT; (re)SELL it here!Been short this what seems like forever (and making lots of money!!) with still miles and miles to go - down!
This is easily the 2nd best trade (Short) of 2021.
Here is the long term picture;
GBP/AUD at Big SupportThis is at a big support level so looking to take a long position soon. MACD is showing on the daily that this is still bearish as it is below 0. I expect this to drop slightly from its current position, if it meets the support area marked in blue then that could be a good entry point with SL just below the lowest point of the support. TP is set at 0.382 Fibonacci of period from March 2020 to the low.
GBP/AUDAs for Eur / Aud and for GBP / AUD we have a nice setup, although we would not be in too much of a hurry to enter the buy position for this pair. It is smarter to set up a much safer sell.
GBPAUD shortAs we can see the Pair is in a longterm downward trend and is now approaching a key level (1.77500) nearing its longterm downwards trend line. I will be looking to short this pair down to its key support at 1.76000
Price also at the top of its rising wedge
GBPAUD Trendline TestAs we can see market is following Trendline (Since 1-12-2020) And now now create a bearish engulfing candle stick pattern which confirm a bearish movemnet.
GBPAUD BULL RUN CONTINUEAs we can see a flag pattern and TL test for bullish run.
So we are expecting a long term bullish run after TRENDLINE TEST.
GBPAUD--- Weekly Planning- Update LiveDisclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
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GBPAUD Sell Trade SetupGBPAUD is still under the bearish structure. So once we have a break of the current H4 zone than sell on a retest would be a very good option to target the low.
GBPAUD SELL IDEAHi Traders,
On the following confluences I like to Sell this pair.
1. Down trend.
2. Key Level (S/R zone)
3. Supply Zone
4. Bearish Pin Bar as price rejection and downward signal.
Good Luck
GBPAUD BUYING FROM SUPPORT ZONEGBPAUD has reached @ strong support zone and also GBP is trading above 1.36000 zone as we predit it will gain more
against US $ in our previous analysis friends we took this trade with a small risk and looking for higher rewards
Push like it will be ur great love for us and help other traders to caught some good entries in this market
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GBPAUD - Drop & PurgeI am expecting a significant sell off on this pair to purge the equal lows. Once the liquidity has been grabbed and we begin to see new signs of bullish structure, I would like to trade this into the target marked.
GBPAUD - Global trend down Preconditions:
- Large Accumulation.
- global trend down
- local trend down
- The downward movement will continue.
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GBPAUD YOOO LET'S EAT ALL THE PIPS GBPAUD price is reject the strong level of support , GGBPAUD will go long
GBPAUD NEAR SUPPORTAs we can see market is in following support and TL. Now we are expecting a fakeout near support for long up side move.
GBPAUDHello Guys welcome back,
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPAUD TOUCHED SUPPORT ZONE AND TRYING TO GO UP TO RESISTANT ZONE, LETS SEE
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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