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
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Gbpaudtrade
GBPAUD, 4hr tf, sell on retest of potential reversal zoneHello everyone,
GBPAUD pairs gonna be my 3rd trading plan for next week.
This pair trading plan gonna be like GBPNZD.
Both of it aiming for a potential downward movement to fill the gap.
This gap have now been left open for 2 weeks.
It is not fully closed yet and i think we could see it sooner or later.
The best place to enter sell will be arond 1.7900-1.7920 because it has acted as resistane for 2 times.
I am waiting or price to test it once again and enter sell with a pending sell limit order.
Sell limit GBPAUD 1.7900
Stop loss 1.7960
Take profit 1.7570 (5.5R)
RR Ratio 1 : 5.5
Use only 1-2% risk
Good luck
GBPAUD - buy after break outFar level retest.
The price is returned for the retest level-the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
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POTENTIAL FOR GBPAUD TO FURTHER MOVE BEARISH We saw price break bearish today and recently found support from which we moved bullish , price is now showing great potential to further break bearish once it re-tests the marked region , price potentially going to slow down and reject from this zone and this is what i'll be looking for.
GBPAUD 4HRThe overall trend is bearish bias, in the meantime, however there will be a moderate retracement to the upside from 1.80794 (23.60%) to 1.84025 (78.60%) according to the 2nd Fibonacci sequence. From the retracement to 1.84025 (78.60%), the forecasted projection is set to be completed at (1.75766).
GBPAUD Short ideiaWe have 5 confluences on the graph:
1- Falling trend.
2- Respected the trendline.
3- Level 61.80% of FIB respected.
4- Respected the resistance in the candles of 1h, forming a bearish candle.
5- Head and shoulders
So with all this confluences, I can short with a 1 to 5 risk reward.
I enter in the 15min chart at 1.81540
GBPAUD - Full Analysis Breakdown Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPAUD, if you any questions on the pair let me know in the comment section below.
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