Rich
GBP/AUD Short Idea TradeMarket broke the counter trend line and retesting it.
Higher time frames we are respecting this area and when we dive into lower time frame you can see the trend line break and broken structure being retested.
its Friday so we can expect the moves to play out next week. this is just my idea for next week.
GBP/AUD Long Idea TradeMarket structure broke resistance now testing as support.
we respected this area on higher time frames multiple times and now on 15m we broke structure to potentially rally 100 pips to the next clear resistance area where the market has not tested.
great risk to reward setup. better confirmation would be if we respect the blue support zone.
GBP/AUD SHORT IDEAMarket structure showing us LL and LH created.
Broken support and came back retested made resistance structure.
higher time frames at major resistance and when we go down to lower time frame we break it down to the market flowing sells.
great risk to reward.
can take more sells if we break this trend line for London session.
GBP/AUD SHORT IDEA 1:5 RRMarket structure has been breaking down with LL and LH.
Market broken this trend line and we are retesting it just in time for London session. tested support area became resistance.
higher time frame we are at a supply area so when we break down to lower time frame we see a sell off.
Great risk to reward setup.
GBP/AUD SHORT IDEAMarket created a lower structure came back to this support area and creating resistance. this would be a great risk to reward setup with a sell from here but to confirm sells further more you can wait for that trendline break and retest.
this trade seems to make sense as of now. we are outside of london session so anything can happen. trade at your own risk!
GBP/AUD SHORT TRADEAt a major resistance zone. supply area
great risk to reward setup.
i would wait for pre london session for a more clear reversal patter as we can still easily break above. entering now would present the best risk to reward setup. but the probablity is not as high as we can get later on before london session.
1:7 risk to reward
GBP/AUD Long Trade Idea 100+ PIPSThis is my idea for next weeks trading.
Higher time frame we are at a support area.
when we look into lower time frame price structure respected the support and is making its way to the upside with HH and HL.
great risk to reward setup on this trade once we come down to this 15 minute support area we can place a buy with 1:5 or higher risk to reward setup.
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