Trendline H1 ! Set up SELL, test support⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
GBPAUD today will have notable GBP news, affecting current prices. Trade with today's news data
⭐️ SET UP GBPAUD PRICE:
🔥SELL zone: 1.96300 - 1.96500 NOW SL 1.96800
TP1: 1.96000
TP2: 1.95500
TP3: 1.94000
⭐️ Technical analysis:
Trendline H1 , test support and NEWS GBP TODAY
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Shortgbpaud
GBP/ AUD !! Trendline and resistance !! SELL NOW ⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Monday's trading session did not have many fluctuations, the price area touched the trendline and resistance area, setting up a SELL signal
⭐️ SET UP GBP/ AUD PRICE:
🔥SELL zone: 1.94300 - 1.94500 SL : 1.94800
TP 1 : 1.94000
TP 2 : 1.93700
TP 3 : 1.93300
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
Short GBPAUD on UK Weakness & Hawkish RBAThe GBPAUD is clearly showing weakness in its daily chart and a turn in its weekly chart. The fundamental reason for this weakness is clear: the UK continues to be weak generally despite slightly better PMI readings this week. More importantly, the RBA is of the view that inflation continues to be too high in Australia and isn't afraid to continue to raise further from the current 3.85%.
GBPAUD - RiskyShort - CounterTrendHi everyone
I think that we can take a short position with a higher risk than usual up to the specified targets.
Entry point - targets and stoploss are clearly defined.
Please have capital management and do not enter more than one percent of your capital in any position.
Note: When the price reaches our first target, we close half of our position in profit and the other half is risk-free and we leave it open until the second target.
Thank you all
GBPAUD to 1.7000Let's do this,
I had GA dropping last week and I did catch a nice trade to the -27 extension area nice 4% gain (1%risk) and now am still bearish with GA as I'm expecting it to drop to -61.8 extension area which is 1.7000 I'm not going to trade it up to the 1.7 probably 20 pips above @1.6980 waiting to get a nice reversal from the smaller time frames it's now retracing.
NOTE : Ofcourse nothing is guaranteed in the market could switch bias if structure changes but as far as I'm seeing am bearish on GA.
MY VIEW ON GBPAUD : SELL THE RALLYGbp did drop massively this morning in Asian session. But somehow GBPAUD rebound to 50% fibo level as it is shown on h1 chart timeframe. In my opinion for pair like gbp, the worst is far from over. So the rally in my view is good chance to sell. My stop is around 1.6645-1.6650 with the tp around the low of today (1.59xx area).
Bearish swing trade on GBPAUDI got a bearish signal and a market cycle lining up. Also the COT has both of these currencies being shorted. The Aussie is correlated to gold and this is typically a great month for gold. So it looks like fundamentals and technicals are lining up.
On the daily I have a trade entry @ 1.786, but I'm taking the position and managing it on the 4h.
Seasonality has the GBPAUD bearish from Jun 26 - Jul 20
Entry @1.786| SL@ 1.7905| TP1 1.750| TP2 1.7200
Short idea GBPAUD Bearish Flag! #GBPAUD @GBPAUDGBPAUD H4 is making a Bearish Flag for retracing less than 25%!
Short!
Measure the pole 1 and TP1: 1.74330
All the best!
Bearish Outlook on GBPAUDExpecting to see some bullish movement of the AUD in the upcoming trading week.
Price formed a double top, then made a bearish impulse breaking the previous low (which is now acting as the neckline of the double top).
Price then found support at the 50.0 fib level completing the bearish impulse and formed a double bottom. This double bottom formation was ultimately created to test the neckline of the previous double top (which it did).
On the 4h time frame price is having trouble breaking this weekly resistance level. I think price may create a false breakout/move to the upside, then making another bearish impulse.
GOING TO BURSTGBPCAD
Price currently in correction mode, if the correction ends at this level, then price will fall.
Confluence:
Bearish Flag
BRN
Note: Invalid if price break structure
Entry Confirmation
Wait for valid bearish CRS then entry
Entry:
Sell @ 1.6720, SL @ 1.6820 (100 pips), TP @ 1.6300 (420 pips)
Sell on GBPAUD because sell retest buy angle mirrors patternOpen sell order on 1.8240
SL - 1.8295
TP - 1.8090
RRR - 1:2.32
RRR not big but interesting trade - sell retest buy angle mirrors pattern.
We have strong news tomorrow night, so i waiting good sell movement.
GBP is going sell too (attached idea)
Short GBPAUD, Leading Diagonal, End of Wave 1, Wave 2 to start This is a clear cut leading diagonal pattern. Above is a clearer wave count of the whole structure. Leading diagonal moves in 5-3-5-3-5 structure, unlike an ending diagonal, which is 3-3-3-3-3.
Since wave C cannot be the shortest wave, we estimate the current high at 1.757 is the top of this whole structure. If prices move beyond this level, we would have to relook at the whole wave structure again.
Typically leading diagonals has the longest wave 1 of the entire 5 wave move, which is true in this case. Several fibonanci projection levels and retracement also gels with the above chart.
Leading diagonals typically deeply retraces wave 1, 61.8% to 78.2% of the entire move. We are looking for a 3 wave bearish corrective structure to take place. Zig Zacks are quite common.Thus our take profit take is set between those levels.
Trade Idea :
Short at 1.751
Stop Loss, 1.758
Take Profit : 1.67 (First target)