FX:GBPAUD   British Pound / Australian Dollar
Hello People,

Hope you all had a good weekend.

I've decided to share this idea because it can probably bring in some really good returns, so here is how I've analysed the long move.

Started with a strength meter analysis therefore showing the strength of all currencies and I've seen the Pound being in a much stronger position than the AUD.
Scaled into the D1 and saw price bouncing up the 1.70974 level and had a slight pull back. that also created a lop sided V formation for the uptrend therefore showing the strength of the buyers coming back into the game.
on pull back levels were still holding on the buyers momentum which is when i scaled on the H1 to see multiple test bars therefore showing the hold up of levels within the 1.72993 level.
so then verified where my S.L. should be and saw all levels where i can possibly manage my trade until exit.

Only thing to watch out for is high impact News for AUD on wed. 7.30pm so manage appropriately with shown levels.

Please comment. Tell me what you think.



EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out