Hello Traders, 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.
This is a key resistance area on the weekly which has been tested. On the 4hr we see a clean breakout long form the previous high (Point A). Now the price action is returning to retest the new support level (Point B). Once this happens we will then revert to the 15 min chart for a entry long. Look at how to enter a trade properly on the 15 min chart on my previous post.
SHORT GBPAUD 1.81250 levels , target 1.80500/1.80200/1.79700 , STOPLOSS 1.81800 for now we will trail
SHORT GBPAUD 1.81904 , target open 1.82700, for two to three days
AUDGBP good looking for short with good riskreward
BUY 1.8065 TP 1.8085 TP 1.8115 TP 1.8165 SL 1.8000
I would expect a fairly large rejection from this resistance line - potential entry 1 for short position if confirmed... If this resistance breaks then we could see gains upto the top of ascending channel support before being rejected and returns to lower support of channel- next test of this lower support channel line is likely to break (Short Entry 2) and we...
3rd wave is extensive because 3rd wave retraced above 1.618 . T1=0.557. 5th wave can not move above 0.559. a,band c is correction... parallel channel connecting with wave 2 and 4.
Entered as shown on chart. I will trail my stop loss if we get decent upside movement.
AUDGBP is looking strong for next 4 to 5 hours
Wait for pullback on 0.38 Fib before going long again
FX_IDC:AUDGBP PRICE WANT TO CLOSER BLOW SUPPORT
GBPAUD reach resistance, we can take short with 147 pips target at channel up support as target. Good luck
Possible long within next 48h. Triggered indicators are highlighted with red circles. Red line Resistance. Blue line Support. TP 0.5380 SL 0.5292 Happy Trading!