The 4H chart, is showing that this market is making a textbook diamond bottom. Diamond bottoms are strong reversal patterns, and looking at this market, any dips should be used, to go long, with a stop below 1.59. The target would be around 1.64 Good luck.
THE WAVE CORRECTIVE STRUCTURE IS FINALLY ABOUT TO BREAK. ONCE IT BRAKES PLACE A "BUY LIMIT" ORDER AT THE RESTEST! TELL ME WHAT YOU THINK
I missed the initial bounce, but I think a clean break of 1.61 would be a good opportunity to catch some pips.
LONG GBP/AUD Correction from important monthly Zone
On the monthly time frame (a part from the description on the chart) price have reached oversold conditions on momentum as well as fresh demand. This lines perfectly up with T.D Studies.
quick dirty and deadly ;-) long after a valid braek of trendline here ... lower low will invalid the set up... have a good journey ;-)
Daily HeatMaps of my latest script modifications. The colorful plots had no sense when i oculd not see what is gaining and what not so here: ** GAIN is always in GREEN ** FALL is OTHER The kind of increadible suprise to me was that after the numbers came up (numbers used to convert to colors) i realized that this numbers can create the PERFORMANCE INDEX of The...
GBPAUD will soon hit support on the daily chart. Predicting a Long trade from 1.68000.
all the detail on the chart this time :P wish u all the best
Currently long on gbp/aud. risk to rward is very good on this trade 1:4. lets see how it plays out.
longing GBPAUD after breakout. Wait for it! GOOD LUCK to everyone
This is a counter trend trade but GBP has been selling heavily and may need to correct to the upside for a time. This channel presents a good opportunity to do so. Lets see if it play out. Happy trading
H&S on Daily , RSI divergence . TIME TO GO UP! [