This is an update on the GBPAUD pair regarding our November 19 analysis (see chart below) where we called for a sell at the top of the Channel Down: As you see the price action responded with a respectable decline that hasn't yet reached our 1.8300 Target and most likely this is due to the shift of the Channel Down a little upwards. This diverging Channel...
Dear Traders, Hope you are doing well and enjoying the festive holidays. GBPAUD the first entry that we took, it dropped successfully 560+ pips from our entry, though as price drop it leave behind LQ Void(gaps) in the market which is where will likely to be headed in coming days. Please wait for price to do some correction and then enter using small timeframe...
Hey everyone, FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can...
GBPAUD has broken the trendline and it may fall further, we will wait for the retest before taking a sell trade
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.87880 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.89107 Why we like it: There is a pullback resistance that aligns close to the 61.8%...
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.87666 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.89200 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...
A H&S top has been completed. The decline indicated by the pattern should equal the height of the H&S itself
Drawn from one of my better trading strategies. News, extremes, and broader techniques derived from my Secrets of Forex articles are at play. Buy, and keep buying into red. Close into green. It's made holiday simple. DSMA and DSR act as better targets. Always close within 4-6 range (on my chart time) if DSMA or DSR are not hit by EOD. Merry Christmas you filthy animal.
FX:GBPAUD came back to a major zone and forming a potential drop. If price closes as a bearish candle, I'm going in to target 1.89179 as TP 1 and 1.88068 as TP 2
My dear subscribers, GBPAUD looks like it will make a good move, and here are the details: The market is trading on 1.845 pivot level. Bias - Bullish My Stop Loss - 1.8675 Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.8874 About Used Indicators: The average true range ATR plays an important...
Dear Traders, gbpaud distribution phase ended last Friday, price currently recovery from heavy sell off. Our target is reasonable as GBP is likely to gain back its strength as the week progresses. After looking at the last few candles of 1 hour timeframe, it is clearly visible that bullish momentum is increasing and price can reach the target in short time. If...
Pair : GBPAUD ( British Pound / Australian Dollar ) Description : Completed Impulsive Waves " 123 " and making its " 4th - abc " Impulsive Waves. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line. It can Reject from Daily Demand Zone or Fibonacci Level - 78.60% Entry Precaution : Wait for Rejection or Retracement
GBPAUD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPAUD Entry - 1.8733 Sl - 1.8619 Tp - 1.8977 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
My dear friends, GBPAUD looks like it will make a good move, and here are the details: The market is trading on 1.8842 pivot level. Bias -Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.8960 Recommended Stop Loss - 1.8789 About Used...
it will go long with first TP : 20 PIPS THEN BE , I WILL GO WITH 5 LOT
Reason for short: ---------------------------------------------------------------------------------------------------------------------- 1. Liquidity grab $ 2. Clear BoS 3. Imbalances at premium...