Hey there guys! Hope you have had a good trading day and week so far. Only managed to lose one trade today, but you live and you learn!
GBPAUD has had a false breakout and is re-testing the weekly support. The confirmations for this trade was the long wick candle on the hourly chart telling me that it does not want to continue going down and turn the weekly...
Hey guys, hope you are doing well. GBPAUD is rejecting monthly support as well as a minor support, this tells me that there are buyers that are getting out of a long trade and potential sellers executing for a short.
HAPPY TRADING! :)
Hi guys, hope your trading is going well. I just wanted to share you guys an idea, price has came down and has hit a level of support. This trade could be a potential long trade as it has hit an area of support and i am expecting it to go up. But before you decide to go long, I suggest that you guys have a good look at it and also wait for confirmation.
For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite ways to manage your trades to suit your mindset and time.
This trade idea is for educational purposes.
My analysis is what I have seen in the market.
Have a look and see if you see the same thing or anything different!
Always use proper risk management!
You've got this!!!
We have seen a nice downtrend and this pair went down to major level. I'm expecting a double bottom followed by a bullish engulfing candle to go long. Please note, this is a temporary long position as I do not see GBP gaining much strengh in coming week.
I have placed the buy order accrodingly along with the sl and tp. This trade will be invalid should it not...
Short & Simple mark-up for GBPAUD. Hoping to see this fall bearish to at least 1.85000. My initial target is set to 1.80000 and second target reaching 1.76000 overall on the monthly perspective. However, things may change drastically due to fundamentals and some restrictions of COVID being lifted in the UK. If this goes bullish, I’m hoping for this to be after the...
GBPAUD has resisted the BULLS since the 8th May and there has been no new low since that date. It appears the BEARS may be giving up so I'm in LONG with a STOP under the lows at 1.8923. Target is unclear but 1.9200 should be the first port of call.