GBP/AUD has currently a strong bearish momentum and by the looks of the 4H chart, it is without support (Weak and can fall more). To catch this potential move, put your SL above the 4H 50 EMA. Tip: Always keep in mind that what matters in trading is to be profitable on the long term and not the result of one trade alone. Trade safe.
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Hey folks, We have entered GBPAUD sell: Price @1.82477 SL @1.83983 TP @1.80920 1% risk on this trade with a 1/1 ratio Keep in mind, once price closes ABOVE 13 EMA on H4, we're going to take a scratch and close the trade. Confluences on H4: - M formation - Massie divergence - Baseline bounce (TDI) - @ D1 Zone Flip
UPDATE: We have entered this trade at 10:15 CEST at 1.81962 SL: 1.8220 TP: 1.81750. Sell Limit at 1.82010 same SL and TP. If price were to close above the 13 EMA we're gonna kill the trade and take a scratch! Hello, Quick setup analysis on GBPAUD. This is my favourite Market Maker move. We wait for a pattern to occur during London session, wait for the 13 EMA...
GBPAUD broke the structure and potentially continue the downtrend. Please use proper money management and lot size. it's a swing trade. Please hit like to support and follow for more ideas.. Vinny
An opportunity has presented itself to ride GBP/AUD short. As price breaks current level, they will go down until they find a strong support. GBP/AUD is currently bearish in long term until oversold. Preserving your capital comes first. Next comes growing it.
Hello everyone traders! Just a simple analysis about GBP-AUD , there are 3 signals that make me think to go short on this pair: 1) The price touched an important resistance zone around 1.79500. 2) Market will close really soon and is going to close with a bearish engulfing daily ( strong bearish candlestick pattern) 3) Touched 0.5 fib zone. Fibonacci...
GbpAud - Weekly chart - I see a break of structure on weekly trend and anticipating another swing down for this pair..
Short GBPAUD @ 1.81600 (full position), we have a Weekly Supply Zone ideal for shorts. Scale in your position from 1.80200 You can do 1/3 at a time up to 1.81600 or 1/2 at a time until 1.81600. Target the immediate demand Zone sitting @ 1.73770 Use price action to determine exact entries and be smart *This is not trading advice*
I have been waiting for this opportunity since yesterday morning. A pullback to the 50% fib level was achieved along with a perfect shooting star and trend line rejection on the 2hr. I will be taking this down to retest structure at 1.78500 support area with a nice R:R
General trend seems bearish, might get a minor pull back before a huge sell or we could possible see a waterfall at CMP depending on how the market reacts in the coming week.
Buy on dips around 1.7738-72 for a target to 1.7981, stop below 1.7589
Entry 88.6 Stops under X Targets 38.2 and 61.8
GBPAUD sell from current price reasons for sell 1-we have breakout of trend line 2-we have strong ressistance zone 3- price don't make a new hi 4- we have divergence also sl-1.72098 tp-1.66093
Sell GBPAUD. Nice idea to short GBPAUD. Keep it simple. Cheers :)