Until the closure of this week, prices are still stuck in support. Although there are several bearish candles that are quite thick, but not enough to form a new low structure. There are several measurable targets that can be anticipated every time the price succeeded in penetrating each SND area.
Seeing that the GBPAUD market structure looks very bullish, although at this time if you see that the RSI is already at saturation point, there is a possibility that the price will correct itself in the SnD area and then continue to be bullish again.
In the last 10 days this pair was seen experiencing bullish, but in my opinion, this pair is still in the complex correction stage and there is a most likely to occur bearish. I look for opportunities to do this short and analysis valid as long as prices do not rise higher than invalid areas.
if we pull the trendline as in the picture, it looks like a bullish channel. today there has been a high enough bullish movement to form a BoS. the closest target is the channel trendline above.
#GBPAUD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Hello everyone. My expectation for this trade. First a short and than it will go long for the rest of the month or so.
Hellooo...My Dragon Friends I see GA for this moment already touch the higher part. I need some retracement for get more higher than higher. Lets see and waiting for retracement part Happy Trading Smart Trading Money Management Risk Management Disclaimer On
We expect to buy this pair GBPAUD because we are in a strong bullish phase until the gap above is entirely closed. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely.
GBPAUD has reached @ strong support zone and also GBP is trading above 1.36000 zone as we predit it will gain more against US $ in our previous analysis friends we took this trade with a small risk and looking for higher rewards Push like it will be ur great love for us and help other traders to caught some good entries in this market Follow us for more updates...
If you have taken this trade with us 2 weeks ago then you should have got out on breakeven, next week we are expecting an up move but its not ready as it is, wait for proper setup before you jump in .If you don't know how to trade this pair we recommend you to stay away since this is one of the most volatile pairs so risking big on this could be catastrophic....
Sell GBPAUD between 1.98000-1.9600
See chart for illustration
Our algorithm managed to do 3 small winning trades on GBPAUD this morning. 2019-09-02 10:03:01 GBPAUD Buy 0.05 1.79685 2019-09-02 10:07:27 1.79839 2019-09-02 09:27:01 GBPAUD Buy 0.05 1.79906 2019-09-02 09:35:55 1.80098 2019-09-02 07:14:00 GBPAUD Sell 0.05 1.80904 2019-09-02 07:35:43 1.80731 We had pairs with GBP in it switched of for a while before. Please...
Use position size calculator DO NOT RISK more than 1% SL: 1.76800 TP: 1.87000