Possible To Reversal but Today is Friday and I'm trying to avoid today's trading. Let's Trade Next Week Guys. Happy Weekend and Good Luck 🙂
Prices are facing bearish pressure from the resistance zone at 1.8600 which lines up with the 50% fibonacci retracement and descending trend line. A pullback to test this resistance area presents an opportunity to play the drop to the next support target at 1.8420 support area. Ichimoku cloud is showing signs of bearish pressure as well.
i don't think there's a need to complicate the chart. so i keep it simple!
This is my short trade on GBPAUD from yesterday afternoon. I'd been watching this pair for a while as it had a perfect L50, and the EMAs were very much short biased. I had taken a trade on this pair earlier on in the day that resulted in a 1.9% loss. Luckily for me I stuck with my short bias, and I turned out to be right. On this trade, I closed half my positon at...
GBP/AUD Signal Market Buy: 1.84600 Stop-Loss: 1.84000 Target 1: 1.85300 Target 2: 1.86530 Stop-Loss: 60 pips Risk: 0,5% Risk-Reward: 3.23
Price is respecting trendline on the four hourly. Pound-Aussie seems bullish right now. Entries on smaller timeframes. Update coming soon!
Price is making a DOUBLE BOTTOM ON THE FOUR HOURLY. Price looking bullish on all time frames. Price seems to respect the support zone on the daily and 4-hourly. Looking for entries on the smaller times frames.
Pound/Aussie is looking bullish at the moment. FALSE BREAKOUT in the Daily. Price broke above rejection zone on the daily heading to the upside. Could be looking for a 70-90 pip move. Entering on a smaller timeframe and looking for confluence on all setups
I expect a pullback to the support level after the growth
GBPAUD - 1H Chart Possible buy from here. Main target is 1.86023, but first we need to break 1.85597 Sl under this green area or at 1.84307
Daily Chart: Bearish H4 Chart: Bearish H1 Chart: Re-entry 1) Fractal breakout. 2) SL at the most recent fractal. 3) Trailing SL based on several strategies e.g. fractals, ATR, Kijun break, Tenkan-Kijun cross.
GBP/AUD make a sell trade setup. nice opportunity for short.
Pound-Aussie looks Bullish at this moment. Quick Analysis, we see price bouncing off multiple times on the hourly as well as the four hourly. Drew my Zones to see if the price breaks above smaller timeframes to the upside.
4h Inverted Head & Shoulders buy limit set 1.85053
This is my idea on GBPAUD on the 15 mins timeframe. just from simple price action. trend lines and significant zones.
My view/signal of GBPAUD . Potential long opportunity. After a successful short trade I posted previously I’m expecting the price to come back up to MPBA (Major Pullback Area) 1.88350 , after a clear break of PBA 1 (Pullback Area) . Entry is at 1.85048 . Stop Loss is below current low and below a possible pullback area (7th of July 2021) . Stop Loss ...