Broken trend line has been respecting and coming back to the retest/ breakout candles. recent broken structure and retest resisting this area. Looking for a nice 1:5 RR short trade. we can enter more sells if we get this recent trend line break and retest. hoping for London to push market down
The GBP/Australian Dollar pair is preparing to enter the third wave C after completing waves A and B on a four-hour frame. It is expected that the rise will reach the supply areas at the top or higher
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
UK GDP data released today underwhelmed as the UK economy shrank by 0.3% for the month of October. Having avoided a contraction during the July-September period it appears the luck has finally run out. The July- September period largely coincided with the UK summer which could in part explain the GDP number posted. The increase in visitors and travel by UK...
After multiple timeframe analysis GBPAUD ABCDE triangle wave sell short GBPAUD idea 2 ideas: -mid term -long term multiple TP extra TP 1.90529 TP 1.89180 TP 1.87540
GBPAUD GBPAUD has been rangebound since the Middle of September but is attempting a break below the range today. We have had two previous attempts to break lower with a daily candle close below opening up a larger move to the downside. The next key support area rests around the 1.8500 handle which is 400-odd pips away. If price does fail to close below today it...
💵Pair Name GBP/AUD Time Frame : 4 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Retest 1.94300 Area Reasons - Major Turn level - Fixed Range Lvn - Choch Area - Turn Over Trend Line Bullish Reversal 1.93000 Area Reasons - Trend Line - Pattern Target -...
Broken structure and broken trend line market came back and retested, if we get a bearish closure on this zone we can sell for a great risk to reward setup on this trade idea. 4h time frame we also have broken structure and rejection.
GBPAUD - Classic bullish formation - Our team expects growth SUGGESTED TRADE: Swing Trade Buy GBPAUD Entry Level - 1.9288 Sl - 1.9237 Tp - 1.9389 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Can this potential Wyckoff distribution pattern send GA back to 1.9100?
Market structure respecting this supply area and lower time frame we see head n shoulder pattern and break of structure. great risk to reward setup. can take more setups if we get a retest of this 15m break.
Price is still in a bullish run and has bounced off the 50%, but has made several attempts at 1.95 and failing. Expecting a bearish run on this pair. targets at 1.89, 1.82
Hello,Traders! GBP-AUD is going down Now but the pair is about To retest the horizontal Support of 1.9191 and After that a local Bullish rebound Is likely to happen Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Market structure showing us short idea. structure broken and retested right before london session. great risk to reward setup. higher time frame we have 4 hour structure retest as well. hoping for London volume to push the market down
Market structure showing us a sell of with a broken trend line and retest of the trend line, market broke structure as well and coming back to retest this zone. lining up with London session hoping for some Volume to push the market down. great risk to reward setup.
This is my analysts on this pair, I think we have a small bullish wave and then its going to start a down wave .
Expecting GA to fall a bit more before continuing in the current bullish impulse it has created on the weekly timeframe. I would be interested in buying on the 3rd touch of the weekly bullish trendline. My desired spot price is 1.90050 however it may not touch the trendline there so I will update this accordingly. Confluences: 3rd Touch on weekly bullish...