Strong ABC or 1,2 Confirmation > 15m TF 71% deep Fibonacci can be seen > 1hr TF, retracement can be seen > 71% deep retracement meaning this will be extended and take me over 3/4's of the distance I'm forecasting > Entry at break
I do respect the idea that GBPAUD might drop along with EURAUD. We're also near the horizontal weekly resistance right now. If i draw a trend line connecting the low and high of GBPAUD recent movement. It will look like a broadening wedge pattern. In terms of Elliott Wave, this is a broadening ending diagonal. Sell GBPAUD 1.8610 Stop loss 1.8670 Take profit...
Massive Resistance Area is resist on more than 7 times then possible to reverse change on SELL Trend And parallel channel pattern also meet Resistance Area
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Scroll to the bottom to see valuable...
We can SELL to BUY. Wait for the break of structure at 1.85950 area and a pullback onto the supply zone to sell into the demand zone.
Nice edge in the Asian session. Rather low conviction for it!
Idea created by analyzing price action from multi timeframe with Fibonacci retracement as indicator. Please COMMENT bellow if there's any question. LIKE & FOLLOW @HM_fxtrading for more updates everyday.
My analysis for GBPAUD , its currently in a channel respecting the trendlines , it recently just consolidated at the top of the channel so i think its gonna break the consolidation and fall back into the channel and continue to respect it
Bank liquidity zone was formed after many people were wicked out at 1.846. Given the already bullish market structure, whenever price comes back to hit that zone I knew it was shooting up.
Pair Name : GBP/AUD Time Frame : 2hrs Scale Type : Large Scale Analysis Way : Volume + Classic + High & low + Market Map Direction : / Short Educational —————**- Just browsing through my analysis means a lot to me. Update - ———— VIP Opportunity + Public Channel Take Profit 1 + 2 Account Growth = 10 % Pip' Achieved = 120 PIP 0 Draw DOwn
Our reversal strategy has alerted this trade on GBPAUD working the 15M time frame. Entry details are shown on the chart. We're only looking for the green line which is take profit target. Trade history can be seen below this trade idea too for full transparency. Previous trade shown on chart. ------------------------------------------ I try and share as...
Zone: Daily Supply zone formed from previous trend break Stack: Weekly 4h: Star pattern *price has already reacted towards this zone, but there's a weekly stack that has not been touched hence making it fresh *price also reached beyond 50% outside of the zone but the valid pattern formed inside of the tradeable area. *just worried that I might be putting one...
Hello,Friends! Based on the technical analysis, and the recent minor fundamental news GBPAUD looks bullish to me overall. I think marketmakers will be pushing the pair up That is why we are going long Like and subscribe and comment my ideas if you like them!
This pair is certainly bullish, there's no doubt about that, with the GBP beginning to pick up the pace and show strength recently. The higher timeframes are screaming bullish also, the lower timeframes are doing the same. Price is creating higher highs on the M15 and M30 timeframe. I want to swing my positions up to 1.86XXX, I may hold over the weekend if my...
The price continues to rise after the breakdown of the upper savings line. A growing price channel has also been formed. The price is correcting to the lower border, from which I expect continued growth, the urgent target is a strong resistance - 1.877 ------------------- Share your opinion in the comments and support the idea with likes. Thank you for your support!
Prediction - Short: - Resistance @ (Top)1.858 - Support @ (Bot) 1.838 Why: We're near the high for the month but not nearly as close to the previous years high. Divergence on the higher timeframes and near resistance level. --------------------------------- Prediction - Long: - Support @ (Bot) 1.838 - Resistance @ (Top) 1.858 Why: For a long position, it'd be a...