I would like to take GBPAUD back to the upside from what I believe is an inverted H&S pattern. I believe it could push much higher than my target but this should be a nice swing play. Expecting a break out soon.
Certainly! Here's a structured thought process for your GBPAUD weekly analysis:
GBPAUD Weekly Analysis:
Identification of Downtrend:
Observed the existence of a previous downtrend in the GBPAUD pair.
Formation of Head and Shoulders Pattern:
Recognized the potential formation of a Head and Shoulders pattern, a reversal pattern consisting of three peaks – a...
I created this indicator to make life easy to those who are struggling with finding a good strategy. the indicator work at 5m tf, for those who want to see real signal created just ask. Enjoy profit.
Update: half profit locked and be placed.
Adjust your risk/reward appropriately. And make it risk free when in good profit...
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About the analyst:
Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. After a long while of diplomatic cooperation as an adviser to Barack Obama, and as a veteran; but, finally, unfortunately he got deported from Turkey to Iran. While, in fact, he was praised by...
GBPAUD is in a sideways trend. So applied support and resistance lines to find support and resistance. And to take the short trade set the S2 as the sell Stop and S1 as the Stop loss and calculate the TP. And to take the long trade set the R2 as Buy Stop and R1 as Stop loss and calculate the TP.
My dear subscribers,
GBPAUD looks like it will make a good move, and here are the details:
The market is trading on 1.9050 pivot level.
Bias - Bullish
My Stop Loss - 1.9022
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 1.9109
About Used Indicators:
The average true range ATR plays an important...
I believe we are in a squeeze currently. Price action has shown tremendous discipline up until today. Maybe I'm lucky, or maybe on crack, either way, I am having fun. Let's see what happens. Up or Down?
GBP/AUD 4H. Im waiting to any rejection for sell setups...
- This is not sell or buy signal. Don`t trade with anybody else analysis or signals.
- Never risk more than 1% of your account on any position. And don't forget to have more than 5 confirmation for any trade!
The price perfectly fulfilled my last idea, and it hit target. The market fell from resistance zone twice before. It pulled back to it again after forming range. The price bounced off the resistance by forming an impulse movement. I think it might go down because the overall market is moving sideways. The price is at the range border and upper border of the...
There are numerous confluences that indicate that the pair may be going long
Here's why;
- Price is at a major weekly support level
- There is an M formation and hence we are waiting for the restest of the neckline at 1.9125
- There is a strong closure break out candle on the 4h. It has broken past 1.9020 which is a major liquidity level. I am waiting for a retest...
The passing of the Queen has hurt many,yet again,her rule across the world is now. . .not much felt now ist. . .
Only the love we've had for the English Queen remains.
May we be washed with the falling pound down to 1.855- shire. The journey is set to commence after midnight to avoid swap charges all the way after dawn to the 1.855- shire.
It is advisable to...
**Monthly Chart**
This pair ranges between 2.0500 and 1.6000 levels since Sept 2017 as indicated by the monthly chart. Therefore, directional Bias is selling near the highs and buying near the low with confirmation from lower time frames.
The last monthly candle closed inside the previous month's candle, which is moving into a narrow range. It is unclear where...
Hello there!
I am a big fan of the Elliott Wave Principle, which is very interesting and useful for analyzing the market. I have developed my analytical approach by combining the principle with my personal experience and considering various scenarios that may occur in the market.
Although I want to share my analysis with you, I want to emphasize that I do not...
GBPAUD pulled back to a psychological level at 1.91000 following the break and closed below it.
Price action made a false breakout of the resistance at 1.92000 and a 50% fibo level.
We expect a breakout pullback and continuation trade.
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Simple analysis
With SMC & Trands
I see that the price continues to go down from order block or also from imbaalnce
have a good luck
Leave a comment below if you have a different point of view or motivation to do better
