Simple scalp trade to the upside. 5 and 15 min are confirming on both timeframes. Be sure to follow me for more free premium signals and setups.
Today's daily candle closed slightly above yesterday's high while maintaining RSI divergence. With that said, I do believe we may see a bounce from these lows. Trade Idea: Stops below yesterday's low with targets around the 50-61.8% retracement area of this most recent bearish leg.
Dear Traders, Hope you are doing well and enjoying the festive holidays. GBPAUD the first entry that we took, it dropped successfully 560+ pips from our entry, though as price drop it leave behind LQ Void(gaps) in the market which is where will likely to be headed in coming days. Please wait for price to do some correction and then enter using small timeframe...
Since JAN 2023 GPBAUD in monthly interval has been bullish taking price from respectively 1.61378 to monthly candle close of 1.699694 rising to 1.951938 which I'm considering as a upswing from recent LH ( Lower high ) 2.012610 . Recent data shows previous Monthly candle close Bearish engulfing candle stick in a upswing favouring the decision of a Long...
I see the price is making a support here on weekly support. Would like to see a break of resistance and downtrend trendline to help confirm holding the buy position.
This Is An Educational + Analytic Content That Will show entry ideas for trades. Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions. Disclaimer The...
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this is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
1. Price approaching Weekly Support 2. Buy zones at the daily key level 3. Monitor the zone
Hey everyone, FX:GBPAUD when we look at GBPAUD we have identify that GBPAUD is likely to drop price have rejected at the strong area on 3D timeframe, if we look deeper price have been in consolidation phase since last few weeks. One reason could be that institutional traders are waiting for NFP data to be published. Two areas for entries, firstly price can...
GBPAUD is moving near the Resistance line and is 🟡Price Reversal Price(PRZ)🟡 . 🔄On the larger view, GBPAUD is completing the Right Shoulder of the Head and Shoulders Pattern . 🔔I expect GBPAUD to move to the Neckline soon and break down to at least the lower 🟡 Price Reversal Price(PRZ) 🟡. British Pound/Australian Dollar Analyze ( GBPAUD ) Daily...
GBPAUD has broken the trendline and it may fall further, we will wait for the retest before taking a sell trade
Hello! I am a big fan of the Elliott wave principle, which I find very interesting and useful for market analysis. I have developed my analytical approach by combining this principle with my personal experience and considering various scenarios that could occur in the market. While I would like to share my analysis with you, please note that I am not providing a...
Taking a look at the daily timeframe, price-action is currently supported by the Natural Consistency Flow. At the same time we also have divergence with RSI hinting at a potential short-term bottom. Personally I need to see price-action now make a daily higher high (closing above the last candle). Once we get that third confirmation, I would be inclined to going...
The price perfectly fulfilled my last idea. The market fell from its resistance zone and hit target. The price broke through the support level and updated its lows after breaking out of the support level at 1.88000. It pulled back to the level and upward trendline. I think the market might go down to test support because the trend is bearish and the resistance...
GBPAUD printing an Ascending Parallel Channel i.e. Bullish EP & SL according to Dow TP1 & TP2 according to 1:1 & 1:2 risk reward resp.
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.87880 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.89107 Why we like it: There is a pullback resistance that aligns close to the 61.8%...
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.87666 which is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level. Stop loss is at 1.89200 which is a level that sits above a pullback resistance and the 61.8% Fibonacci retracement level. Take profit is at...