Gbp-aud
GBPAUD - SWING - 19. AUGU. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Very bearish price action towards main sr level.
4 HOUR
Price broke and closed above blue line.
DAILY
Expecting prices to push towards previous highs.
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82330
SL @ 1.81850
TP @ 1.83340
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPAUD on a consolidation range 🦐GBPAUD after the downtrend started a new move up.
Market retraced till the 0.382 fib level and started to range between 2 daily structure.
If the price will manage to break and close above the daily structure, at the retest of it, we can set a nice long order according with Plancton's strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
GBPAUD. Might play around the key zone Hello Fam!
GBPAUD has been supported on the key zone and can retrace upwards once the market opens. We have to wait the retracement is confirmed and long can be opened.
Good luck to you!
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This idea does not provide the financial advice.
GPB/AUD: Buying now @ market price (Multi-timeframe analysis) The pair is printing higher highs and higher lows = bullish
On this multi timeframe analysis we can see that the price is at or above the cloud (H1/M15/M5) and the lagging span has no immediate resistance.
H4 confirms this as well.
I am buying now @ market price and will target the previous highs @ 1.83850 levels.
Trade at your own risk
GBPAUD ANALYSISGBPAUD broke uptrendline
Price is based below HVN at level 1.8241 which indicates that pair is in distribution phase
below SMA 100
MACD shows bearish momentum
RSI is below level 50
we r waiting price to break next support level at 1.8212 to open short trade
It's expected for coming bearish movement to target key level at 1.8065
GBPAUD Short/Long Setup & AnalysisWe have an interesting opportunity from the GBP/AUD pair. According to the COT GBP reports from the past few weeks, we can notice that the short-term dominance of the long contract is starting to reverse the overall positions. This can lead to a move for the 0.382 Fibonacci area near the 1.88000 mark.
On the weekly timeframe we can see that price broke below the critical demand level near 1.88000 but couldn’t break the one at 1.77000. After that buy pressure came in and now the pair may face an upward momentum towards the upper weekly supply level.
On the daily timeframe we can notice that the Fibonacci levels have been respected multiple times and they will be respected until we have new lower highs near the upper trendline.
There are 2 possible scenarios for the GBPAUD pair:
1. Price getting rejected by the 0.236 Fibonacci level at 1.84000 and then heading towards the bottom trendline near 1.74000. This is the scenario which is less likely to happen.
2. Price getting rejected by the weekly supply level and the 0.382 Fibonacci level at 1.88000 and then heading towards the 1.74000 mark.
Strong rejections from the levels mentioned above will be clear indicators for one of the scenarios to happen.
Happy Trading!
GBPAUD - SWING - 10. AUGU. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bullish price action this week.
4 HOUR
Overall bullish market expecting another push to the upside!
DAILY
Great long entries and price action!
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.82410
SL @ 1.81530
TP @ 1.83760
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Is your ship SINKING?1.77000 was a key monthly level, and also a lovely round number so i had an order set here and the bears pushed price down to this level perfectly before bulls took over pushing price up 700 pips! My target zone is 1.88000 as you can see on the chart, again this is just another key level at a lovely round number.
Who said trading has to be hard? That's rite the people who want you to fail say it, the people who cant be bothered to put the hard work in! The people who will always be stuck in a dead-end job! The people who want you to think trading is hard so you pay for there help! So many people out there that you just need to block out and cut off as they are only dragging you down with them. I got rid of so mant toxic people in my life and as a result of this my quality of life improved and so did my trading. Sometimes you have to throw a few heavy things overboard on a sinking ship to keep it afloat.
If you would like any help trading then send me a message and i will be happy to help :)
Lots Of Love Laura x