GBP/AUD Waiting for the Pullback by ThinkingAntsOk🔸 WEEKLY CHART EXPLANATION:
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🔸Price broke the Ascending Trendline.
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🔸It is now making a corrective move.
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🔸We are waiting for a retest of the broken trendline before considering a short trade.
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🔸 Will look for a lower timeframe bearish setup.
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🔸 DAILY CHART ANALYSIS:
Gbp-aud
GBPAUD price just triggered our alert in our bullish zone. This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
GBPAUD - SWING - 20. JULY. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Very bullish price action and closure above main sr level.
4 HOUR
Great market movement, prices at their lows.
DAILY
Good long entries following pa.
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FOREX SWING
BUY GBPAUD
ENTRY LEVEL @ 1.80320
SL @ 1.79400
TP @ 1.81630
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 - SWING - 13. JULY. 2020Welcome to our weekly trade setup ( GBPAUD )!
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1 HOUR
Bearish price action this week.
4 HOUR
Bullish takeout last week with insane bullish pa.
DAILY
Overall bearish market in a pullback, looking for a drop now..
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FOREX SWING
SELL GBPAUD
ENTRY LEVEL @ 1.80760
SL @ 1.81840
TP @ 1.79210
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
GBP/AUD: Buying the breakout!According to the form of the curve, it seems prices have shifted temporarily from bearish to bullish.
I am looking to take advantage of today's GBP strength and buy the pair as soon as the channel is broken to the upside.
I will first target the 50% retracement, then wait for a re-test of the structure. If i see a rebound, I will target the 61.8% fib retracement (T2).
Trade at your own risk