Gbpaudbreakout
GBPAUD SWING TRADE 11-OCTOBER-2020Good day traders/investors. Give us a thumbs up if you like our idea. Follow my profile to get new ideas and trade setups everyday
GBPAUD-Technical/Fundamental analysis
⚡️The price is about to reach the .50 Fibonacci retracement level of recent high and low
⚡️It has trading within a falling channel
⚡️1.81300 level will act as major resistance for the bull
⚡️Swing target would be around 1.79270
⚡️Price trading around middle of the Bollinger bands
⚡️200 Exponential moving average is acting as decent support for the BULL
⚡️Ichimoku cloud is still shows bullish trend and the Price within the cloud
⚡️RSI is around the neutral level
⚡️Upper side trend line will act as a resistance for the bear and this is our expected entry point
⚡️MACD oscillators are about to cross and the histogram is turned pale red
⚡️In daily timeframe both 50,100 EMA is acting as nice support for the bearish trend
⚡️As the Brexit deadline is approaching the chances for the no deal Brexit is arising and it
will negatively impact the GBP pairs
SWING TRADE-GBPAUD
SELL @ 1.80650
Take profit @ 1.79360
Stop lose @ 1.81340
95 Pips target
Don't risk more than 1% of your capital
GBPAUD*ENG*
- Price respecting our stress level.
- Since price is showing a lack in liquidity, we can still see a break to the downside.
- In case of a break, we might see a move until the 1.8000 zone.
*PT*
- Preço a respeitar o nosso nível de stress.
- Dado que o preço está a demonstrar uma falta de liquidez, poderemos ver ainda uma quebra para baixo.
- Caso o preço quebre, poderemos ver um movimento até à zona dos 1.8000.
GBPAUD- Daily we have a Buyers exhaustion with a Bearish engulfing formed
- 4HR we have broken support
- Also if you look on the 1Hr you can see a broken trend-line being tested
- Now we look for retracement to go short or even Long
GBPAUD SELLGA looking like a nice sell setup, if you're not in this already look for retest of the purple box area, and rejection on the 15 min time frame. Looking like a nice opportunity to sell around this area due to the fact it is rejecting the fib levels we look out for as well descending trend line and rejection of the EMA.
Take partial profits at the given levels.
200 pip gain 4/1 RR
GBPAUD- We see a broken Resistance tested with an Engulfing after a minor push
- Market forms a HL's so we could enter on next retrace
GBPAUD short idea 240GbpAud looks to bearish as far as the price continues to remain below 1.8300 mark minor bullish trend line broke and retested the 0.618 fib retracement and heading towards
1.79067 in the short term and below 1.786 in the long term.
GbpAudJust publishing late:
This pair have been consolidating since last week, will not take this trade until it breaks out from it's consolidation period. However, I do expect price to breakout to the downside.
GBPAUD - MAKE SURE YOU JOIN THIS SHORTits simple, this has a very good risk 2 reward ratio.
i am expecting this GBPAUD pair to drop soon. dont miss it.
See previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
GBPAUD / M15 / Technical ChartGBPAUD / M15 / Technical Chart
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DISCLAIMER:
Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take this information as a trade signal.
GBP/AUD - 200 Pips Opportunity - Incoming DropGBP/AUD has currently a strong bearish momentum and by the looks of the 4H chart, it is without support (Weak and can fall more).
To catch this potential move, put your SL above the 4H 50 EMA.
Tip: Always keep in mind that what matters in trading is to be profitable on the long term and not the result of one trade alone.
Trade safe.
GBPAUD short speculationGeneral trend seems bearish, might get a minor pull back before a huge sell or we could possible see a waterfall at CMP depending on how the market reacts in the coming week.
GBPAUD SELLGBPAUD sell from current price reasons for sell
1-we have breakout of trend line
2-we have strong ressistance zone
3- price don't make a new hi
4- we have divergence also
sl-1.72098
tp-1.66093
GPBAUD Short GBPAUD Another Great Short Opportunity here, you can enter here or wait for a pull back. High chance we continue with the down move in the coming days.
