Gbpaudforecast
#GBPAUD, Trend change?Changes occur in this model of importance.
By March we were on a rising channel then in April the GBP/AUD entered a pattern called Double top which could mark a change in trend (which is what actually happened)Looking at the graph above, you can see that this is the first time in several months that the Pound has gone out of the trend line, On his way down the pound falls below the Moving average 200 (Bear sign).
Target: 1.7440
GBP/AUD Short Idea (6/17/19)GBP/AUD Short Idea (6/17/19) 4HR Chart
- We have had rejection of the 200 EMA along with the rejction of the 50% fib level.
- The EMA's have just crossed and news has just brought price back up to retest it.
- Target is @ 1.80000 right in confluence with my first fib extension
GBPAUD SELL IDEALooking to sell GBPAUD from sell area. Waiting for exhaustion candle. Close trade at the target area (+30-50pips).
GBPAUD HUGE DOWNTREND BREAKOUTGBPAUD was following a downtrend line, however it just broke out, has come back down to test a newly made support zone (RETEST) before making its way up...
GBP/AUD, Trading Plan.Price close to April low 1.8097 - that is a powerful level
I wait on fake broke to open buy entry because many traders hide their stop losses below such level
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 - 4H buy GBPAUD starting to make the final the C wave in the larger daily correction.
Look for buys to the top of the structure,
GBPAUD / M15 / Technical ChartGBPAUD / M15 / Technical Chart
Click "Like" if you find the information useful. Click follow if you want to stay updated with my ideas.
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.
GBPAUD ShortShampoo pattern. Waiting price to break 1.83125 zone and then come back to 1.83125 for the retest to enter this trade.
GBPAUD DailyOne of my favorite Setups.
Right now, where we stand, stucture is complete. So, we can have a really big move to the downside. Otherwise, if we make a new high Ill have to re-look the stucture. But again, really nice Risk Reward
Bearish bat pattern on GBPAUDXABD Bearish bat pattern on GBPAUD, i think its time to short this pair... what do you think guys,
Please like and comment...
