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Gbpaudlong

GA correction expectedGBPAUD retraced to its 0.618 fib from the rise in the past 2 days. 1.822 - 1.8244 zone historically provided strong support, so it should correct today's waterfall if previous 2 green candles on daily chart can be respected. Note: this is a risky setup, RSI on all time frames are still having rooms to let the price go down further. Entry: 1.82478 TP: Fib based, aiming 50% recovery around 1.832 SL: below 1.82388 Expected pips: 20 - 70 pips Expected timeline: max 1 day Note: I'm now exchange ideas with the LCMS traders club. Welcome to join in together and discuss about ideas published here. --- Disclaimer: Chart is static market is not. I learn from loss and mistakes like everyone. No financial advise is given here. Your money your own risk. :) And Good luck.
GLong
by mleader1
GBPAUD push higher from 1.81690 handle Hi all Been very inactive lately, let's secure a win with this trade.. 1. Key price point (Whole numbers) 2. Last time price touched the 1.81690 handle it created a crazy bullish momentum.. 3. Support 4. The continuous downward moving trend requires a hefty pullback for any more continuous movement to the downside.. This is so the market can remove any selling pressure. 5. It aligns perfect with the 200 moving average on the 4hrly and 50 moving average on the daily timeframe ... 6. Our reverse engineered indicators have shown us this pair is heavily oversold. This trade will last a few days unless fundamentals push price higher.. It's ready for a pullback on the daily timeframe and we should be the first to capitalise on this... Entry: 1.81690 Potential pip gain 300 - 400 Stop loss; 41 pips.. Please understand that this is not financial advise, this is based on a calculated move we anticipate that could happen within the GBPAUD market. Kind regards Saif
Long
by MoneyMaliks
1
GBPAUD , 3rd target is near to us Hello everybody Did you be with us in these 2 months ? we were signal this sell position from 1.89 until now and now we are publishing new chart and new situation for buying In here we have broke the 2nd Tp and now we need some rest and pullback to take short position and sell until the 3rd target reach , Listen you can open short position from here but you should attention to money management and only 1-2% of your money should be in your stop loss These are our previous signal of GBPAUD : Be with us and enjoy your profit and sleep comfortably Good Luck Abtin
Short
by Abtin00
Bullish trade idea for GBP/AUD.I might be a little premature in calling this, but I think that this head and shoulders pattern that you can see on the 4H is now complete and that we should be seeing a trend reversal in the very near future. Price may take a little breather here and consolidate before pushing higher. I would like to see a retest at least once of the current support before I would consider an entry. Should the price continue to downtrend and stay within the channel then I will avoid taking the trade and wait for the next pullback. My R/R will be somewhat higher with this idea as I think that once the price has consolidated and begins the move up, that it will do so quite rapidly. Here are my entry, SL and TP Entry - 1.83050 Stop Loss - 1.82595 Take Profit - 1.85947 Risk - 1% R/R - 6 As always, Stay safe and stick with your plan.
Long
by Emerald_City
GBPAUD, Daily tf, wave-5 to the upsideHello my friends, It's been long since my last post. I was waiting for a really good setup to come to me and finally have one. GBPAUD currently at trend line and MA-200 support right now. Using Elliott wave principles, we might be seeing this pair reverse to the upside as long as it hold above 1.8250. In my opinion we're at the rnd of wave-4 and will start wave-5 to the upside soon. Buy GBPAUD 1.8400 Stop loss 1.8250 Take profit 1.9370 (6.4R) Use only 1-2% risk Good luck
Long
by HayatoDragonFX
2