GBP/AUD Long ideaHi traders.
For today I analysed this pair. Generally Australia had poor reports, while UK is recovering.
Target that we are watching is 1.8450.
Daily RSI is on 39 lvl, so I giving it space to fall to 1.8150 lvl and most likely to bounce from that lvl to upside.
Feel free to comment your opinion!
Gbpaudlong
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
GBPAUD: Round Two of BuyingAUD has been relentless, it is tearing down the market single handily.
We attempted a buy last week but got stopped at BE.
After reviewing my analysis, it would make much more sense to buy just below the bottom trend line of the channel, roughly around the daily order block.
When this buy criteria is met, I will re-attempt swing buys with my team.
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.
GBPAUD: Bearish Cycle StartedWe have shifted from a bullish market into a bearish one .
However, price has begun to lose momentum which suggests to me that a retracement is likely.
We have several liquidity points on the buys that need to be targeted before we can begin to look at selling with the trend again.
Do you like the look of this chart?
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GBPAUD , Did got this profit ? Did you be with us ?Hello guys
According to our analysis of GBPAUD in here we are in near to 2nd target and if it can break this target and fall down , the 3rd target is near to us
Being with us , and we will update the chart near the target
Previous analysis :
Good Luck
Abtin
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
GBPAUD; A very bullish outlook from the higher timeframe Hey traders!
Looking at GBPAUD from the higher timeframe perspective (W1) I noticed that the price is on a dynamic support and resistance which is also stacked with the trendline. From that point of confluence, I'll expect a bullish rally. To catch this move I'll be switching to the lower TF to look for long entry!
What is your trading plan for GBPAUD? Comment below.
GBPAUDBullish Indicators:
1) Support zone at 1.84164
Bearish Indicators:
1) LH LL
2) Resistance zone at 1.85595
3) Downward trend
Plan A: One can take ling position on the bounce from the support zone at 1.84164.
Plan B: One can take short position if pair fail to break the resistance zone or upward descending trendline.
GBPAUD , We are in Sell zone with ...Hello every one
Accoding to our last analysis in daily time frame that we shown on chart , the trend is in downward and when we saw that the 1st TP was broken with strength and close below them we are ready for the 2nd Tp in daily time frame
Dont forget stop loss , and please check the chart in multi-time frame and take signal then take short position ( signal like hammer or descending cover or ... )
Dont forget risk free your position and attention to money management
Last analysis in daily :
Be with us
Good Luck
Abtin