Gbpaudsell
GBPAUD , 1st Tp reached , Are you ready for 2nd ?Hello eveybody
According to our previous analysis about GBPAUD in 10 - 15 days ago we shown on chart sell zone area to take short and sell position until first Tp reached and this time if the candle of price close below the the lower shadow of the TP 1 area we can take short position too and wait until second target will reach
And we should put our SL in the upper of the candle of the pullback ( After some rest we can know where we should put our SL )
Previous analysis
Dont forget stop loss and attention to money management
Be with us and sleep comfortably
Good Luck
Abtin
GBPAUD Multiple Confluence SellHigh confluence sell area with multiple confirmation:
- 61.8% Fib Retracement level
- Previous minor flip/supply & liquidity zone (Red Zone)
- Touch of bearish trend trend line
- Break & Retest of counter-trend line (Watch for bearish candlestick signals)
- Price has started to make lower lows and lower highs
Entry:
Wait for 3 or more confirmation with good bearish structure/candle
Take Profits:
- Main Take Profit points will be at 1.87500 & 1.87000 (TP2 & TP3)
- TP 1 is a conservative exit (Best to take partial profits and set SL to BE if there is good bearish momentum)
GBP/AUD Full Analysis And 2 Short Setups After Daily Closure !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GbpAud- to drop from resistanceSince the double bottom and 1.74 low marked in January, GbpAud has had an impressive rally with the pair gaining around 1700 pips.
Now the pair is trading in resistance and a drop from here is possible.
1.85 could offer support and be bears target with the price closing above 1.9 negating this scenario
GBPAUD sell!!GBPAUD has been trading inside the given Parallel Channel for quite some time now . the price has reached the upper Resistance of the Channel and has already rejected it . Further supported by the confluence factor , that is , The M- Pattern !! At this point i am looking to sell .My final Target being 1.8530!!
GBPAUD Pullback of Downward TrendHi Guys
In this chart we are in pullback trend to the buy zone area then the downward trend is continuing
Dont forget put stop loss then Tp and watch
the trend is changed and we are only the short position we take position according to the trend
We should check the news and fundamental for continuing the downward trend
we will update it next week
guys please check the chart in multi time frame
If anyone have question about technical and fundamental analysis send me mesaages
Good Luck
Abtin
GBPAUD: Its All Trapped!Sellers have had a clean run down with very simple breakout retail patterns, have the banks made it too easy for them?
Or will they return to capture some of that fine liquidity?
I believe we will see one last push down before we tread up aggressively for NFP.
Let me know what you think in the comments below.
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8930).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.8765
TP2= @ 1.8625
TP3= @ 1.8527
TP4= @ 1.8433
TP5= @ 1.8355
TP6= @ 1.8233
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in GBPAUDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.8930).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPAUD is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 30.
Take Profits:
TP1= @ 1.8765
TP2= @ 1.8625
TP3= @ 1.8527
TP4= @ 1.8433
TP5= @ 1.8355
TP6= @ 1.8233
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex / Crypto trader?
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️