Gbpaudsell
GBPAUD - Liquidity WickAfter a strong bullish performance on GBPAUD, we encountered a wick spike to the upside caused by NFP, most likely wiping out the sellers who were fighting the exhaustion of the move. This could be the catalyst to create some downside momentum to fill some of the voids.
GBP/AUSD Short idea, clean and simple.Strong support and resistance playing out overall on GBP/AUD. I think we have just had a minor breakout and return back to the downside. Good luck!
GBPAUD W4 Feb 2021GBPAUD
Short Setup
Zone and Elliot Wave Strategy.
Elliot Wave - Minor Wave-ii has been done and now preparing for the major Wave-3
Zone - Multiple rejection off the marked zones and also a double top at 1.80000
GBP/AUD 4H ShortHello everyone! GBP/AUD has closed below the previous support on the 4H chart. My TP will be all the way down at 1.74200, the SL is at 1.78550. Good luck with your trades!
GBPAUD - SHORT; This is headed down ...... what is basically "forever". Make this SHORT your 401k. (Right alongside the GBPJPY Short.)
The simple fact remains that while the BoE is running a 120% debt load vs. it's GDP, the RBA hasn't even hit 50%, yet, and so it can basically keep borrowing til the end of time.
Here is the Weekly;
... and the Daily;
GBP/AUD SELLIn the higher time frame I can see that the GBP/AUD broke the upward trend line (Blue trend line) that it followed since the beginning of the year. Indicating a trend line break out.
The price retested on the trend line and began to sell, which is an indication that a trend line break out took place.
I expect the GBP/AUD to sell, starting a new downtrend until it reaches the next key support area(TP), following the grey path line drawn .
GBP/AUD SELL IDEA Hey tradomaniacs,
welcome to another free trading-setup.
GBP/AUD: Swingtrade-Preparation
Notice:
This trade could take a little while after the breakout.
I personally don`t daytrade GBP/AUD with a tighter stop-loss as this pair can be volatile and choppy.
If you are not ready to hold for a few days please stay out. :-)
Market-Sell: 1,78300
Stop-Loss: 1,80000
Point of Risk-Reduction: 1,77215
Take-Profit: 1,74440
Stop-Loss: 170 pips
Risk: 0,5% - 1%
Risk-Reward: 2,30
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPAUD Short (Sell) Trade IdeaThis pair has been in a long downtrend and has recently pushed up to an a supply zone. We may have an opportunity here to short this pair and potentially gain 4/500 pips on a 1:10 risk reward ratio if the longer term downtrend continues.
Bearish Bat PatternGBPAUD BEARISH BAT PATTERN
Market Sell Order Set Up.
Sell Entry: (1.79757)
Min Take-Profit: (1.77810)
Max Take-Profit: (1.76422)
Stop-Loss: (1.81357)
Max Risk-Reward: (1.50)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPAUD Create Hidden Bearish DivergenceGA Gonna Short for Hidden Bearish Divergence
1st TP 1.7866
2nd TP 1.776
GBPAUD - (Continuation) SHORT; (re)SELL it here!Been short this what seems like forever (and making lots of money!!) with still miles and miles to go - down!
This is easily the 2nd best trade (Short) of 2021.
Here is the long term picture;
GBP/AUDAs for Eur / Aud and for GBP / AUD we have a nice setup, although we would not be in too much of a hurry to enter the buy position for this pair. It is smarter to set up a much safer sell.
GBPAUD shortAs we can see the Pair is in a longterm downward trend and is now approaching a key level (1.77500) nearing its longterm downwards trend line. I will be looking to short this pair down to its key support at 1.76000
Price also at the top of its rising wedge
GBPAUD W3 Jan 2021GBPAUD
Short Setup
After the recent rally from a harmonic pattern setup, we could see price has made a resistance at the 50.0% Fibonacci Retracement Level. This double top could push price downwards
