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Gbpaudsell

GBPAUD--- Weekly Planning- Update LiveDisclaimer: the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management. _______________________________________________________________________________________________________________________________________________________ Thank you for your support!
by Rapid-Trading-LTD
2
GBPAUD, 4hr tf, sell on retest of potential reversal zoneHello everyone, GBPAUD pairs gonna be my 3rd trading plan for next week. This pair trading plan gonna be like GBPNZD. Both of it aiming for a potential downward movement to fill the gap. This gap have now been left open for 2 weeks. It is not fully closed yet and i think we could see it sooner or later. The best place to enter sell will be arond 1.7900-1.7920 because it has acted as resistane for 2 times. I am waiting or price to test it once again and enter sell with a pending sell limit order. Sell limit GBPAUD 1.7900 Stop loss 1.7960 Take profit 1.7570 (5.5R) RR Ratio 1 : 5.5 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPAUD, daily tf, sell the bearish pinbar candleHello my friends, I found something interesting with GBPAUD pairs. As you can see, friday candle close was very interesting. After shooting up for 150 during Asia and European session , it closed significantly lower erasing all the gain during American session. The result of Friday movement is the daily candle became a bearish pinbar candle. I would say this mean sellers really step up and controlling this pair right now. We will aim to sell this pair for next week. For this trade setup we will wait for some retracement before entering sell. The best area to sell will be around 1.8175 because there is a horizontal resistance level here. Sell GBPAUD 1.8175 Stop loss 1.8225 Take profit 1.7875 (6R) RR ratio 1 : 6 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPAUD, 4hr tf, channel elliott wave analysisHello my friends, I spotted a good setup on GBPAUD and i think it is worth to try taking it. This is a 5.5R trade setup which rarely come so we will try to capitalize it. As you can see price moving inside a parallell channel and we could try counting each movement with Elliott Wave counts. The movement respecting elliott waves count as clear as sky. We are now finishing wave-4 and could start to continue going down along with wave-5. We will use wave-1 as our invalidation because the rule of wave-4 is it will never touche wave-1 area. Sell GBPAUD 1.8190 Stop loss 1.8230 Take profit 1.7970 (5.5R) RR ratio 1 : 5.5 USe only 1-2% risk Good luck
Short
by HayatoDragonFX
4
GBPAUD, 4hr tf, SHS pattern to materializeHello my friends, On Monday, I got 5 positions hit SL again consecutively so i took 3 days off from trading to calm my mind. It is very important to calm your mind instead of doing revenge trade and get more losses. Today, i found a nice setup on GBPAUD. There is a SHS pattern formed and i think price already broken below the neckline on lower time frame. This necklne also located near the horizontal level which i have marked, so this support now become a resistance and an area of confluences as well. Also if i do a wave count using Elliott Wave, we are now on wave-5 to the downside so sell positions will be favorable. Sell GBPAUD 1.8175 Stop loss 1.8230 Take profit 1.7980 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPAUD, 4hr tf, sell trendline breakHello my friends, Another trade setup coming for you, it's GBPAUD sell setup. If you find this post useful, please give me a like and follow me for the next update. As you can see recently GBPAUD tried to trade back above 1.8140 resistance but seems like it was short lived. Today priced drop again below it and breaking the ascending trend line. We could see price continue south to around 1.7970 support once again. Entering sell now will only provide us with 1:1 trade setup so i am gonna wait for a lil bit retracement to around 1.8120 and enter sell there. Sell limit GBPAUD 1.8120 Stop loss 1.8170 Take profit 1.7970 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
1
GBPAUD 3.5% Drop was expected will it reach Sep low?GBPAUD ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Break and retest of Rising wedge pattern 2️⃣Trend reversal due to positive risk sentiment 3️⃣ positive risk sentiment, Positive brexit talks, Vaccine news will influence this pair 4️⃣ Price around 1.82000 psychological level 5️⃣ September high acted as resistance point 6️⃣ October low-Middle correction-minor bullish correction expected 7️⃣ Technical support - bearish 8️⃣1.75000 will acted as key reversal-Bullish 9️⃣ 1.85000 level acted as strong resistance 🔟 Possible swing target-September low #️⃣ Overall bearish trend —————-❇️——————- 📉 Technical bias-H4-Bullish Price is below100,200 Exponential moving average 100,200 Exponential moving average will act as support-Bear Relative strength index - Reached around 55- Still it has some room for the bull MACD -The histogram is fading slowly and about to below signal line, oscillators about to cross Stochastic - Reached 75- overbought condition medium term fall back expected Ichimoku cloud -cloud is still red and Middle line is acting as minor support-Bull Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band expected —————-✳️——————- Key reversal area's 1.85000 psychological level 1.83000 September month high 1.78450October month high 1.80070 50% Fibonacci retracement level 1.80000 Major psychological level 1.81650 Possible entry- Bear 1.74900 September month low/Alternative bullish entry —————-✳️——————- Bearish entry #pound #gbpaud Entry price - 1.81650 Take profit 01 - 1.80000 Take profit 02 - 1.78450 Take profit 03 - 1.74900 🚫 Stop lose 1.82600 ⬇️ 3.72% Growth expected ⤴️ Account growth .51: 3.72 ✅ Risk reward ratio 1 : 7 —————-⚜️——————- Push the like button , And cheer up if you found useful
Short
by forexorbit
4
GBP/AUD SELL IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation! GBP/AUD: Day-Swingtrade-Preparation Note: Every trade you take involves a high risk due to upcoming election. Random volatility and sudden moves to be expected so keep your risk low! Market-Sell: 1,82475 Stop-Loss: 1,84355 Target 1: 1,80610 Target 2: 1,79600 Target 3: 1,77980 Stop-Loss: 190 pips Risk: 0,5% - 1% Risk-Reward: 2,35 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
2