Sell Limit entry: 1.75500 Stop loss order: 1.76300 Take profit order: 1.73300 *HEDGE(to minimize losses)-simultaneously OPEN a BUY STOP/LIMT order w/ SAME LOT SIZE as initial trade. Hedge position levels: Buy limit/stop: 1.75500 Take Profit: 1.76300 ( T/P = S/L from Initial Trade ) Stop loss: 1.75250 ( S/L = 0-250 pips...
We got rejected at the previous resistance again. I will be taking profit before the previous support line because i know how GBP/AUD usually plays. Good luck!
Probably will hop into more short positions after the weekend. We have a double bottom formed on the 4H. We see the huge upside push from the neckline break. We should start seeing lower prices for GBPAUD next week as price makes it way back down to the neckline for a retest of the pattern. Most of my analysis are short term analysis. Not a long term bias, btw.
Double Top on #GBPAUD h4. If confirmed we can short it. Entry 1.975 SL 1.981 TP 1.92
the price can break either side but wait for successful breakout. Great profit expected from this trade
GbpAud seen retracting on resistance whilst following the buy trend.. So therefore a sell to supports or bottom trendline. As long as resistance isn't broken then sell! Please comment and share your ideas on this particular pair too. thanks!
I will prepare myself to sell in red bank level zone Only 10 pips stop loss premited Enjoy bank levels
Another rotation down off lower Bollinger.
GBPAUD Potential GARTLEY pattern NOTE: This is only a potential idea, we can not know whether the pair will reach our setup area Technical levels on charts.
Hello everyone traders! Just a simple analysis about GBP-AUD , there are 3 signals that make me think to go short on this pair: 1) The price touched an important resistance zone around 1.79500. 2) Market will close really soon and is going to close with a bearish engulfing daily ( strong bearish candlestick pattern) 3) Touched 0.5 fib zone. Fibonacci...