Gbpaudshort
GBP/AUD: Price continue to falling , new Butterfly pattern...Check my previous Idea below...
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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 ShortObviously a wick fill has to occur but the real question is when will it occur im seeing a perfect set up for price to eventually fall into my area off interest while going against what a lot of people maybe think... The eye stands for watch this position and make sure it breaks through that area to keep holding!
GBPAUDBullish Indicators:
1) Bounced from the upward trendline
2) Support zone at 1.86056
3) Bullish engulfing
Bearish Indicators:
1) Descending trendline
2) Resistance at 1.87723
Plan A: One can buy from here for the target of 1.88459
Plan B: On the breaking of upward trendline one can sell for the target of 1.85340 where the major support lies.
GBPAUD SHORTAs we can see, GBPAUD broke the lower trendline of a bullish channel on the daily time frame, There was a retest on the previous support level, we expecting a bearish continuation.
Those with smaller accounts might have to wait for the market to break the lower trendline before placing any trades.
Please use proper risk management depending on your account size, Use lot sizes based on these calculations.
Here is a break down of your pip value in ZAR and Dollars
0, 01 = R1,43 / $0,10c
0. 05 = R 7,15 / $ 0.50
0.10 = R 14,3 / $1.00
1 Lot size = R 146,26
How to calculate Margin = (Lot Size * Contract Size)/Leverage, Lets say your broker gives you 1:500, and you open 0,2 size, How much are you exposing ? calculations : (0.2 * 10 000) / 500 = $4 (R58) also (1 Lot * 100 000) / 500 = $200 (R2 960)
So, each time I open (1 Lot size, am exposing R2960 (Down payment)
Remember, These are long term trades, It is advisable to have enough margin to handle the fluctuation of the markets.
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GBPAUD , Wait for another opportunitiesHello everyone
According to the previous analysis of GBPAUD , we take sell position in the box in multi-time frame and the market is exactly doing and moving like our way
We should wait until first target reach and then if the price can break down first target and close under the shadow of first Tp , After pullback we take another sell position
We will publish analysis of GBPAUD after the first Tp reach , Being with us
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This is the analysis in some days ago for taking position
Good Luck
Abtin
GBP/AUD SELL 📉Hello and welcome traders to another trade idea with Fobian
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👉 WE are waiting for conformation:
- We have big push on downside.
- EMA's give us SELL signal.
- Fib level is reach and reject our 50.00% level.
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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
GBPAUD Short (SIGNAL)My view/signal of GBPAUD. Potential short opportunity.
I’m expecting the price to come back up to MRA (Major Resistance Area) 1.89535 , where my entry is. Stop Loss is above highest wick (1.89824) . Stop Loss is at 1.89840 . TP1 is at a MPBA (Major Pullback Area) 1.88350 . TP 2 is valid if we break PBA 1 at 1.87547 .
PARAMETERS
- Entry: 1.89535
- SL: 1.89840
- TP 1: 1.88350
- TP 2: 1.87547
KEY NOTES
- Price could get back to the MRA .
- TP1 is at a MPBA (Major Pullback Area) 1.88350 .
- TP 2 is valid if we break 1.87547 (PBA 1) .
Happy trading!
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