💥GBPAUD - LONG TO 1.86300 OR SHORT TO 1.77401As we can see on the chart, the market is ranging i.e. the market is in consolidation. Price just hit the supply zone within (1.84105 - 1.85300).
Therefore, price can break the supply zone upward to 1.8630 or fall back to the demand zone.
We need the present daily candle to close with a reversal candle or continuation candle to confirm whether it's good to buy or sell.
What do you think?
Share your opinion in the comment section✍️
Please support this idea with a LIKE👍 if you find it useful🥳
Follow me to receive more updates on this pair🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
NB: If you would like to have one-on-one interaction with me about analysis of coins or currency, DM me.
Gbpaudshort
High chance of Short Price has been ranging for a good time in the wide 4H time frame.
Price got rejected from the supply line.
There is a out of trend pattern waiting for a possible retesting (Red line).
There is a rising wedge in the 1 hour time frame with good rejections. (Blue line).
To top it all, a nice bearish engulfing candle coming from top.
Please proceed with proper risk, no more than 0.5% risk in the trade. It may do a short retest and be up back to your stop loss, careful there.
Trendline break and H&SFound a short opportunity. There was a defined trendline and it was broken. I
Plus there was a head and shoulder pattern there. I figure it was enough for a short.
So I waited for the breakout and THEN set a sell limit on the pullback - only it didn't managed to get triggered *sad*
Maybe I should have shorted on the breakout itself. Been trying to pull a pullback trade though.
GBPAUD > The Best Place for A Short, Possible 50 Pips!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis on #GBPAUD
Hello friends.
Possible structure trade near a key level looking left, waiting for the market to get inside the zone then I will look for a valid short trade for a possible 250 pips move.
Safe trading everyone
Check today analysis below⠀
>> “Do not anticipate and move without market confirmation.”
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you