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Gbpaudtrade

GBPAUD, daily tf, double bottom setupHello my friends, It has been long since my last trade ideas. I haven't found a satisfying setup to trade yet that's why i don't post anything in the last few weeks. Today i finally found a good setup to trade which is GBPAUD pairs. As you can see price making a possible double bottom pattern and price already broken above the neckline. At the same time, GBPAUD broken above the descending trendline which has served as resistance since October 2020. The measured objective of double bottom is around 500 pips. Don't expect price to reach our take profit in a quick way. It gonna be a bumpy ride to the upside as well because there is horizontal resistance level on the way up. Buy GBPAUD 1.7820 Stop loss 1.7700 Take profit 1.8240 (4.2R)
Long
by HayatoDragonFX
6
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 Wanna see more? Don`t forget to follow me!
Short
by Trading2ez
6
GBPAUDHello Guys Welcome back to another profit week If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. GBPAUD broke the middle support and moving to the last support, there will be a sell entry Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts. The information given is not a Financial Advice. Please support this idea with a like, if you find it useful have a good profit week guys
by Bexi03
GBP/AUD Making Correction, Long Opportunity ComingThis has been due a correction and it is now doing so. This brings the chance to look for a longing position. It is close to 0.382 Fibonacci, just below this could be a good time to buy as it aligns with structure. Need to watch the price action as it could fall to 0.5 Fib as well. Use MACD and EMA's to help judge when the mood is changing back to bullish. Target is set at the previous high of 1.80159. This aligns with previous support so it is meeting resistance here. SL is just below 0.5 Fib
Long
by olly48
GBPAUD Moving Sideways...Retesting Resistance Level!!!GBPAUD has yet to show us any breakout strength. I am expecting price to retest 1.7964 resistance level and clean rejection there will give us a great short opportunity. As we can see, GBPAUD has been consolidating within this support and resistance level for sometime. If price breaks below my moving average lines, we can expect a great BEARISH movement to the downside. With that, I will be eyeing the support level @1.7560. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Short
by YGForex
1