Gbpaudtrade
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
GBPAUD - buy after break outFar level retest.
The price is returned for the retest level-the previous touch of the level more than 1 month ago. Moreover, a strict number of false breakdowns.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
POTENTIAL FOR GBPAUD TO FURTHER MOVE BEARISH We saw price break bearish today and recently found support from which we moved bullish , price is now showing great potential to further break bearish once it re-tests the marked region , price potentially going to slow down and reject from this zone and this is what i'll be looking for.
GBPAUD 4HRThe overall trend is bearish bias, in the meantime, however there will be a moderate retracement to the upside from 1.80794 (23.60%) to 1.84025 (78.60%) according to the 2nd Fibonacci sequence. From the retracement to 1.84025 (78.60%), the forecasted projection is set to be completed at (1.75766).
GBPAUD Short ideiaWe have 5 confluences on the graph:
1- Falling trend.
2- Respected the trendline.
3- Level 61.80% of FIB respected.
4- Respected the resistance in the candles of 1h, forming a bearish candle.
5- Head and shoulders
So with all this confluences, I can short with a 1 to 5 risk reward.
I enter in the 15min chart at 1.81540
GBPAUD - Full Analysis Breakdown Welcome traders to a free analysis breakdown.
Today I am highlighting possible trade ares on GBPAUD, if you any questions on the pair let me know in the comment section below.
Once the pair gives us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this breakdown helpful .
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.
GBPAUD - Full Analysis Breakdown & Forecast. Welcome traders to a full analysis breakdown.
Today I am highlighting something a little different on GBPAUD. As a trader it is important to understand where smart money is positioned in the market. GBPAUD is at a great zone in witch we can look for trades. However these setups are not ready to take yet based on our rules.
I hope you can find value in this min lesson.
If you liked this free educational please like and follow the channel, there is lots more valuable content right around the corner.
Feel free to comment a pair or subject you would like me to cover next.
Trade Safe
Alpha Trading Group.