GBPAUD is on a downtrend It is nearing a demand level and I am ready for retest and a drop Looking for big candle momentum & a break @ 1.94300 - 1.94250 area \ Patience .. pretty strong setup here
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I'm going short on gbpaud after break of up trendline and price created a continuation pattern and broke out of it. Went short after the retest.
Wow! As we forecast yesterday, the market is shaping up incredibly. Today we have brought in some £ pairs as we have some very high probability trades that could be forming. These would be textbook, low risk set ups. Also a small lesson on NZD/JPY for us all to learn from myself included which I feel could take so many losses off the table for people....
My analysis on GBPCAD, looking to go long after break and retest of that falling wedge.
Overall price is an uptrend, but I'm looking to go short after retest of that widening channel because if you look at the daily timeframe price was at a resistance zone and I'm looking to short until that down support zone, before it continue to trend upwards again.
My analysis on EURGBP, price broke out of a downtrend channel. Looking to go long after retest of that minor zone.
My analysis on GBPNZD, price created a continuation (Bearish Pennant) pattern. Looking to go short after break and retest of trendline.
I think all gbp pairs will have a greater pump ! we are in the 3rd wave in the market ! we will move towards my target if we get reversal signs ~
after reaching target expect GBP Weakness, On 4 HRS The market is completing a 5th wave in the sequence while completing C wave on a Daily Chart.
Price broke the ascending channel with a bearish candle, showing bearish momentum. Price then reversed to retest the channel, zone area and descending trend line, which forms a solid confluence. Multiple wick rejections form before the formation of a large bearish candle, showing the strength of the confluence and bearish momentum taking over. This gives rise to a...
GBP/CHF price action broke out of an ascending daily trend channel on the 8th September. This triggered a bearish impulse taking price right the way back down to the 1.1690 level. Last week we saw price 'take a breather' and retrace back up to 1.1825 and then react from a 4H descending trend line, which is now forcing price lower. If we get another break of 1.1690...
if this zone is respected and trading below with rejections we can expect the price to push lower. if it breaks above and floats above then we will go higher. looking for shorts as of right now. great risk to reward.
only take shorts if respected with bearish candles on 15m and 30m
gbpaud is currently like a waterfall. if price comes up and respects that level u can take entry's with safe stop loss and great reward at 1.76000
gbpnzd should drop if this area is respected strongly and breaks the trendline. great risk to reward trade.