Gpbaud
Gbpaud, went higher as mentioned last weekHello fellow traders , my regular and new friends!
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Gbpaud likely should have more upside to come .Euraud has similar setup but will go for gbpaud instead.
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2 scalp trades for GBPAUDHi guys,
I use Price action and Volume in order to find the Supply and Demand zone, then I get confirmation to open a trade with either RSI divergence or candle sticks in lower timeframe.
The Take Profits are subject to change as I need to see the last wave before it touches the designed areas to trade. I'll update when I open a position.
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This technical analysis by no means, is a financial advice and this only works for me and I personally think post the best analysis I can, Please do you own research.
GBPAUD I Correction and Push HigherWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
** Price is currently retesting a previous area of daily resistance and may retrace to the support zone highlighted. We suspect many traders will start shorting and market makers may push the price a bit higher to take out liquidity before a correction. After potentially collecting stop losses, we expect a brief correction and continuation to resistance at 9100 zone.
Enter when the entry criteria of your strategy is met.
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GA interesting pair to watch,but no action yet.Possible break lower or push back up from 1.86?Shall wait for market's cue!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared.
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GBPAUD | SHORT | Areas of InterestDaily Trend: SELL
LP Sentiment: 44%
Looking for a pull back into the Sell-side imbalance area for a move lower. I would deem this a counter trend trade againts the liquidity providor orderflow.
Focus on seeing this setup happen in the London Session.
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Happy Trading
Mr Ionic
GBPAUD - SHORT I believe price is attempting a lower high to stay in line with the current daily downtrend. A pinbar has formed at the top of the most recent pullback, leading me to believe a downside push could be in the wings.
Price has also created an ascending wedge that would need to broken to further confirm a downside push.