GBP/AUDHello guys !
I'm posting this idea for the London session on tomorrow morning.
On this chart we have two oportunities, a long one and a short one.
First one, the short oportunity is from 1.95579, sell to first support at the 1.95053, at this price is also one key price of the fibbonaci when our pair was changed bias from long to short.
After that, we have an other strong support, tested twice on 13 and 14 February.
At 1.94328 he can also have a short oportunity, the target can be at the 1.93723.
After testing those two support line, we can go on long, overall we can profit for 4 time on this pair, 2 longs and 2 shorts.
We also have an uptrend on 1 H, 4h and Daily.
But please keep in mind that for our long setup we must to have a reaction from the price.
So one more time, we can go short from 1.95579 with TP at 1.95053 and SL at 1.95680
An other short from 1.94328 with price traget at 1.93723 and a SL at 1.94550
And our longs are from the 1.93723 to 1.94115 with a Sl at 1.93550 and the second long from 1.94428 to 1.94950.
Please press the like button also a comment will help me as a motivation.
Thanks and keep in profits !
Also in short term from now i want to start an investment group, free, a long term investment, just send me a messenge so i can invite you, thanks a lot !
Londonsession
London Watchlist: Shorting USDCHF for nowThe London session is in full force and the only solid trade setup we are trading today is USDCHF.
TRADE DETAILS
ENTRY 0.98389
SL 0.98523 ( pips 14.2 )
TP 0.97870 ( pips 51.1 )
The RR is a solid 3.6 because the SL is pretty tight. I will look to move to break even and add on 5 pips after 20 pips in profit. Then Might re-think my TP as the contraction is pretty big on the 4H chart, but is supported by a minor one on the 1H.
As soon on the 4H chart (right) we have plenty of resistance levels (3) which all acted as either strong supports or resistances the last time price came up to this level!
It's important to note that the EMA has not been breached yet on the 4H, its acting as a support still.
GBPCAD ANALYSIS FOR LONDON SESSIONGBPCAD took the asian range lows just now and im expecting it to be bullish for the London session. I like this pair because of how it moves and what it's done so far if it takes out the NY lows then it should reverse and take out the NY highs where we should take partials.
GBPUSD - Potential Sell Setup at London Opening session @ 8amWe see price re-testing previous market structure (resistances), a potential sell opportunity to the downside. Sell if price breaks through the upwards trendline.
Enter to sell at 1.27933
TP: 1.27649
HOWEVER, if price break through resistance 1.28032 then we are seeing a continuation to the upside
Enter to Buy 1.28065
TP: 1.28361
London Daybreak Trade Idea 7 NovLondon Daybreak Trade Idea 7 Nov
GBPUSD Buy Stop @ 1.28847
SL: 1.28433
Move SL to Break Even when 10 pips in profit
TP1: 1.29045 (20 pips)
TP2: 1.29186
GBPUSD Sell Stop @ 1.28432
SL: 1.28759
Move SL to Break Even when 10 pips in profit
TP1: 1.28229 (20 pips)
TP2: 1.28122
GBPUSD BREAK AND RETEST OF TRENDLINEWe Got The Retest Of Trendline And Close Below The Higher Low For Confirmation Of Change Of Trend. Price Closing Below 1.28600 Will Be A Plus But I’m Selling GU And Been In Profit. We Also Have A RSI Bearish Divergence And Break Of 20 SMA. #forex #londonsession #gbpusd #mt4 #priceaction