GBPAUD 2.05 🔜. Let seeBritish Pound / Australian Dollar forum
GBPAUD 2.05 🔜. Let see
GBPAUD looking for some type of double bottom formation before entering any longs in this
GBPAUD SELL @ 2.12560🔵Take Profit @ 2.11565
🔵Take Profit @ 2.10984
🔵Take Profit @ Open
🚫Stop Loss @ 2.13227
Ok, It's China imposing 34% tariffs on USA. That's the reason for this fall. China is one of Australia's biggest trading partners, if not the biggest.
GBPAUD It seems on track to 2.2 at this rate!
GBPAUD Considering to short this one
GBPAUD It is bearish I would say of selling from the current 2.1100 level with target and goal of 2.0760.I think about it what you think about it.?
GBPAUD if we get a solid breakout above this liquidity level ill probably take another long entry targeting historical swing high 2.09790 with this kind of momentum
GBPAUD Just an observation for the short term.Overall, the current trend is still down.
A minority group of traders with limited transactions being made aren't that significant.
It could also be false demand by institutions manipulating the market, so they could get more AUD at discounted prices, to sell in the near future.
There's many explanations for why the transactions dwindled while the candlestick shot up.
2305SGT 03042025
Just my observation.
... 2325SGT
Possibility is that price could be consolidating also, less buying and selling activities, so, price stabilised into a small range of price level.
2325SGT 03042025
GBPAUD 15 Minute Time Frame look, of what I mentioned in the previous entry.How I would look at things on the 15 Minutes.
When possible, I would want to enter on the 15 Minutes Time Frame, instead of the 1H and 4H because the time I spend on simmering in stress is lesser.
1215SGT
03042025
I am not trading this, for now.
