GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this chart as price taked out liquidity above weekly high 1.89800 and equal highs aka retail resistance, we have a nice bearish h4 closure and should go lower as the bearish momentum is increasing, my targets are around 1.87000
What do you think ? Comment below..
Gbpaudtrade
GBPAUD SHORTS 📉📉📉📉 Expecting bearish price action on this pair as price made a failure swing high that means bulls are losing momentum and bears are gather momentum, price retraced back into premium area where a nice sell opportunity has been presented around 1.89500, we have a lot of bullish imbalances that will be filled this week perhaps.
What do you think ? Comment below..
GBPAUD Top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPAUD: Its a TRAP!🎯Many assume that more touches of resistance make it stronger, this is far from the truth.
Since the resistance is so weak, I would like to see the zone breached.
BUT first, we must trap the sellers by breaking the trendline.
Once they have been lured in we can consider buying up into the main supply. 😍
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
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GBPAUD potential bulls takeover?Looking to see if the price can find a support around where the purple line is. We can see the price has found a resistance around the 1.86200 mark, however sell positions have been slowly been taken out and the resistance is getting weaker. If the price does break that resistance we can see there is a low traffic area into the highs.
GBPAUD LONG TERM BUYSBased on HTF POI we have a BOS on our daily Timeframe where i am looking to go long from as we are in our discounted price area where we only look to buy.
I have two entries for this trade which are at my 100% and 50% of my daily order block, because we have equal highs on our daily i will be targeting that equal highs and closing my trade once it get to that level and liquidity is grabbed.
Risking 1% for this trade.
stop loss of 62 pips and a take profit of 602 pips.
GBPAUD LONGS 📉📉📉I see a nice AMD pattern formed on this chart, as price (A) accumulated positions both on buy side and sell side on asian session, took out stops and trapped retail traders short (M) and right now should go above asian range highs because market makers probably entered their LONGS, another confluence there for longs is that we had good fundamental realease for the GBP in this morning
What do you think ? Comment below..
GBPAUD long forcast Given the downtrend in the pound and resistance in the 1.8540-1.8660 area, I think there is a good opportunity to sell, just the important point is
The approach of the Christmas holidays and the downsizing of transactions may prolong the trend. On Thursday, December 16, the British interest rate will be effective.
GBPAUD SELL entryzone : 1.8540
stoploss:1.8700
take profit 1 :1.8390
take profit 2 :1.8278
take profit 3 :1.8140
take profit 4 :1.7997
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