My Dear Robbers / Traders,
This is our master plan to Heist GBPAUD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Red Zone that is High risk Dangerous Level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and...
All GBP pairs are strong
Has retraced into FVG on 15 m
But chasing is dodgy
So Buy on pull back would be the go I think in this case
Always someone taking profits on sudden push ups
After multiple timeframe analysis
GBPAUD
ABCDE triangle wave
sell short GBPAUD idea
2 ideas:
-mid term
-long term
multiple TP extra
TP 1.90529
TP 1.89180
TP 1.87540
Bearish structure, re-tracement leg in progress. Waiting for price to reach zone before initiating sells. Price may potentially create more liquidity within range before taking zone.
Safe and happy trades.
Here is our detailed technical review for GBPAUD.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 1.895.
Taking into consideration the structure & trend analysis, I believe that the market will reach 1.881 level soon.
P.S
The term oversold refers to a...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Hello,Traders!
GBP-AUD is trading in a
Downtrend and the pair
Is making a pullback from
The horizontal resistance
Of 1.905 and we will
Be expecting a further
Move down and a retest
Of the support level below
At around 1.891
Sell!
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Check out other forecasts below too!
HERE we can see that price creating a down trend and also price has to balance the liquidity at support we expect that price to 0.5 level fib, make a short entry after breakout of a up trend, follow for more live updates...
I look for consolidation at areas of support and resistance, then wait for price action that represents a strong breakout. It's important to understand the difference between a breakout move and what I call an exhaustion move, which I define a candle that is substantially longer than the previous candles at the top or bottom of a trend. This type of price action...
On the 4 hour Timeframe, the 4 hour Range that we are in.
This a good range because it meets these 3 critierias:
1) Price is in a range in either the 1hr,4hr or the daily.
2) The range is at least 100-150 Pips wide(can be larger, no issues)
3) The support & Resistance have at least 2 or more taps minimally for the range to be strong.
As price is...
GBPAUD
Breakdown:
#Timeframe Confirmation
Hour: Downtrend
Daily: Downtrend
weekly: Downtrend
#Perception
We in a downtrend and looking to continue selling
Selling GBPAUD here as there is strong supply at current price. However, looks like price has eaten into the majority of the supply so half risk on this one.
Very simple strategy.
Impulse…
… Correction
The main confluence with price action is the current rejection on the fib level
Price is showing signs of exhaustion
It can be risky to go against the trend
But that’s what we do
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
