GBPAUD is moving in a descending channel between the trend lines. The chart bounced from the support level and is back above the dynamic support level. We expect a continuation of the bounce from the level coinciding with the 38% retracement of the last bearish impulse. ------------------- Share your opinion in the comments, and support the idea with a like....
Daily: - Hedge position - Solid candle close - Fib completion -27 - Strong zone (Weekly zone) *Clear Impulse and Correction Weekly: - Market structure (+) (Inv H&S pattern) - S&D zone (+) - FIB (+) Extra: - Trend with us + pattern - Zone that can work as magnet - Possible great R/R 4H: - Waiting on deceleration - Targeting daily zone
Here is our detailed technical review for GBPAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.916. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.930 level. P.S Please, note that an...
#GBPAUD is approaching its Daily Demand Zone and Daily Order Block, approximately 250 pips away. Risk-takers may consider a sell entry till the demand zone of 1.87235-1.86023. However, our strategy focuses on a significant buy opportunity after price rejection from this zone, price has already been mentioned. A potential buy of 200-300+ pips could be captured...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Market already mitigated a demand and i've seen a market structure shift (bullish CHOCH) this is a good indicating for buying📊📈💸
Price action suggest a bullish view: - falling wedge pattern - successful demand zone test (4h) - demand zone test followed buy a break of previous high (---$$$---) - buying sentiment getting stronger Entry is identified by a green circle SL: 20-30 pips ; TP: 160260 pips
GBPAUD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPAUD Entry - 1.8964 Sl - 1.8873 Tp - 1.9139 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Weekly - M formation with the neckline at 1.9200 - Price has hit a major region at 1.8900 - Expecting upward movement to 1.9200 neckline Daily - Price is engulfed between 1.8925 and 1.9050 - If price closes above 1.9050 then I am buying to 1.9200 - Currently sitting on my hands and waiting to see what happens
Color matching = child's play? When all you need to confirm - green on green and then you go for it? No need to make trading hard, when it can be this easy
GBPAUD is showing bullish divergence and it break its Last LH which shows potential HH buy on CMP
I have entered GA long at point of confluence. For these reasons -RSI divergence -Completed 3 corrective waves -Price bounced off trendline -Completed break and pullback of price -Price has bottomed on a falling wedge pattern on D1 Let me know your thoughts. Trade safe
Price reached the imbalance area after making a lower low, looking for price to extend to the 27.1% extension fibonacci level.
Price currently will do a short term sell retracement for its move towards the imbalance area. Look for entries at 61.8 or a deeper 78.6% fibonacci retracement.
GBPAUD Buy Limit @ 1.9100 Stop Loss @ 1.9040 ( 60 Pips ) (Swap and spread are not included.) Be sure to risk 1% of your account balance Take profit 1.9380 ( 280 Pips ) GBPAUD Buy Now @ 1.9155 Stop Loss @ 1.9110 ( 45 Pips ) (Swap and spread are not included.) Be sure to risk 1% of your account balance Take profit 1.9310 ( 155 Pips )