GBPAUD Sell OpportunityLook to sell at the 2 point and 4 point into structure on the 15 min chart. Also wait for good 1 hour CLOSURE candles to confirm
AUDGBP trade ideas
GBPAUD DOWNTREND MAY CONTINUE!!!We have seen a quite nice jump in GBPAUD in previous week, but it may be just an impulse. As, we can see that the trend line is still holding and may continue the downtrend.
So, we are still bearish on GBPAUD pair and if we take a short here then we can take profit at 1.9000 and TP 2 will be at Support 1.8600.
So, don't take a long position for now. So, be neutral or go short!! :)
GBPAUD LONG ENTRY 2.45 RISK REWARD Based on technical analysis Long entry is possible with good risk reward .
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (2.0204). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Take Profits:
TP1= @ 1.9967
TP2= @ 1.9745
TP3= @ 1.9528
SL: Break Above R2
GBPAUD Sell SetupPotential GBPAUD setting up as well :) WAIT FOR A nice pullback into the 2 point or NEAR that zone for a clean entry after bearish momentum on a smaller time frame
GBPAUDGBPAUD it’s time for a long buy.. but I suggest u to take 1:2risk to reward... we can look for a buy on GBPAUD now ..
GBPAUD Gbpaud it’s time for a long buy.. put I suggest to use atleast 1:2 risk to reward... we can take buy on gbpaud now..
Gbp/aud continuing the down trendAfter reversing back from the resistance level the price is continuing the down trend. It is possible that it will touch the small support below and if it breaks that level it can touch the support zone below.
Perfect channel analysis for GBPAUDHello people
Here is an awesome analysis for you.
Pair= GBPAUD
As we can very clearly see that the pair is in a channel which is a buy trend.
Also the pair is making a new higher high while not breaking the previous
lower low.
The pair might touch the trendling support area and then bounce back.
One can take a buy entry with a tp at 2.00000
while keeping SL at 1.91000 .
Hope you all like it and make some money.
Thank you
Don't miss the great sell opportunity in GBPAUDTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (1.9655). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPAUD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 1.9522
TP2= @ 1.9343
TP3= @ 1.8765
SL: Break Above R2
