GBPAUD Trading Idea
1. Here we have to wait for any side break
2. Either KL1 or KL2 break we have to wait
3. Price is still in Ichimoku Cloud, so
if the price breaks KL1, also price covers
IM Cloud, we can go for long
we can see here a buy opportunity for a good risk reward..
here is maket take inducement and break the demand zone (failed OB) and EGL.. lets watch how react the market at our final POI.. .
guys i hope u like my work .. plz motivate me from ur likes and comments if u finding analysis helpful.. thank
Price approach at area of value and made trend continuation pattern of break out of strong resistance once we take entry made pullback or any other confluence
Sell Entry On GBPAUD
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Our Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Sell Entry On GBPAUD"
(1) Entry Price - 1.75244
(2) Stop Loss - 1.75894
(3) Take...
Buy Entry On GBPAUD.
As A Trader I Completely Believe On Sentence " TRADING IS SO SIMPLE (If We Stay Consistent & Discipline With Our Strategy) BUT NOT EASY (If We Start Breaking Are Trading Strategy Rule.)"
"Below All Conditions Are Meet To Take Long Entry On GBPAUD"
(1) Entry Price - 1.73036
(2) Stop Loss - 1.72416
(3) Take...
OANDA:GBPAUD
GBPAUD has broken out and is now currently retesting as I am writing. It is in an important level as it is a confluence of 1HR FVG and also 0.618 retracement level on daily chart.
#GBPAUD #forex #trading #swingtrade
The GBPAUD pair has formed a descending channel pattern on the hourly chart indicating that the pair is in a strong bearish trend. The pair recently broke out of the channel to the upside and retraced back to the 50% Fibonacci level of the channel. This suggests that the pair is likely to move higher in the coming days. As such, we suggest going long on the pair...
