GPBAUD Short GBPAUD Another Great Short Opportunity here, you can enter here or wait for a pull back. High chance we continue with the down move in the coming days.
Gbpaudsell
GBPAUD Short OpportunityThis pair has recently formed a bearish flag right at 50% retracement and at Daily Resistance level which has numerous price activity around said level.
Also notice that price is at the Bottom Cloud foreboding a breakout any moment.
Volume is also decreasing as price rallies higher indicating that this is not a legitimate bullish move.
Stochastics also indicate that price is ready for a free fall as it is in overbought territories.
We enter positions either at the breakout of the bearish flag and/or Daily Resistance, or for more a conservative approach upon breakout of the trendline and place our stop losses above the bearish flag with take profit levels placed at a 1:1 ration of the pole measured from the breakout
GBPAUD Down The DrainOn the 4 hour time frame GbpAud is setting up for a nice flush down. When you look at the daily time frame you see this correspondents with the downward channel there that just bounced off from the upper range. Making it not only very likely that the 4 hour will move down but also that it will break the support (red line)
Entry: cmp
SL: 1.6840
TP: 1.6660 > 1.6470
GBP/AUD Short Setup# Recently broken a trend-line from the March 2017 low to the down-side.
# Bearish Harmonic Pattern.
# MACD Hidden Bearish Divergence.
#Stochastic RSI "Over Bought"
GBPAUD: Broken ChannelAs you can see the bullish channel has broken and price is going for pullback and after that we can set our short positions.
GBPAUD Bear profits ahead ...Brilliant ...
What more do you need to do but just set your TP levels ...
We await
Double Top at market on GBPAUDHi guys,
this morning we could have a chance to get involved in this trade. Now i'm going to explain you why:
first of all, the big yellow box represents a daily structure level, this level happens to line up pretty well with the 618 retracement of the bigger daily leg.
In this cases i seek for trading opportunities down on lower timeframes: on the hourly chart you can see we have a double top forming right now, with RSI divergence.
An additional clue could be the psychological level price is testing (1,6700).
I'm waiting to see how the next candle will be.
Keep you updated.
If you want to share your view or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Double Top on GBPAUDHi guys,
this morning we could have a chance to get involved in this trade. Now i'm going to explain you why:
first of all, the big yellow box represents a daily structure level, this level happens to line up pretty well with the 618 retracement of the bigger daily leg.
In this cases i seek for trading opportunities down on lower timeframes: on the hourly chart you can see we have a double top forming right now, with RSI divergence.
An additional clue could be the psychological level price is testing (1,6700).
I'm waiting to see how the next candle will be.
Keep you updated.
If you want to share your view or simply ask questions, feel free to comment below.
Otherwise, see you in the next chart!
GBPAUD BREAK SHORT For NowGaris Trend Support Telah Terlewati GBPAUD akan Down SELL POSISI Yang Baik Sekarang
GBPAUD SELL WEDGE WATCH FOR A BREAKOUTGbpAud has been showing bullish potential, making a wedge as same did before a major gap on 15 January 2017.
Aud Interest rates and RBA Rate Statement gonna update in few minutes.
GBPAUD short termWe have approached a resistance trend line which started back on April 21st 2017 and a resistance dating back from May 6th 2010...if not even further back. We also have a bearish divergence on MACD and Momentum. If price breaks resistance it would be invalid.
GBPAUD @ 1h @ worst performer of 21 major cross-rates last weekTake care
& analyzed it again
- it`s always your decision ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
more detailed stats (all 21 Major Cross-Rates) of 2nd week 2017 @ my GOOGLE Drive
drive.google.com
Best regards :)
Aaron
GBPAUDGBP is not doing good these days. That's why I think there is room for a minor position in this >late< buy point. Because of the overall down trend on this chart and trading below all the EMA and MA's, it is save to say it might go a bit lower. I think it is fine to have a 160 stop-loss because it had 7 days straight with loses. So it might kick a bit soon. Trade this carefully with a lot of attention. See also below a link to my GBPCAD position I did some days ago, it's still going strong short and it's about to form a nice add-point for people already in.
