Gbpaudshort
GBPAUD SHORTING OPPORTUNITYI am looking at GBPAUD in this coming week with the focus to take a shorting opportunity on the pair.
I am looking at the levels of 1.76855.
I am looking to trade this setup at market conditions, price and at the bell.
Let us see how things pan out in the coming days.
PSA: This is not trading advice. This is not a signal. This is my setup and any trader taking this trade from my setup is doing so at their own volution.
gbpaud 4hwe will enter the market when it will come on our way..........always follow your risk management
GBPAUD Short (H4) POTENTIALLower highs and lower lows --- broke under 200ema and retested as resistance, looks like we have room to go down further to the key areas pointed out.
TRADING IDEA --- NOT AN INVESTMENT OPPORTUNITY -- DO NOT TRADE THESE!
GBPAUD nice Short term and Swing tradeEntry can be taken after the market's open at 62% or 70.2% fib retracement level.
GBPAUD WEEKLY FORECASTGBPAUD CURRENTLY IN BOTTOM MOST TRENDLINE AND LOWER SUPPORT ZONE WAIT FOR 4HR TRENLINE BREAKOUT AND THEN GO LONG...
IF IT FAILS TO BREAK THEN GO SHORT.
MY VIEW ON gbpaudWE SEE THAT PRICE HAS BEEN RESPECTING OUR ACENDING RESISTANCE TESNDLINE WITH 3 TOUCHES.
PRICE BROKE OUT OF OUR INNER ACCENDING SUPPORT TRENDLINE, CREATING A NEW BEARISH LL AND LH STRUCTURE.
IM EXPECTING PRICE TO TOUCH OUR OUTER ACCENDING SUPPORT WHICH IS OUR TAKE PROFIT.
Buy GU !!Looks like forming W pattern plus its testing old trend line and im thinking it will go for new high as long tp but for moment 1.82 as short tp with 7.5 R/R
GBPAUD - Bearish BiasGBP - BEARISH
1️⃣ Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency pulled it to a week's low against the dollar and its lowest in two weeks against the euro.
2️⃣ Market participants still expected limited losses for the pound. Some also cite seasonal factors such as the end of the tax year in Britain, for expectations that it will appreciate.
AUD - BULLISH
1️⃣ Risk sentiment was fuelled after the International Monetary Fund upgraded its global growth forecast.
2️⃣ The RBA held the cash rate target at a record low 0.1%, kept the size of its A$200 billion bond-buying program, signaling it is prepared to buy further bonds to help lower the jobless rate and spur wage growth.
3️⃣ The Australian Industry Group Performance of Construction Index jumped to a record high of 61.8 in March of in a sign of confidence that the country’s economy is on its path to a roaring rebound, while the IHS Markit Flash Australia Services Index was revised lower to 55.5 in March, signaling a further expansion in activity and new business.
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Technical
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We are selling the GBPAUD below SBR + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
GBPAUD - SELL NOW !Welcome to our Trade Setups - April 06th ( GBPAUD ) !
SELL GBPAUD
ENTRY LEVEL @ 1.80406
SL @ 1.83462
TP @ 1.74301
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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GBPAUD under seller controlThe pair although trading in a clear ascending channel, it has got rejected from the resistance level and moving towards the support trendline from the rising channel. Opening short opportunities.
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GBPAUD respecting Resistance GBPAUD is respecting the resistance, with a Head & Shoulder pattern . Going short
GBPAUD- Bearish Scenario #2Hello fellow traders; time for another analysis w/ SmoothPips
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GBPAUD SHORTthis analysis use elliot waves as the hedge to get well risk mannaged trades. with high probability set with some strict rules.
do not risk more than 1%. if you want to scale you entry , entry on each corrective waves.
enjoy.
best regards, patryck
SELL GBPAUD SIGNAL !Hello traders, here's the GBPAUD analysis.
If you have any questions, please leave them in the comments section.
Please like if you enjoyed my review.
Thank you so much.
NOTE: Before entering the trade, please conduct your own research.
GBPAUD SHORT: ENTRY AT UPPER CHANNEL RETESTSell limit placed on upper channel retest, i expect a
bearish momentum until lower channel before resuming bullish.
TP1 IS SET AT 50% FIB RET
TP2 IS SET AT 23.60% FIB RET from last SL to SH.
Eager to see how this plays out!
