Gbpaudtrade
GBPAUD potential bulls takeover?Looking to see if the price can find a support around where the purple line is. We can see the price has found a resistance around the 1.86200 mark, however sell positions have been slowly been taken out and the resistance is getting weaker. If the price does break that resistance we can see there is a low traffic area into the highs.
GBPAUD LONG TERM BUYSBased on HTF POI we have a BOS on our daily Timeframe where i am looking to go long from as we are in our discounted price area where we only look to buy.
I have two entries for this trade which are at my 100% and 50% of my daily order block, because we have equal highs on our daily i will be targeting that equal highs and closing my trade once it get to that level and liquidity is grabbed.
Risking 1% for this trade.
stop loss of 62 pips and a take profit of 602 pips.
GBPAUD LONGS 📉📉📉I see a nice AMD pattern formed on this chart, as price (A) accumulated positions both on buy side and sell side on asian session, took out stops and trapped retail traders short (M) and right now should go above asian range highs because market makers probably entered their LONGS, another confluence there for longs is that we had good fundamental realease for the GBP in this morning
What do you think ? Comment below..
GBPAUD long forcast Given the downtrend in the pound and resistance in the 1.8540-1.8660 area, I think there is a good opportunity to sell, just the important point is
The approach of the Christmas holidays and the downsizing of transactions may prolong the trend. On Thursday, December 16, the British interest rate will be effective.
GBPAUD SELL entryzone : 1.8540
stoploss:1.8700
take profit 1 :1.8390
take profit 2 :1.8278
take profit 3 :1.8140
take profit 4 :1.7997
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GBPAUDHello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
GBPAUD view with S & R
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
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have a good profit day guys