Gbp/Aud
Pivot point 1.8263
Market trend Bearish
Resistance 1.8428
Resistance 1.8381
Resistance 1.8328
Supporting 1.8213
Supporting 1.8186
Supporting 1.8121
Thread: Gbp/Aud
Gbp/Aud
Pivot point 1.8263
Market trend Bearish
Resistance 1.8428
Resistance 1.8381
Resistance 1.8328
Supporting 1.8213
Supporting 1.8186
Supporting 1.8121
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Gbp/Aud so I prefer the short time that is the timeframe M15 and M30,
that's position market on 1.8217 then also there are some indicators that I use as the Bollinger Bands is OVERBOUGHT, ADX is DOWN TREND, Stochastic is OVERBOUGHT.
Then consider the position if the market trend is moving toward more leads OVERBOUGHT,
then I strongly encourage you to order BUY at current market at 06:21 and use a stop loss and take profit of 60 pips
is the take profit at 1.8242 and stop loss at 1.8192
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Todays aud data will come. That is why aud at mixxed position and no one can suggest that whats happend at next time. So try to work on and ejoying forex trading fully with full devotion and work on it. Because forex trading demand your fully attention and go on. Although forex is a best ever online bussiness.
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Today market analysis and trend:buy
According to indicators :-
Parabolic sar
Bollinger band
RSI
And
Moving average
Tell the about market trend up so we do trade in buy and take good profit
Forex Trading Is The Tree Of Money If You want Become A Millionaire So Achieve Good Knowledge About Trading
👍 BesT Of LucK 👍
"Best"
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market of GBPAUD is looking down and if we see the h4 chart then we can see that the price has a potential to go down and make some strong bearish so i will suggest that watch for the potential selling on this and in case of the buying we will make for sure orders on this but not for right now we have to watch only for the potential selling
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analysis for today 12 / 17 / 2013
My daily trading,I hope the day is a success ...
GBP/AUD (Daily Trade)
Resistance : R1 1.8267 R2 1.8292 R3 1.8312 R4 1.8342
Support : S1 1.8172 S2 1.8147 S3 1.8127 S4 1.8097
Open : 1.8209
High : 1.8247
Low : 1.8192
Range : 55 Pips
Running Price : 1.8231
For intraday trade today suggest BUY at the level 1.8231 stop loss at the level 1.8172 target take profit at the level 1.8312 or at the level 1.8342
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Emaan14 (2020-08-19)
Currently monitoring what appears to be a typical market market move.
Price is currently trapped in a range and created a double top.
As retail traders we taught to trade certain patterns and the market maker uses this knowledge to create liquidity
When retail traders saw the double top they started selling, price the spiked out of the contraction to the downside inducing more selling from breakout traders, some sell traders will be in profit for a moment.
The market maker will drive price up ,in the process turning the sell positions into buys and inducing breakout traders to buy even more in this process they will create enough liquidity to fill there sell orders.
I expect price to move into the area marked supply then we will wait for our confirmation to sell and ride the wave with the market maker.
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happy trading all, this pair is still moving sideways until now from the H4 time frame it is known that pair movement is still moving above the 161.8% fibo level if later the price breaks below it then the next price will target the support level below the price
but if the price rises it is possible that the possible level for the price to be touched is the SBR level which I marked with a line the top this is where we can do selling reentry with the condition that the price reject from here
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irfan33 (2020-08-19)
I think this pair still in a bullish trend. yesterday's bearish candle is just a correction before it will continue its bullish trend if seen from the weekly time frame in the form of bullish and overall last week the price movement was still controlled by the buyer while on the daily time frame itself
the trend reversal pattern has been formed quite well so that the opportunity for prices to continue moving up is quite open
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irfan33 (2020-08-19)
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