Gbpaudbuy
Bat formation near the D point!Hi guys,
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Bat formation near completion!Hi guys,
here you can see a bat formation near to the completion D point. However, my analysis started from higher timeframe, where i've indentified the strong daily support sitting at 1,60 even handle number. The harmonic formation ends up right there and therefore i think it could be a nice opportunity to go long.
Stops below X, targets at the .382 and .618 retracement of AD leg.
Good trading!
If you want to share your standpoint or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
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
GBP/AUD, DAY CHART, LONG (18-DEC-2016)Note:
GBP/AUD follows our prediction last week.
We remain bullish on this pair.
There are 3 trading plans for this pair:
1. Zoom into H4 chart, there is an immediate
resistance line at 1.715x level, wait for price
correction or pullback to 20-EMA and bullish signal
to long
2. Wait the price pullback to support zone and
bullish signal to long
3. If the price breaks the immediate resistance line
at 1.715x, wait for weak pullback to the resistance
line and bullish signal to long!
GBPAUD-Long Position For Ateast 400 Pips!Based on AB=CD pattern , Time Ratio & Gann Analysis. This is a potential Long position for at-least400 Pips, It has a potential for 900 or more pips, the minimum expectation is 400 Pips from this trade !
This trade has a complete structure and every single move will earn you Huge Pips. I have tried to mark the best entry points.
.TP & SL are mentioned in the chart.
Adjust your Stop Loss according to your lot size,
account equity ,strategy & money management.
***If you want to get in this trade from this point or 1.69000, you can still catch 350+ pips till TP1 is reached, however It may still go down a little, keeping the current situation in mind , It is recommended to enter with a smaller lot size if you want to take a long position right away & manage your stop loss accordingly.
Good Luck.!
* This is my personal view and analysis on this chart. If you follow this idea please plan your trade according to your lot size and account equity .
Don't forget to like, If you like my analysis :)