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Gbpaudsetup

GBPAUD - Intra Day 50/50 Bounce (MARKETMAKERMETHOD)UPDATE: We have entered this trade at 10:15 CEST at 1.81962 SL: 1.8220 TP: 1.81750. Sell Limit at 1.82010 same SL and TP. If price were to close above the 13 EMA we're gonna kill the trade and take a scratch! Hello, Quick setup analysis on GBPAUD. This is my favourite Market Maker move. We wait for a pattern to occur during London session, wait for the 13 EMA to cross the 50 EMA and then trade the first pullback to the 50 EMA. Confluences: - 13/50 cross - 25 pip pullback - Candlestick pattern (Railroad tracks) - TDI below 50 Target will be 20-25 pips, stop at 1.8220
Short
by Matt1994
1
GBP AUD - Ready to go down?Hello everyone traders! Just a simple analysis about GBP-AUD , there are 3 signals that make me think to go short on this pair: 1) The price touched an important resistance zone around 1.79500. 2) Market will close really soon and is going to close with a bearish engulfing daily ( strong bearish candlestick pattern) 3) Touched 0.5 fib zone. Fibonacci started from the high around 1.85 zone of the 26/04/2018 to the low around 1.74 zone of the 06/06/2018 As you can see from the arrow that's pointing downside , a strong bearish impulse did the retracement and now i think that's over.Will go in lower timeframe to find a good entry , a first profit zone might around 1.76500 where EMA 200 in daily timeframe may act as support. While a 2nd more ambitious profit zone might be 1.75 zone , previous low zone. Obviously that's just my analysis , invite you to leave a comment and share with me what you think about this pair. Hope to have a nice day and a nice weekend traders. See you next time!
Short
by maro9392