GBPAUD - TRADE SET UP - 30M CHART, 02:15 - Mon.11th Sept.

11 set 2023

Traders, price boxed in ready to trade either way. Expecting a sweep of liquidity lower and if support holds price will test supply areas above. A break of support/retest, price will continue to head lower.
DIONNG

11 set 2023

Nota

4 HOUR CHART - THE BIGGER PICTURE

11 set 2023

Nota

Traders, GA broken support during Asia session opening up demand areas at 1.9400 and 1.9325. Any bounce leading into London open may be short-lived.

11 set 2023

Nota

Traders, looking for a convincing COS to enter a BUY on a pullback targeting upper supply/liquidity area. Caution, we are still in a downtrend.
DIONNG

11 set 2023

Nota

Traders, from 08:00 London we had consolidation in a 30-35 pip range. If you caught 20-30 pips you are doing well. At 08:30 price started to go higher. There was a BOS on the 15 minute chart and i entered a BUY at 61% Fib. level. Price stalled at 1.9587 and came back 78% where i entered another BUY. Frustrating but happy taking small pips in this market. Incidentally, the second pullback happened at 11:15(06:15 NY) and price pushed higher at 13:00(NY open).
DIONNG