Thread: Golden Levels: GBP/AUD

Golden Levels: GBP/AUD This thread is exclusively for sharing graphics configurations with gold levels in GBP/AUD. You can learn more about trading with this method here: Before publishing graphics: Learn more about trading with Golden Levels in Forex Why trading from golden levels of support/resistance? You don't need to predict anything. Trying to guess what the market will do constantly is exhausting, stressful and, most of the time, unnecessary. A higher rate of capital growth is achieved by operating from the best price levels, with a high risk/benefit ratio and a good percentage of successes. More predictable revenue source by closing operations with a reasonable R:R (not too low, not too high

GBP/AUD The price is approaching a long-term range with several clearly defined golden levels within it. I consider that the first golden level can be a conservative input, as the bass push is running out in the H4 and H1 frames after an initial strong drop. Level 1.6240 should be included in the entry zone to increase the chances of a long position being activated. http://www.streamhedge.com/viewchart...7-11_GBPAUD_W1 Learn more about Golden Levels in Forex

If the price breaks 1,7159, I see a clear opportunity of lengths. First target: 1,7371 NaughtyPip Forget it, Brexit hard in sight.

Golden Levels: GBP/AUD This thread is exclusively for sharing graphics configurations with gold levels in GBP/AUD. You can learn more about trading with this method here: Before publishing graphics: Learn more about trading with Golden Levels in Forex Why trading from golden levels of support/resistance? You don't need to predict anything. Trying to guess what the market will do constantly is exhausting, stressful and, most of the time, unnecessary. A higher rate of capital growth is achieved by operating from the best price levels, with a high risk/benefit ratio and a good percentage of successes. More predictable revenue source by closing operations with a reasonable R:R (not too low, not too high

GBP/AUD The price is approaching a long-term range with several clearly defined golden levels within it. I consider that the first golden level can be a conservative input, as the bass push is running out in the H4 and H1 frames after an initial strong drop. Level 1.6240 should be included in the entry zone to increase the chances of a long position being activated. http://www.streamhedge.com/viewchart...7-11_GBPAUD_W1 Learn more about Golden Levels in Forex

If the price breaks 1,7159, I think there is a clear chance of lengths. First target: 1,7371 NaughtyPip Forget it, with Brexit hard this falls apart.

The 1.6240 level was hit and strongly rejected. It is confirmed as a relevant golden level in the daily frame. If the price retests it with less volume, it could be an excellent opportunity to enter long with a good risk/benefit ratio. I am monitoring H1 for a possible recoil entry. The immersive candle that was formed in the last hour could be anticipating a new impulse. I prefer to expect confirmation in the retreat to the area 1.6255 before positioning.

GBP/AUD is showing a consolidation structure on level 1.6290. If it breaks upwards, the next reference level would be 1.6375, which matches resistance within 4H. This level also coincides with a cluster of previous maximums, so it must be respected. The volume has been decreasing, which suggests accumulation. In this type of scenarios, I prepare to operate the break with limited purchase order above range. Confirmation will come with a wide body candle and increasing volume.

Many are waiting for spectacular moves in GBP/AUD without understanding that operating from golden levels is not about anticipating fireworks. It�s about identifying key areas where the price makes more sense, statistically and structurally. I�m waiting for the retreat to the area between 1.6205 and 1.6230. If the price gives me a clean entrance there with hammer or surround sail pattern, I�ll be in. No guessing, all structured and calculated.

For those who insist on operating in the middle of the range, luck with that. I prefer to sit back and wait for the price to reach the lower end of the weekly channel. Gold level marked at 1,6165, with trend line confluence and horizontal support. This type of inputs allow very small stop-offs and realistic goals without the need to pursue the market. Patience pays, but only if you are prepared when the time comes.