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Gbp-cad

GBPCAD - INTRADAY - 01. APR. 2020Welcome to our weekly trade setup ( GBPCAD )! - 1 HOUR Bullish reaction to 1.74000 4 HOUR Prices broke back above mid term bullish trend area, looking for another push to the upside. OVERALL PA increasing with good entries for long positions. - FOREX INTRADAY BUY GBPCAD ENTRY LEVEL @ 1.75510 SL @ 1.74060 TP @ 1.77510 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
12
GBPCAD Trade For Long Side For Shorter TimeGBPCAD has respected the Fibonacci retracement levels in the past very well as you can see it from the chart also from the current level it has to take the support at a 61% level. GBPCAD is also trading in rising wedge pattern. Long side trade can be initiate for a shorter time from the current price level & the target will be a meeting point of the resistance level of the rising wedge and the 72% Fibonacci retracement resistance level. Like/Comment/Follow Us For More Idea Note - Trade With Proper Risk Management System only. Thanks Vivek Samale
Long
by Fx_Trader_ViSa
2
GBPCAD IdeaThe current price movement is in the strong support zone. My estimation, price is going down to close the gap that was formed last Monday. A long candle bear that covers the body of the previous candle indicates a reaction of rejection from sellers that is strong enough, seen a bearish butterfly pattern, at least the price decline can reach the point of fibo 0.5, as well as it will close the gap. Or maybe it could go down even deeper around Fibo 0.382 at the point of the trendline channel.
by daltray
1