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Gbp-cad

GBPCAD: Bearish Outlook answering questions about GBPCAD I currently don't have any active positions on this pair, however, I am very bearish on GBPCAD at the moment. first of all, the pair has recently formed a beautiful double top with rsi divergence. In addition to that, the pair is trading on a strong level of horizontal resistance in conjunction with a resistance line of the expanding wedge . So I believe that the price still has the potential to drop at least to 1.67 level.
Short
by VasilyTrader
1
GBPCAD: Bearish Outlook answering questions about GBPCAD I currently don't have any active positions on this pair, however, I am very bearish on GBPCAD at the moment. first of all, the pair has recently formed a beautiful double top with rsi divergence. In addition to that, the pair is trading on a strong level of horizontal resistance in conjunction with a resistance line of the expanding wedge. So I believe that the price still has the potential to drop at least to 1.67 level.
Short
by VasilyTrader
2
GBPCAD SS Short + 101 PIpsPrice is below the 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. 2 Potential entries. If the PB is triggered first, then the BO entry is cancelled. It is not an add on position. PB Entry = 1.6957 Stop =1.6977 Risk = 20 pips Profit target = 1.6856 ( the projected daily low ) Reward = 101 Pips RRR = 5-1 BO Entry = 1.6926 Stop = 1.6951 Risk = 25 pips Profit target = 1.6851 Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a great week!! Allen ** I apologize if I am a little slow responding to comments as I am conducting a training room for the next several weeks
Short
by AGold54
14
GBPCAD SS Long + 75 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.7022 Stop = 1.6997 Risk = 25 pips Profit target = 1.7097 ( The projected daily high ) Reward = 75 Pips RRR = 3 - 1 I would appreciate if you leave a comment or like as a thank you Have a great weekend ! Allen As some of you know, I combine Strength and weakness, correlation and multiple tine frame analysis with Ichimoku concepts. Applying my methodology, you will know the best pair to trade, direction as well as specific entries and exits. I am holding an introductory webinar on Tuesday November 5 at 5:30 am GMT (30 minutes before the European open) I will explain the components of my methodology and the logic behind it Refreshments will be served....Lol If you are interested, shoot me a message with your email or respond below and I will send you an invite
Long
by AGold54
4
GBPCAD SS Long + 81 Pip PotentialPrice is above the Daily, 60 and 15 KS as well as the cloud. This is a Type 1 trade with a High probability and good RRR. BO Entry = 1.6859 Stop = 1.6834 Risk = 25 pips Profit target = 1.6940 ( The projected daily high ) Reward = 81 Pips RRR = 3.24 - 1 I would appreciate if you leave a comment or like as a thank you Allen This trade was analyzed and discussed in my training room. I am holding a free special session on Tuesday November 5 for traders interested in my methodology.
Long
by AGold54
15
GBPCAD - FOREX - 29. OCTO. 2019Welcome to our weekly trade setup ( GBPCAD)! - 1 HOUR Bearish market open this week. 4 HOUR Great long entries at our support zone and price action turnover. DAILY Bullish waving market with several pullbacks, looks like we need a turn now! - FOREX SETUP BUY GBPCAD 1ST ENTRY @ 1.68060 (wait for trigger) 2ND ENTRY @ 1.67350 SL @ 1.66090 TP @ 1.70190 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (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
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6591). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 78. Take Profits: TP1= @ 1.6817 TP2= @ 1.6970 TP3= @ 1.7312 SL= Break below S2
Long
by ForecastCity
11
Don't miss the great buy opportunity in GBPCADTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6591). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPCAD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 78. Take Profits: TP1= @ 1.6817 TP2= @ 1.6970 TP3= @ 1.7312 SL= Break below S2
Long
by ForecastCity
6
GBPCAD - Here we have the HH HL LL LH formations with a HH in line with Previous LL if you can scroll back there is around 3/4 of the same formation currently on this chart. FX:GBPCAD Keep it simple do not over complicate anything because when you do it gets complicated it self! Best advice I can give anyone in my opinion if your trading and after 20/30 pips you see your trade go from profit to loss hitting your SL I always Have a rule if it does goes into 20 - 30 pip profit move you SL to break even this way your not giving the market your money ---- Also myself trading I always keep tight SL because If it was going to go in the direction I want it to it will not move 50+pips
by DH-FX