Buy Description: Pair: GBPCAD SL: 20-30 pips TP: 80 to 100 pips We have identified a potential buying opportunity in pair. The price has shown signs of bullish momentum and is currently trading above key support levels. Our entry point for this trade is Shown in The chart with a stop loss (SL) set at 20 to 30 pip . This provides a risk-reward ratio of...
Going short on GBPCAD targetting 0.5751 stop loss above previous support
We sell this pair now with downtrend confirmation and small range
As we see, there can be another decrease for GBPCAD in 4h timeframe, as it has touched the top of two channels as the same time, shown in the idea, if it breaks up that point there would be a pullback and huge increase tho.
#GBPCAD I think it's for sell now.
We are watching long term bearish setup in this pair. We are waiting for Bearish candle in D1 TF
everything gets the meaning when is drawn. can u see that red B wave and look how complex corrections can become. on the next wave down that big diagonal is the third wave and now its making 4th wave. due to the shortness of the 2nd, 4th will be longer speaking of time. (from my observing 2nd and 4th are equal or inversely proportional) so the drawn form of 4th...
-->>daily support broken -->> strong downward momentum -->> sell till next support level
GBPCAD has fallen to IMP support Level 1.17500..Price is also near to Important trendline support too. My View is Bullish on GBPCAD with the stoploss of 1.74200 FOr the Targtes of 1.76500 and 1.77500
PAIR: GBPCAD TIME-FRAME: 4H TRADE: CYPHER PATTERN Waiting for a Long opportunity on the GBPCAD 4 Hour time frame. Hit that like button, please share and comment away before you leave! Click "Like" if you find the information useful. Click follow if you want to stay updated with my ideas.
GBPCAD Head and Shoulders Pattern!
GBPCAD will fall soon after hitting the Strong resistance line or after completing the harmonic pattern.
However overall i am bearish GBP markets since GBP index is weaker across the board, but for now i am looking to buy this market around this support and will hold till my green MA, thereafter i expect it to start fresh falls. Look for buys if you have your trading strategy. Trade Safe.